BREAKING: NNPC Limited declares highest profit since inception

The Nigerian National Petroleum Company Limited (NNPC Limited) has declared N3.3 trillion profit for the 2023 financial year.

Chief Financial Officer of NNPC Limited, Alhaji Umar Ajiya, who addressed newsmen on Monday on the development, said this was the highest profit declared by the company since inception.

Meanwhile, NNPC Limited has declared N2.101 trillion as dividend for 2023 financial year.

The profit declared by the national oil company for 2023 is over N1 trillion higher than the N2.548 trillion profit it recorded in the 2022 financial year.

Details shortly…