Nigerian National Petroleum Company Denies Scrap Sales
Analysis based on 13 articles · First reported Apr 24, 2026 · Last updated Apr 24, 2026
The alert from NNPC aims to prevent fraudulent activities that could harm public trust and potentially impact the company's reputation. While the direct market impact is limited, it underscores the importance of transparency in asset disposal for state-owned enterprises.
NNPC has issued a public alert to counter misleading information circulating about the sale of scrap materials, equipment, and components from its refineries, including Nigeria — Port Harcourt, Warri Refinery, and Kaduna Refinery. The company, through its Chief Corporate Communications Officer Andy Odeh, categorically denied issuing any bids or approvals for such sales and warned the public against individuals falsely representing themselves as agents. NNPC emphasized its commitment to transparency and accountability in managing national energy assets and advised reporting suspicious activities to law enforcement.
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