NNPC running costs spike as board pay jumps 58% to N4.1bn, staff benefits near N750bn

Hallmarknews | 26-12-2025 10:52pm |

The cost of running the Nigerian National Petroleum Company Limited (NNPC) rose sharply in 2024, with directors’ fees and expenses increasing by 58 per cent to N4.096bn, while spending on employee benefits surged to N749.7bn, according to the company’s audited annual financial report. An analysis of the 2024 Annual Report by Punch shows that payments

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