HomeLocal NewsNNPCL declares N674bn profit for 2021

NNPCL declares N674bn profit for 2021

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The Nigerian National Petroleum Company Limited has declared a profit after tax of N674 billion for 2021, a growth of 134.8 percent from N287 billion made in 2020.

Speaking to journalists in Abuja on Tuesday, NNPCL Group CEO, Mele Kyari said the profit was driven by its upstream operations and its businesses in gas and power.

He explained that what would happen to the profit in terms of dividend would be decided by the government.

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