The suspect said that he sells 20 litres of adulterated engine oil for N21,000, as against the price of N25,000 for the original product.
The Swiss commodities multinational also admitted sharp practices to gain business advantage in Cameroon, Equatorial Guinea, Côte d’Ivoire, among other countries.
The highest average retail price was Kaduna with N202.94, followed by Enugu and Abia with N197.51 and N195.27.
NNPC has assured Nigerians of enough fuel supply following the reappearance of queues at filling stations in Abuja.
Chair of the board of NNPC on Monday commended the Nigerian delegation at the 2022 Offshore Technology Conference (OTC), in Houston, Texas.
“When the illegal refiners are chased out from a particular area, they will relocate to another area.”
The apex bank’s governor, Godwin Emefiele, also urged NNPC to take steps to ensure supply of petroleum products.
The convicts obtained N3 million from a man with an assurance of securing a contract from NNPC to supply crude oil from Nigeria to the United States.
The auditor general’s report detailed stated that crude oil allocations from May 30 to December 31, 2019 was not provided for scrutiny.
“it does not happen anywhere, so we can’t be borrowing money while some people owe us,” Mrs Onyejeocha said.
