The Nigerian National Petroleum Company Limited (NNPCL) has announced a remarkable financial performance for April 2025, generating ₦5.89 trillion in revenue and a profit after tax (PAT) of ₦748 billion.
According to its official monthly summary, oil and condensate production averaged 1.61 million barrels per day in April, compared to January’s 1.67 mbpd and March’s 1.56 mbpd. Natural gas output also rose to 7.47 million standard cubic feet per day, up from earlier months in the quarter.
The firm recorded ₦4.225 trillion in statutory transfers to the government during the first quarter (January to March) of 2025 .Retail fuel availability at NNPCL stations stood at 54%, and upstream pipeline uptime was an impressive 97%.
On the infrastructure front, the Ajaokuta–Kaduna–Kano (AKK) gas pipeline has reached around 70% completion, while the Obiafu–Obrikom–Oben (OB3) gas pipeline is nearly done at 95%.
Maintenance operations during April targeted various oil leases including OMLs 18, 58, 118, and 133 and review processes continue at the Port Harcourt, Warri, and Kaduna refineries .
NNPCL has confirmed that all financial figures are provisional and unaudited, and they reflect only its own operations, excluding independent upstream activities overseen by the NUPRC.
Looking ahead, the company is preparing to finalize key projects in Q4 2025, including the Ntokon Development Project (OML 102), expansion at OML 29, gas developments at OMLs 30 and 42, and the Brass Fertilizer project
