KEY POINTS
- NNPC remitted N14.706 trillion to the federal government and posted N5.76 trillion profit in 2025.
- Total annual revenue reached N60.5 trillion, despite slight dips in December gas output due to maintenance and outages.
- Major gas infrastructure projects are progressing, positioning the company for stronger revenue and energy supply growth.
The Nigerian National Petroleum Company Limited, NNPC, reported that it remitted N14.706 trillion in statutory payments to the Federal Government of Nigeria between January and December 2025. The disclosure was contained in its Monthly Report Summary for December 2025.
According to the report, the NNPC generated N60.5 trillion in total revenue during the year and recorded a profit after tax of N5.76 trillion, reflecting a significant boost in earnings and government contributions
Natural gas production in December 2025 stood at 6,914 million standard cubic feet per day, compared with 6,968 mmscf/d recorded in November. The company explained that output was affected by planned maintenance at key facilities as well as unexpected outages at some production sites.
Progress on major gas projects
The report also highlighted progress on strategic gas infrastructure projects aimed at strengthening domestic supply. Welding work on the AjaokutaโKadunaโKano pipeline has been completed, while installation of pressure and valve stations is ongoing. Early works on the OB3 River Niger Crossing have also been completed, with pilot hole drilling already underway.
NNPC said both projects remain on schedule and are expected to improve gas transmission capacity nationwide.
The figures underscore the companyโs expanding role in supporting national revenue and energy development. With maintenance cycles nearing completion and infrastructure projects advancing, NNPC is expected to increase its contributions to government income and strengthen energy supply in 2026 and beyond.
For context, the company recorded a profit after tax of N5.4 trillion on revenue of N45.1 trillion in 2024. In addition, President Bola Tinubu previously approved the cancellation of about $1.42 billion and N5.57 trillion in debts owed by the firm to the federation account, easing its financial obligations.