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Home News Business

NNPC Warns Against Fraudulent Agents Targeting Public, Foreign Investors

Celestine Umunnakwe by Celestine Umunnakwe
June 9, 2025
in Business
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The Nigerian National Petroleum Company (NNPC) Limited has raised an alarm over the activities of fraudsters falsely presenting themselves as representatives of the company.

In a public advisory released on Monday, Olufemi Soneye, the Chief Corporate Communications Officer of NNPC Ltd., cautioned both Nigerians and the international business community to be on high alert against these deceptive practices.

According to the statement, some individuals and organizations have been impersonating NNPC officials and requesting payments in exchange for access to high-level meetings with members of the company’s board, executives, or senior managers.

“The general public is advised to beware of individuals and companies falsely claiming to represent NNPC Limited. Their tactics include soliciting fees for meetings with NNPC board of directors, executives and management staff. These actions are unauthorised and illegal.”

 Sonye further emphasized the risk to foreign partners and investors, urging them to exercise vigilance and immediately report any suspicious approaches.

“Foreign investors and international business entities are especially urged to remain cautious. If approached, report the incident to the appropriate authorities immediately.”

Reiterating the company’s commitment to ethical business conduct, Soneye noted that all official dealings are done through recognized and formal channels.

“All legitimate engagements with NNPC Limited occur strictly through official channels or business units only.”

He reaffirmed  the company’s dedication to upholding transparency and safeguarding the interests of its partners and stakeholders.

“NNPC Limited remains committed to transparency, integrity and the protection of our stakeholders in all interactions.”

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