#7+ sales receipt

Wednesday, January 16th 2019. | Receipt

The Nigerian National Petroleum Association (NNPC) said Nigeria becoming $640.35million from the consign of awkward oil and gas for the ages of October, 2018.

The address said the absolute consign cancellation of $640.35 actor recorded in October 2018 was college than the $527.70 actor logged in September 2018, expatiating that the cancellation showed $450.44million accrued from awkward oil auction with gas and assorted receipts continuing at $173.92 actor and $15.99 actor respectively.


In the after sector, the Petroleum Articles Marketing Company (PPMC), a after accessory of NNPC, acquaint a cancellation of ₦231.33billion from sales of white articles in the ages of October 2018 compared with ₦150.25 billion awash in of September 2018.

Total revenues generated from the sales of white articles for the aeon October 2017 to October 2018 stands at ₦2.684Trillion, area PMS contributed about 88.32 per cent of the absolute sales amount of ₦2.371 Trillion.


To ensure connected access of PMS accumulation and able administration beyond the country, a absolute of 1.66 billion litres of petrol, advice to 55.50milion liters/day, were supplied for the ages beneath review

Besides, the accompaniment oil close additionally aloft an anxiety on the accretion incidents of activity abuse beyond the country, adage in October aftermost year its activity arrangement suffered a 42.9 per cent access in the incidents of activity abuse compared to the antecedent ages during the year.

Giving a breakdown of the incidents of breaches in its infrastructure, NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, in a absolution bygone in Abuja, said the association recorded 219 activity vandalized credibility in the ages beneath review, compared to 125 incidents it suffered in September of the aforementioned year.


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