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NNPC Ltd's 2024 Financial Report Shows Impressive Growth in Revenue and Profit

Business
This Day
1 min read
NNPC Ltd's 2024 Financial Report Shows Impressive Growth in Revenue and Profit

The Nigerian National Petroleum Corporation (NNPC) Ltd's 2024 financial report reveals a substantial increase in revenue to N45.1 trillion and profit to N5.4 trillion, showcasing a remarkable performance driven by operational efficiency and cost discipline. The company's Chairman, Alhaji Ahamdu Musa Kida, highlighted the strategic initiatives that led to these achievements.

NNPC Ltd's Group Chief Executive Officer, Engr Bashir Bayo Ojulari, emphasized the three key factors contributing to the impressive outcomes. The report reflects NNPC's efforts to create value in Nigeria's energy sector amidst evolving global landscapes.

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