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NNPC Shatters Records with ₦5.7tn Profit in 2025 as Oil Production Hits 1.6m Barrels Daily

NNPC Shatters Records with ₦5.7tn Profit in 2025 as Oil Production Hits 1.6m Barrels Daily

The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially cemented its status as a commercial powerhouse, declaring a staggering ₦60.5 trillion in revenue for the 2025 fiscal year. In a detailed financial report released on Thursday, February 12, the company revealed it pocketed a clean ₦5.76 trillion in profit after tax—the highest in its history as a limited liability entity.

This financial windfall comes as a massive boost to President Bola Ahmed Tinubu’s “Renewed Hope” economic agenda. Beyond the profit margins, the NNPC proved it remains the backbone of the Nigerian economy by remitting ₦14.7 trillion to the Federation Account over the last 12 months, providing much-needed liquidity for infrastructure and social programs.

The “State of Harmony” in the oil sector was driven by a steady recovery in production. Despite lingering security challenges in the Niger Delta, NNPC managed an average daily output of 1.62 million barrels of crude and condensates. Even in December, traditionally a month of maintenance shut-ins at major facilities like Agbami, the company maintained high operational efficiency, ensuring that 65% of its retail outlets remained stocked with petrol to power holiday travels.

“These results are not just numbers; they represent the success of our transition to a fully commercial, profit-driven energy giant,” a spokesperson for the company stated. “With our key gas pipelines like the AKK and OB3 now over 90% complete, we are moving into 2026 with a clear line of sight toward total energy sufficiency for Nigeria.”

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While the 2025 figures are still undergoing final reconciliation with stakeholders, the provisional data suggests that the NNPC has finally found its rhythm. By focusing on “value over volume,” the company has managed to grow its profit by nearly ₦360 billion in just one year, signaling a new era of transparency and fiscal discipline in Nigeria’s oil and gas industry.

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