Debt Crisis at NNPCL Blamed for Escalating Fuel Queues Across Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) has acknowledged its “significant debt to petrol suppliers,” admitting that this financial burden threatens the sustainability of fuel supply across the country. Reports have indicated that the NNPCL owes petrol suppliers $6 billion, exacerbating the persistent fuel scarcity that has plagued Nigeria since early 2024. The company had […]