The Nigerian National Petroleum Company Limited (NNPC) has earned over ₦801.3 billion from Management Fees and the Frontier Exploration Fund within the first nine months of 2025, representing more than half of its annual projection.
The figures, drawn from the company’s September 2025 report to the Federation Accounts Allocation Committee (FAAC), revealed that both streams — the Management Fee and Frontier Exploration Fund — recorded ₦400.667 billion each between January and September.