• info@ocmlng.com
  • 0201-2914775

NNPC Remits N7.9tn to Federation as Revenue Hits N3.087tn in One Month

Home > market news
Financial News

NNPC Remits N7.9tn to Federation as Revenue Hits N3.087tn in One Month

02 Sep, 2026

The Nigerian National Petroleum Company Limited (NNPC) remitted a cumulative N7.913 trillion to the federation between January and July 2026, as the national oil company recorded revenue of N3.087 trillion in July, its latest monthly report released yesterday has shown. The NNPC’s Monthly Report Summary for July 2026 also indicated that the company posted a Profit After Tax (PAT) of N279 billion during the month, while its OB3 facility has reached 100 per cent completion................….......READ MORE