News
Nigeria earns N203bn from NNPC petroleum products sale in July

The Nigerian National Petroleum Company (NNPC) Ltd. says the Petroleum Products Marketing Company (PPMC), its downstream subsidiary made a sum of ₦203.73 billion on the sale of white products in July 2021.
This is contained in the July 2021 figures of the NNPC Monthly Financial and Operations Report (MFOR), the 72nd edition of the Report released on Wednesday.
The report indicated a four per cent increase in Gas Production.
The report also revealed that total revenues generated from sales of white products for the period July 2020 to July 2021 stood at over ₦2.563 trillion where Premium Motor Spirit (PMS) contributed about 99.67 per cent of the total sales.
“Similarly, a total of 1.544 billion litres of petroleum products were sold and distributed by the PPMC, in July with PMS accounting for 99 per cent of total volume.
“Total sale of petroleum products for the period July 2020 to July 2021 stood at 19.535 billion litres and PMS accounted for 99.73 per cent of total volume, the report stated.
The report also indicated a 5.23 per cent increase in the average daily gas supply to power plants in July.
This, it said stood at 759 million standard cubic feet of gas per day (MMSCFD), equivalent to power generation of 3,250MW against the June figure of 721mmscfd to generate 3,181MW.
According to the report, national gas production in July increased by 3.99 per cent at 232.69 Billion Cubic Feet (BCF) compared to the output in the previous month, translating to an average daily production of 7,502.28mmscfd.
“For the period July 2020 to July 2021, a total of 2,891.53BCF of gas was produced representing an average daily production of 7,305.43mmscfd.
“Period-to-date production from Joint Ventures (JVs), Production Sharing Contracts (PSCs) and NPDC contributed about 58.67 per cent, 20.45 per cent and 20.89 per cent respectively to the total national gas production,” the report said.
The report further noted that in the Downstream sector, to ensure sustained increase and effective distribution of petroleum products, especially PMS, nationwide, the NNPC has continued to diligently monitor the daily stock of petrol to achieve success in this regard.
In July, the MFOR noted that 42 pipeline points were vandalised representing a 10.64 per cent decrease from the 47 points recorded in June.
This month, the Port Harcourt area accounted for 40 per cent and Mosimi Area accounted for 60 per cent of the vandalised points.
In the Upstream, the report also stated that NNPC recorded a total export receipt of 191.26 million dollars in July, as against 188.00 million dollars in June.
Receipts from crude oil amounted to 12.95million dollars while gas and miscellaneous receipts stood at 78.69million dollars and 99.61million dollars respectively, according to the report.
Total crude oil and gas export receipts for the period July 2020 to July 2021 stood at 1.73 billion dollars.
Headlines
Tinubu arrives Katsina to receive Buhari’s body for burial

President Bola Tinubu, on Tuesday arrived in Katsina to receive the remains of the former President Muhammadu Buhari, who passed away in London on Sunday at the age of 82.
Headlines
“He Never Turned His Back on the Needy” — Tributes Pour In Ahead of Buhari’s Burial

Just hours before the burial of former President Muhammadu Buhari, heartfelt tributes have continued to pour in from beneficiaries of his many charitable deeds, with many describing him as a man who never turned his back on the needy.
Speaking to the News Agency of Nigeria (NAN) on Tuesday, Aminu Daura, a respected community elder, recalled how Buhari consistently provided foodstuffs during Ramadan for families, friends, widows, and orphans in his hometown.
“He never made noise about it, but many homes had food on their tables during fasting period because of him,” Daura said.
Abdullahi Sani, a physically-challenged man who received a tricycle from the Buhari Foundation in 2021, was overcome with emotion while speaking to NAN.
“I can move around and feed my family today because of Baba Buhari. I pray to Allah to reward him for giving hope to people like me,” he said, in tears.
Hajiya Fatima Yahaya, another resident, remembered Buhari’s acts of kindness during festive seasons.
“Even after he left office, his aides ensured that the usual support still reached us every year. He always remember his people,” she said, referring to his distribution of Sallah rams and food items to indigent families during Eid celebrations.
Other residents of Daura also shared memories of how the late former president quietly paid school fees and medical bills for struggling families, actions rarely publicized.
“Some of us benefited from his silent interventions. He was a true father and a great figure in the society,” said Ali Saidu.
On Monday night, Imams across various mosques in Daura held special Qur’anic recitations, praying for the forgiveness of Buhari’s sins and his eternal peace.
The Chief Imam of Daura Central Mosque, Sheikh Musa Kofar Barau, described Buhari as a humble leader whose legacy of service and compassion would remain alive in the hearts of the people.
Buhari is scheduled to be buried later on Tuesday in his hometown of Daura, Katsina State, in line with Islamic rites. The community is bracing to welcome thousands of mourners from across Nigeria and beyond.
Headlines
King Mohammed VI Mourns Buhari, Praises Legacy of Nigeria’s Former Leader

His Majesty King Mohammed VI of Morocco has extended heartfelt condolences to President Bola Tinubu, the family of the late former President Muhammadu Buhari, and the entire Nigerian people following Buhari’s death.
In a message of sympathy, the Moroccan monarch described the passing of the former Nigerian leader as a “sad occurrence,” expressing deep sorrow over the loss.
King Mohammed VI hailed Buhari as “an illustrious leader who worked untiringly to serve his country’s best interests and lead his people toward further progress and prosperity.”
He added: “Our thoughts and prayers are with you and the bereaved. I share your grief and want you to know how much I appreciated the working sessions I had with the deceased.”
Reflecting on their bilateral engagements, the king noted that his collaboration with Buhari led to the launch of promising development projects, “ushering a new era grounded in friendship and close cooperation between our two sister nations.”
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