The Nigerian National Petroleum Company Limited, NNPCL, says it generated N2.571 trillion in revenue in January 2026, with a Profit After Tax of N385 billion.
The company also disclosed that it remitted N726 billion to the Federation Account within the same period, underscoring its continued contribution to public finances.
Details contained in its January 2026 monthly report showed that crude oil and condensate production stood at 1.64 million barrels per day, while natural gas production reached 7,283 million standard cubic feet per day.
NNPCL said fuel availability at its retail stations stood at 54 per cent during the month under review.
The report also pointed to steady progress on major gas infrastructure projects. The Obiafu, Obrikom, Oben pipeline project has reached 96 per cent completion, while the Ajaokuta, Kaduna, Kano pipeline project stands at 92 per cent completion.
On the AKK pipeline, the company said pre commissioning activities are ongoing, with work advancing on major support facilities, including block valve stations and intermediate pigging stations.
For the OB3 project, NNPCL said drilling work at the River Niger crossing is progressing according to plan.
The company added that oil production improved month on month following the completion of turnaround maintenance at Agbami and Renaissance in the Estuary Area. It, however, noted that planned deliveries in January were affected by poor weather conditions, evacuation limitations and asset integrity challenges.
Beyond operations, NNPCL highlighted one of its social impact interventions through the NNPC Foundation. It said a financial literacy programme for 2026 Batch A, Stream 1 members of the National Youth Service Corps was held virtually on January 25, with 79,657 participants drawn from the 36 states and the Federal Capital Territory.
According to the company, the latest training brings the total number of corps members reached under the initiative to 1,231,081.
The latest figures offer a snapshot of NNPCL’s financial performance and operational activities at the start of 2026, as the company continues to pursue infrastructure expansion, production growth and social investment programmes.
