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News Update (October 1, 2009 01:03 PM...)

Oando Marketing floods market with kerosene

In a swift move to alleviate the hardship created by the acute shortage of kerosene in the nation, Oando Marketing Limited (OML), Nigeria’s foremost oil marketing retailer, today 1st October, 2009 commenced massive distribution of kerosene (HHK) to its petrol stations nationwide with a directive to its dealers to sell at N50 per litre.

The company just took delivery of over 2,300,000 litres of the product and has immediately commenced dispatch of the product to all the critical need areas of the country namely Lagos, Port Harcourt, Abuja, Kano, Kaduna, Benin, Warri, Abeokuta, Ibadan, Ilorin, Akure and Owerri.

Commenting on the development, Mr Yomi Awobokun, Deputy Chief Operating Officer, Oando Marketing said, “As a customer-focused organisation, we are naturally concerned by the severe hardship Nigerians are facing due to the acute shortage of kerosene. This is why upon our receipt of the product, we have immediately dispatched over 60 trucks to various locations across the country to put a smile on the faces of Nigerians during Independence Day celebrations. We look forward to sustaining this supply until we rid the nation of this perennial scarcity.”

“We recognize the criticality of domestic fuels such kerosene and gas to homes in this nation. Through this supply, coupled with the extensive cooking gas retailing network we initiated earlier in the year, we are ensuring that all categories of our consumers have their cooking fuel requirements met. Our long term commitment is to ensure that cooking gas is made available at a very affordable rate to all Nigeria and we will not relent in our effort until everyone is satisfied” He adds.

Recall that Oando Marketing recently launched its Oando Pay-As-U-Gas initiative which involves dispensing of Liquefied Petroleum Gas (LPG) into the customers’ cylinders using a metered pump, right there on the station forecourt.

The benefits of the Pay-As-U-Gas initiative to customers include flexibility of purchase as customers can now buy at a time only what they can afford, product integrity, convenience of purchase due to the closeness of the service to the customers and expert after sales service whilst allowing the customer to retain physical possession of their cylinder. This service is currently obtainable from designated service stations in Lagos, Abuja and Kaduna.

Oando Marketing Limited is the nation’s leading oil retailer, with one in every five litres of petroleum products being sold or distributed via Oando’s over 500 retail outlets and strategically located terminals whilst ensuring continuous products supply and availability in Nigeria and the West African sub region namely Ghana, Togo and Benin.

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