Categories: Economy And Business Top Stories

NNPC Limited Posts ₦5.4tn Profit, Unveils $60bn Investment Plan to Drive Nigeria’s Energy Future

the initiative will strengthen national energy security, boost economic contributions, and position the company as a leading global energy player.

NNPC Limited posted ₦5.4tn profit and unveiled $60bn Investment Plan to drive Nigeria’s Energy Future.

NewsOnline Nigeria reports that NNPC Limited has released its full-year 2024 financial results, reporting a Profit After Tax of ₦5.4 trillion from a total revenue of ₦45.1 trillion. The figures, presented during the company’s earnings call with analysts, mark one of NNPC’s strongest performances in recent years.

Following the robust outing, the national oil company also announced a comprehensive strategic roadmap designed to sustain growth and accelerate Nigeria’s energy transition up to 2030.

ALSO: Zenith Bank Tech Fair 5.0 Showcases Innovation, Awards ₦140 Million to Top African Tech Talents

The plan focuses on ramping up oil and gas production while rolling out a $60 billion investment pipeline covering key segments of the energy value chain.

According to NNPC Limited, the initiative will strengthen national energy security, boost economic contributions, and position the company as a leading global energy player.

More Details Later…….

NewsOnline Nigeria

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