NNPC Ltd posts N5.4trn profit, unveils $60bn investment plan to drive energy transition

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The Nigerian National Petroleum Company Limited, NNPC Ltd, has announced a Profit After Tax, PAT, of N5.4 trillion for the 2024 financial year, reflecting a strong performance. 


The company posted revenue of N45.1 trillion for the period, representing 88 per cent year-on-year increase.


Chief Corporate Communications Officer, Andy Odeh, disclosed this in a statement on Monday, noting that the results, presented during an earnings call with analysts, highlight the company’s strengthened financial resilience and ongoing corporate transformation.

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