E D I T I O N 1 , 2 0 1 5 A Publication of ExxonMobil Subsidiaries in Nigeria ISSN 1597 - 0442 Esso Constructs Maternity Referral Centers in 3 Communities EM Subsidiaries 2014 ASM Rank 1st in Top Mobil Oil Holds Awards 100 Companies 2015 Stakeholders’ I n s i d e Forum EDITION 1 2015 Mobil Oil Holds 2015 BUSINESS INDUSTRY & GOVERNMENT Three JV Facilities RELATIONS Presented with Kunfoo The Journey Towards Stakeholders' Forum Award Transformation Tunji Oyebanji, Managing Director, 4 10 MON, speaking at the Forum Business Brief: BUSINESS COMMUNITY RELATIONS Investment in Mobil Court was completed in ExxonMobil Foundation Skills Acquisition Training January 2015 on time and within budget Partners Forum in Lagos for Oron Women obil Oil Nigeria (MON) on Thursday April M The building has been restored to world class 22, 2015 held its scheduled Shareholders standard Forum at our Apapa Office Complex, Lagos. A total of 112 shareholders attended. Shareholders will begin to see the benefit of 5 20 A minute silence was observed in this investment in 2015 earnings SHE EMPLOYEE memory of the departed Chairman, Board The term loan obtained from Zenith bank for Audit Committee, Chief Emmanuel Osikoya ExxonMobil Hosts ExxonMobil Staff Run for the completion of the project was completely Malaria Media Parley Breast Cancer Awareness who passed in 2014. paid-off in January 2015 using the funds from There was a good turnout of the sale of the 29 Ikoyi property shareholders which included other members of the Board Audit Committee and a Non- The Company has embarked upon the 8 22 Executive Director, Engr. (Mrs.) Mayen refurbishment of the Mobil House building Adetiba. Tunji Oyebanji, The Chairman of the ExxonMobil News ISSN: 1597 0442 Board and Managing Director, who was Esso Exploration and Production Nigeria Limited joined by Alastair MacNaughton, Director Mobil Oil Nigeria plc Lubes and Henry Obih, Director Operations Mobil Producing Nigeria Unlimited gave detailed stewardship of MON business Edition 1, 2015 for the 2014. Chairman/Managing Director. EEPNL & MPN and Lead Country Manager: Nolan A. O’Neal Financial indicators pointed northwards Chairman/Managing Director, MON: Adetunji A. Oyebanji due to sale of surplus property, business Director, Lubricants & Specialties, MON: A. J. MacNaughton efficiencies, effective controls and safety General Manager, Public & Government Affairs: Paul C. Arinze operations. Editors: Ogechukwu Udeagha, Akin Fatunke Profit After Tax (PAT) for 2014 stood at Editorial Team: Adeyemi Fakayejo, Ozemoya Okordion, Ernest Omo-Ojo, N6.39 billion vs N3.48 billion for 2013 Mfon Abia, Patrick Utomi indicating a 84 percent increase. Cover/Concept/Graphic Designs: Taiwo Ogunbiyi The Management MON was Registered Office: Mobil House, 1, Lekki Expressway, P.M.B. 12054, Victoria Island, Lagos. commended for sound business practices Published by Public & Government Affairs Department for Employees of from its shareholders, who felt a sense of ExxonMobil subsidiaries in Nigeria. partnership with the organization. All correspondence to: A total of 12 long-drawn questions Cross section of stakeholders The Editor, Public & Government Affairs Department, Mobil Producing Nigeria Unlimited, posed by shareholders on the business and Mobil House, 1, Lekki Expressway, P.M.B. 12054, Victoria Island, Lagos. Tel: 01-2801100. environmental issues were satisfactorily www.exxonmobil.com.ng answered by Tunji, Alastair and Henry. performance, corporate social All rights reserved. No part of this publication may be reproduced or transmitted, in any form or by any means, These ranged from need to pay higher / responsibility, service station upgrades and electronic, mechanical, photocopying, recording or otherwise, or stored in any retrieval system of any nature, interim dividends, performance of the without the written permission of the editors. the need for more storage capacity. aviation business, impact of Mobil house Satisfied shareholders expressed full refurbishment project on MON finances, satisfaction to the enlightening answers praise for quality of service at stations, provided to their enquiries and restated availability of annual report at the next their full confidence in the Board, If you have any news, views, feedback or photos shareholders forum, insecticide business Management and Staff of MON. MON Management at the forum that you wish to share, kindly contact the Editor, c/o [email protected] Photos will be published as space permits News 1 Mobil Oil Holds 2015 BUSINESS INDUSTRY & GOVERNMENT Three JV Facilities RELATIONS Presented with Kunfoo The Journey Towards Stakeholders' Forum Award Transformation Tunji Oyebanji, Managing Director, 4 10 MON, speaking at the Forum Business Brief: BUSINESS COMMUNITY