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    MarketForces Africa » MarketForces News » Group Urges NNPCL to Clear Doubt About Port Harcourt Refinery Export

    Group Urges NNPCL to Clear Doubt About Port Harcourt Refinery Export

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 7, 2024 News No Comments2 Mins Read
    Group Urges NNPCL to Clear Doubt About Port Harcourt Refinery Export
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    Group Urges NNPCL to Clear Doubt About Port Harcourt Refinery Export

    The National Anti-Corruption Crusader (NACC) has urged Nigerian National Petroleum Company Ltd. (NNPCL) to silence its doubters by providing evidence of exporting Low-Sulphur Straight-Run fuel oil (LSSR) from Port Harcourt.

    The group’s coordinator, Mr Samson Idoko, said this in a statement in Abuja on Saturday.

    He said NNPCL should present the agreement for the oil export to Gulf Transport & Trading Limited (GTT) for public scrutiny.

    The NNPCL has said that it exported (LSSR) fuel oil to Gulf Transport & Trading Limited (GTT), a Dubai-based company.

    He raised concerns about GTT’s previous involvement in crude oil swap deals with NNPCL.

    “How can GTT, which has been swapping our crude oil for years suddenly become the recipient of our exported oil?” Idoko queried.

    He urged the NNPCL to adopt greater accountability, particularly as Nigerians grapple with the economic aftermath of fuel subsidy removal.

    The NACC leader also criticized sections of the media for uncritically reporting NNPCL’s announcement of the sale.

    Idoko, therefore, challenged NNPCL to ensure transparency by inviting the media to document the loading process, saying anything done without media coverage remains unsubstantiated.

    He called for clarification underscoring the growing public interest in the operations of NNPCL, especially regarding its handling of oil exports and refining activities.#Group Urges NNPCL to Clear Doubt About Port Harcourt Refinery Export#

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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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