NNPC announces a ₦3.3 trillion profit for 2023, with a declared dividend of ₦2.1 trillion.

NNPC Ltd. has declared ₦2.101 trillion as a dividend for the 2023 financial year.

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a ₦3.3 trillion profit for the 2023 financial year.

Alhaji Umar Ajiya, Chief Financial Officer of NNPC Ltd., informed reporters on Monday that the company has posted its highest profit since its inception, announcing a record ₦3.3 trillion for the 2023 financial year.

Additionally, NNPC Ltd. has declared a ₦2.101 trillion dividend for the year.

According to the News Agency of Nigeria (NAN), the 2023 profit surpasses the previous year’s figure by over ₦1 trillion, exceeding the ₦2.548 trillion profit recorded in 2022.