NNPC Declares ₦7.2trn Profit, Pays ₦5.8trn Dividend to Government

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ABUJA, Nigeria — The Nigerian National Petroleum Company (NNPC) Limited has reported a profit after tax of ₦7.2 trillion for the 2025 financial year, representing a 33 per cent increase over the previous year, while declaring ₦5.8 trillion in dividends.

The Group Chief Executive Officer of NNPC Limited, Bashir Ojulari, disclosed the figures on Tuesday after presenting the company’s 2025 Annual Financial Report to President Bola Ahmed Tinubu at the State House in Abuja.

Ojulari said the report showed that the national oil company generated ₦34.5 trillion in revenue during the financial year.

In a post announcing the presentation, the NNPC chief said the report reflected a year of financial performance and operational delivery.

“This evening, I presented the NNPC Limited 2025 Annual Financial Report to President Bola Ahmed Tinubu, GCFR, at the State House,” he said.

According to Ojulari, “The report reflects a year of disciplined delivery: revenue of ₦34.5 trillion, Profit After Tax of ₦7.2 trillion (up 33%), and a ₦5.8 trillion dividend.”

He said the presentation went beyond fulfilling a statutory requirement, describing it as an account of the company’s stewardship of Nigeria’s petroleum resources.

“Presenting this report is more than a statutory obligation. It is an account of stewardship to the President and to the Nigerian people, whose resources we are entrusted to manage,” he stated.

Ojulari also announced that the company’s 2025 Annual Financial Report had been made available to the public.

He thanked Tinubu for his continued support for NNPC Limited and the confidence reposed in its management team.

“I thank Mr President for his continued support of NNPC Limited and for the confidence placed in our team,” he said.

NNPC Limited has continued to publish its financial reports following its transition to a commercially driven entity under the Petroleum Industry Act (PIA).

The company has maintained that the publication of its financial statements is intended to promote transparency, accountability and sound corporate governance.

The latest figures highlight the company’s reported financial performance for 2025 and its dividend contribution to government revenue.