The Nigeria National Petroleum Company (NNPC), the operational arm of the Nigerian state in the oil and gas sector, recorded a net profit of approximately 5.76 trillion naira in 2025, equivalent to about 4.2 billion US dollars (around 2,300 billion CFA francs). The strong financial performance reinforces the company’s strategic role in the economy of Nigeria at a time when the country is seeking to strengthen public finances and enhance energy security.
According to figures released by the company, NNPC generated more than 60 trillion naira in total revenue during the year, driven by sustained crude oil and natural gas production. Average daily crude and condensate output stood at around 1.6 million barrels per day, despite occasional disruptions linked to maintenance operations and technical constraints.
Natural gas also made a significant contribution to overall performance. Daily gas production approached 7 billion standard cubic feet toward the end of the year, highlighting the company’s efforts to diversify its operations and expand the domestic gas market.
Beyond its operational results, NNPC remains a cornerstone of Nigeria’s public finances. In 2025, the company remitted over 14 trillion naira to the federal government through taxes, dividends, and other statutory payments. These transfers represent a critical revenue stream for the state, particularly amid ongoing fiscal pressures and rising public investment needs.
At the same time, NNPC continued to advance major energy infrastructure projects, including strategic pipeline developments aimed at improving gas transportation and supporting industrial growth. These investments form part of a broader strategy to reduce reliance on imported refined products, increase local value addition, and strengthen national energy independence.
With these solid results, NNPC consolidates its position as a key player in Africa’s energy landscape. However, the company will need to navigate persistent challenges, including oil price volatility, infrastructure modernization, and security concerns, to sustain its growth momentum in the years ahead.
