NNPC Issues Fraud Alert Over False Refinery Scrap Sales

Nigerian National Petroleum Company Limited (NNPC Ltd.) publicly refutes claims of selling scrap materials or components from its refineries. The company warns the public against unauthorized individuals falsely presenting themselves as agents for such fraudulent transactions.

Recent public reports suggested the Nigerian National Petroleum Company Limited (NNPC Ltd.) was actively selling scrap materials, equipment, or components from its refinery facilities. NNPC Ltd. has labeled these widespread reports as false and misleading, issuing a direct statement to counter the spread of inaccurate information.

The national oil company stated unequivocally it has not issued any requests for bids, tenders, expressions of interest, or formal approvals for the sale of any scrap materials or refinery components. This directive applies to all items from the warehouses or inventories of any of its refineries, indicating no official process for such transactions is currently underway.

Furthermore, NNPC Ltd. highlighted the presence of individuals falsely claiming to represent the company. These unauthorized agents are reportedly attempting to facilitate the sale of what they call "scrap metals" or refinery equipment. NNPC said these individuals are not authorized by the company and are actively trying to mislead members of the public into fraudulent schemes, posing a direct risk to potential buyers.

This official warning underscores the need for vigilance against deception within the public and industry stakeholders. NNPC Limited emphasizes that any legitimate disposal of its assets would be conducted strictly through established, transparent processes. Such official sales would be publicly communicated through the company's official channels and adhere to all applicable regulations, ensuring accountability. The public should immediately disregard any claims or solicitations regarding unauthorized sales and exercise extreme caution when dealing with any third parties.

Members of the public who encounter individuals or entities making such false claims are strongly encouraged to report them to appropriate law enforcement authorities. This proactive measure helps prevent fraud and supports NNPC's commitment to transparency and the responsible management of national energy assets. Moving forward, the public should watch for official NNPC announcements regarding asset management and promptly report any suspicious activity to protect against scams.