NNPC Revenue Hits ₦60.5trn as Gas Production Surges
The Nigerian National Petroleum Company (NNPC) Limited has reported ₦60.5 trillion in revenue and ₦3.76 trillion profit after tax for the 2025 financial year, reflecting strong operational performance despite infrastructure and security challenges.
According to the company’s December 2025 Monthly Report Summary, crude oil and condensate production averaged 1.54 million barrels per day (mbpd) during the year. The company noted that output remained relatively moderate, as pipeline maintenance activities and security concerns in some producing regions temporarily disrupted operations.
Gas Production Emerges as Key Strength
NNPC identified gas production as its strongest growth area in 2025. Output rose significantly, reaching 6,914 million standard cubic feet per day (mmscfd) in December, with production peaking above 7,500 mmscfd mid-year before moderating slightly toward year-end.
Gas sales also remained robust, averaging over 4,700 mmscfd throughout the year, underscoring the company’s strategic shift toward gas as Nigeria’s transition fuel and a major revenue stabiliser.
Financial and Operational Highlights
The report showed that between January and December 2025:
1. Revenue stood at ₦60.5 trillion
2. Profit after tax reached ₦3.76 trillion
3. Statutory payments totaled ₦14.7 trillion
Although profitability recorded marginal losses in the early months of the year, financial performance rebounded strongly between March and June, sustaining growth through the second half of the year.
Operational reliability indicators also improved considerably. Upstream pipeline availability reached 100 percent, while the OB3 pipeline recorded 96 percent availability and the AKK pipeline achieved 91 percent. NNPC Retail Limited (NRL) station availability stood at 65 percent.
The data reflects significant improvements in network stability and product distribution efficiency, particularly in the latter part of the year.
Infrastructure Upgrades and Maintenance
NNPC explained that planned maintenance and upgrade works on critical infrastructure—including the Trans Niger Pipeline, AKK, and OB3 gas pipelines—temporarily affected deliveries during the year.
However, the company reported the successful completion of major engineering milestones, including river crossings and welding operations, aimed at strengthening long-term operational efficiency and reliability.
The performance underscores NNPC’s ongoing transformation drive, with increased emphasis on gas development, infrastructure modernization, and enhanced operational resilience.
