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PPMC generated N1.95trn revenue from white products sale in 13 months ― Report PPMC generated N1.95trn revenue from white products sale in 13 months ― Report Share A new report from the Nigerian National Petroleum Corporation (NNPC) says its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), generated a total of N1.95 trillion from sales of white products between October 2019 to the same month in 2020. For October 2020 alone, the Company recorded N158.04 billion representing 92 per cent increase over the N80.15 billion sales in September 2020. This is contained ...

TODAY January 28, 2021 The Nigerian National Petroleum Corporation (NNPC) Thursday disclosed that it generated N1.95 trillion from the sales of petroleum products in 12 months, from October 2019 to October 2020. The Corporation in a statement, yesterday, by its Group General Manager, Group Public Affairs Division, Dr. Kennie Obateru, said premium motor spirit (petrol) accounted for about 99.07 percent of the total sales with a value of over N1.9 trillion. NNPC said its downstream subsidiary, the Petroleum Products Marketing Company, PPMC, recorded a total of N158.04 billion from the sales o...

TODAY January 28, 2021 The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion from the sales of white products in the month of October 2020 representing 92% increase over the ₦80.15 billion sales in September 2020. A press release by the Group General Manager, Group Public Affairs Division of the Corporation, Dr. Kennie Obateru, stated that the figure is contained in the October 2020 edition of the NNPC Monthly Financial and Operations Reports (MFOR). The report...

By Prince Okafor The Nigerian National Petroleum Corporation, NNPC, Thursday, said its downstream subsidiary, Petroleum Products Marketing Company, PPMC, recorded a total of N158.04 billion from the sales of white product in the month of October 2020. This is an increase of 92 percent, when compared to N80.15 billion recorded on the previous month of the same year. White products include Premium Motor Spirit, PMS, also known as petrol, Dual Purpose Kerosene, DPK, and Automotive Gas Oil, also known as diesel. According to the corporation’s October 2020 edition Monthly Financial and Operation...

How we created opportunities out of Year 2020 challenges — NNPC On Kindly Share This Story: The year 2020 is a year like no other. A year that threw up a health challenge which brought the whole world to its knees. The coronavirus pandemic precipitated the lockdown of social and economic activities across the world, displacing the fortunes of many nations and businesses with the Oil and Gas Sector not being an exemption. 2020 is a year that brought West Texas Intermediate crude futures to below zero dollars. A calamity never seen before. However, like the hot fire that produces the finest ...