NNPCL issues fraud alert, warning investors against impersonators demanding money for fake meetings with its executives. All official dealings are through verified channels

NNPCL has issued a public alert warning against a rising wave of fraudsters impersonating its officials and soliciting money under false pretences from unsuspecting individuals, particularly foreign investors.

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In a statement released on Monday, the Chief Corporate Communications Officer, Olufemi Soneye, revealed that certain individuals and companies have been falsely claiming to represent the Nigerian National Petroleum Company Limited (NNPCL), offering meetings with top executives and board members in exchange for fees.

“These actions are completely unauthorised and illegal,” the statement read. “No genuine engagement with NNPCL requires payment for access to its leadership.”

The state-owned oil firm called on both local and international business entities to exercise vigilance and verify the authenticity of any business approach before engaging.

It emphasised that all legitimate dealings with NNPCL occur only through official channels or recognised business units.

NNPCL also urged anyone approached with such fraudulent propositions to immediately report the incident to appropriate security agencies to help curtail the scam.

“Let’s work together to prevent scams. Stay alert and share this notice,” the company added, reaffirming its commitment to transparency and integrity.

The alert comes amid increasing scrutiny of the oil sector and follows recent developments involving calls for accountability and transparency, including demands from civic groups such as SERAP for explanations on missing oil revenues.

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NNPCL’s firm stance against impersonation and fraud is part of its broader drive to restore confidence in Nigeria’s energy sector and safeguard the interests of genuine investors and stakeholders.