Energy experts are questioning the Nigerian National Petroleum Company Limited's spending on pipeline surveillance and security. The company's 2025 audited financial statement shows N11.2 trillion was spent on this. The statement also reports a 33 per cent rise in Profit After Tax to N7.2 trillion, despite a 24 per cent decline in revenue to N34.5 trillion.

The N11.2 trillion expenditure is related to securing oil and gas assets and advance payments to the federation. Further details on this spending are available in the company's audited financial statement.

The company's financial report has raised concerns among energy experts, who are seeking more information on the large expenditure on pipeline security.