Bayo Ojulari, GCEO, NNPCL
The Nigerian National Petroleum Company (NNPC) Limited has released its April 2025 Monthly Report, detailing key operational and financial results while highlighting ongoing strategic initiatives aimed at enhancing Nigeria’s oil and gas sector.
The report, shared on the energy firm’s X handle on Thursday, June 12, 2025, shows a crude oil and condensate production of 1.56 million barrels per day (mmbpd) in April, continuing a downward trend from 1.67 mmbpd in January. Natural gas production stood at 7,473 million standard cubic feet per day (mmscf/d), reflecting an increase from 7,120 mmscf/d recorded in February.
Financially, NNPC Limited generated ?5.89 trillion in revenue during the month, with a profit after tax of ?748 billion. Statutory payments for the first quarter amounted to ?4.225 trillion.
NNPC Limited also reported its efforts to strengthen infrastructure reliability, stating that “technical interventions on the AKK and OB3 projects have been completed to resolve challenges related to River Niger crossings.” OB3 is now 95% complete, while AKK has reached 70% completion.
Upstream pipeline availability remained high at 97%. The company noted that refineries in Port Harcourt, Warri, and Kaduna are currently under review, with further assessments ongoing. It also confirmed the completion of Turnaround Maintenance (TAM) in April for key oil mining leases, including OML 18, OML 58, OML 118, and OML 133.
NNPC Limited emphasised its commitment to upcoming investments, reaffirming that final investment decisions for several projects are scheduled for Q4 2025. These include the Ntokon Development (OML 102), Crude Oil Production Expansion Project (OML 29), Gas Development Projects (OML 30, 42), and Brass Fertiliser (Financial Close).
The company also highlighted social impact initiatives through the NNPC Foundation. 531 National Youth Service Corps (NYSC) members were provided solar power starter packs under the NNPC/NYSC Business Empowerment Initiative. Additionally, 83 ICT trainees and 170 creative industry talents received business starter kits to foster innovation. In healthcare efforts, 2,005 individuals benefited from cataract surgeries, while three hospital wards were rehabilitated at the National Orthopaedic Hospital, Igbobi.
Further initiatives included the commissioning of STEM books and science libraries in Abuja and Lagos schools and the training of 3,860 vulnerable farmers in modern, climate-smart agriculture across the South-East and South-South regions.
NNPC Limited noted that all crude oil and gas figures are provisional, unaudited, and reflective only of NNPC Limited’s data, excluding independent operators’ reports by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). (The Guardian)
