The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a revenue of ₦5.89 trillion and a Profit After Tax (PAT) of ₦748 billion for April 2025.
The announcement was made in the company’s latest monthly performance report, signalling a renewed focus on transparency and accountability under the leadership of its new CEO, Bayo Ojulari.
According to the report, crude oil and condensate production averaged 1.606 million barrels per day, while natural gas output stood at 7.47 million standard cubic feet per day. Fuel availability at NNPC retail outlets was noted at 54%, and pipeline infrastructure remained highly operational, with 97% availability recorded.
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NNPC also highlighted progress on key pipeline infrastructure projects. The OB3 pipeline is reportedly 95% completed, while the AKK pipeline has reached 70% completion.
In addition to its April performance, NNPC disclosed it had made statutory payments totalling ₦4.225 trillion to the federal government in the first quarter of 2025.
This report comes as part of NNPC’s efforts to improve corporate governance and meet long-term production goals, including increasing Nigeria’s oil output to 2 million barrels per day by 2027 and 3 million barrels by 2030.
The release of these figures reflects NNPC’s strategic shift toward improved transparency and more consistent communication with the public on its operations and financials.
