The Nigerian National Petroleum Company Limited recorded no voluntary resignations among staff under 60 for a second year, according to its 2025 annual financial report.

Every age band below 60 — 30 and under, 31–39, 40–44, 45–49, 50–54 and 55–59 — showed a zero withdrawal-from-service rate in both 2024 and 2025. The only 100 per cent rate in the table was for staff aged 60, which the company treated as retirement at the statutory age, not resignation.

Chief Corporate Communications Officer Andy Odeh said the figure showed staff still saw a career in the company as it moved from a corporation to a limited liability company. He said energy-industry retention was not only about pay, and that staff also weighed job security, development, a safe workplace and purpose. He spoke on an NNPC Spaces session on the 2025 audited accounts.

The same report put group employee-benefit costs at N782.76 billion in 2025, up from N702.39 billion. Company-only costs rose to N270.70 billion from N219.18 billion. Those lines cover salaries, allowances, welfare and other benefits. The report did not give a headcount.

Profit after tax rose 33 per cent to N7.2 trillion even as revenue fell about 24 per cent. Financial Controller Tajudeen Kareem tied the revenue drop to crude averaging about $69 a barrel, against about $79–$80 in 2024, and to about 12 billion fewer litres of product sales after downstream changes. The company declared a dividend of about N5.8 trillion, up 35 per cent from N4.3 trillion. EBITDA rose 22 per cent. Net debt fell 28 per cent.

In June, company officials told Punch that more than 70 per cent of staff eligible for an accelerated and voluntary exit scheme had indicated interest. That scheme covers people due to retire in 2026 and 2027, and some SS1-grade staff with two to five years left. Those exits, if taken, would fall outside the 2024 and 2025 years covered by the zero-resignation table.