NNPC Limited Reports ₦5.4 Trillion Profit After Tax, Signals Strategic Growth Plans

Published on 24 November 2025 at 16:40

Reported by: Oahimire Omone Precious | Edited by: Henry Owen

Abuja, Nigeria – November 24, 2025: NNPC Limited has released its financial results for the full year ended 2024, reporting a Profit After Tax (PAT) of ₦5.4 trillion on a total revenue of ₦45.1 trillion. The results, shared during an earnings call with analysts, underscore a year of strong operational performance and financial resilience.

The company’s performance reflects its continued focus on optimizing operations, strategic investments in infrastructure, and disciplined financial management. This marks one of NNPC Limited’s most profitable years in recent history, demonstrating its ability to generate substantial value for stakeholders amid a dynamic energy market.

Speaking during the earnings briefing, Ojulari, a key executive of NNPC Limited, emphasized the company’s commitment to sustaining growth over the next decade. He highlighted ongoing and planned strategic investments aimed at boosting efficiency, expanding production capacity, and strengthening the company’s position in the global energy sector.

The financial disclosure also reinforces NNPC Limited’s role as a central player in Nigeria’s economy, contributing significantly to national revenue and supporting initiatives that drive energy security and infrastructure development.

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