NNPC posts N7.2trn profit as 2025 revenue falls to N34.5trn

•Remits N22.3trn to govt

•Supplies 278.2m barrels to domestic refineries

By Obas Esiedesa, Abuja

The Nigerian National Petroleum Company Limited (NNPC Limited) on Tuesday reported a profit after tax of N7.2 trillion for the 2025 financial year, representing a 33 percent increase from the N5.4 trillion recorded in 2024.
The company’s revenue, however, declined by 23.4 percent from N45.075 trillion in 2024 to N34.516 trillion in 2025.

NNPC Limited also reported earnings per share of N35.9, while its taxes, royalties and other remittances to the Federal Government increased by 39 percent to N22.3 trillion.
The company attributed the increase in profit despite lower revenu...