Plus234Feed

NNPC Reports N60.5 Trillion Revenue, N5.76 Trillion Profit in 2025 Financial Results

Business
NNPC Reports N60.5 Trillion Revenue, N5.76 Trillion Profit in 2025 Financial Results

The Nigerian National Petroleum Corporation (NNPC) has disclosed its financial performance for 2025, reporting a total revenue of N60.5 trillion, with N14.7 trillion remitted to the federation and a profit of N5.76 trillion. The monthly breakdown shows revenue fluctuations throughout the year, with varying profit levels.

The corporation also highlighted improvements in upstream pipeline availability, reaching 100% uptime in the final quarter. NNPC's crude oil, condensate, and gas output, as well as sales volumes, were detailed, showcasing a steady performance.

The corporation's statutory payments to the federation fluctuated monthly, with significant amounts remitted each month. Additionally, NNPC's monthly production figures for crude oil and natural gas products were provided, indicating fluctuations throughout the year.

The report also mentioned significant improvements in upstream pipeline availability during the year.

Plus234Feed summary based on reporting from This Day. Read the original report below.

Read full article

Continue on This Day

Visit
Share