NNPC Limited Records N5.4 Trillion Profit in 2024, Plans Ambitious Growth in Oil and Gas Sector

NNPC Limited, led by Engr. Bashir Bayo Ojulari, declared a profit of N5.4 trillion for 2024, with a focus on ambitious growth plans in the oil and gas industry.

The company's transformation since July 2022 into a profit-driven entity has led to increased earnings per share and positive momentum. President Bola Ahmed Tinubu's mandate emphasizes delivering value and transparency to Nigeria's energy sector.

NNPC Limited aims to enhance energy security by investing in upstream operations, gas infrastructure, and clean energy projects to sustain growth. Key targets include boosting crude oil and natural gas production and completing major gas infrastructure projects across Nigeria.