The Nigerian National Petroleum Company Limited (NNPCL) has reported revenue of N4.406 trillion in July 2025, a slight dip compared to N4.571 trillion in June.
This is according to the recently released NNPC Limited Monthly Report Summary- July 2025.
The company also posted a steep 79.6 per cent drop in profit after tax (PAT), sliding to N185 billion in July 2025 from N905 billion in June, its latest monthly financial and operational report shows.
Between January and June, statutory payments to the federation amounted to N7.97 trillion, underlining NNPC’s role as the country’s leading revenue source.
“All production, sales, and financial figures are provisional and subject to reconciliation with relevant stakeholders,” NNPC noted.
The NNPCL report noted further that it aims to “Sustain crude oil and condensate production, improve uptime of production facilities, continue stakeholders’ collaboration and operational efficiency” in the coming months.
On the Ajaokuta- Kaduna- Kano (AKK) Gas Pipeline, the NNPCL stated that additional subcontractors have been deployed to expedite completion of mainline works and fast-track project completion.
On the Obiafu-Obrikom- Oben (OB3) Gas Pipeline, the company stated that it had commenced implementation of a revised execution strategy towards expedited completion of the OB3 River Niger Crossing.
It added that the 113km portion of the OB3 Gas Pipeline has been commissioned and is flowing about 300mmscf/d of gas from two gas producers: AHL 250 mmscf/d and Platform, Chorus, and Xenergi – 50 mmscf/d.