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NNPC declares ₦7.2tn profit, pays ₦5.8tn dividend as MD presents 2025 financial report to Tinubu

Ada Okafor by Ada Okafor
October 13, 2026
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NNPC declares ₦7.2tn profit, pays ₦5.8tn dividend as MD presents 2025 financial report to Tinubu
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The Nigerian National Petroleum Company (NNPCL) Limited has announced a Profit After Tax of ₦7.2 trillion for the 2025 financial year, a 33 per cent increase over the previous year, as the company also declared a dividend of ₦5.8 trillion.

The Group Chief Executive Officer of NNPC Limited, Bashir Ojulari, disclosed on Tuesday, October 13, 2026 in a post after presenting the company’s 2025 Annual Financial Report to President Bola Ahmed Tinubu at the State House in Abuja.

Ojulari said the report showed that NNPC generated ₦34.5 trillion in revenue during the 2025 financial year, describing the presentation as part of the company’s responsibility to account for its performance.

“This evening, I presented the NNPC Limited 2025 Annual Financial Report to President Bola Ahmed Tinubu, GCFR, at the State House,” he said.

According to him, “The report reflects a year of disciplined delivery: revenue of ₦34.5 trillion, Profit After Tax of ₦7.2 trillion (up 33%), and a ₦5.8 trillion dividend.”

Ojulari stressed that presenting the report was more than fulfilling a legal requirement.

“Presenting this report is more than a statutory obligation. It is an account of stewardship to the President and to the Nigerian people, whose resources we are entrusted to manage,” he stated.

He also announced that the company’s 2025 Annual Financial Report has been made available to the public.

“The FY2025 Annual Financial Report is now available to the public,” he added.

The NNPC boss thanked President Tinubu for his continued support for the company and its management team.

“I thank Mr President for his continued support of NNPC Limited and for the confidence placed in our team,” Ojulari said.

NNPC Limited has continued to publish its financial reports since becoming a commercially driven company under the Petroleum Industry Act (PIA). 

The company further disclosed that regular publication of its financial statements is aimed at promoting transparency, accountability and stronger corporate governance.

The latest results underline NNPC’s improved financial performance and its growing contribution to government revenue through dividends, taxes and other statutory payments, while reinforcing efforts to operate as a profitable national energy company.

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NNPC declares ₦7.2tn profit, pays ₦5.8tn dividend as MD presents 2025 financial report to Tinubu
Cover

NNPC declares ₦7.2tn profit, pays ₦5.8tn dividend as MD presents 2025 financial report to Tinubu

by Ada Okafor
October 13, 2026
0

The Nigerian National Petroleum Company (NNPCL) Limited has announced a Profit After Tax of ₦7.2 trillion for the 2025 financial year, a...

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Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng