The Nigerian National Petroleum Company (NNPC) Limited has announced a Profit After Tax (PAT) of N5.4 trillion for the full year ended 2024.
The NNPC Limited announced this via its financial results signed by the Chief Corporate Communications Officer, Andy Odeh, on Monday, November 24, 2025.
The national oil company said its profit after tax of N5.4 trillion represents 64% year-on-year growth; revenue of N45.1 trillion, 88% year-on-year growth; and earnings per share of N27.07, representing 64% year-on-year growth.
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The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, said: “The earnings highlight the positive momentum of our ongoing transformation and the unwavering commitment of our workforce.
“They offer a solid foundation for the ambitious growth ahead, in line with President Bola Ahmed Tinubu’s mandate, and reaffirm our commitment to delivering value to Nigerians.
“Our transformation is anchored on transparency, innovation, and disciplined growth.
“We are positioning NNPC Limited as a globally competitive energy company capable of delivering sustainable returns while powering the future of Nigeria and Africa.”
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