The Nigerian National Petroleum Corporation Limited (NNPCL), on Tuesday denied reports indicating that it imported over 200 million litres of premium motor spirit, PMS.
The oil cartel rejected the report carried by some media outlets as completely false, baseless, and a reckless misrepresentation of facts. The group Chief spoke person of NNPCL, Mr. Olufemi Soneye said in a statement made available to sharpedgenews.com, that the report is “either a result of lazy and unprofessional journalism or a deliberate, sponsored attempt by economic saboteurs”.
Mr. Soneye stated emphatically that no such importation was made by NNPCL.
Below is the full text of the statement from Soneye: “NNPCL Debunks Report on Importation of 200 million Litres of PMS in February, 2025
The report alleging that NNPC Limited imported over 200 million litres of PMS in February 2025 is completely false, baseless, and a reckless misrepresentation of facts. It is either the result of lazy and unprofessional journalism or a deliberate, sponsored attempt by economic saboteurs to mislead the public.
Setting the Record Straight:
NNPC Limited has not imported a single litre of PMS in 2025. We do not control the import activities of private marketers, nor do we issue import licenses. Attributing all PMS imports to NNPC is not just misleading—it is outrightly deceptive and irresponsible journalism that ignores basic fact-checking principles.
While NNPC Limited has not imported PMS in 2025, let it be clear that there is no legal restriction preventing us from doing so if necessary. As Nigeria’s foremost energy company, we have a duty to ensure energy security. Should any supply shortages arise, NNPC Limited retains the full right and responsibility to step in and import to stabilize the market.
Misinformation of this magnitude does a grave disservice to the public, distorts market realities, and misleads key stakeholders. NNPC Limited will not tolerate the spread of false and malicious reports aimed at undermining its reputation. We will take all necessary legal measures to hold accountable those responsible for fabricating and disseminating falsehoods about our operations.
We strongly urge media organizations to uphold journalistic integrity by verifying facts before publishing misleading narratives. NNPC Limited remains committed to transparency and will not be swayed by attempts to manipulate public perception”.