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Atiku Condemns NNPCL for $6 Billion Debt and Fuel Scarcity Crisis

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Former Vice President Atiku Abubakar has strongly criticized the Nigerian National Petroleum Company Limited (NNPCL) following the company’s recent admission of a substantial debt totaling $6 billion owed to petrol suppliers.

This disclosure, made public on September 1, has intensified the ongoing fuel scarcity crisis, which has now been affecting the country for six weeks.

NNPCL’s Chief Communications Officer, Mr. Olufemi Soneye, confirmed the debt, highlighting the severe financial strain it has imposed on the company’s operations.

Soneye acknowledged that the debt poses a significant challenge to the company’s ability to maintain a steady fuel supply.

Despite these difficulties, Soneye reassured the public that NNPCL remains dedicated to fulfilling its role as the supplier of last resort, as required by the Petroleum Industry Act (PIA).

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The company is actively working with government agencies to ensure that petroleum products remain available across the nation.

In response to the situation, Atiku Abubakar expressed his deep concern through a statement released by his media aide, Phrank Shaibu.

He criticized the NNPCL’s handling of the situation, questioning the credibility of the profits that had previously been touted by the company.

Atiku accused the current administration under President Bola Tinubu of leading NNPCL towards a state of disarray, characterizing their actions as a “ruthless dismantling of its assets” and expressing skepticism about the transparency and effectiveness of their management.


 

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Federal Government Clarifies Position on Proposed Tax Recommendations

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The federal government reacted to claims stating that the new tax rules will be imposed on telecommunications and petroleum products for Nigerians.

The FG released a statement to explain the process and stated that there is no intention to place taxes on telecom and petroleum products and services.

“Those recommendations do not amount to government policy and are not binding on Nigeria. Decisions on tax matters are taken through established constitutional and legislative processes and are guided by national priorities and prevailing economic realities.”


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Peter Obi Raises Concerns Over Nigeria’s Hunger Index Ranking

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Nigerian politician Peter Obi speaks on the increase in the cost of living in Nigeria and shared how more Nigerians are now hungry and the hunger crisis is increasing in the country.

He stated, “Despite three years of Tinubu’s food emergency, Nigeria’s hunger ranking index declined to among the worst nations globally.”

“Yet the outcome of this has been the opposite. Nigeria’s hunger index has worsened significantly. Nigeria’s hunger index ranking was 103rd out of 123 countries surveyed in 2022/2023, and this figure has since worsened to 115th out of 123 countries surveyed in 2025/2026.”


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U.S. Government Warns Influencers Ahead of 2026 FIFA World Cup

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The U.S. government has released a warning to social media influencers who will be coming to watch the 2026 FIFA World Cup.

The government placed a rule on creating content to make money while using a tourist visa and stated that it could lead to deportation back to their country.

It can be noted that the World Cup will be hosted in the United States, Canada, and Mexico.

“People who enter the United States under a visitor program and receive income from a U.S. source would be violating the conditions of their admission status.”


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