The competition in the Oil and Gas Market has taken a new twist, as Oando Marketing, a subsidiary of Oando Plc and a major player in the downstream sector of the Oil and Gas industry, has expanded its frontiers with the rolling out of state-of-earth mega stations in Lagos and other parts of the country.
The new marketing initiative, which will lead to the building of 50 mega stations across the country, will not only help the oil marketing company to consolidate its leadership position in the market, but also guarantee consumers easy access to its products as well as raising the bar in the industry to international standard.
Chief Operating Officer of the company, Mrs. Olaposi Williams, who dropped the hint during an interview with THISDAY, explained that Oando Marketing, a subsidiary of Oando Plc, would build 10 mega stations every year within the next five years across major cities in the country.
Giving the major highlights of what would stand the stations out among the existing ones in the country, she said each of the stations would have the capacity to dispense at least three trucks of premium Motor Spirit per day, adding that they would be one-stop-shops for consumers.
According to her, “the project which has since commenced in Lagos will also be located in good locations in Abuja, Port Harcourt and other major cities in the East, North and West. However, she further stated that Lagos, which is the commercial nerve center of the country, 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.”
Her words:”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 volumes. Before now we had over 1000 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,”
Speaking on why the company is embarking on such a massive project, the COO said it was conceived to satisfy consumers and earn their trust, adding that nothing would be compromised by the company in its bid to achieve the best standards in dispensing fuel to its customers.
She also allayed the fears of some motorists who often complain about being short-changed through under dispensing in some stations, assuring Oando customers that the company doesn’t pay lip service to integrity as monitoring teams of the oil marketing company are on routine checks of the stations to ensure accuracy.
Information from This Day was used in this report.