NNPC Ltd Battles Severe Financial Strain Amidst $6 Billion Debt, Threatening National Fuel Supply Stability
NNPC Ltd. has acknowledged the recent reports in national newspapers regarding the company’s significant debt to petrol suppliers, which has resulted in financial strain and disruptions in petrol supply. In a statement released by Olufemi Soneye, Chief Corporate Communications Officer, NNPC Ltd. announced that the company is experiencing financial pressures stemming from the costs associated…