FG Rakes In N2.56tn From Petrol, Kerosene, Diesel Sales In 13 Months

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The Nigerian National Petroleum Company Limited on Wednesday announced that it earned N2.56tn revenue from the sale of white products (petrol, kerosene, diesel) in about 13 months.

It said in aIt also announced that N203.73bn was made on the sale of white products in the month of July 2021 through its downstream subsidiary, the Petroleum Products Marketing Company. issued in Abuja that the figures were contained in the July 2021 NNPC Monthly Financial and Operations Report.

The report stated total sale of petroleum products for the period July 2020 to July 2021 stood at 19.535 billion litres. PMS accounted for 99.73 per cent of total volume.

“It noted that in July 2021, 42 pipeline points were vandalised, representing 10.64 per cent decrease from the 47 points recorded in June 2021.

It added, “In the upstream, the NNPC recorded total export receipt of $191.26m in July 2021 as against $188m in June 2021.

“Receipts from crude oil amounted to $12.95m, while gas and
– Punch

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