The Nigerian National Petroleum Company NNPC says the Petroleum Products Marketing Company PPMC, its downstream subsidiary made a sum of 203.73 billion naira on the sale of white products in July 2021.
This is contained in the July 2021 figures of the NNPC Monthly Financial and Operations Report, the 72nd edition of the Report released.
The report indicated a four per cent increase in Gas Production.
The report also revealed that total revenues generated from sales of white products for the period July 2020 to July 2021 stood at over 2.563 trillion naira where Premium Motor Spirit PMS contributed about 99.67 per cent of the total sales.
The report also indicated a 5.23 percentage increase in the average daily gas supply to power plants in the month of July.
This, it said stood at 759 million standard cubic feet of gas per day, equivalent to power generation of 3,250 Megawatts.
The report further noted that in the Downstream sector, to ensure sustained increase and effective distribution of petroleum products, especially PMS, nationwide, the NNPC has continued to diligently monitor the daily stock of petrol to achieve success in this regard.
