The Nigerian Nationwide Petroleum Firm Restricted (NNPC Ltd) has remitted a complete of N12.117 trillion in statutory funds to the Federal Authorities between January and October 2025.
That is in line with the NNPC Ltd Month-to-month Report Abstract for November 2025.
The corporate additionally posted revenue after tax (PAT) of N502 billion in November, up from N447 billion in October, signaling improved market circumstances.
In November alone, the report stated NNPC Ltd generated N4.358 trillion in income, demonstrating sustained earnings momentum regardless of marginal fluctuations in manufacturing output.
What the information is saying
In keeping with the report, hydrocarbon manufacturing averaged 6,968 million commonplace cubic toes per day (mmscf/d) in November, barely decrease than October’s 6,997 mmscf/d.
The marginal decline was largely due to deliberate upkeep actions throughout key property, together with Esso-Erha, Stardeep-Agbami, and Renaissance-Estuary Space.
“November manufacturing efficiency was largely as a result of deliberate upkeep actions throughout key property …nearing completion, with manufacturing restoration anticipated on the finish of December 2025 and continued delays with WAEP first oil,” NNPC Ltd stated.
NNPC Ltd reaffirmed that it’s prioritising the completion of its 2025 Flip Round Upkeep (TAM) schedule and accelerating manufacturing initiatives from Joint Enterprise (JV), Manufacturing Sharing Contract (PSC), and NEPL property to help the 2026 manufacturing plan.
The corporate’s efficiency comes towards the backdrop of Nigeria’s broader efforts to spice up vitality safety and authorities revenues, with strategic upkeep cycles nearing completion and gasoline infrastructure initiatives progressing steadily.
NNPC Ltd is progressing key gasoline initiatives, with early works underway on the OB3 River Niger Crossing and the AKK Fuel Pipeline on monitor for completion in 2026.
What this implies
The NNPC Ltd figures reveal its rising position as a key driver of Nigeria’s fiscal and vitality outcomes.
With main upkeep cycles concluding and strategic gasoline initiatives advancing, the corporate is positioned to extend authorities income contributions, strengthen home vitality provide, and help broader financial development in 2026 and past.
The outcomes additionally sign that sector reforms—starting from operational effectivity measures to infrastructure funding—are translating into tangible monetary and strategic outcomes, reinforcing NNPC Ltd’s centrality to Nigeria’s vitality and financial panorama.
What it is best to know
Earlier this week, the Group Chief Govt Officer of NNPC Restricted, Bayo Ojulari introduced that the corporate has accomplished the principle pipeline line of the Ajaokuta–Kaduna–Kano (AKK) gasoline mission.
The completion of the AKK pipeline predominant line positions NNPC to considerably develop gasoline availability in northern Nigeria, a area lengthy constrained by restricted vitality infrastructure.
Additionally, Nairametrics reported that President Bola Tinubu accredited the cancellation of a considerable portion of money owed owed by the NNPC Ltd to the Federation Account, wiping off about $1.42 billion and N5.57 trillion.