The Nigerian National Petroleum Company Limited is poised to make major investment commitments this year, with four key Final Investment Decisions anticipated before the close of 2025.

This development was announced in the “NNPC Monthly Report Summary for April 2025,” shared via the company’s official X (formerly Twitter) handle on Thursday.

By the fourth quarter of 2025, four major projects are expected to reach Final Investment Decision (FID): Ntokon Development Project (OML 102), Crude Oil Production Expansion Project (OML 29), Gas Development Projects (OMLs 30 and 42), and the Brass Fertilizer Project.

These projects form a critical part of NNPC’s strategic agenda to boost production efficiency, increase revenue streams, and diversify Nigeria’s energy portfolio. In particular, the Brass Fertilizer Project is positioned to help meet growing domestic demand, cut fertilizer imports, and support agricultural productivity.

According to the report, crude oil and condensate production in April 2025 was 1.61 million barrels per day (mmbopd), reflecting a continued decline from 1.67 mmbopd recorded in January. In contrast, natural gas production rose to 7,354 million standard cubic feet per day (mmscf/d), up from 7,120 mmscf/d in February.

NNPC Ltd recorded ₦5.89 trillion in revenue for the month, with a profit after tax of ₦748 billion. Statutory payments for Q1 2025 amounted to ₦4.225 trillion.

The report also highlighted progress on key infrastructure projects.

NNPCL confirmed the completion of critical technical interventions on the Ajaokuta–Kaduna–Kano and Obiafu–Obrikom–Oben gas pipelines, notably resolving challenges associated with River Niger crossings. The OB3 pipeline is now 95% complete, while the AKK project has reached 70% completion.