The Nigerian National Petroleum Company (NNPC) Limited has deemed reports of 17.877 million barrels of crude oil been exported without proper documentation from 2016 to 2020 false.

A report, quoting the former Auditor-General of the Federation (Augf), had accused some exporters of shipping crude oil without completing the required Nigeria Export Proceeds (NXP) forms.

But in a statement signed by NNPC’s Spokesman, Garba Deen Muhammad, the company said the claims were malicious.

The statement explained that report mentioned 32 oil marketing companies involved in the non-completion of NXP forms which did not affect the repatriation of sales proceeds to the national oil company and subsequently, the federal accounts.

The company also clarified that NNPC limited does not appoint inspection agents as alleged, but rather, it is the sole responsibility of the Federal Ministry of Finance.

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