The Nigerian Nationwide Petroleum Corporate Restricted (NNPCL) says it recorded a 65 in line with cent build up in benefit after tax in August.
A factsheet launched by way of the corporate stated it made N431bn from the N279bn it made in July.
The corporate stated it generated a complete income of N3.73 trn and has remitted N9.48trn to the federation account as statutory bills from January to August.
The file additionally stated crude oil & condensate manufacturing greater to one.69 million barrels in line with day from the 1.68m barrels produced in July.
It went additional to state it produced 7.68 Million Usual Cubic Ft in line with Day of herbal fuel manufacturing.
It attributed the rise to sustained dependable crude oil “evacuation, minimizing manufacturing deferments and strengthening asset reliability thru proactive upkeep, sped up answer of integrity constraints and progressed coordination of drilling and shutdown actions, restoring deferred manufacturing, optimizing tank-top and export control, and strengthening asset-level manufacturing assurance and duty.”
It added that the Ajaokuta-Kaduna-Kano Pipeline is 55 p.c finished and has persevered to interact in collaboration with stakeholders to growth building and set up actions geared in opposition to supply of fuel to Abuja in 2026.
For the Obiafu-Obrikom-Oben (OB3) Gasoline Pipeline. It stated it’s one hundred pc finished with vital milestones attained with the a success commissioning and entire operationalization.
“Thus, the OB3 pipeline understanding the venture’s strategic intent of linking the Jap and Western fuel community machine.”
It went directly to record the actions of its Formative years Empowerment Initiative Elementary Monetary Literacy Programme this is subsidized by way of NNPC Basis to incorporate Elementary Monetary Literacy Programme for 2026 Batch B, Flow 2 NYSC Corps Contributors on Sunday, 9 August 2026.
“We delivered nearly around the 36 states and the FCT, the consultation supplied corps individuals with sensible wisdom on monetary self-discipline, budgeting, financial savings and funding readiness. The programme reached 73,217 corps individuals, bringing the cumulative collection of corps individuals skilled below the initiative to one,398,401.”
In the meantime, Nigeria’s day by day reasonable of crude oil and condensate manufacturing greater to one, 717, 030 barrels within the month of September, representing a 2.34% build up when in comparison to the former month.
Knowledge from the Nigerian Upstream Petroleum Regulatory Fee (NUPRC) additionally confirmed that unmarried day manufacturing hit a height of one.84m barrels within the month as Nigeria consolidated its place as Africa’s biggest crude oil manufacturer.
A commentary by way of NUPRC’s Head, Media and Company Communications, Eniola Akinkuotu, stated the bottom unmarried day manufacturing within the month used to be 1.68 million barrels.
In strict crude oil phrases (except for condensate), Nigeria produced a median of one.53mobpd within the month below evaluate. This constitutes 102% of the 1.5mobpd set by way of OPEC.
The crude oil information (except for condensate) presentations that Nigeria has for 5 consecutive months met its assigned OPEC quota, generating 1.53mobpd in Might; 1.55mobpd in June; 1.51mobpd in July; 1.5mobpd in August and 1.53mobpd in September.
The enhanced efficiency used to be basically pushed by way of strong manufacturing operations throughout maximum generating belongings and the absence of any primary pipeline outages throughout the duration below evaluate. This enhanced operational steadiness supported progressed manufacturing uptime and crude evacuation potency.
The sustained enlargement recorded in September displays the ongoing dedication of operators and trade stakeholders in opposition to making improvements to operational potency, keeping up asset integrity, and adorning manufacturing reliability around the Nigerian upstream petroleum sector.
A breakdown of the day by day reasonable crude oil and condensate manufacturing by way of terminals/streams throughout the evaluate month presentations that Forcados Terminal accounted for 320.32kbpd whilst Bonny Terminal adopted with 303.27kbpd.
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