Fuel scarcity: NNPCL admits owing suppliers $6bn The Nigerian National Petroleum Company (NNPC) Limited has confirmed that it is currently in debt to fuel suppliers, a situation that has exacerbated the country's ongoing fuel scarcity issues. The company’s admission was made in a statement on Sunday, September 1, 2024, and highlights the financial strain impacting its operations. In the statement, titled “NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply Sustainability,” Chief Corporate Communications Officer Olufemi Soneye explained that the debts are significant and have placed considerable pressure on...