Audit-Report-on-NNPC
Audit-Report-on-NNPC
Audit-Report-on-NNPC
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Investigative Forensic audit of crude oil revenues and remittances by <strong>NNPC</strong> (January 2012 – July 2013)<br />
6.1.18. Revised PMS Subsidy Computati<strong>on</strong> Using the Data Submitted to the Senate by DPR,<br />
PPPRA & <strong>NNPC</strong><br />
Gross M<strong>on</strong>thly Gross Derived Gross Derived<br />
Gross M<strong>on</strong>thly Value<br />
Gross M<strong>on</strong>thly<br />
Total Volume<br />
Value of PMS M<strong>on</strong>thly Sales M<strong>on</strong>thly Sales<br />
Period<br />
Market Price of PMS Supplied<br />
Subsidy<br />
(Ltrs)<br />
Supplied<br />
Revenue at N97<br />
Revenue<br />
N<br />
$<br />
$<br />
N<br />
$<br />
Jan-12 543,709,297.51 147.54 80,218,869,754.63 517,975,526.28 52,739,801,858.47 340,542,402.39 177,433,123.89<br />
Feb-12 728,854,867.49 157.41 114,729,044,691.60 740,808,708.54 70,698,922,146.53 456,504,953.49 284,303,755.05<br />
Mar-12 948,525,524.43 168.91 160,215,446,331.47 1,034,515,699.18 92,006,975,869.71 594,091,663.13 440,424,036.04<br />
Apr-12 783,272,095.00 167.75 131,393,893,936.25 848,414,114.65 75,977,393,215.00 490,588,191.48 357,825,923.17<br />
May-12 837,618,391.66 151 126,480,377,140.66 816,687,396.79 81,248,983,991.02 524,627,003.24 292,060,393.55<br />
Jun-12 724,014,458.26 139.47 100,978,296,493.52 652,019,735.87 70,229,402,451.22 453,473,251.44 198,546,484.42<br />
Jul-12 666,423,419.00 146.12 97,377,789,984.28 628,771,162.81 64,643,071,643.00 417,402,154.34 211,369,008.47<br />
Aug-12 699,690,635.89 158.82 111,124,866,792.05 717,536,429.21 67,869,991,681.33 438,238,468.92 279,297,960.29<br />
Sep-12 808,654,864.84 163.39 132,126,118,366.21 853,142,108.65 78,439,521,889.48 506,486,226.44 346,655,882.20<br />
Oct-12 922,890,926.86 152.01 140,288,649,791.99 905,847,806.50 89,520,419,905.42 578,035,900.47 327,811,906.03<br />
Nov-12 725,595,734.62 143.19 103,898,053,240.24 670,872,688.32 70,382,786,258.14 454,463,655.05 216,409,033.27<br />
Dec-12 1,016,372,449.89 146.59 148,990,037,429.38 962,032,914.25 98,588,127,639.33 636,586,347.51 325,446,566.73<br />
Jan-13 881,867,770.96 152.58 134,555,384,493.08 868,827,949.20 85,541,173,783.12 552,341,794.94 316,486,154.26<br />
Feb-13 880,067,283.34 161.85 142,438,889,808.58 919,731,967.51 85,366,526,483.98 551,214,092.36 368,517,875.15<br />
Mar-13 908,182,082.54 149.57 135,836,794,085.51 877,102,047.43 88,093,662,006.38 568,823,284.09 308,278,763.34<br />
Apr-13 818,506,058.70 143.52 117,471,989,544.62 758,519,981.56 79,395,087,693.90 512,656,342.05 245,863,639.51<br />
May-13 1,012,101,326.00 148.93 150,732,250,481.18 973,282,433.53 98,173,828,622.00 633,911,206.96 339,371,226.57<br />
Jun-13 562,412,173.55 144.33 81,172,949,008.47 524,136,043.19 54,553,980,834.35 352,256,607.70 171,879,435.49<br />
Vanguardngr<br />
Jul-13 708,316,763.22 150.37 106,509,591,685.39 687,735,466.43 68,706,726,032.34 443,641,286.45 244,094,179.98<br />
15,177,076,123.76 152.28 2,316,539,293,059.10 14,957,960,179.89 1,472,176,384,004.72 9,505,884,832.47 5,452,075,347.42<br />
156
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