Economics
Will NNPC publish audited 2027 accounts before July 2028?
Will NNPC publish audited 2027 accounts before July 2028?
- Yes50%
- No50%
Recent reports show that NNPC submitted its audited 2025 financial statements in October 2026, alongside ongoing governance reforms ahead of a planned stock market listing. However, publishing the 2025 results in October reflects a timeline beyond the standard six-month window expected by the Petroleum Industry Act.
- YesPoints toward
NNPC continues to produce audited financial statements, recently delivering its 2025 audited results reporting a ₦7.2 trillion profit to President Tinubu.
The Extractive Industries Transparency Initiative recognized NNPC's transparency progress, and governance reforms are advancing as the company moves closer to a stock market listing.
- NoPoints toward
NNPC's audited financial statements for 2025 were only submitted to the president in mid-October 2026, well past the six-month mid-year mark.
NNPC faces ongoing criticism over opacity, non-disclosure of spending, and conflicting import and debt records.
What to watch
- Jun 30, 2028Statutory Petroleum Industry Act deadline to publish 2027 audited financial statements
AI summary of 25 news stories, updated 1 day ago. It can make mistakes — check the sources.
NNPC Limited began publishing audited financial statements only recently, and the timing has slipped each year. The Petroleum Industry Act expects them within six months.