{"id":8115,"date":"2025-07-01T06:50:14","date_gmt":"2025-07-01T06:50:14","guid":{"rendered":"https:\/\/shakamomodu.com\/?p=8115"},"modified":"2025-07-01T06:50:14","modified_gmt":"2025-07-01T06:50:14","slug":"nnpc-reports-n6-trillion-revenue-and-81-akk-pipeline-progress-in-may-2025-operations","status":"publish","type":"post","link":"https:\/\/shakamomodu.com\/index.php\/2025\/07\/01\/nnpc-reports-n6-trillion-revenue-and-81-akk-pipeline-progress-in-may-2025-operations\/","title":{"rendered":"NNPC Reports N6 Trillion Revenue and 81% AKK Pipeline Progress in May 2025 Operations"},"content":{"rendered":"<p data-start=\"506\" data-end=\"766\"><strong data-start=\"506\" data-end=\"766\">The Nigerian National Petroleum Company Limited (NNPC) has announced a revenue of approximately \u20a66 trillion and a profit after tax (PAT) of \u20a61.054 trillion for May 2025, reflecting increased operational efficiency and transparency under the new management.<\/strong><\/p>\n<p data-start=\"768\" data-end=\"1076\">In its second monthly operations summary since President Bola Tinubu appointed a new leadership team led by Bayo Ojulari on April 2, the national oil company reported steady gains across upstream and downstream segments. The May figures surpassed April\u2019s reported \u20a65.89 trillion revenue and \u20a6748 billion PAT.<\/p>\n<p data-start=\"1078\" data-end=\"1257\">According to the NNPC, <strong data-start=\"1101\" data-end=\"1199\">statutory payments to the federal government from January to April 2025 rose to \u20a65.58 trillion<\/strong>, underscoring the company\u2019s improved remittance capacity.<\/p>\n<h3 data-start=\"1259\" data-end=\"1307\"><strong data-start=\"1263\" data-end=\"1307\">Key Infrastructure Milestones and Output<\/strong><\/h3>\n<p data-start=\"1309\" data-end=\"1565\">The highlight of May\u2019s report was the accelerated progress on the <strong data-start=\"1375\" data-end=\"1418\">Ajaokuta-Kaduna-Kano (AKK) gas pipeline<\/strong>, which advanced from 70% to 81% completion, following the successful River Niger crossing. Similarly, the OB3 gas pipeline reached 96% completion.<\/p>\n<p data-start=\"1567\" data-end=\"1583\">NNPC also noted:<\/p>\n<ul data-start=\"1584\" data-end=\"1868\">\n<li data-start=\"1584\" data-end=\"1661\">\n<p data-start=\"1586\" data-end=\"1661\"><strong data-start=\"1586\" data-end=\"1621\">Crude oil and condensate output<\/strong> for May: 1.62 million barrels per day<\/p>\n<\/li>\n<li data-start=\"1662\" data-end=\"1709\">\n<p data-start=\"1664\" data-end=\"1709\"><strong data-start=\"1664\" data-end=\"1690\">Natural gas production<\/strong>: 7,352 mmscf\/day<\/p>\n<\/li>\n<li data-start=\"1710\" data-end=\"1777\">\n<p data-start=\"1712\" data-end=\"1777\"><strong data-start=\"1712\" data-end=\"1746\">Upstream pipeline availability<\/strong> improved to 98%, up from 97%<\/p>\n<\/li>\n<li data-start=\"1778\" data-end=\"1868\">\n<p data-start=\"1780\" data-end=\"1868\"><strong data-start=\"1780\" data-end=\"1820\">Petrol availability at NNPC stations<\/strong> nationwide rose from 54% in April to 62% in May<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1870\" data-end=\"1983\">The company further completed <strong data-start=\"1900\" data-end=\"1933\">Turn Around Maintenance (TAM)<\/strong> for several key infrastructure assets, including:<\/p>\n<ul data-start=\"1984\" data-end=\"2093\">\n<li data-start=\"1984\" data-end=\"2017\">\n<p data-start=\"1986\" data-end=\"2017\">Trans Escravos Pipeline (TEP)<\/p>\n<\/li>\n<li data-start=\"2018\" data-end=\"2050\">\n<p data-start=\"2020\" data-end=\"2050\">OML 40 \u2013 Opuama flow station<\/p>\n<\/li>\n<li data-start=\"2051\" data-end=\"2093\">\n<p data-start=\"2053\" data-end=\"2093\">OML 17 \u2013 Obigbo and Agbada flow stations<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2095\" data-end=\"2257\">However, the <strong data-start=\"2108\" data-end=\"2206\">revamp of Nigeria\u2019s three key refineries\u2014Port Harcourt, Warri, and Kaduna\u2014remains under review<\/strong>, leaving uncertainty over local refining capacity.