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BREAKING: NNPCL Declares N3.3trn Profit For 2023 Financial Year

Posted by Amarachi on Mon 19th Aug, 2024 - tori.ng

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

Umar Ajiya

For the 2023 financial year, the Nigerian National Petroleum Company Limited (NNPC) has declared a N3.3 trillion profit.

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

Meanwhile, NNPC Ltd. has declared N2.101 trillion as a dividend for the 2023 financial year.

The News Agency of Nigeria (NAN) reports that 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……