The Nigerian National Petroleum Company Limited (NNPC) has announced a Profit After Tax (PAT) of ₦905 billion for June 2025, reflecting a decline from the ₦1.054 trillion recorded in May.
Despite the dip in monthly profit, the national oil company disclosed that it remitted ₦6.961 trillion to the federation between January and May 2025, a significant rise from the ₦5.583 trillion recorded between January and April this year.
According to NNPC’s June Monthly Report Summary released Monday night, total revenue for June stood at ₦4.571 trillion, down from ₦6.008 trillion reported in May. The revenue drop comes even as key production indicators recorded steady growth.
Crude oil and condensate production rose to 1.68 million barrels per day (bpd) in June, up from 1.629 million bpd in May—an increase of 51,000 bpd. Similarly, natural gas production increased to 7.581 billion standard cubic feet per day (scf/d) from 7.352 billion scf/d the previous month, continuing a rebound from 6.615 billion scf/d in February.
Fuel availability also improved during the period. The report noted that petrol availability at NNPC stations reached 71 per cent in June, up from 62 per cent in May.
Progress was also recorded in critical gas infrastructure projects. The Obiafu-Obrikom-Oben (OB3) gas pipeline project remained at 96 per cent completion, while the Ajaokuta-Kaduna-Kano (AKK) pipeline advanced to 83 per cent completion, up from 81 per cent in May.
NNPC further highlighted the successful completion of the AKK River Niger crossing, calling it a major milestone that “significantly derisked” the pipeline’s mainline. A technical review of the OB3 River Niger crossing is now underway, aimed at replicating the AKK success.
Meanwhile, upstream pipeline availability slightly declined to 97 per cent in June, compared to 98 per cent in May.
On refinery rehabilitation, the report noted that the Port Harcourt, Warri, and Kaduna refineries remain under review, with updates expected in future releases.
As part of its Corporate Social Responsibility (CSR), NNPC reported that its Financial Literacy Programme for NYSC Batch A, Stream 2 corps members was held on June 15, 2025, via online streaming. The session reached 67,544 participants across Nigeria, bringing the total number of corps members trained under the initiative to 870,383.
The company said it remains focused on industry-wide collaboration to drive “production improvement and cost optimisation” amid ongoing challenges in the energy sector.
