{
  "id": 11129893,
  "title": "NNPC deploys N22 trillion in 2025, royalties gulp N11.6 trillion",
  "url": "https://urgent.news/2026/10/01/nnpc-deploys-n22-trillion-in-2025-royalties-gulp-n11-6-trillion",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T07:04:35.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/01/nnpc-deploys-n22-trillion-in-2025-royalties-gulp-n11-6-trillion/"
  },
  "original_language": "en",
  "account": null,
  "summary": "The NNPC Group is set to deploy N22 trillion in 2025, with royalties accounting for N11.56 trillion of that amount, according to the company's 2025 Audited Financial Statements. This significant increase in royalty payments, up from N1.38 trillion in 2024, highlights the company's ongoing focus on extracting and monetizing oil and gas resources. Additionally, the group spent N6.46 trillion on oil and gas properties, reflecting continued investment in core assets, and paid N4 trillion in dividends, marking a substantial 16-fold increase from the previous year. The financial figures also show notable growth in other categories, including interest on contract liabilities and income tax payments, underscoring the broader financial obligations of the NNPC Group in 2025.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nairametrics",
        "title": "Crude oil generated 74% of NNPC’s N34.5 trillion revenue in 2025",
        "url": "https://urgent.news/2026/10/01/crude-oil-generated-74-of-nnpcs-n34-5-trillion-revenue-in-2025",
        "published": "2026-10-01T05:59:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}