NNPC Group spends N111 billion on training, recruitment in 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd) spent N111.04 billion on training and recruitment in 2025, representing a 22.8% increase from the amount recorded in the previous year. The post NNPC Group spends N111 billion on training, recruitment in 2025 appeared first on Nairametrics .
In 2025, the Nigerian National Petroleum Company Limited (NNPC) spent an estimated N111.04 billion on training and recruitment, marking a significant 22.8% increase compared to the previous year. This information is derived from NNPC's 2025 Annual Financial Report, which revealed that the expenditure on these areas rose by N20.65 billion from the N90.39 billion spent in 2024. The total was reported under the company's general and administrative expenses for the fiscal year ending December 31, 2025.
On a standalone basis, NNPC's training and recruitment costs amounted to N56.75 billion, which is almost double the N29.66 billion reported in 2024. This represents a staggering 91.3% year-on-year increase, coupled with an additional N27.09 billion invested in training and recruitment during the period. For NNPC Ltd independently, short-term employee benefits totaled N270.70 billion, up from N219.18 billion in 2024.
Staff allowances were recorded at N140.02 billion, while salaries and wages stood at N104.45 billion. Additional welfare expenses, incurred by the company, amounted to N26.22 billion.
Beyond these employee-related costs, NNPC also incurred various significant general and administrative expenses throughout the year. These figures reveal contrasting trends within NNPC's administrative cost structure, with greater expenditures on training, recruitment, staff allowances, and insurance observed alongside substantial reductions in consultancy, security, and maintenance expenses.
The increase in training and recruitment expenditure was a direct result of a major recruitment exercise embarked upon by NNPC in July 2024 and carried on into 2025. In February 2025, Nairametrics reported that NNPC had successfully concluded the exercise and was now preparing to issue appointment letters to the selected candidates. The recruitment process attracted a massive response, with a total of 45,689 applicants participating in the Computer-Based Aptitude Test, which commenced in December 2024.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
