Business Nigerian economy has bright prospects - Mike Adenuga



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Dr. Mike Adenuga, Chairman, Conoil Plc has said Nigerian economy has intrinsic value-adding potential that would create future opportunities for growth and returns on investment.

In his address at the 45th annual general meeting of the oil firm at the weekend in Uyo, Akwa Ibom State, Adenuga assured that in spite of the myriad of problems confronting the downstream sector of the oil industry, Conoil has been positioned to reward shareholders with better returns on their investments in the years ahead.

adenuga.jpe He said the future of the company was bright and secure, while also predicting a brighter future for the nation’s economy.

“Our company’s long term future is assured beyond any doubt, conscious efforts will be directed at achieving better execution, especially in the areas of marketing and customer management. Greater attention would be devoted to cutting costs of operations in the different segments of the company’s business, while maintaining and improving on the quality of its products and services,” Adenuga said.