Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG - Politics - Nairaland
Nairaland Forum / Nairaland / General / Politics / Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG (243 Views)
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| Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by DefHQ: 11:12pm On Aug 02, 2021 |
Mon Aug 2 2021. The Nigerian National Petroleum Corporation (NNPC) says it made ₦2.129 trillion from selling petroleum products between March 2020 and March 2021 and has remitted same to fg. The corporation disclosed this in its Monthly Financial and Operation Reports (MFOR), released on Sunday in Abuja. The sales came from its downstream subsidiary, the Petroleum Products Marketing Company (PPMC). “The total revenues generated from the sales of white products for the period of March 2020 to March 2021 stood at ₦2.129 trillion, where petrol contributed about 99.24 per cent of the total sales with a value of ₦2.113 trillion,’’ it said. According to the report, PPMC records ₦234.63 billion revenue from white products in March 2021, representing a 24.7 per cent increase from the ₦188.15 billion sales recorded in February “Total sale of white products for the period of March 2020 to March 2021 stood at 17.374 billion litres, and petrol accounted for 17.265 billion litres or 99.37 per cent,’’ it said. In the gas sector, 222.74 billion cubic feet (bcf) of natural gas was produced in March 2021, translating to an average daily production of 7,183.33 million standard cubic feet per day (mmscfd). (NAN) https://gazettengr.com/nnpc-made-%e2%82%a62-trillion-in-one-year-selling-fuel-report/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by kennykruzmason: 11:13pm On Aug 02, 2021 |
Really |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by Lastmankc(m): 11:27pm On Aug 02, 2021 |
And they are still borrowing money |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by yanabasee1(m): 11:47pm On Aug 02, 2021 |
Buhari says that the country is broke and so he goes to china to get loan... without looking inward to generate revenues and borrow less... |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by nairalandankrah: 2:46am On Aug 03, 2021 |
Lastmankc:I dont understand this gvt |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by nairalandankrah: 2:47am On Aug 03, 2021 |
yanabasee1:All he care about is cow |
| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by Karlovych: 3:08am On Aug 03, 2021 |
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| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by nairalandankrah: 7:19am On Aug 03, 2021 |
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| Re: Since 2016,We Remit over ₦2 trillion every year to Federal government __Nnpc DG by FarahAideed: 7:22am On Aug 03, 2021 |
yanabasee1: How can you look inwards to generate revenue? Tax? |
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