The company characterized these claims as “entirely false, unfounded, and a reckless distortion of the truth.”
In a statement issued by its spokesperson, Olufemi Soneye, NNPC Limited attributed the misinformation to either “careless and unprofessional journalism” or a “deliberate, orchestrated effort by economic saboteurs to mislead the public.”
“NNPC Limited has not imported a single litre of PMS in 2025,” the statement read. “We do not control the import activities of private marketers, nor do we issue import licenses. Attributing all PMS imports to NNPC is not just misleading—it is outright deceptive and irresponsible journalism that ignores basic fact-checking principles.”
The company further explained that while it has not engaged in PMS imports this year, there are no legal restrictions preventing it from doing so if the situation demands.
“As Nigeria’s foremost energy company, we have a duty to ensure energy security. Should any supply shortages arise, NNPC Limited retains the full right and responsibility to step in and import to stabilize the market.”
NNPC Limited condemned the spread of “misinformation of this magnitude,” noting that it distorts market realities, misleads key stakeholders, and does a “grave disservice to the public.”
The company pledged to pursue legal action against those responsible for creating and spreading false information regarding its operations.
“We will not tolerate the spread of false and malicious reports aimed at undermining our reputation,” the statement highlighted.
The company called on media professionals to prioritize accuracy and adhere to established fact-checking protocols when covering sensitive industry issues.