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News

NNPC Limited Denies Allegations of N20bn Payment to Ghost Consultants and Tax Theft

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: April 4, 2023
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2 Min Read
NNPC Ltd
NNPC Ltd
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The Nigerian National Petroleum Company Limited (NNPC) has denied allegations by an online platform that it paid N20 billion to ghost consultants and was involved in the theft of multi-billion naira tax due to the Ogun State Government.

In a statement issued by its Chief Corporate Communications Officer, Garba Muhammad, NNPC described the report as false and baseless, adding that the company does not have or deal with ghost consultants.

“At NNPC Ltd, the process of engaging consultants whenever the need arises is clear and verifiable and follows global best practices. It is therefore unfortunate that for whatever reason, the said online platform would make such a grievous allegation, mindless of the consequences of such actions. The claim of a missing N20bn is absolutely false and baseless,” Muhammad stated.

The company demanded that the online platform retract the publication immediately, noting that going forward, the platform should verify its facts before going to press.

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“The second component of the said unfortunate report is related to Ogun State Government claiming a back duty tax liability of about N18 billion, against an NNPC subsidiary, the Petroleum Products Marketing Company (PPMC) Ltd. For clarity, PPMC had objected and challenged the claim through its tax consultant. Consequently, the Ogun State Government took the matter to court which is not unusual in business circles,” he added.

According to Muhammad, the matter is currently before the court and NNPC Ltd will prove its case accordingly. He also advised the said online publication to be mindful of the consequences of its actions before taking them.

“For a matter that is already in court, as admitted by the online publication, it is sad that any medium can arrive at such subjudice conclusions as shown by the actions of the online medium,” he concluded.

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ByMuhammad A. Aliyu
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Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
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