The shareholders of Total Nigeria Plc, on Thursday, approved the N2.06bn dividend proposed by the company’s board of directors for the 2020 financial year.
The Chairman, Total Nigeria, Mr Stanislas Mittelman, who described 2020 as an unprecedented year while addressing shareholders at the 43rd annual general meeting held in Lagos and virtually, said the company’s turnover dropped from N292bn in 2019 to N205bn. He noted that the Nigerian oil and gas industry had been quite difficult for the downstream sector for the last couple of years.
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