RELATIONS Investment in Mobil Court was completed in ExxonMobil Foundation Skills Acquisition Training January 2015 on time and within budget Partners Forum in Lagos for Oron Women obil Oil Nigeria (MON) on Thursday April M The building has been restored to world class 22, 2015 held its scheduled Shareholders standard Forum at our Apapa Office Complex, Lagos. A total of 112 shareholders attended. Shareholders will begin to see the benefit of 5 20 A minute silence was observed in this investment in 2015 earnings SHE EMPLOYEE memory of the departed Chairman, Board The term loan obtained from Zenith bank for Audit Committee, Chief Emmanuel Osikoya ExxonMobil Hosts ExxonMobil Staff Run for the completion of the project was completely Malaria Media Parley Breast Cancer Awareness who passed in 2014. paid-off in January 2015 using the funds from There was a good turnout of the sale of the 29 Ikoyi property shareholders which included other members of the Board Audit Committee and a Non- The Company has embarked upon the 8 22 Executive Director, Engr. (Mrs.) Mayen refurbishment of the Mobil House building Adetiba. Tunji Oyebanji, The Chairman of the ExxonMobil News ISSN: 1597 0442 Board and Managing Director, who was Esso Exploration and Production Nigeria Limited joined by Alastair MacNaughton, Director Mobil Oil Nigeria plc Lubes and Henry Obih, Director Operations Mobil Producing Nigeria Unlimited gave detailed stewardship of MON business Edition 1, 2015 for the 2014. Chairman/Managing Director. EEPNL & MPN and Lead Country Manager: Nolan A. O’Neal Financial indicators pointed northwards Chairman/Managing Director, MON: Adetunji A. Oyebanji due to sale of surplus property, business Director, Lubricants & Specialties, MON: A. J. MacNaughton efficiencies, effective controls and safety General Manager, Public & Government Affairs: Paul C. Arinze operations. Editors: Ogechukwu Udeagha, Akin Fatunke Profit After Tax (PAT) for 2014 stood at Editorial Team: Adeyemi Fakayejo, Ozemoya Okordion, Ernest Omo-Ojo, N6.39 billion vs N3.48 billion for 2013 Mfon Abia, Patrick Utomi indicating a 84 percent increase. Cover/Concept/Graphic Designs: Taiwo Ogunbiyi The Management MON was Registered Office: Mobil House, 1, Lekki Expressway, P.M.B. 12054, Victoria Island, Lagos. commended for sound business practices Published by Public & Government Affairs Department for Employees of from its shareholders, who felt a sense of ExxonMobil subsidiaries in Nigeria. partnership with the organization. All correspondence to: A total of 12 long-drawn questions Cross section of stakeholders The Editor, Public & Government Affairs Department, Mobil Producing Nigeria Unlimited, posed by shareholders on the business and Mobil House, 1, Lekki Expressway, P.M.B. 12054, Victoria Island, Lagos. Tel: 01-2801100. environmental issues were satisfactorily www.exxonmobil.com.ng answered by Tunji, Alastair and Henry. performance, corporate social All rights reserved. No part of this publication may be reproduced or transmitted, in any form or by any means, These ranged from need to pay higher / responsibility, service station upgrades and electronic, mechanical, photocopying, recording or otherwise, or stored in any retrieval system of any nature, interim dividends, performance of the without the written permission of the editors. the need for more storage capacity. aviation business, impact of Mobil house Satisfied shareholders expressed full refurbishment project on MON finances, satisfaction to the enlightening answers praise for quality of service at stations, provided to their enquiries and restated availability of annual report at the next their full confidence in the Board, If you have any news, views, feedback or photos shareholders forum, insecticide business Management and Staff of MON. MON Management at the forum that you wish to share, kindly contact the Editor, c/o [email protected] Photos will be published as space permits News 1 ExxonMobil Subsidiaries Rank 1st in Top 100 Companies ExxonMobil subsidiary companies in Nigeria emerge Nigeria's top private sector contributor Immediate past President Goodluck Jonathan of Nigeria announced ExxonMobil companies in Nigeria as the leading private sector organization in Nigeria for year 2014. President Jonathan recognized the company at the Top 100 Businesses Award, in December 2014 at the Banquet Hall of the Presidential Villa in Abuja. ExxonMobil companies in Nigeria ranked number 1 out of the unveiled 100 top contributing companies at the award ceremony. The award took into account the companies' turnover, the amount of taxes paid and employment generated by the companies, as well as their corporate citizenship contributions. The information was Enyi Onokala, Executive Director/GM, Business