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Published April 25, 2026businesscementeconomy

We Are Not Selling Refinery Scrap, Equipment, NNPC Warns Public

The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is selling scrap materials, equipment, or components from its refineries to individuals and private companies

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it is selling scrap materials, equipment, or components from its refineries to individuals and private companies. A Friday statement titled ‘Fraudulent Claims on Sale of Refinery Scrap and Equipment’ issued by its Chief Corporate Communications Officer, Andy Odeh, in Abuja, described the circulating reports as misleading and false.

“The Company wishes to categorically state that this information is untrue. NNPC Limited has not issued any request for bids, tenders, expressions of interest, or approvals for the sale of scrap materials, refinery components, or any items from the warehouses or inventories of any of its refineries”.

It also distanced itself from persons reportedly presenting themselves as the company’s representatives or agents, claiming to facilitate the sale of so-called “scrap metals” or refinery equipment. “These individuals are not authorised by NNPC Limited and are attempting to mislead members of the public”.

“For the avoidance of doubt, NNPC Limited is not conducting, nor has it authorised, any sale of scrap metals, equipment, or refinery components from any of its facilities”, the statement added, saying that any legitimate disposal of assets by NNPC Limited will only be conducted through established and transparent processes, publicly communicated through the Company’s official channels and in accordance with applicable regulations.

“Members of the public who encounter individuals or entities making such claims are encouraged to report the matter to the appropriate law enforcement authorities. “NNPC Limited remains committed to transparency, accountability, and the responsible management of national energy assets”, the statement added.

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We Are Not Selling Refinery Scrap, Equipment, NNPC Warns Public

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