TOTAL TO PAY SHAREHOLDERS 700 KOBO DIVIDEND AS REVENUE HITS N290.952 BILLION

LAGOS, Nigeria – Total Nigeria Plc has offered to pay a dividend of N700 Kobo per share to millions of shareholders for the year ended 2016.

Total also recorded net revenue of N290.952 billion in the year 2016 compared to net revenue of N208.027 billion recorded for the year 2015.

Profit Before Tax stood at N20.353 billion by December 2016 as against N6.495 billion by December 2015.

Total paid tax to the tune of N5.555 billion as at December 2016, compared to N2.448 billion for the year ended December 2015.

Besides, Profit After Tax stood at N14.797 billion by December 2016, comapred to N4.047 billion recorded for the year that ended December 2015.