We don’t plan to divest African business, says Total
http://ift.tt/2sdqweV Total Nigeria Plc has restated its commitment not to withdraw or divest its Africa business, but to continue to strengthen and grow its market share within the continent. Besides, the firm also unfolded plans to consolidate its solar business by developing solar solution hybrid for manufacturing industries with their existing power generation system, which could to either electricity or generators. The Chairman of the company, Stanislas Mittelman, while fielding questions from journalists at the end of its 2016 yearly general meeting, in Lagos, at the weekend, said Total has no intention of withdrawing its business from Nigeria or Africa. He noted that Africa, and France, constitute its core business activities especially the downstream business, adding that Total would continue to invest in the Nigerian and African businesses to grow its market share and boost profitability. “International competitors made strong choices years ago to withdraw from Nige...