The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported an 8.39 per cent decline in revenue, dropping to ₦4.26 trillion in September 2025 from ₦4.65 trillion in August, according to its latest Monthly Report Summary.
The state oil firm attributed the decline to reduced crude oil and natural gas output during the period. Crude production averaged 1.61 million barrels per day (bpd) in September, down from 1.65 million bpd in August, while natural gas output fell to 6.28 million standard cubic feet per day (mscfd) from 6.94 million mscfd.
NNPC explained that the lower output was due to planned maintenance activities at the Nigeria Liquefied Natural Gas (NLNG) facility, as well as phased recovery of previously shut-in assets and delays in the commencement of operations at Oil Mining Leases (OMLs) 71 and 72.
Despite the temporary dip, the company reaffirmed its commitment to completing key infrastructure projects, notably the Ajaokuta-Kaduna-Kano (AKK) gas pipeline and the Obiafu-Obrikom-Oben (OB3) gas pipeline, noting that “substantial progress” had been achieved.
“All production, sales, and financial figures are provisional and subject to reconciliation with relevant stakeholders,” the company stated, adding that it will continue to “sustain industry-wide collaboration and drive production recovery initiatives.”
NNPC said implementation of a revised execution strategy is ongoing for the OB3 River Niger Crossing segment to ensure the project’s timely delivery, while mainline works on the AKK pipeline remain a major focus.
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