Statutory Remittances, Operational Expenses Cut NNPC Profit Margin To Below 10%

[mc4wp_form id=33047] The Nigerian National Petroleum Company (NNPC) Limited remitted N3.714tn to the Federal Government as statutory payments in the first four months of 2026, even as the state-owned energy company recorded a profit margin of less than 10 per cent despite generating nearly N13tn in revenue during the period. An analysis of the company’s...
This article Statutory Remittances, Operational Expenses Cut NNPC Profit Margin To Below 10% was originally created by Converseer.