Nigeria’s state-owned oil firm, the Nigerian National Petroleum Company (NNPC) Limited, recorded an after-tax profit of $4.26 billion (₦5.76 trillion) for the 2025 financial year, reflecting stronger operational performance across its upstream and gas businesses. The figures were disclosed in the company’s December 2025 Monthly Report Summary, which also showed total annual revenue of ₦60.5 trillion, as reported by Reuters.
According to details published by Polity.org.za, NNPC’s average crude oil and condensate production stood at approximately 1.62 million barrels per day in 2025, although output eased to around 1.54 million bpd in December due to maintenance activities and temporary disruptions. Gas supply remained robust, averaging more than 6.9 billion standard cubic feet per day in December, underscoring the company’s growing emphasis on gas as a transition fuel.
Operational metrics also pointed to improved infrastructure stability. Pipeline networks operated at full availability during the period, while petrol availability at Nigerian Refining Limited retail stations reached about 65 percent in December, the report noted. The company stated that the financial results remain provisional, pending reconciliation with relevant stakeholders.
In addition to profitability, NNPC remitted ₦14.706 trillion to the federal government and other partners in 2025, reinforcing its position as one of Nigeria’s largest revenue contributors, as highlighted by Nairametrics. The performance comes as the company advances key gas infrastructure projects, including the Ajaokuta–Kaduna–Kano and Obiafu–Obrikom pipelines, aimed at strengthening domestic supply and export capacity.
