The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from OVH Energy.

Speaking at the unveiling of one of the new NNPC Ltd stations formerly Oando in Abuja on Saturday, the Group Chief Executive Officer NNPC Limited, Mele Kyari, said,

“The acquisition will bring over 380 additional filling stations under NNPC Retail brand in Nigeria and Togo, on our journey to attaining 1,500 stations. We will be the largest petroleum product retail network in Africa.”

“NNPC has under an Accelerated Network Expansion (ANEX) Initiative completed the acquisition of OVH downstream assets including reception jetty (ASPM) with 240,000 metric tons monthly capacity, 8 Liquefied Petroleum Gas (LPG) plants, 3 lube blending plants, 3 aviation depots and 12 warehouses,” he said.

SOURCE:
https://naijaphilia.com/2022/10/02/did-you-know-nnpc-ltd-has-acquired-all-380-filling-stations-of-oando/

FTC
We keep swimming and lavishing in this oil and gas money

stunnert:
FTC
We keep swimming and lavishing in this oil and gas money

Yes, but the wealth is not equitably distributed.