According to the NNPC Monthly Report Summary for June, the company remitted a total of ₦6.961 trillion to the Federation Account between January and May 2025, up from ₦5.583 trillion recorded in the first four months of the year.
The report highlights a steady rebound in upstream activities, with daily crude oil and condensate production rising to 1.68 million barrels per day (bpd), the highest since January. NNPC's revenue in June stood at ₦4.571 trillion, down from ₦6.008 trillion in May, due to fluctuations in the global oil market.
Natural gas production also increased to 7.581 billion standard cubic feet per day (scf/d) in June, up from 7.352 billion scf/d in May. Fuel availability improved, with petrol availability at NNPC retail stations increasing to 71% in June from 62% in May.
The report notes progress in critical gas infrastructure projects, including the Ajaokuta-Kaduna-Kano (AKK) pipeline, which is now 83% complete. The OB3 pipeline remains at 96% completion.
NNPC also highlighted its Corporate Social Responsibility activities, including a Financial Literacy Programme conducted in June for over 67,000 NYSC members across Nigeria.
The report emphasizes NNPC Ltd.'s crucial role as a revenue contributor to the Nigerian government amid fiscal pressures and ongoing economic reforms.