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The shareholders of Total Nigeria Limited, last Thursday, unanimously voted in support of a formal change of name of the company to TotalEnergies Marketing Nigeria Plc.
The formal name and logo change took place via voting during the Extra Ordinary General Meeting of the company held, in Lagos. The event which complied with the Federal Government’s COVID-19 guidelines held both physically and virtually.
Also, during the meeting, the stakeholders voted on the resolution of the Memorandum and Articles of Association for the name change. This would afford the company to take necessary steps to effect the name change.
Speaking on the name and logo change, Managing Director of TotalEnergies Plc, Mr Imrane Barry, said the company was committed to be at the forefront of the energy landscape in Nigeria.
He said the new name and logo documents the company’s historic journey from inception to the point it is now.
Total has become TotalEnergies, a company that is expanding in the production, transportation, trading and distribution of responsible energies to the end customer, in the belief that this integrated broad-energy strategy will constitute a value-creating competitive advantage for all of its stakeholders in the long term, and thereby ensure the company’s future health,” he stated.
He gave insight into the implication of the name change and the strategic line of the company’s investment from oil through natural gas, electricity, hydrogen, biomass, wind, and solar.
TotalEnergies has been involved in the oil and gas business in Nigeria for over 60 years. Active in the entire value chain of oil and gas business in Nigeria, the company remains very passionate about the environment, guided by a strategy which includes operating as a responsible business that is profitable and resilient.
The meeting which was moderated by the acting chairman of board of directors of the company, Engr Rufai Sirajo had in attendance the Managing Director, Mr. Imrane Barry; Company Secretary, Mrs. Olubunmi Popoola-Mordi; a non executive director, Ms. Tejiro Ibru; representatives of regulatory agencies including Security and Exchange Commission (SEC) and Nigerian Stock Exchange (NSE) where also present.
