Tinubu Receives NNPC’s 2025 Audited Results as Profit After Tax Hits ₦7.2trn
President Bola Ahmed Tinubu has received the 2025 Audited Financial Statement of the Nigerian National Petroleum Company (NNPC) Limited, showing a profit after tax of ₦7.2 trillion, a 33 per cent increase from the ₦5.4 trillion recorded in 2024.
The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, presented the financial statement to the President at the Presidential Villa in Abuja on Monday.
Ojulari was accompanied by the company’s Group Chief Finance Officer, Dapo Segun, during the presentation.
The audited results also showed that NNPC Limited generated a total revenue of ₦34.5 trillion and declared ₦5.8 trillion in dividends.
The company had announced the audited financial results for the year ended December 31, 2025, on September 29, 2026, following its Annual General Meeting and second earnings call with financial and business analysts.
According to the company, the results reflect growth in earnings and improved operational performance, providing a foundation for future expansion.
The increase in profit after tax from ₦5.4 trillion in 2024 to ₦7.2 trillion in 2025 represents a ₦1.8 trillion rise in annual profit.
The presentation of the audited financial statement to President Tinubu provides an update on the state-owned energy company’s financial performance as it continues to pursue growth and operational improvements in Nigeria’s petroleum industry.
