Nigeria’s National Oil Company, NNPC Limited, has recorded significant growth across major financial and production metrics in April 2026, according to its Monthly Report Summary.
The report said the company’s revenue for April stood at N4.971trillion, a sharp rise of 79.23% from the March figure, while Profit After Tax (PAT) stood at N481billion, indicating a 74.28% rise month-on-month.
The report also revealed that the company’s cumulative statutory payments from January to April totalled N3.714trillion.
This is even as the report disclosed that crude oil and condensate output climbed to 1.68million barrels per day (mbpd), representing an increase of approximately 7.69% compared with the March 2026 figure.
Gas production, according to the report, also remained broadly stable at 7,730 million standard cubic feet per day (mscf/d), barely unchanged from 7,731 mscf/d recorded in the month of March 2026.
On infrastructure, the period saw the successful completion of the OB3 River Niger Crossing, a significant milestone in the nation’s gas transmission network.
Construction and installation work on the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline mainline also continued to advance, with the company targeting early gas delivery to Abuja before the end of 2026.
The AKK Pipeline, one of the country’s most consequential energy infrastructure projects, is expected to significantly improve natural gas supply to Nigeria’s north-central and northern regions once commissioned.
NNPC Ltd. said the report covers strategic initiatives undertaken during the period.
