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From Adanna Nnamani, Abuja
The Nigerian National Petroleum Company Ltd (NNPCL) has demonstrated remarkable profitability, achieving a Profit After Tax of N3.3tn for the 2023 financial year.
Chief Pius Akinyelure, Chairman of the NNPC Ltd Board, disclosed this news during a media briefing on the company’s Audited Financial Statements on Monday.
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This figure reflects a significant increase of N749bn from the N2.54tn reported in the previous financial year, 2022.
Additionally, the company has announced a dividend of N2.1tn for its shareholders.
More details to follow….
