Nigerians spent N2.37tn on petrol in 13 months – NNPC - News Summed Up

Nigerians spent N2.37tn on petrol in 13 months – NNPC


Okechukwu Nnodim, AbujaIn 13 months, Nigerians spent N2.37tn on petrol imported into the country by the Nigerian National Petroleum Corporation, data released by the corporation have shown. The corporation said on Wednesday that its total revenue generated from the sales of white products for the period May 2019 to May 2020 stood at N2.39tn. It disclosed that petrol contributed about 98.84 per cent of the total sales with a value of N2.37tn. The report stated that the N92.58bn was made on the sale of white products (only petrol this time) by PPMC during the review period. The oil firm said 950.67 million litres of white products were sold and distributed by the corporation’s downstream subsidiary, PPMC.


Source: Punch August 06, 2020 00:11 UTC



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