Nigerian National Petroleum Corporation (NNPC) has indicated that in April 2020, it remitted the sum of N219.16billion to the Federation Account, reflecting the Naira proceeds from the sale of domestic crude oil and gas. In terms of dollar receipts, and export receipt of $193.05million was recorded in April 2020.
Meanwhile, the Corporation has put Nigeria’s daily consumption of premium motor spirit (PMS), otherwise called petrol, at 31.37 million litres per day in the month of April 2020.
The NNPC, in a release by its Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, explained that the figure was contained in the NNPC Monthly Financial and Operations Report (MFOR)…
Source: Nigerian Tribune
