On Sunday, the Nigerian National Petroleum Company Limited (NNPC Ltd) said it does not owe the sum of $6.8 billion to international traders.
Olufemi Soneye, the chief corporate communications officer of the company, disclosed this in a statement on Sunday.
The NNPC Ltd made this known in reaction to a report that the company is indebted to international oil traders to $6.8 billion and has not remitted revenues to the Federation Account since January, among other allegations.