The Nigerian National Petroleum Company Limited’s Group Chief Executive Officer, Mele Kyari, said that the NNPC’s corporate profit after tax increased from N287 billion in 2020 to N674 billion in 2021.
At a press conference in Abuja, Kyari, said the oil company’s group audited financial statement for the year ending December 31, 2021, includes information on the 2021 earnings.
We firmly think that NNPC has the capacity to continually provide higher value to its respected shareholders; notwithstanding our difficult operating environment.
He said the Board of NNPC Limited has accepted the audited financial accounts for 2021; and NNPC has advanced to a new performance level, increasing its profit by 134. 8% year over year, from N287 billion in 2020 to N674 billion in 2021.”