Business

BREAKING: NNPC Profit In 2021 Increases By 134.8%

The Nigerian National Petroleum Company (NNPC) Limited, has stated that its profit in 2021 increased from N287 billion in 2021 to N674 billion, representing 134.8%.

Mele Kyari, the Group Chief Executive Officer (GCEO), NNPC Limited, made this disclosure on Tuesday, October 4, 2022.

“Today I’m happy to announce that the Board of NNPC has approved 2021 audited fin. statements & NNPC has progressed to a new performance level, from N287 billion profit in 2020 to N674 billion profit after tax in 2021, climbing higher by 134.8 percent YoY profit growth,” he said.

More to follow…

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