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NNPC Remits N8.86trn to Federation, Records N539bn Profit

This Day··1 min read
NNPC Remits N8.86trn to Federation, Records N539bn Profit

NNPC announces remittance of N8.86 trillion to the Federation Account from January to July 2025, with a profit of N539 billion in August alone. The company's collaboration with NLNG and NCDMB on the Train 7 Project's Human Capital Development program has yielded significant results, including the graduation of 122 trainees.

NNPC's Monthly Financial Operations Report for August 2025 reflects improved operational efficiency and steady crude oil and gas output. The company's consistent profitability amidst industry challenges underscores its crucial role as a fiscal anchor in Nigeria's economy.

Plus234Feed summary based on reporting from This Day.

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