Oando opens ultra-modern petrol station in Lagos

LAGOS-OANDO Marketing Limited, a subsidiary of Oando PLC has commissioned a new retail station at KM3, Orile, on the Lagos – Badagry expressway. The quality of the upgraded service station is consistent with the company’s commitment to lead in the area of fuels retailing in Nigeria, especially as they already lead the pack in most other areas of the energy value chain.

With a current fuels distribution capacity of over 2bn litres annually, Oando has retained its leading market share for fuels retailing and is poised to continue to expand leveraging its strong brand affinity, efficient distribution capacity and entrepreneurial heritage.

Oando to raise N30.75bn to fund ConocoPhillips dealOando KM3, Orile Lagos as the station is called boasts of modern, contemporary and eye pleasing design with detailing infused to specifically meet the needs of customers and travelers on the Lagos-Badagry expressway axis. The station upgrade was timely executed to complement the new 10 lane super highway which is billed for completion in less than 24 months, specifically, the station is situated very close to one of the passenger train stations on the new highway.

Equipped to service over 2000 cars per day, the stations arsenal of silent, ultra-fastpremium fuel dispensing units have been specially configured to deliver accurate quantities at all times to ensure consumers receive value for money at every visit to the retail outlet. In addition to liquid fuels, Oando KM3 Orile will also retail Oando’s full basket of petroleum products including car maintenance services via its advanced auto-care center, which was also commissioned for immediate use by customers. All together KM3 Orile will deliver the most premium service to customers in the Ijora, Orile & Iganmu axis.

Speaking at the launch, the CEO of Oando Marketing Limited, Mr. Abayomi Awobokun expressed satisfaction with the quality of station upgrade, its visual contribution to the neighborhood, the environmental considerations in its design and most important the value it would bring to customers and travelers on the Lagos-Badagry super highway when its completed. In his remarks, he acknowledged the hospitality of the host community, led by the Ojora of Ijora, HRM Oba Abdulfatai Oyeyinka Aremu Aromire, ably represented at the station launch by a distinguished bench of high chiefs and nobles. Furthermore, he commented on the positive outcomes from the efforts of the State government as the entire area was already showing signs of increased commercial activities as a result of the huge investments in infrastructure in the area.

Speaking on the downstream Oil & Gas sector, Awobokun noted that “despite industry challenges, Oando Marketing Ltd is still able to compete favorably amongst its peers evidenced not only by its market share and current station footprint but also by its ability to continue upgrading and growing its network right across the country”.

Oando Marketing is also leading in the area of the development of blue collar workers, having so far trained over 1000 auto-mechanics via its Oleum Academy which commenced in 2014 to boost the competencies of mechanics all over Nigeria. In addition to class room and on-the-job training, the company also provides car diagnostic tools to graduating mechanics to boost their ability not only to ply their trade but to do so in a sustainable manner.

Similarly, Oando Marketing Ltd is the leading retailer of LPG in Nigeria, successfully distributing the product in every state of the country. In addition to the sales of LPG, it launched an LPG awareness campaign for teenagers” called “Teens Can Cook” in 2014, to educate and encourage the use of LPG for domestic use in schools, hospitals, restaurants and homes across the country. “The Teens Can Cook” initiative has successfully carried out cooking campaigns involving over 70 schools and at 10 NYSC camps across the country including Rivers & Kogi States. Oando intends to switch 5m homes to LPG for domestic use over a 5 year period from dirty fuels like coal and firewood.

The company recently announced the recapitalization of its downstream business through a joint venture arrangement consisting of renowned international firms with experience and proven track record in raising the standards in technology and the Oil and gas downstream sectors. Oando Marketing boasts of businesses and operations in key West African countries including Ghana and Togo.

Led by energetic and dynamic leadership and guided by international processes in operational standards and service offerings, Oando Marketing is poised to enhance its leadership as Nigeria’s premier downstream company and ultimately revolutionize the way the business is run on the African continent.





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