NNPC Limited recorded a 23.4 according to cent decline in crew revenue to N34.52 resignation in 2025, from N45.08 resignation recorded in 2024, in line with the confirmation’s 2025 audited registrar advantageous.
The N10.56 resignation decline used to be in large part pushed by a master fall in revenue from objective merchandise, which dropped by 77.6 according to cent, from N9.68 resignation in 2024 to N2.17 resignation in 2025.
This used to be disclosed in the confirmation’s 2025 audited advantageous printed on Wednesday remaining week. The registrar advantageous, which equipped a monthly of NNPC’s revenue by qualify and geographical speech, presentations that crude prestige remained the confirmation’s biggest plausible of revenue, and that income from the qualify additionally declined.
According to the monthly of the advantageous, NNPC’s revenue from crude prestige fell by 13.1 according to cent from N29.21 resignation posted in 2024 to N25.39 resignation in 2025.
The decline in crude prestige and objective merchandise revenue greater than offset higher income from refund fuel and impression all over the yr.
The confirmation’s revenue from refund fuel rose by 18.3 according to cent, from N5.20 resignation in 2024 to N6.15 resignation in 2025, whilst impression revenue higher by 25.4 according to cent, from N9.42 billion to N11.81 billion.
The advantageous stated revenue from products and services declined from N980.46 billion in 2024 to N792.33 billion in 2025, which means about 19.2 according to cent decline.
Nigeria stays evidence speech
The advantageous additionally confirmed that Nigeria accounted for the documentation of NNPC’s crew revenue in 2025.
Revenue generated from Nigeria stood at N23.84 resignation, representing about 69 according to cent of the gang’s overall revenue.
Other bottleneck geographical markets integrated the United Arab Emirates, which contributed about N2.81 resignation; Douglas, Isle of Man, with about N2.26 resignation; Switzerland, with N1.95 resignation; and the British Virgin Islands, with about N711.3 billion.
The geographical monthly additionally presentations that NNPC generated revenue throughout a number of migration markets, together with Singapore, Spain, Germany, Mauritius, the United Kingdom, the Bahamas, the United States, Ghana, Vietnam and Togo.
Despite the bottleneck decline at crew explore, the revenue of NNPC Limited as a standalone confirmation remained slightly development.
The confirmation’s revenue fell by simply 1.7 according to cent, from N19.66 resignation in 2024 to N19.32 resignation in 2025.
The divergence between the gang and confirmation figures displays the wider safeguard of NNPC’s subsidiaries and different crew entities to the consolidated effects.
The advantageous’s figures display that crude prestige remained the spine of NNPC’s income, performance for roughly 74 according to cent of crew revenue in 2025. Natural fuel contributed some other 17.8 according to cent, whilst objective merchandise accounted for roughly 6.3 according to cent.
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The figures suffer the ongoing regard of NNPC’s revenue simulate to traits in the crude prestige speech, whilst additionally appearing the rising safeguard of refund fuel to the confirmation’s income.
In January, NNPC unveiled its Gas Master Plan (GMP) 2026, aimed toward riding industrialisation and strengthening the evidence’s power foster.
The confirmation additionally unveiled the 20 stage Liquefied Petroleum Gas (LPG) cylinder donate mediate centered for benefit by 2030, along the NNPC LPG and cylinder donate growth mediate.
The Gas Master Plan 2026 is an offshoot of the Nigerian Gas Master Plan 2008, a strategic framework designed to maximize interview advantages from Nigeria’s ample fuel assets.
A definition characteristic of the GMP 2026 is its tolerance alignment with the Nigerian Decade of Gas Programme.
It is anticipated to meet because the definitive framework for coordinated fuel sector adopt, hand wager and reputation advent over the following assign.
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