NNPC Warns Investors As Fraudsters Pose as Officials, Demand Money

The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a strong warning to investors about fraudsters impersonating its officials. According to NNPC’s Chief Corporate Communications Officer, Olufemi Soneye, these individuals are demanding payment in exchange for arranging meetings with the company’s executives, board members, and senior management.

The company made it clear that it does not charge or authorise any fees for meetings or investment discussions. All legitimate business interactions, it stressed, are conducted strictly through official and verified NNPC communication channels or authorised business units.

NNPC stated that both local and international investors have been targeted by these scams, which threaten the integrity of its operations and stakeholder trust. The company reaffirmed its commitment to transparency, accountability, and ethical business practices.

Members of the public are urged to report any suspicious activity to law enforcement agencies or NNPC directly. The company called for vigilance and cooperation to stop the spread of fraudulent schemes in the oil and gas sector.