President Bola Ahmed Tinubu has received the 2025 audited financial statement of the Nigerian National Petroleum Company Limited (NNPC Ltd) at the Presidential Villa in Abuja.
The company’s Group Chief Executive Officer, Bashir Bayo Ojulari, presented the report on Monday, accompanied by Group Chief Finance Officer Dapo Segun.
The audited results showed that NNPC’s profit after tax rose by 33 percent to ₦7.2 trillion in 2025, up from ₦5.4 trillion in 2024. The company also reported ₦34.5 trillion in revenue and declared a ₦5.8 trillion dividend.
However, NNPC’s revenue declined by 24 percent from the previous year, which the company attributed to lower crude oil prices and reduced petroleum product volumes following market deregulation.
NNPC announced the audited results on September 29, 2026, following its annual general meeting and earnings call with financial and business analysts.
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