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NNPC Limited published audited results on 29 September 2026 for the financial year ended 31 December 2025. It reported profit after tax of ₦7.2 trillion, up from ₦5.4 trillion in 2024, on revenue of ₦34.5 trillion. Revenue fell 24%, which the company linked mainly to lower crude prices and lower white-product volumes after 2024 market deregulation.
The company said crude oil and condensate production averaged 1.77 million barrels per day in 2025, its highest level in five years. Natural gas output averaged 7.2 billion standard cubic feet per day, a three-year high. These are annual averages reported by NNPC, not October 2026 production rates.
NNPC also reported that it completed the 40-inch, 623-kilometre Ajaokuta–Kaduna–Kano mainline and the River Niger crossing, commissioned the ANOH–OB3 custody-transfer metering station, and advanced the 300 MMscf/d ANOH processing plant to start-up readiness. It set production ambitions of 2 million barrels per day in 2027 and 3 million in 2030, alongside 12 Bcf/d of gas by 2030; those remain targets.