Energy security gulps N7.1trn as NNPC plans 226 CNG filling stations, others

By Udeme Akpan, Energy EditorTHE NNPC Limited committed N7.1 trillion into energy security, including petrol subsidy in 2024, up from N4.8 trillion in 2023, indicating an increase of 47.92 per cent.The company released its 2024 consolidated and separate financial statements, reporting a profit after tax (PAT) of N5.4 trillion in its audited financial statement, covering the 12 months of 2024, Monday this week.NNPC Limited said the “energy security expense” occurs when there is a dif