NNPC Says Nigeria Consumed N2.64tn Petrol In 13 Months
NNPC Says Nigeria Consumed N2.64tn Petrol In 13 Months

The Nigerian National Petroleum Corporation, NNPC has sold a total of 21.51 billion litres of petrol worth 2.64 trillion naira from December 2018 to December 2019.

The Corporation said the sale of white products from December 2018 to December 2019 by its subsidiary, the Petroleum Products Marketing Company, stood at 21.861 billion litres, with petrol accounting for 98.41 per cent.

It also added that the revenue generated from the sale of white products in the 13-month period stood at 2.71 trillion naira, with petrol contributing about 97.56 per cent.

NNPC has been the only importer of petrol into the country for more than two years, after private oil marketers stopped importing the commodity due to crude price fluctuations among other issues.

It also reported 40 vandalised pipeline points in December 2019, representing about 41 per cent decrease from the 68 points vandalised in November.