NNPC Limited posted ₦5.4tn profit and unveiled $60bn Investment Plan to drive Nigeria’s Energy Future.
NaijaOnPoint Nigeria reports that NNPC Limited has released its full-year 2024 financial results, reporting a Profit After Tax of ₦5.4 trillion from a total revenue of ₦45.1 trillion. The figures, presented during the company’s earnings call with analysts, mark one of NNPC’s strongest performances in recent years.
Following the robust outing, the national oil company also announced a comprehensive strategic roadmap designed to sustain growth and accelerate Nigeria’s energy transition up to 2030.
The plan focuses on ramping up oil and gas production while rolling out a $60 billion investment pipeline covering key segments of the energy value chain.
According to NNPC Limited, the initiative will strengthen national energy security, boost economic contributions, and position the company as a leading global energy player.
More Details Later…….