NNPC Records N13tn Revenue in Four Months, Profit Margin Remains Under 10%
Emmanuel Addeh in Abuja
The Nigerian National Petroleum Company Limited (NNPC) recorded a total revenue of nearly N13 trillion trillion between January and April 2026, although the company continued to grapple with a relatively thin net profit margin of less than 10 per cent during the same period.
This is according to the company’s monthly report summaries for the first four months of the year.
THISDAY analysis of the report showed a high-volume operational model where a significant portion of earnings is directed toward statutory obligations rather than net profitability.
