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NNPC Reports ?5.4 Trillion Profit, Unveils Ambitious Energy Roadmap

11/25/2025

Summary

Story summary

Nigerian National Petroleum Company Limited (NNPC Ltd) reported ?5.4 trillion Profit After Tax and ?45.1 trillion revenue for the year ending 2024, up 88%.
Group CEO Bashir Bayo Ojulari emphasized ongoing transformation and operational efficiency.
NNPC Ltd unveiled a roadmap to boost energy security and 2030 transition, targeting 3 million barrels per day of oil and 12 billion cubic feet per day of gas, and plans to mobilize $60 billion in investments.

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Story summary

Nigerian National Petroleum Company Limited (NNPC Ltd) reported ?5.4 trillion Profit After Tax and ?45.1 trillion revenue for the year ending 2024, up 88%.
Group CEO Bashir Bayo Ojulari emphasized ongoing transformation and operational efficiency.
NNPC Ltd unveiled a roadmap to boost energy security and 2030 transition, targeting 3 million barrels per day of oil and 12 billion cubic feet per day of gas, and plans to mobilize $60 billion in investments.