The Chief Operating Officer of Oando Marketing Plc, Mrs Olaposi Williams, announced in Lagos on Sunday that the company would build 50 mega stations within the next five years to boost petroleum products supplies nationwide.
Williams made the disclosure at a ceremony to announce modalities for the building of the stations. She, however, did not put a figure to the cost of the project.
She said that each of the stations which would be built in major cities in the country, would have capacity to dispense at least three trucks of premium motor spirit per day.
The chief operating officer said that the new stations, which she described as one-stop shops, would be located in Lagos, Abuja, Port Harcourt and other key cities in the Eastern, Northern and Western geo-political zones of the country.
According to her, Lagos will have the lion’s share of the stations with 50 percent, the Federal Capital Territory 30 percent, while the East and North will get 10 percent each.
“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 which have been driving our volume.
“Before now we had over 1,000 stations but we have 338 of them that are dispensing over a million litres per month, about three trucks per day. In the last one year, we have upgraded 10 stations in Lagos, Port Harcourt and Abuja.
Williams noted that the plan of the company was to build at least 10 stations in a year, noting that nothing would be compromised by the company in its bid to achieve the highest standards in dispensing fuel to customers.
She said that the company had put a monitoring team in place to go round its retail outlets to ensure that customers were not short-changed through under-dispensing by unscrupulous petroleum products dealers.
“We don’t compromise on this. We have our monitoring team that goes to our outlets daily to check. Any dealer caught in such act loses his or her contract with us. We don’t condone such act.
“We tell them every day and it is also stated in the agreement we signed with them. Nothing will make us to compromise our stations’ integrity. This is in line with our vision to have a quality station. If such station does not meet our standard we seal it up.”
She assured that the company would continue to upgrade its mega stations across the country to meet international standards, adding “we want to ensure that our fillings stations are beautiful and inviting to customers”.
Oando Marketing is a fully owned subsidiary of Oando Plc, selling and distributing products using over 500 retail service stations and over 500 industrial customers in Nigeria.
The company also has subsidiaries in Ghana and the Republic of Benin, operating more than 40 service stations in the two West African countries.