NNPC announces N674bn profit

The Nigerian National Petroleum Corporation Limited (NNPC) has declared a profit of N674billion after tax for the year 2021. 

The NNPC announced the results today via Twitter.

According to NNPCL, the Board has approved the audited financial statements for 2021.

The Group Managing Director, Mele Kyari, was quoted as saying; “NNPCL has progressed to a new performance level, from N287billion profit in 2020 to N674billion profit after tax in 2021, climbing higher by 134.8per cent year-on-year profit growth.” 

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