<\/p>\n<h3 data-start=\"2259\" data-end=\"2291\"><strong data-start=\"2263\" data-end=\"2291\">CSR and Community Impact<\/strong><\/h3>\n<p data-start=\"2293\" data-end=\"2410\">Through the <strong data-start=\"2305\" data-end=\"2324\">NNPC Foundation<\/strong>, the company continued its community outreach in May with notable social investments:<\/p>\n<ul data-start=\"2411\" data-end=\"2750\">\n<li data-start=\"2411\" data-end=\"2474\">\n<p data-start=\"2413\" data-end=\"2474\"><strong data-start=\"2413\" data-end=\"2439\">531 NYSC Corps members<\/strong> received starter packs on May 22<\/p>\n<\/li>\n<li data-start=\"2475\" data-end=\"2554\">\n<p data-start=\"2477\" data-end=\"2554\"><strong data-start=\"2477\" data-end=\"2505\">6,028 cataract surgeries<\/strong> completed across southern and northern Nigeria<\/p>\n<\/li>\n<li data-start=\"2555\" data-end=\"2639\">\n<p data-start=\"2557\" data-end=\"2639\">Plans to deliver <strong data-start=\"2574\" data-end=\"2590\">MRI machines<\/strong> to hospitals in Dala-Kano and Awka are ongoing<\/p>\n<\/li>\n<li data-start=\"2640\" data-end=\"2750\">\n<p data-start=\"2642\" data-end=\"2750\"><strong data-start=\"2642\" data-end=\"2670\">4,931 vulnerable farmers<\/strong> trained in modern agriculture, climate resilience, and market access strategies<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"2752\" data-end=\"2783\"><strong data-start=\"2756\" data-end=\"2783\">A Push for Transparency<\/strong><\/h3>\n<p data-start=\"2785\" data-end=\"3062\">By consistently publishing monthly operational and financial summaries, the NNPC appears committed to reversing its long-standing image of opacity in Nigeria\u2019s oil and gas sector. The move is expected to build <strong data-start=\"2995\" data-end=\"3011\">public trust<\/strong>, attract investment, and improve policy oversight.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Company Limited (NNPC) has announced a revenue of approximately \u20a66 trillion and a profit after tax (PAT) of \u20a61.054 trillion for May 2025, reflecting increased operational efficiency and transparency under the new management. In its second monthly operations summary since President Bola Tinubu appointed a new leadership team led by Bayo [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":8118,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"NNPC posts N6 trillion revenue, N1.05 trillion profit in May 2025; AKK pipeline hits 81% project completion milestone.","_seopress_robots_index":"","footnotes":""},"categories":[37],"tags":[],"class_list":["post-8115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/8115"}],"collection":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/comments?post=8115"}],"version-history":[{"count":1,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/8115\/revisions"}],"predecessor-version":[{"id":8119,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/posts\/8115\/revisions\/8119"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media\/8118"}],"wp:attachment":[{"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/media?parent=8115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/categories?post=8115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shakamomodu.com\/index.php\/wp-json\/wp\/v2\/tags?post=8115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}