The Nigerian president, Bola Ahmed Tinubu, received the 2025 audited financial report from the National Petroleum Company (NNPC) at the Presidential Villa. The report showed a 33% increase in profit, with the company declaring a dividend of ₦5.8 trillion from a revenue of ₦34.5 trillion. The presentation was led by the company’s Group Chief Executive Officer, Engr. Bashir Bayo Ojulari.
The House of Representatives Committee on Host Communities recently passed a vote of confidence in Tinubu and the management of NNPC Limited. The committee praised the company’s efforts in pipeline security and its contribution to national development. The vote was part of a broader assessment of the administration’s performance in managing energy infrastructure.
Political support for Tinubu continues to grow, with cross-party alliances forming ahead of his potential re-election in 2027. Minister of the Federal Capital Territory, Nyesom Wike, defended the coalition during a media engagement in Abuja. He dismissed claims of internal political instability, describing the alliance as a movement bringing together diverse political figures.
The financial report and political backing highlight Tinubu’s administration’s focus on economic growth and infrastructure management. The NNPC’s performance has been a key area of public and political scrutiny, with recent efforts aimed at improving transparency and security in the energy sector.
The combination of economic results and political alliances suggests a strengthening position for Tinubu as he prepares for future elections. The administration continues to emphasize stability and development as central to its governance strategy.
