The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of ₦535 billion in June 2026, while its crude oil and condensate production rose to 1.72 million barrels per day, the company’s latest monthly report stated.
The profit figure recorded is ₦73 billion (15.8 per cent) higher than the ₦462 billion posted in May.
According to the company’s Monthly Report Summary published on Friday, NNPC generated ₦4.389 trillion in revenue during the month and made statutory payments of ₦6.286 trillion between January and June.
A review of the report’s graphical representation indicated that crude oil and condensate production decreased from 1.73 million barrels per day in May to 1.72 million barrels per day in June.
The June figure comprised 1.47 million barrels per day of crude oil and 250,000 barrels per day of condensate.
