NNPC Ltd Achieves N7.2 Trillion Profit in 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a Profit After Tax (PAT) of N7.2 trillion for the 2025 financial year, marking an increase of N1.8 trillion from the N5.4 trillion reported in the previous year. Engr. Ahmadu Musa Kida, Chairman of the NNPC Ltd Board, announced this in his Independence Day message, calling the year a turning point for the company.

NNPC Ltd generated revenue of N34.5 trillion and remitted N22.3 trillion to the Federal Government, a N6.3 trillion increase from the N16 trillion remitted the prior year. Kida credited the performance to the efforts of the board, management, and staff under the leadership of Group Chief Executive Officer Engr. Bashir Bayo Ojulari.

He noted that crude oil production reached a five-year high of 1.77 million barrels per day, and natural gas supply peaked at 7.2 billion standard cubic feet per day. Kida emphasized the importance of domestic refining and the dual-currency arrangement to enhance local fuel supply and reduce dependence on imports.