The Nigerian National Petroleum Corporation (NNPC)’s downstream subsidiary, Petroleum Products Marketing Company (PPMC) has announced that it sold petroleum products worth $556.8m (₦211.62bn) in February.
It also announced that sales of the products for the period February 2019 to February 2020 stood at about $6.8bn (₦2.6 trillion) with petrol contributing about 98.06 per cent of the total sales value of about ₦2.5 trillion.
The N211.62bn figure which is contained in the February 2020 NNPC Monthly Financial and Operations Report (MFOR) is significantly higher compared to the previous month’s ₦151.79 billion…
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