President Bola Ahmed Tinubu has received the 2025 Audited Financial Statement of the Nigerian National Petroleum Company Limited, NNPC Ltd, at the Presidential Villa in Abuja.
The report was presented to the President on Thursday by NNPC Ltd’s Group Chief Executive Officer, Bayo Ojulari, alongside the company’s Group Chief Finance Officer, Dapo Segun.
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According to NNPC Ltd, the audited results showed a significant improvement in the company’s financial performance, with profit after tax rising to ₦7.2 trillion in 2025.
The figure represents a 33 per cent increase from the ₦5.4 trillion profit recorded in 2024.
The company also reported ₦34.5 trillion in revenue and ₦5.8 trillion in dividend for the 2025 financial year.
NNPC Ltd had announced the audited results on September 29, 2026, for the year ended December 31, 2025.
The announcement followed the company’s Annual General Meeting and its second earnings call with financial and business analysts.
The oil company said the results reflected its growing earnings strength and improved operational performance.
According to NNPC Ltd, the performance also provides a foundation for future growth as the company continues to strengthen its operations and financial position.
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The presentation of the audited statement to President Tinubu further highlights the company’s latest financial performance and the reported increase in profitability.
David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.
