NNPCL Reports N7.2 Trillion Profit for 2025 Financial Year
NNPCL, led by GCEO Engr. Bashir Bayo Ojulari, announced a profit of N7.2 trillion for 2025 during the presentation of its Audited Financial Statement. This profit was derived from a total revenue of N34.5 trillion, reflecting an increase of over 30% compared to the previous year, 2024, when the company generated N5.76 trillion.
However, the total revenue for 2025 saw a decline of N10.6 trillion from the N45.1 trillion reported in 2024. NNPCL contributed significantly to the Federal Government, paying N22.3 trillion in taxes, royalties, and remittances.
Additionally, the company maintained an average production of 1.77 million barrels of crude oil per day and 7.2 billion standard cubic feet per day (mmscf/d) of gas.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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