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Federal Govt Royalties Drop 19% To N8.97trn Despite Rise In Oil, Gas Production – NUPRC

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Royalties collected for the federal government by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) fell by about 19 per cent to N8.97 trillion in 2025, even though oil and gas production rose during the year.
Data from the commission’s 2025 Annual Report showed that oil and gas royalties, including Project Gazelle and NNPC receivables, fell from N11.08 trillion in 2024 to N8.97 trillion in 2025, a drop of about N2.11 trillion.
These were the largest revenue head, making up about 86.08 per cent of the N10.42 trillion the commission generated in 2025.
Royalty by price, a separate head, also fell, to N213.41 billion from N313.72 billion, a decline of about 32 per cent.
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Source: Leadership News

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