NewStats: 3,262,942 , 8,178,594 topics. Date: Wednesday, 04 June 2025 at 07:24 AM 303zz

6z3e3g

NNPCL Declares Over ₦‎3.29 Trillion In Profits - Politics - Nairaland 4g3y5z

NNPCL Declares Over ₦‎3.29 Trillion In Profits (7738 Views)

(4)

(1) Go Down)

yoruboid: 10:50am On Dec 20, 2024
Extract from the NNPC Limited Energy Relations Stakeholders Engagement Meeting

— NNPCL has sured its 2024 profit targets, significantly growing its revenue from 8.82 trillion Naira in 2022 to a record 23.9 trillion Naira in 2023,

— NNPCL achieved a surge in profit to the tune of 3.29 trillion Naira for the first time in its 46-year history.


— This accomplishment is coupled with NNPCL’s strategic intervention in stabilizing the Nigerian economy, most notably through a $3 billion injection of foreign exchange liquidity.

— NNPCL has made substantial strides to ensure energy sufficiency, including the restart of the Port Harcourt refinery, in line with the Petroleum Industry Act of 2021.
https://x.com/mrlurvy/status/1869787425515483141?s=46&t=YoF4K0q-dNG9S6AXfcrqSg

12 Likes 1 Share

Onana70k(m): 10:54am On Dec 20, 2024
At our expense
While we suffer.......
God is on the throne. At times I even. Doubt if God exists. I'm tired.

Pls can someone help me with 2k?
Eight 1 three 1 fifty fifty 75 Opay.

24 Likes 2 Shares

PaZwoD: 11:01am On Dec 20, 2024
We don suffer.

How does this benefit the common man?

14 Likes 1 Share

dynicks(m): 11:01am On Dec 20, 2024
Yet we keep borrowing loans and looking for people to scratch their blokos!

19 Likes 2 Shares

Ibehchizzy: 11:01am On Dec 20, 2024
Lamba
Tomorrow they will come out and say nnpcl is broke to pay it’s debts

12 Likes 2 Shares

INTEGRITYA1(m): 11:01am On Dec 20, 2024
NNPCL achieved a surge in profit to the tune of 3.29 trillion Naira for the first time in its 46-year history.


They have been lavishing the whole country previously. Bunch of thieves

No more business as usual.

14 Likes

Pootle: 11:01am On Dec 20, 2024
so where is the money

7 Likes

mp3ree: 11:02am On Dec 20, 2024
INTEGRITYA1:
Okay

And they cannot build a new refinery

4 Likes

Ejehhhh: 11:02am On Dec 20, 2024
Obedients are in pain right now

8 Likes

Abagworo(m): 11:02am On Dec 20, 2024
Convert it to Dollars and realize the profit dropped. Dollar was below 400 Naira in 2022.

24 Likes 1 Share

writeprof(m): 11:02am On Dec 20, 2024
Onana70k:
At our expense
While we suffer.......

EXACTLY MY THOUGHTS!
AT THE EXPENSE OF NIGERIANS

JUST LIKE OUR BANKS

6 Likes 1 Share

AuwalYusuf812(m): 11:03am On Dec 20, 2024
How does this have effect on poor Nigerians, profit or no profit Fuel is still unavailable

2 Likes 1 Share

QuestLINKsPrpty(f): 11:03am On Dec 20, 2024
Abagworo:
Convert it to Dollars and realize the profit dropped. Dollar was below 400 Naira in 2022.

3 Likes 1 Share

Onana70k(m): 11:03am On Dec 20, 2024
writeprof:


EXACTLY MY THOUGHTS!
AT THE EXPENSE OF NIGERIANS

Prof pls can u assist me with a thousand naira?
Pls
id4sho(m): 11:03am On Dec 20, 2024
Strictly business, no subsidy stories. Pure trading 🔥💯 grin

2 Likes

nicedayontop: 11:04am On Dec 20, 2024
Massive profit at the expense of widespread pain, poverty , hunger and inequalities. Shame to the economic advisers of this government

7 Likes

phemmie06(m): 11:04am On Dec 20, 2024
What is the impact of the profit?
FreeStuffsNG: 11:05am On Dec 20, 2024
yoruboid:

https://x.com/mrlurvy/status/1869787425515483141?s=46&t=YoF4K0q-dNG9S6AXfcrqSg

LEGENDARY!!
This is how to revenge with massive success 🙌

The unpatriotic criminal elements, naysayers, cyberbullies and criminal defamers lule pii! Oju ti awọn elegan.

May God bless Nigeria for ever! Great job to everyone who made this feat possible. President Bola Ahmed Tinubu thank you for your brilliant and patriotic leadership.

Next year, the Federal Government should list NNPCL on the Nigerian Stock Exchange so that every Nigerian can have access to share in this profit.

35 Likes

nairalanda1(m): 11:06am On Dec 20, 2024
Subsidy removal

31 Likes

affable4(m): 11:06am On Dec 20, 2024
Profit at the detriment of the larger populace.

What’s the essence of the profit that will benefit just a few of the nation’s citizenry?

Fuel up, electricity up, just to pay vide money for a few to loot.

Would be fine if these funds are channeled correctly to infrastructure. But 15trillion is for debt servicing alone.

In fact, in short of words.

2 Likes

datola: 11:06am On Dec 20, 2024
Nice.. just that some senior officials will still loot the money and used it to buy properties everywhere.

4 Likes

DeLaRue: 11:06am On Dec 20, 2024
This headline will infuriate many Nigerians grin

But NNPCL belongs to Nigerians na. So, the more profit the company makes, the more money will be available for road construction, education, hospitals etc

So, this is good news smiley

7 Likes

writeprof(m): 11:06am On Dec 20, 2024
Onana70k:


Prof pls can u assist me with a thousand naira?
Pls

Yes
dynicks(m): 11:06am On Dec 20, 2024
Pootle:
so where is the money

Nnpc cash predators staring at you and this your question now....!!

Shebi you won't keep quiet and face your front now.......why u asking for the money;...u want to go rob it?..

2 Likes

NaijaCover(m): 11:06am On Dec 20, 2024
Hmmmmm
Leonardo4(m): 11:07am On Dec 20, 2024
nicedayontop:
Massive profit at the expense of widespread pain, poverty , hunger and inequalities. Shame to the economic advisers of this government
. It's massive but definitely not the highest in 46years. When you convert to dollar you will see the scam in there
kokoA(m): 11:07am On Dec 20, 2024
How much is this when converted to USD?
BlackfireX: 11:07am On Dec 20, 2024
And how much is the expenses and how much remaining?





Crooks
BayLord01(m): 11:07am On Dec 20, 2024
Onana70k:
At our expense
While we suffer.......
God is on the throne. At times I even. Doubt if God exists. I'm tired

No need to doubt, the only existing God is you & I.
Lovenorth: 11:08am On Dec 20, 2024
How is the profit benefit the lives and living standards of Nigerians
Omoawoke(m): 11:08am On Dec 20, 2024
Has this ever happened before? That NNpc declares profit? I am asking please

1 Like

ebubeson: 11:09am On Dec 20, 2024
d

(1) Reply)

See The Most Cursed Person In Nigeria. Pics. ( Not Buhari)

(Go Up)

Sections: How To . 21
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or s on Nairaland.