The Nigerian National Petroleum Corporation (NNPC) has said that it recorded a total of ₦158.04bn from the sale of white products in the month of October 2020.
While white products include petrol, kerosene and diesel, the N158.04bn sales represent 92 per cent increase over the ₦80.15bn sales in September 2020.
The is contained in the October 2020 edition of the NNPC Monthly Financial and Operations Report.
According to the report, total revenues generated from the sale of white products for the period October 2019 to October 2020 stood at ₦1.95tn, with Premium Motor Spirit or petrol accounting for about 99.07 per cent of the total sales with a value of over ₦1.9tn.
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.
A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated that the figure is contained in the October 2020 edition of the NNPC Monthly Financial and Operations Reports (MFOR).
The report indicates that total revenues generated from the sales of white products for the period October 2019 to October 2020 stood at ₦1.95 trillion, with Premium Motor Spirit (PMS) accounting for about 99.07% of the total sales with a value of over ₦1. 9 trillion.
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TODAY
January 28, 2021
The Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020.
The Corporation in a statement, yesterday, by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, said premium motor spirit (petrol) accounted for about 99.07 percent of the total sales with a value of over N1.9 trillion.
NNPC said its downstream subsidiary, the Petroleum Products Marketing Company, PPMC, recorded a total of N158.04 billion from the sales of white products in the month of October 2020 representing 92 percent increase over the N80.15 billion sales in September 2020.
TODAY
January 28, 2021
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020.
A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated that the figure is contained in the October 2020 edition of the NNPC Monthly Financial and Operations Reports (MFOR).
The report indicates that total revenues generated from the sales of white products for the period October 2019 to October 2020 stood at ₦1.95 trillion, with Premium Motor Spirit (PMS) accounting for about 99.07% of the total sales with a value of over ₦1. 9 trillion.