Oando Marketing, a subsidiary of Oando Plc, has said it will open 50 mega stations in Lagos and other parts of the country in the next five years.
The Chief Operating Officer of the company, Mrs. Olaposi Williams, in a statement on Wednesday, said this would guarantee consumers easy access to petroleum products as well as raising the bar in the industry to international standard.
She specifically said the company would build 10 mega stations every year within the next five years across major cities in the country.
Each of the stations, according to her, will have the capacity to dispense at least three trucks of Premium Motor Spirit per day. She added that they would be one stop shops for consumers.
She said, “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. Lagos, which is the commercial nerve center of the country, will have the largest share with 50 per cent, Federal Capital Territory 30 per cent, while East and North will get 10 per cent each.”
William explained that the new investment in the mega stations would expand the company’s frontiers in the nation’s downstream oil subsector.
She said,”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 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,”
Speaking on why the company is embarking on such a massive project, Williams said it was conceived to satisfy the consumers and earn their trusts. She added that nothing would be compromised by the company in its bid to achieve the best standards in dispensing fuel to its customers.
She also promised motorists that they would not be short-changed in the stations.Oando plans 50 mega stations nationwide by ngcareers