Conoil Producing Limited is one of the most active Nigerian independents.

An indigenous petroleum product marketing company, Conoil, has said it hopes to grow sales and revenue by over 65 per cent with its seven new mega filling stations to be inaugurated in the last quarter of the year.

The company, in a statement on Wednesday, said a new wave of investment had culminated in the construction of seven mega stations in Onitsha (Anambra), Port Harcourt (Rivers), Makurdi (Benue), Jibia (Katsina), Jebba (Kwara) and two in Lagos.

The company’s spokesperson, Mr. Mike Oduniyi, said the new mega stations would increase Conoil retail network across the country, adding that the new outlets were built in accordance with global trends in petroleum product retailing, keeping pace with technological advancement worldwide with special emphasis on delivering convenience to motorists.

He said the stations were designed to serve as one-stop retail outlets equipped to offer motorists a wide range of quality services and convenience besides the regular business of selling petroleum products.

“The new mega stations are anticipated to grow sales and revenue by over 65 per cent and will, in line with the company’s objectives, transform customer’s fuelling experience to an absolute delight,” Oduniyi said

When completed, he said the new stations would complement the company’s plan for massive importation of refined petroleum products.

The expansion project represents the second phase of the company’s comprehensive four-year plan which started two years ago.

The statement said, “Through our expansive distribution network, we aim at delighting many homes and make life more convenient for a variety of our customers.

“We touch the lives of a broad spectrum of the populace in many ways, by providing kerosene for domestic use, automotive fuel and lubricants for vehicles and solvents for industrial consumption and well-stocked convenience stores for everyday needs.”


Information from Punch was used in this report.