Oil & Gas

No NNPC Staff Arrested for Suspected ATM Fraud Says Corporation’s Spokesman   

289

The Nigerian National Petroleum Corporation (NNPC) has clarified that none of its staff was involved or arrested in the suspected fraudulent ATM transaction involving some alleged swindlers and workers in a filling station located at Kubwa, on the outskirts of Abuja.

The NNPC in a release by its Group General Manager, Group Public Affairs Division, Ndu Ughamadu, explained that the station in question was engaged to NNPC Retail, its downstream subsidiary, on cash-and- carry basis which meant that the company paid for products before supply was made to the station.

The Corporation noted that by the nature of its contractual terms with the company, the firm operated the station with its Staff independently stating that the workers of the station arrested in the said transaction were not staff of the Corporation.

On the reported fraudulent transfer of the sum of N950, 000 by the suspects to NNPC Account, the Corporation said it was impossible to effect such transfer since all sales proceeds from the station were remitted to the company’s account noting that the said account involved in the case was not an NNPC account as erroneously stated in some media reports.

Leave a comment

Related Articles

NNPC Ltd. signs partnership deal with China Engineering Corporation for power project funding

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a deal...

NNPC Ltd’s $6bln debt confirms Tinubu’s truthfulness about fuel subsidy removal – Presidency

The Special Adviser to the President on Information and Strategy, Mr. Bayo...

Dangote Refinery set to flood Nigeria with 25m litres of petrol daily

The Dangote Oil Refinery will supply a total of 25 million litres...

Breaking: Dangote refinery commences petrol production

Alhaji Aliko Dangote has officially announced the commencement of petrol production at...

NNPC Ltd. Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has acknowledged recent reports...

Cross-border fuel smuggling: Oil Minister says security agencies are complicit

The Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has pointedly...

NNPC Ltd. expands global market footprint to Japan, China with LNG supply on delivered-ex-ship basis

In line with its strategic vision to be a dynamic and reliable...

Divestments by Mobil Producing Nigeria Unlimited, others followed due process under PIA, NUPRC insists

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has shed light on some...

Oando acquires Nigerian Agip Oil Company for $738m

Oando Plc has completed its acquisition of the Nigerian Agip Oil Company...

Crude oil sales to Dangote Refinery in naira start October 1 – FG

The Federal Government says it will commence the sale of crude oil...

Breaking: NNPC Ltd.’s profit surges by 28%, records highest profits of N3.29trn in 46 years

The Nigerian National Petroleum Company Limited (NNPC Ltd) has recorded its highest...

No presidential approval yet to use nation’s dividends to defray petrol subsidy – NNPC Ltd.

The Nigerian National Petroleum Company Limited (NNPC Ltd) has described as false...

NNPC Ltd. not owing any international oil trader $6.8bln, says spokesman

Contrary to a media report, the Nigerian National Petroleum Company Limited (NNPC...

Kyari Urges Military to Sustain Onslaught Against Crude Oil Theft

The Group CEO of Nigerian National Petroleum Company Ltd. (NNPC Ltd.), Mr....

Tony Elumelu to FG, security agencies: Tell Nigerians stealers of Nigeria’s crude oil

Nigerian billionaire businessman, Tony Elumelu has said the Nigerian government and security...

Economic Sabotage: Count Us Out—NNPC Ltd

Mr. Mele Kyari, the Group Chief Executive Officer of NNPC Limited (NNPC...

Breaking: NNPC Ltd. Launches Utapate Crude Oil Grade

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has announced the introduction...

NNPC Ltd’s state of emergency on crude oil production pays off, raises output to 1.61m bpd in July 2024

Following the Nigerian National Petroleum Company Limited’s (NNPC Ltd) declaration of a...

Hitches in vessels discharge operations responsible for tightness in fuel supply – NNPC Ltd

The Nigerian National Petroleum Company Ltd. (NNPC Ltd) says the tightness in...

Pres. Tinubu’s commitment to tackling oil theft, pipeline vandalism unwavering – Lokpobiri

The Minister of State Petroleum Resources (Oil), Mr. Heineken Lokpobiri, has restated...