{"id":431,"date":"2026-10-13T13:01:35","date_gmt":"2026-10-13T13:01:35","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/13\/nnpcls-profit-after-tax-rises-to-n431bn-in-august-report\/"},"modified":"2026-10-13T13:01:35","modified_gmt":"2026-10-13T13:01:35","slug":"nnpcls-profit-after-tax-rises-to-n431bn-in-august-report","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/13\/nnpcls-profit-after-tax-rises-to-n431bn-in-august-report\/","title":{"rendered":"NNPCL\u2019s profit after tax rises to N431bn in August – Report"},"content":{"rendered":"

The Nigerian National Petroleum Company Limited<\/a><\/strong> (NNPC Ltd.) says it recorded a 54.5 per cent increase in Profit After Tax (PAT), rising from N279 billion to N431 billion in August 2026.<\/p>\n

NNPC Ltd. made this known in its monthly operations and financial report for the month of August 2026.<\/p>\n

According to the report, revenue for the period stood at N3.74 trillion as against N3.09 trillion recorded in July.<\/p>\n

It said the company also recorded a 19.89 per cent increase in cumulative statutory payments, from N7.91 trillion for January to July, amounting to N9.49 trillion from January to August.<\/p>\n

The report puts the average crude oil and gas production figures for the period at 1.69 million barrels per day (bpd) and 7,680 million standard cubic feet per day, respectively.<\/p>\n

ALSO READ:\u00a0NNPC posts \u20a6535 billion profit, records 1.72 million barrels daily oil output in June<\/a><\/strong><\/h3>\n

On the state of infrastructure, it said there was 100 per cent availability of upstream pipelines, while the OB3 and Ajaokuta-Kaduna-Kano (AKK) Gas Pipelines stood at 100 per cent and 95 per cent completion, respectively.<\/p>\n

\n\"PT<\/a><\/div>\n
\"Dangote<\/a><\/div>\n

(NAN)<\/p>\n

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The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it recorded a 54.5 per cent increase in Profit After Tax (PAT), rising from N279 billion to N431 billion in August… <\/p>\n","protected":false},"author":1,"featured_media":432,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=431"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media\/432"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}