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Fraudsters demanding money from investors – NNPC raises alarm

The FrontierThe FrontierJune 10, 2025 2140 Minutes read0

The Nigerian National Petroleum Company Limited has raised an alarm that some individuals are impersonating it, demanding money from investors.

A statement yesterday by the NNPC spokesman, Olufemi Soneye, stated that the individuals solicited fees for meetings with the NNPC board of directors, executives, and management staff, saying the actions were unauthorised and illegal.

“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 the NNPC board of directors, executives, and management staff. These actions are unauthorised and illegal.

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

He added that all legitimate engagements with the NNPC occurred strictly through official channels or business units only.

“NNPC Limited remains committed to transparency, integrity, and the protection of our stakeholders in all interactions. Let’s work together to prevent scams. Stay alert and share this notice,” he said.

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