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The Nigerian National Petroleum Company Limited (NNPCL) generated N29.21 trillion from crude oil sales in 2024, more than double the N14.07 trillion it earned from the same stream in 2023, according to its newly released audited financial statements. The sharp rise reflects higher production volumes, stronger export performance, and expanded geographical markets. Crude oil accounted for the largest share of NNPCL’s total revenue from customer contracts, which rose to N45.08 trillion in 2024 from N23.99 trillion the previous year....................... . . . . . . . READ MORE |