NNPC declares N674bn profit

The Nigerian National Petroleum Corporation Limited, on Tuesday announced a profit of N674 billion after tax for the year 2021.

The NNPC made the results known in a post on Twitter. 

The NNPCL said the Board has approved the audited financial statements for 2021.

Statement quoted the Group Managing Director, Mele Kyari, declaring that “NNPCL has progressed to a new performance level, from N287bn profit in 2020 to N674bn profit after tax in 2021, climbing higher by 134.8% year-on-year profit growth.”

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