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Oando Plc

Created by BlackEntrepreneurProfile.com

Oando Plc, is an integrated energy solutions provider, which comprises a group of companies operating within Nigeria and the African energy sector. The company is listed on the Nigerian Stock Exchange and was the first African company to be listed on the Johannesburg Stock Exchange.

Oando Plc, operates through its subsidiaries Oando Marketing, Oando Supply & Trading, Oando Gas & Power, Oando Energy Services, Oando Exp. & Production, Oando Refining.

The company is a oil marketing retailer with over 450 retail outlets in Nigeria and operations in Ghana, Togo, Liberia and Republic of Benin . Oando markets a wide range of products including Premium Motor Spirit (PMS), Automotive Gas Oil (AGO also known as Diesel), Dual Purpose Kerosene (DPK), Aviation Turbine Kerosene (ATK), Low Pour Fuel Oil (LPFO), Lubricating Oils and Greases, Insecticides, Bitumen, Chemicals and Liquefied Petroleum Gas (LPG, also known as cooking gas).

Oando markets a wide range of products including refined petroleum products, premium motor spirit, automotive gas oil, dual purpose kerosene, aviation turbine kerosene, low pour fuel oil, lubricating oils and greases, insecticides, bitumen, chemicals, and liquefied petroleum gas.

In 2004, Oando consolidated its global oil supply and trading businesses to emerge as sub-Saharan Africa’s largest, independent and privately-owned oil trading company. Today, Oando imports a significant portion of Nigeria’s petroleum product requirements.

Oando Supply & Trading also maintains a presence in the world’s products freight market in terms of vessels chartered on spot and time basis for the delivery of oil and oil products to various customers globally.

Head Office

Stallion House,
(8th - 10th Floor),
2 Ajose Adeogun Street,
Victoria Island,
P. M. B. 12081, Lagos.
Tel: 234-01-2601290 - 9
Telex: 28450
e-mail: info@oandoplc.com
Website: www.oandoplc.com

Senior Management

Chief Executive Officer, Director: Jubril Adewale Tinubu
Deputy Group Chief Executive Officer, Director: G. Omamofe Boyo
Group Chief Financial Officer: Olufemi Adeyemo
MD/CEO, Oando Supply & Trading: Dimeji Edwards
MD/CEO, Oando Energy Services: Uche Dimiri
MD/CEO Oando Exploration & Production: Babatunde Ogunaike
MD/CEO, Oando Eploration & Production: Bright Ahonsi
Chief Operating Officer, Marketing: Lara Banjoko
General Manager, New Business Development: Ayo Ajose Adeogun
Group Company Secretary and Compliance Officer, Director: Oredeji Delano

Industry Information

Electricity, Oil & Gas, Oil & Gas Exploration & Services

Financial Information

Fiscal Year-End: December
Sales 2007 (mil.): $1,501.8
Employees: 492
Company Type: public

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