The Nigerian National Petroleum Corporation has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded a total of ₦158.04 billion in sales of white products in the month of October 2020 representing a 92% increase over the ₦80.15 billion sales made in the previous month (September 2020).
The figures were contained in a press release by the Group General Manager, Public Affairs Division of the Corporation, Kennie Obateru.
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The report indicates that total revenue generated from the sales of white products for the period October 2019 to October 2020 stood at ₦1.95 trillion, with Premium Motor Spirit (PMS) accounting for about 99.07% of the total sales with a value of over ₦1.9 trillion.
(Edited by Oloyede Oworu)
