The company also appreciates its workforce “for being part of the success story recorded at the start of (the) 2023 operational year.”
In a statement by the company Monday morning, Seplat’s Board Chairman, Mr. Basil Omiyi, on behalf of the management, thanked the company’s employees for remaining focused on delivering what it called “strong performance.”
According to the statement, the performance consists in what the management describes as “Excellent Start To 2023; a highlight of which shows production averaging 51,720 boepd, 3.8 million person-hours without a lost-time injury, revenues up 37% to US$331 million, profit after tax up 189% to US$57.5million and core annual dividend target raised by 20% to 12 US cents per share.”
The management reassured the company’s staff that the Board “remained united in its determination to implement the strong corporate governance that will enable us to create a sustainable business that maximises returns for all stakeholders while delivering an energy transition that drives social and economic benefits for all Nigerians.”
Also, while appreciating the sacrifice of Nigerian workers in the country’s economy, Seplat encouraged every worker to remain united in achieving a progressive Nigeria in spite of the prevailing challenges.
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