NNPCL admits financial burden amidst fuel scarcity …C0NTINUE READING HERE >>>
Nigerians are yet to see the end of the Premium Motor Spirit (Petrol) crisis as the Nigerian National Petroleum Company Limited, NNPCL, blamed supply cost for fuel scarcity.
The spokesperson of NNPCL, Soneye Olufemi, disclosed this in a statement on Sunday.
The firm’s comments come amid a report that its piled-up debt of $6 billion is the reason for fuel scarcity and the product supply hiccups.
Reacting to the report, NNPCL admitted to facing financial strain due to PMS supply costs.
The…
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