Business
NNPC Declares N674b Profit For 2021
The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax (PAT) of N674 billion for the year ended 2021.
This was disclosed by the group chief executive officer (GCEO), NNPC Limited, Mele Kyari in a briefing on Tuesday.
“Today I’m happy to announce that the Board of NNPC has approved 2021 audited fin. statements & NNPC has progressed to a new performance level,from N287Bn profit in 2020 to N674Bn profit after tax in 2021, climbing higher by 134.8% YoY profit growth,” he said.
The 2021 financial year made it the fourth consecutive year that the NNPC will be opening its book for public scrutiny.