TotalEnergies Marketing Nigeria Plc has said that it raked in N635,951,600 revenues as of 31st of December, 2023 as the company declared payment of N7.129 billion dividends to shareholders.
Chairman of TotalEnergies, Mr. Jean-Philippe Torres, who declared this at the 44th Annual General Meeting of the company in Lagos, maintained that TotalEnergies Marketing increased her turnover by 32% from #482.47 billion in 2022 to #635.95 for the year ended 31st December, 2023.
The Board, he added, “proposes for approval by shareholders that the sum of #8.49 billion representing #25.00 (Twenty-five Naira only) per share be distributed as full and final dividend for the year 2023 subject to the deduction of appropriate withholding taxes at the time of payment.
“In line with our Corporate reputation for early disbursement of shareholders’ dividends, we are delighted to confirm to you that if approved at this meeting, your dividends will be paid on the 17th of June, 2024.”
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TotalEnergies Marketing Nigeia Plc was incorporated in 1956 and was listed on the Nigerian Exchange in 1979. TotalEnergies first petrol station was commissioned at Herbert Macaulay Street, Yaba, Lagos in 1956.
Today, TotalEnergies have over 500 service stations, 2 lubricants blending plants, 2 petroleum product depots, 1 bitumen depot, holdings in 5 aviation depots and have other facilities spread across the country.
TotalEnergies S.E. which holds 62% of TotalEnergies Marketing Nigeria Plc is a publicly-traded oil company that produces and markets fuels, natural gas and electricity. Active in more than 130 countries with over 100,000 employees.
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