News From OANDO

Oando to build 50 mega stations in five years
OANDO Marketing, a subsidiary of Oando Plc, has unveiled plans to build 10 mega stations every year　 within the next five years across major cities in the country.

　 The Chief Operating Officer of the company, Olaposi Williams, said that each station would have the capacity to dispense at least three trucks of Premium Motor Spirit per day.

　 She said that the new stations, which was one-stop shop, would be located in Lagos, Abuja, Port Harcourt and other major cities in the East, North and West.

　 According to her, Lagos would have the largest share with 50 per cent, Federal Capital Territory 30 per cent, while East and North would get 10 per cent each.

　 "We hope to build 10 mega stations every year in the next five years, which will bring the number to 50. We are repositioning our retail outlets across the country especially filling stations that have been driving our volume. Before now we had over 1,000 stations but we have 338 of them that are dispensing over a million liters per month, about three trucks per day. In the last one year, we have upgraded 10 stations in Lagos, Port Harcourt and Abuja" Williams said.

　 She added that the plan of the organisation was to build at least 10 stations in a year, noting that nothing would be compromised by the company in its bid to achieve the best standards in dispensing fuel to its customers.　

　 On the issue of under dispensing to customers, Williams said" "We don’t compromise on this. We have our monitoring team that goes to our outlets daily to check. Any dealer caught in such act loses his or her contract with us. We don’t condone such act. We tell them every day and it is also stated in the agreement we signed with them. Nothing will make us to compromise our stations’ integrity. This is in line with our vision to have a quality station. If such station does not meet our standard we seal it up.

She said that the company would continue to upgrade its mega stations across the country to international standard.　 "We want to ensure that our fillings stations are beautiful and inviting to customers.　 We want a situation whereby customers will see it as a thing of pride to purchase our product."

　 Oando Marketing is a fully owned subsidiary of Oando PLC. As the nation’s leading oil marketing retailer, we sell and distribute our products via our over 500 retail service stations and over 500 industrial customers cutting across the different geographical zones in Nigeria. Oando Marketing also has two operational subsidiaries in Ghana and Togo with over 40 service stations. This leading position is associated with our successes in the petroleum products marketing business.

　 As the nation’s leading oil retailer, with one in every five litres of petroleum products being sold or distributed by Oando Marketing via its over 500 retail service stations and strategically located terminals, we have continuously ensured products supply and availability in Nigeria and West Africa.

　 Oando Marketing offers a wide range of products including Premium Motor Spirit (PMS), Automotive Gas Oil (AGO also known as Diesel), Dual Purpose Kerosene (DPK), Aviation Turbine Kerosene (ATK), Low Pour Fuel Oil (LPFO), Lubricating Oils and Greases, Insecticides, Bitumen, Liquefied Petroleum Gas (LPG, also known as Cooking gas) and Oando insecticide.