NNPC Says Nigeria Consumed N2.64tn Petrol In 13 Months - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
March 23, 2020
The Nigerian National PetroleumCorporation, NNPC has sold a total of 21.51 billion litres of petrol worth 2.64trillion naira from December 2018 to December 2019.
The Corporation said the sale ofwhite products from December 2018 to December 2019 by its subsidiary, thePetroleum Products Marketing Company, stood at 21.861 billion litres, withpetrol accounting for 98.41 per cent.
It also added that the revenuegenerated from the sale of white products in the 13-month period stood at 2.71trillion naira, with petrol contributing about 97.56 per cent.
NNPC has been the only importer ofpetrol into the country for more than two years, after private oil marketersstopped importing the commodity due to crude price fluctuations among otherissues.
It also reported 40 vandalisedpipeline points in December 2019, representing about 41 per cent decrease fromthe 68 points vandalised in November.