NNPC addresses crude oil export allegations, breaching Buhari’s order

Nigerian National Petroleum Company (NNPC) Limited has denied claims that it exported $1 billion crude oil without records in four years.

Ripples Nigeria had reported two days ago that Auditor General of the Federation (AuGF) alleged that the NNPC Limited exported 17.877 million barrels of crude, valued at $1,020,969,281.12, between 2016 and 2020 without proper documentation.

This was obtained from a document published by the Auditor General of the Federation, which was also reported to have faulted the NNPC for appointing two Pre-Shipment Agents (PIAs) and one Monitoring and Evaluation Agent (MEA) in 2017.