The Nigerian National Petroleum Company Limited (NNPCL) has announced a total revenue of ₦4.26 trillion and a profit after tax of ₦216 billion for the month of September 2025, reflecting improved operational performance and stronger global oil market conditions.
According to the company’s monthly financial and operational report released yesterday, NNPCL recorded a total crude oil and condensate production of 1.61 million barrels per day (bpd) during the period under review.
The report highlighted that the company’s revenue growth was driven by improved crude oil output, increased export sales, and stronger refining and trading activities across its subsidiaries.
NNPCL noted that the September performance underscores its strategic focus on efficiency, transparency, and value creation as it continues to consolidate its position as a commercially viable national energy company.
The statement also attributed the profit to the ongoing cost-optimization measures, enhanced crude lifting operations, and the stabilization of key upstream assets. “NNPCL remains committed to delivering long-term value to Nigerians and its shareholders while ensuring energy security and supporting national economic growth,” the report stated.
Industry analysts have described the result as a positive signal for the company, coming amid Nigeria’s renewed efforts to ramp up oil production and attract investments into the energy sector.
They, however, emphasized the need for continued reforms to tackle crude oil theft, pipeline vandalism, and infrastructural challenges that have constrained production capacity in recent years.
The September figures, the company added, reflect the impact of recent reforms in the oil and gas sector, including improved collaboration with security agencies to safeguard national assets and enhance production output.
NNPCL reaffirmed its commitment to transparency and accountability, pledging to sustain regular publication of its monthly performance reports in line with global best practices.
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