NNPC Subsidiary Recorded N1.8bn Profit In 2017 – MD — Leadership Newspaper

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Managing director, Nigerian National Petroleum Corporation (NNPC) Retail, Adeyemi Adetunji,  said the company made N1.8 billion profit after tax in 2017.

Adetunji disclosed this in Abuja at the 1st Triennial Delegate Conference of the PENGASSAN, Nigerian National Petroleum Corporation (NNPC) Retail branch.

NNPC Retail is a subsidiary of the NNPC.

Adetunji who was the guest speaker at the conference said that the total profit before tax was N3.2 billion in the year under review.

“NNPC Retail returns to the Corporation at the end of every year remains positive in 2017, we made N3.2 billion profit before tax and after tax we had N1.8 billion profit,’’ he said.

He said that the company had plans to expand to other markets in West Africa adding that it would continue to ensure effective marketing strategies.

According to him, the company will continue to target good customer services and world class business model and performance.

“We have adopted a business model called POMP to help…



Source: Leadership Newspaper