NNPC monthly revenue drops 12.8% to N4.34tn despite higher oil output

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NNPC monthly revenue drops 12.8% to N4.34tn despite higher oil output

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By Obas Esiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd.) recorded a 12.8 per cent decline in monthly revenue in May 2026, generating N4.335 trillion compared with N4.971 trillion in April, despite improvements in crude oil and natural gas production. The company’s latest Monthly Report Summary also showed that Profit After Tax (PAT) […]

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NNPC monthly revenue drops 12.8% to N4.34tn despite higher oil output

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