The Nigerian National Petroleum Company Limited (NNPC) said it remitted a total of N12.117 trillion in statutory payments to the Federal Government between January and October 2025.
This is according to the NNPC Ltd Monthly Report Summary for November 2025.
The company also posted profit after tax (PAT) of N502 billion in November, up from N447 billion in October.
According to the report, in November, NNPC generated N4.358 trillion in revenue.
The report further showed that hydrocarbon production averaged 6,968 million standard cubic feet per day (mmscf/d) in November, slightly lower than October’s 6,997 mmscf/d.
It said the marginal decline was largely due to planned maintenance activities across key assets, including Esso-Erha, Stardeep-Agbami, and Renaissance-Estuary Area.
“November production performance was largely due to planned maintenance activities across key assets …nearing completion, with production recovery expected at the end of December 2025 and continued delays with WAEP first oil,” NNPC Ltd said.
NNPC reaffirmed that it is prioritising the completion of its 2025 Turn Around Maintenance (TAM) schedule and accelerating production initiatives from Joint Venture (JV), Production Sharing Contract (PSC), and NEPL assets to support the 2026 production plan.
