{"id":62871,"date":"2021-07-27T06:12:13","date_gmt":"2021-07-27T05:12:13","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=62871"},"modified":"2021-07-27T06:12:13","modified_gmt":"2021-07-27T05:12:13","slug":"n2trn-worth-of-petrol-consumed-in-12months-says-nnpc","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/07\/27\/n2trn-worth-of-petrol-consumed-in-12months-says-nnpc\/","title":{"rendered":"N2trn worth of petrol consumed in 12months, says NNPC"},"content":{"rendered":"<p>The Nigerian National Petroleum Corporation (NNPC) has stated that consumers in the country spent N2.07 trillion in 12 months (February 2020-2021) on the consumption of premium motor spirit (PMS) better known as petrol.<\/p>\n<p>This was contained in the\u00a0NNPC\u2019s monthly financial operations report (MFOR) for February 2021.<\/p>\n<p>According to the report, a total of 17,324.67 billion litres of white products was sold in the period under review.<\/p>\n<p>This comprised 17,215.17 billion litres of petrol, 101.69 million litres of automotive gas oil (AGO), also known as diesel, and 7.80 million litres of dual-purpose kerosene (DPK).<\/p>\n<p>\u201cA total sum of N188.15 billion was made on the sale of white products by Petroleum Products Marketing Company (PPMC), a subsidiary of the <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/07\/15\/senate-nnpc-did-not-remit-n3-87trn-crude-oil-proceeds-in-2015\/\">NNPC<\/a>, in the month of February 2021 compared to N190.72 billion sales in January 2021,\u201d the report reads.<\/p>\n<p>\u201cTotal revenues generated from the sales of white products for the period February 2020 to February 2021 stood at N2,070.34 trillion, where PMS contributed about 99.13% of the total sales with a value of N2,106.69 trillion.\u201d<\/p>\n<p>The report also showed that NNPC recorded a trading surplus of N39.85 billion in February 2021, representing an increase of 314.24 percent, compared to the N9.62 billion surplus recorded in January 2021.<\/p>\n<p>The corporation further said 54 pipelines were destroyed in the same month \u2014 increase of 50 percent from 27 pipeline points recorded in January 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Corporation (NNPC) has stated that consumers in the country spent N2.07 trillion in 12 months (February 2020-2021) on the consumption of premium motor spirit (PMS) better known as petrol. This was contained in the\u00a0NNPC\u2019s monthly financial operations report (MFOR) for February 2021. According to the report, a total of 17,324.67 billion [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":13292,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[14229,14227,1193,14228],"class_list":["post-62871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-accounts","tag-n2-trillion","tag-nnpc","tag-petrol-consumption"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>N2trn worth of petrol consumed in 12months, says NNPC<\/title>\n<meta name=\"description\" content=\"The Nigerian National Petroleum Corporation (NNPC) has stated that consumers in 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