NNPC Blames Fuel Scarcity On Corrupt Marketers | Independent Newspapers Limited
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NNPC Blames Fuel Scarcity On Corrupt Marketers

Posted: Mar 28, 2016 at 8:59 pm   /   by   /   comments (0)

The Nigeria National Petroleum Corporation (NNPC) has said that the lingering fuel scarcity should be blamed on corrupt markers.

The corporation made this known via tweets from its twitter handle @NNPCGroup on Monday.
According to the NNPC, which says it is “challenged by unpaid arrears arising from subsidy regime necessitated most oil marketers to stop all forms of involvement in products imports”, that it is on top of the situation.
“With the firm support of President @MBuhari and the National Assembly, we greatly reduced this debt burden. Since 01/01/2016, we have been able to eliminate subsidy payments by managing prices at current levels through price modulation.