The Nigerian National Petroleum Company Limited (NNPC) has said there was a mistake in the announcement of its Group Chief Executive Officer, Mallam Mele Kyari, that the company made N687 trillion in 2021 as opposed to N674 billion, which is the actual figure.
![](https://thenigerialawyer.com/wp-content/uploads/2026/09/2026-IDRI-Masterclass.png")
A statement in Abuja by the Chief Corporate Communications Officer, NNPC Ltd., Mr Garba Muhammad, stressed that the GCEO meant to call N674 billion and not N687 trillion.
“On Thursday, 01/06/2023, the Group Chief Executive Officer (GCEO) of NNPC Ltd, Mr. @MKKyari, OFR, appeared on Arise TV’s “The Morning Show”. Among the issues the GCEO discussed was the 2021 profit margin.
“Inadvertently, N687 trillion was mentioned as the company’s Profit after Tax (PAT) figure as against N674 billion contained in the 2021 Annual Financial Statement.
“The accurate Profit after Tax figure for the Year 2021, N674 billion, was communicated to the public via our official Twitter account on 05/10/2022,” he stated.
[A MUST HAVE] Evidence Act Demystified With Recent And Contemporary Cases And Materials
Available now for NGN 40,000 at ASC Publications, 10, Boyle Street, Onikan, Lagos. Beside High Court, TBS. Email publications@ayindesanni.com or WhatsApp +2347056667384. Purchase Link: https://paystack.com/buy/evidence-act-complete-annotation
______________________________________________________________________ “Enhance Legal Practice With Authoritative Reports” — Alexander Payne Offers Comprehensive Law Reports, Spanning Over A Century Of Nigerian Jurisprudence
Interested buyers are encouraged to place their orders and enquiries via:
0704 444 4777, 0704 444 4999, 0818 199 9888
Website: www.alexandernigeria.com
