The Nigerian National Petroleum Company Limited (NNPCL) has announced a total revenue of ₦4.269 trillion for September 2025, along with a profit after tax (PAT) of ₦216 billion, reflecting the company’s strengthened financial performance and operational efficiency during the period.
According to the company’s latest financial and operational report, NNPCL also remitted ₦10.073 trillion to the Federation Account between January and August 2025, further underlining its crucial role in sustaining government revenue and national economic stability.
The report attributed the strong financial showing to improved crude oil production, enhanced refining operations, and increased gas sales, as well as strategic cost management and investment in value-driven projects.
In a related development, NNPCL confirmed that work on the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline Project has reached 88% completion, marking a major milestone in Nigeria’s gas infrastructure expansion agenda.
The AKK Gas Pipeline, one of the country’s most significant energy projects, is designed to transport natural gas from the southern region to central and northern Nigeria, supporting industrial growth, power generation, and economic diversification.
NNPCL emphasized that the near-completion of the AKK project aligns with the Federal Government’s Decade of Gas initiative, aimed at positioning natural gas as a key driver of national development and cleaner energy transition.
“The AKK Gas Pipeline is central to our commitment to expanding gas utilization across Nigeria,” the company stated. “At 88% completion, we are closer than ever to achieving a major leap in domestic gas infrastructure that will power industries and improve livelihoods.”
The company reaffirmed its dedication to transparency, operational efficiency, and value creation for Nigerians, adding that ongoing reforms and strategic partnerships will further enhance profitability and long-term growth in the coming quarters.
