NNPC Ltd. Rejects Scrap Sales Claims, Warns Public of Impostors

Context Recent reports have circulated, suggesting the Nigerian National Petroleum Company Limited (NNPC Ltd.) is actively engaged in selling discarded equipment, scrap materials, and components from its various refinery sites across the nation. These unverified claims gained traction among some segments of the public, prompting a direct response from the state-owned enterprise. The allegations raised questions about the company's asset management policies and the integrity of its operational processes.

Key Facts NNPC Ltd. has officially labeled all such reports of it selling scrap materials from its refineries as false and misleading. The company's stance is unequivocal: it has not issued any requests for bids, tenders, expressions of interest, or approvals specifically for the sale of scrap materials or any refinery components. This statement directly addresses the mechanism through which any legitimate disposal would typically occur. Furthermore, NNPC Ltd. has confirmed receiving reports of individuals falsely presenting themselves as company representatives. These impostors claim to facilitate the sale of what they call “scrap metals” or refinery equipment. NNPC Ltd. emphasized that these individuals are not authorized by the company and are actively attempting to mislead members of the public, potentially for financial gain.

What It Means This robust clarification from NNPC Ltd. underscores its commitment to transparency and established asset disposal protocols. Any legitimate sale of company assets, regardless of their nature, would invariably follow public, transparent processes, officially communicated through its established and verified channels. Such procedures ensure fair dealing and accountability. The public should exercise extreme caution and disregard any claims or solicitations from individuals or entities purporting to act on behalf of NNPC Ltd. for scrap sales. Reporting any encounters with such fraudulent agents to the appropriate law enforcement authorities remains crucial. Going forward, attention will focus on NNPC Ltd.'s adherence to transparent asset management and any future official communications regarding genuine public tenders for asset disposal.