The Nigerian National Petroleum Corporation (NNPC), yesterday, said about N1.9 trillion was generated from sales of Premium Motor Spirit (popularly known as petrol) in a space of one year.
Surprisingly, Nigerians consumed 1.224.54 billion litres of white products in October 2020 as against the 603.39 million litres tally of September.
NNPC said total sales of white products for the period under review was 16.462.50 billion litres, with PMS accounting for 16.344.36 billion litres or 99.2per cent
During the period, 23 pipeline points were vandalised, representing about 10 per cent increase from the 21 points recorded in September 2020. Of the figure, Mosimi area accounted for 83 per cent of the compromised points, while Port Harcourt area posted the remaining 17per cent.
The report noted that 214.07 billion cubic feet (bcf) of natural gas were produced in October 2020, translating to an average daily production of 6,908.34 million standard cubic feet per day (mmscfd).
The daily average natural gas supply to power plants increased by 8.60per cent to 745mmscfd, equivalent to power generation of 2,801megawatts. During the time, a total of 3,018 BCF of gas was produced, signifying an average daily production of 7,658.88mmscfd.