NNPC Revenue Drops to N2.57 Trillion in January 2026

In January 2026, NNPC Ltd experienced a significant revenue decline, reporting earnings of N2.57 trillion compared to N4.82 trillion in December 2025, as disclosed in the company's monthly report. The report highlighted a notable drop in revenue despite improved profit margins.

NNPC Ltd made statutory payments of N726 billion to the federal account in January, a decrease of N1.27 trillion from December 2025. The company noted that its operations remained steady during this period, with production increasing month-on-month following a turnaround in the Agbami Renaissance Estuary area.

However, planned deliveries in January were hindered by bad weather and asset integration challenges. The figures reflect the sensitivity of the oil and gas sector to global crude price fluctuations and domestic operational factors.

NNPC Ltd continues to play a critical role in supporting Nigeria's fiscal stability, having reported a profit tax of N5.4 trillion and total revenue of N45.1 trillion for the full year ending 2024.