Figures of NNPC limited ₦218.29 trillion total liabilities in 2023 is contained in the NNPCL Annual Report, 2023.
The figures which spread over 14 liabilities are listed below.
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NNPCL TOTAL LIABILITIES BY CATEGORY, 2023
1 Trade & other payables: ₦163.73tn
2 Deferred tax liabilities: ₦28.5tn
3 Provision for decommissioning: ₦11.34tn
4 Current tax liabilities: ₦5.22tn
5 Royalties payable: ₦3.57tn
6 Contract liabilities: ₦3.24tn
7 Contract liabilities: ₦648.61bn
8 Other liabilities: ₦600.53bn
9 Alt funding arrangement: ₦577.5bn
10 Employee benefit liabilities: ₦425bn
11 Lease liabilities: ₦400.99bn
12 Employee benefit liabilities: ₦25.7bn
13 Other accruals: ₦13.36bn
14 Lease liabilities: ₦31m
Total Liabilities, 2023: ₦218.29tn
The total Liabilities in 2022 was ₦49.19 trillion.