Pat Stevens/
The Nigerian National Petroleum Company Limited (NNPC Ltd.) grew its cumulative revenue to N4.65 trillion in August 2025, up from N4.41 trillion in July, even as crude oil and natural gas production slowed due to scheduled maintenance.
Figures from the company’s latest monthly report, obtained by Newsmakerslive.org on Friday, showed that profit after tax surged to N539 billion in August from N185 billion in July.
Statutory payments to the government also rose, climbing from N7.96 trillion in the first half of the year to N8.86 trillion by the end of July.
Operational data revealed a dip in output. Crude oil and condensate production fell to an average of 1.65 million barrels per day in August, compared to 1.7 million barrels per day in July.
Natural gas output slipped to 6,949 million standard cubic feet per day from 7,722 mscf/d in the previous month. Crude oil and condensate sales dropped to 22.37 million barrels from 25.49 million barrels, while gas sales declined to 4,201 mscf/d from 4,978 mscf/d.
NNPC attributed the reduced output to turnaround maintenance on upstream facilities in line with Nigeria LNG’s maintenance schedule.
On infrastructure, progress on the Ajaokuta–Kaduna–Kano pipeline advanced slightly from 83 percent in July to 84 per cent in August.
The Obiafu–Obrikom–Oben pipeline continued in service, with 113 kilometres commissioned and about 300 million standard cubic feet per day of gas flowing from producers including AHL (250 mscf/d), alongside Platform, Chorus and Xenergi (50 mscf/d).
In the downstream, the wetness level at NNPC retail stations improved to 76 percent in August, up from 70 percent in July.
The report also highlighted social responsibility efforts. In August, 60,231 members of the National Youth Service Corps were trained in financial literacy, bringing the total number trained to 930,614.
NNPC further sponsored the Code4Privacy Hackathon, organised in collaboration with the Nigeria Data Protection Commission, which engaged 141 young Nigerians.
However, there was no new update on the country’s refineries, which NNPC has said remain under review.
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