The Nigerian National Petroleum Corporation has said it recorded a trade surplus of N15.04 billion in January 2019, an increase of 24 per cent over the N12.13 billion surplus posted by the corporation in December 2019.
The NNPC’s spokesman said that the NPDC’s position contrasts with the high expenditure levels posted by two other entities of NNPC, the Petroleum Products Marketing Company and Duke Oil, although both ended the month with profit. “Within the period under focus, NNPC transferredN153.01 billion into the Federation Account, while cumulatively, from January 2018 to January 2019, Federation and JV receivedN905.45 billion and N658.66 billion respectively, under the column of Naira Payments to the Federation Accounts.”
“The 42 edition of the NNPC’s MFOR recorded 230 hacked pipeline points, leaving only two ruptured, marking an 11 per cent improvement from the 264 vandalised points posted in December 2018.” In the gas sector, he observed that natural gas production increased by 2.22 per cent at 245.83 billion cubic feet compared to output in December 2018, translating to an average production of 8,194.34 million standard cubic feet of gas per day .
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NNPC records trade surplus of N15.04b in January - The Nation NewspaperThe Nigerian National Petroleum Corporation (NNPC) has a trade surplus of N15.04billion for January 2019, an increase of 24 per cent over the N12.13 billion
Source: TheNationNews - 🏆 6. / 69 Read more »
NNPC Records Trade Surplus of N15.04bn in January 2019 - THISDAYLIVEKasim Sumaina in Abuja The Nigerian National Petroleum Corporation (NNPC) has said that it has a trade surplus of N15.04 billion for January 2019, an increase of 24 per cent over the N12.13 billion surplus posted by the corporation in December 2019. The NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, in … Wailers won't share this Wetin den dey sell weh surplus?
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
NNPC records N15.04bn trade surplus in January – Daily TrustThe Nigerian National Petroleum Corporation (NNPC) said it recorded a trade surplus of N15.04 billion for January 2019, an increase of 24 per cent over the N12.13bn surplus posted by the corporation in December 2019. NNPC spokesman, Mr. Ndu Ughamadu, who stated this in a statement in Abuja yesterday said details of the report is …
Source: Daily Trust - 🏆 13. / 51 Read more »
NNPC records N15bn trade surplus in one month - Vanguard NewsThe Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
NNPC pays N153.01 billion into federation account in January - Premium Times NigeriaThe corporation says it remitted N905.45 billion and N658.66 billion to the Federation Account its Joint Ventures from January 2018 to January 2019. Good news!!! How much have they remitted to the account since then.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
NNPC pays N153.01bn into federation account in January – Daily TrustThe Nigerian National Petroleum Corporation, NNPC, says it transferred N153.01 billion into the federation account in January.
Source: Daily Trust - 🏆 13. / 51 Read more »
NNPC pays N153.01bn into federation account in January - Vanguard NewsThe corporation disclosed this in its Financial and Operations Report for the month of January released in Abuja on Sunday.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Delta communities report NNPC to presidency, NASS - Daily Post NigeriaHost communities to the Warri Petrochemical Company, WRPC, has called on the presidency, the National Assembly, the Delta State Government, traditional rul
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Repairs on Escravos — Lagos gas pipelines completed – NNPC
Source: MobilePunch - 🏆 8. / 63 Read more »
NNPC begins additional 2bn litres PMS monthly supply – Daily TrustThe Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru has said that to sustain the present...
Source: Daily Trust - 🏆 13. / 51 Read more »
NNPC begins additional 2bn litres PMS monthly supply – Daily TrustThe Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru has said that to sustain the present seamless supply of petrol across the country, the NNPC was adding 2 billion litres of Premium Motor Spirit (PMS), otherwise called petrol to its stock every month with effect from April. The GMD said …
Source: Daily Trust - 🏆 13. / 51 Read more »