By THE Nigerian National Petroleum Company Limited has announced that it has remitted N6.96 trillion to the Federation Account within the first five months of 2025.
The NNPC Monthly Report Summary for June, released on Monday, revealed that it posted a profit after tax of N905 billion for June 2025, marking a decline from the N1.054 trillion reported in May.
Despite the drop in monthly profit, it confirmed a total statutory remittance of N6.961 trillion to the Federation Account from January to May 2025, up from N5.583 trillion recorded between January and April of the same year.
Credit: Peoples Gazette
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