NNPC report shows ₦531,000 youth grants, 1.54mbpd crude output, AKK, OB3 progress

The Nigerian National Petroleum Corporation Limited (NNPC Ltd.) has released its December 2025 Monthly Report Summary, detailing strong financial performance, infrastructure milestones, and youth empowerment initiatives.

Under its Youth Empowerment Programme, implemented with the National Youth Service Corps (NYSC), the NNPC Foundation disbursed ₦531,000 to each of 531 beneficiaries, building on earlier starter pack support.

The initiative targets youth entrepreneurship, job creation, and sustainable business development.

Economist Celestine Ukpong described the intervention as a strategic step in harnessing young Nigerians’ potential, adding that well-structured funding can stimulate micro-enterprises with significant long-term impact on employment and local economies.

Crude oil and condensate production averaged 1.54 million barrels per day, down from the 2025 peak of 1.77mbpd due to planned maintenance at Stardeep-Agbami and Renaissance-Estuary facilities and unplanned outages. Natural gas production stood at 6,914 million standard cubic feet daily, with the OB3 pipeline achieving 96% delivery efficiency.

Revenue for January to December 2025 hit ₦60.52 trillion, with profit after tax at ₦5.76 trillion and statutory payments to government totalling ₦14.71 trillion.

Financial analyst Peter Adebayo said the results affirm NNPC’s role as a national revenue engine, noting that profitability and remittances remain strong despite operational challenges.

On infrastructure, the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline has completed mainline welding, with work ongoing on IPS and BVS components.

The Obiafu-Obrikom-Oben (OB3) River Niger Crossing has commenced pilot hole drilling following early works completion.

Upstream pipeline availability held at 100% in December, while NNPC retail stations maintained 65% PMS availability nationwide.

Ukpong noted that NNPC is balancing commercial performance with social responsibility, a dual approach essential for sustainable development.

Adebayo added that maintaining revenue, statutory payments, and operational efficiency while funding youth programmes reflects strategic alignment with both economic and social priorities.

All figures are provisional and subject to reconciliation. Full details are available on NNPC Ltd’s official website.

About The Author

Dele Fashomi

Dele Fashomi, seasoned journalist and communication teacher, is a holder of Master of Arts degree in Communication and Language Arts from the University of Ibadan in 1992/93.

Earlier, he had bagged a Bachelor degree from the same university in 1984, after which he proceeded to the Nigerian Institute of Journalism, Lagos, in 1990, for a postgraduate diploma in Journalism.

He had done many courses in communication, including the EU-BBC Editing Course in 2002.

Mr. Fashomi combines effectively the practice, research and teaching of communication. And to date, he has published two academic works in communication: Issues in Communication Technology and Policy (2010) and Economic and Social Issues in Advertising and PR (2013).

He had his first break in the Nigerian media in Concord Newspapers in 1990 and today, he has over two and half decades experience earned in several newspapers.

He has been part of many start-ups, such as The Republic (1987), The Comet (1999), The Anchor 2001 – 2002; Sun Newspapers (2003); Westerner newsmagazine (2005 – 2010) as Editor; National Life (2011) as Sunday Editor, and Newswatch Newspapers (2012- 2016) as Daily Editor.

Dele Fashomi is now the Publisher/Editor-in-Chief of Newstide247.com newspaper online, which he started in July 2015. He is also into biography writing, with many books in his trail, some of which he wrote alone and one he co- authored with his mentor, Mr Dare Babarinsa, entitled:  Olabiyi Durojaiye – DARE TO BE DiFFERENT. He also guided and collaborated with Pa Olatunji Odusanya in writing his autobiography – AGAINST ALL ODDS. There are many other books in the works under his pen.

See author's posts