Eterna Plc said its future is very optimistic as it embarks on the development of a five-year strategic plan. The company stated that the strategic plan is designed to take the company to higher level of success.
Speaking at the annual general meeting in Lagos, recently, chairman, Eterna, Lamis Dikko, said the company has established a proven strategic framework to sustain profitability in the years ahead.
According to Dikko, as part of the plan, we have reformulated our vision and mission statements in line with our strategic objectives. He stated the company’s strategic plans is achievable and measureable, saying that “we have linked our strategic plans to the company’s performance management system in lien with global best practices.
“The resources needed to achieve these plans have also been articulated and we are confident that we will be able to deliver on our strategic objectives over the next five years.”
He said that the company has successfully acquired the sole licence to distribute and blend Castrol brand of Automotive and Industrial lubricants in Nigeria, saying that in 2017 the company achieved a significant milestone at its lubricant blending plant in Ogun State.
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