The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a remarkable financial performance for April 2025, declaring a total revenue of ₦5.89 trillion and a profit of ₦748 billion for the month under review.
According to a corporate statement released by the national oil giant, the robust earnings reflect improved operational efficiency, higher global oil prices, and strategic cost-cutting measures implemented across its subsidiaries.
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, attributed the gains to “enhanced transparency, strengthened governance, and innovative investments” in both upstream and downstream operations. He added that the company is committed to sustaining the momentum to deliver greater value to Nigerians and its shareholders.
This financial disclosure comes amid broader efforts by the Federal Government to reposition NNPC as a fully commercialized entity under the Petroleum Industry Act (PIA), aimed at boosting energy sector profitability and accountability.
The company reiterated its commitment to energy security and the continued supply of petroleum products across the country.
