NNPC Debt Burden on Fuel Marketers

The Nigerian National Petroleum Corporation (NNPC) owes the Depot and Petroleum Products Marketers Association (DAPPMA) N600 billion according to evidence from the association's executive secretary, Mr Olufemi Adewole.

Adewole stated that NNPC also owes an additional N200 billion to DAPPMA members, bringing total indebtedness to N800 billion.

Adewole emphasized that the association's focus remains on ensuring consistent petrol supply through NNPC's efforts, without conflating issues with partners.

The Nigerian National Petroleum Corporation (NNPC) owes the Depot and Petroleum Products Marketers Association (DAPPMA) N600 billion as confirmed by Executive Secretary Mr Olufemi Adewole.

NNPC's additional debt of N200 billion to DAPPMA members raises total indebtedness to N800 billion, per Adewole's statement.

Adewole clarified that the association's focus remains on ensuring consistent petrol supply through NNPC without conflating issues with partners.