By Stella Odueme
President Bola Ahmed Tinubu has received the 2025 Audited Financial Statement of the Nigerian National Petroleum Company Limited (NNPC Ltd), which recorded ₦7.2 trillion in profit after tax.
The Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, presented the financial statement to the President at the Presidential Villa in Abuja on Tuesday.
Ojulari was accompanied by the company's Group Chief Finance Officer, Dapo Segun, during the presentation.
The audited financial report showed that NNPC Ltd's profit after tax increased by 33 per cent to ₦7.2 trillion in 2025, compared with ₦5.4 trillion recorded in the preceding year.
The company also generated ₦34.5 trillion in revenue and declared ₦5.8 trillion in dividends.
NNPC Ltd had announced the audited results for the financial year ended December 31, 2025, on September 29, 2026, following its Annual General Meeting and second earnings call with financial and business analysts.
The company said the results demonstrated its strengthening earnings capacity and improved operational performance, while providing a solid foundation for future growth.
The presentation forms part of the company's engagement with the Federal Government on its financial performance and continued contribution to Nigeria's energy sector.