The Nigerian National Petroleum Company (NNPC) Limited has officially acknowledged that it owes a significant debt to suppliers of premium motor spirit (PMS), commonly known as petrol. This admission was made in a statement released on Sunday by Olufemi Soneye, the company’s Chief Corporate Communications Officer. The debt, amounting to $6 billion, has exacerbated the [...]The post NNPC admits to owing $6bn to petrol suppliers amid lingering fuel scarcity appeared first on National Daily Newspaper.
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