Federal Ministry of Finance, Abuja<\/p>\n
Press Statement on Forward Crude Oil Sale Reports<\/p>\n
The Federal Government of Nigeria is aware of recent media reports concerning a potential forward sale of crude oil involving the Nigerian National Petroleum Company Limited (NNPC Ltd).<\/p>\n
While market speculation is not uncommon in the context of ongoing economic reforms and transactions, no final decision has been announced by the Government, and commentary suggesting the collapse of any such initiative is unfounded.<\/p>\n
The Government remains focused on deploying a range of innovative, transparent, and fiscally responsible financing strategies to optimise Nigeria\u2019s oil assets, improve external liquidity, and strengthen macroeconomic stability.<\/p>\n
Signed
\nMohammed Manga *FCAI*
\nDirector, Information and Public Relations
\nJune 11, 2025<\/p>\n
www.finance.gov.ng<\/p>\n","protected":false},"excerpt":{"rendered":"
Federal Ministry of Finance, Abuja Press Statement on Forward Crude Oil Sale Reports The Federal Government of Nigeria is aware of recent media reports concerning a potential forward sale of crude oil involving the Nigerian National Petroleum Company Limited (NNPC Ltd). While market speculation is not uncommon in the context of ongoing economic reforms and […]<\/p>\n","protected":false},"author":4,"featured_media":146430,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[79,18,105],"tags":[212,436,1382,1381],"class_list":{"0":"post-146424","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-news","9":"category-oil-gas","10":"tag-crude-oil","11":"tag-nnpcl","12":"tag-reports","13":"tag-sale"},"yoast_head":"\n