₦airaland Forum

NNPC Raises Alarm Over Fake Sale of Refinery Scrap Materials

By Enemona Samuel Endurance

The Nigerian National Petroleum Company Limited (NNPC) has raised the alarm over the circulation of false information claiming that it is selling refinery scrap materials, equipment, and components to individuals and private firms.

In a statement issued on Friday in Abuja, the company firmly denied authorising any such sales, describing the claims as misleading and fraudulent, according to The Business Bureau.

The statement, signed by the Chief Corporate Communications Officer, Andy Odeh, clarified that NNPC has not issued any request for bids, tenders, or expressions of interest regarding the disposal of refinery assets.

“NNPC Limited wishes to alert the public to the circulation of misleading and false information suggesting that the company is selling scrap materials, equipment, or components from its refineries,” the statement read.

NNPC Denies Any Scrap Sale Activity

The company categorically stated that it has not approved the sale of any items from the warehouses or inventories of its refineries, including facilities located in Port Harcourt, Warri, and Kaduna.

“NNPC Limited has not issued any request for bids, tenders, expressions of interest, or approvals for the sale of scrap materials or refinery components,” the company said.

NNPC emphasised that any legitimate disposal of assets would only be conducted through transparent and officially communicated processes in line with regulatory requirements.

Fraudsters Impersonating NNPC Officials

The oil company disclosed that it has received reports of individuals falsely presenting themselves as NNPC representatives or agents, claiming to facilitate the sale of refinery scrap materials.

It warned that such individuals are unauthorised and are attempting to defraud unsuspecting members of the public and corporate organisations.

The Business Bureau gathered that the company has urged stakeholders to remain vigilant and avoid engaging with anyone making such claims.

Public Advised to Exercise Caution

NNPC advised the public to disregard all solicitations related to the alleged sale of refinery equipment and to verify information only through its official communication channels.

“For the avoidance of doubt, NNPC Limited is not conducting, nor has it authorised, any sale of scrap metals, equipment, or refinery components from any of its facilities,” the statement added.

The company also encouraged anyone who encounters such fraudulent activities to report them to relevant law enforcement authorities.

Refinery Status and Ongoing Concerns

Despite repeated assurances, Nigeria’s state-owned refineries in Port Harcourt, Warri, and Kaduna have remained largely inactive over the years, raising concerns among stakeholders about their long-term viability.

However, NNPC Group Chief Executive Officer, Bayo Ojulari, has maintained that efforts to revive the refineries are ongoing.

The Business Bureau analysis indicates that misinformation surrounding refinery operations often thrives amid uncertainty in the sector, underscoring the need for clear and consistent communication from industry stakeholders.

Source: https://thebureau.com.ng/nnpc-fake-refinery-scrap-sale-alert/

Hmmm
This country na WA o

Who deh rob Paul for broad day light. One broke GM don cash out. May be he refuses to settle the guys at gate and you know those guys can escalate unnecessary things

Nnpc denies selling condemned iron

Wetin be that abeg make una dey talk sense

It will soon turn out to be true in matter of days.

Abi iron condem Don come move am?

Ahn ahn so dem don dey run collabo with Iron condemn people inside NNPC ?

Who is denying what I have already paid for?
All those condemned Iron was bought by me, IronCondemned. If you dare deny it then we will GO TO COURT.

Atarakpa:
Who deh rob Paul for broad day light. One broke GM don cash out. May be he refuses to settle the guys at gate and you know those can escalate unnecessary things

Aboki will sell that scrap to fellow abokis make billions before it reach igbo man the last buyer

Confused confusionists 🫤

Nigeria government officials are so incompetent and my issue is that we still see their cousins in politics as an alternative. Hmmm

Editorialtimes:
However, NNPC Group Chief Executive Officer, Bayo Ojulari, has maintained that efforts to revive the refineries are ongoing.

Of course. I'm sure they'll be revived soon and we'll swimming in refined crude.

Nigeria is a crime scene. I won't be surprised if those "scraps" are being sold by NNPC staff.

Like the MM airport selling to a Brazilian himmmmmm

Jagaban Army structure don chop muguu Sara

Goldforever:
Like the MM airport selling to a Brazilian himmmmmm

You've been around for a long time bro

Ade Bendel and Co

All.of this noise ontop iron condemn?

IronCondemned:
Who is denying what I have already paid for?
All those condemned Iron was bought by me, IronCondemned. If you dare deny it then we shall GO TO COURT.

I full ground oOoOO, Go to court

Lol. They don dey sell am

We shall see

Since they aren’t working, they’re better off as scrap. Dangote picked the right market to enter. Zero competition.

Okay, then the headline is wrong... Nobody has paid for anything

NNPC is just putting a notice that says [/b]The refinery and it's metals are not for sale. Beware of 419[b]

elitper:
All.of this noise ontop iron condemn?

My brother. Naija na case I swear.

But most of una Oga don pocket the money naaaa

Anyway, refund or be removed.

You see one thing I understand about this oil business, e be like cartel stuff

Infact, their members tough pass cultist

As someone who works in an oil organization, I believe those scraps were sold to iron condemn by NNP officials, but might not be from top officials.

We were told that the port Harcourt refinery was working

So how come they are selling it as scrap

Someone wanted to sell it long ago and he was vilified.

How market now

Chaiiiii. They're now selling nnpc as scraps

NNPC is now Iron condemn Petroleum Company.

Our refineries have turned into iron condemn
They should sell it to the Mallams

Iron damage petroleum PLC,

You arw lucky to find buyers for your condemned Iron. Or was the price same as condemned phone anf laptop?

Shameless things.

Una sell abi una no sell?

Can someone remind how many billion dollars was borrowed for that refinery again??