$6bn debt: Atiku slams NNPC for lack of transparency

Former Vice President Atiku Abubakar has slammed the Nigerian National Petroleum Company Limited (NNPCL) over its admission of a $6 billion debt to petrol suppliers.

After months of denials, the NNPCL on Sunday, admitted that the cause of the lingering fuel scarcity in the country was the debt owed to the suppliers.

While confirming the debt in a statement, the NNPCL Chief Communications Officer, Mr. Olufemi Soneye, said the severe financial strain on the company’s operations has made fuel supply inconsistent.