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REVEALED: See How NNPC generates over ₦200 billion from its filling stations

NNPC generates over ₦200 billion from its filling stations

Nairametrics.com reported the current results from NNPC Retail Limited, a subsidiary of Nigeria’s state oil corporation, the Nigerian National Petroleum Corporation (NNPC), revealed that the company generated over ₦200 billion from its 544 stations in the country. Information Guide Nigeria

The company generated its revenue from 5 petroleum products which are Petroleum Motor Spirit (PMS), Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK), Liquified Petroleum Gas (LPG), and Lubricants.

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According to nairametric team, the NNPC Retail Limited in accumulation gives a breakdown of the revenue from customers showing that a total of ₦2.28 trillion was made from the sales of petroleum products, accounting for 61.2% of the recorded revenue. This eventually meant that the NNPC generated ₦828.13 billion from the sales of crude oil, representing 22.3% of the total revenue. Jamb Result

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