Connect with us

Hi, what are you looking for?

News

Oando Fires Back At NNPC, Says Firm Didn’t Import Adulterated Petrol

Oando Plc has said it did not import adulterated Premium Motor Spirit into the country, in contrast to what the Nigerian National Petroleum Company Limited said on Wednesday.

The NNPC Group Managing Director, Mele Kyari, had said the national oil firm received on January 20, 2022, a report from its quality inspector on the presence of emulsion particles in PMS cargoes shipped to Nigeria from Antwerp-Belgium.

He said NNPC investigation revealed the presence of methanol in four PMS cargoes imported by its Direct Sale Direct Purchase suppliers namely MRS, Emadeb/Hyde/AY Maikifi/Brittania-U Consortium, Oando and Duke Oil.

But Oando, in a statement released to the Nigerian Exchange Limited on Thursday, said, “Following media reports listing Oando as one of four importers that supplied methanol-blended Premium Motor Spirits into the country, we hereby state that Oando did not import and supply PMS that was adulterated or substandard.

“The PMS supplied by Oando met Nigeria’s import specification. We are committed to working assiduously with the NNPC and industry to identify the root cause(s) of the subsequent contamination of the PMS supplied.

“We want to assure the public that Oando as a responsible corporate citizen would not partake in the importation, distribution, or marketing of substandard petroleum products.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

Ahmed Mohammed Al-Badri, a VIP 9 Captain with the Egyptian Smart Treasure Investment Team, has commended the (ST Team) for its efforts to empower...

News

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled its vastly improved Point of Sale (POS) Terminal as well as the UBA...

News

The United States Embassy has announced new visa interview requirements for Nigerian applicants, set to take effect from April 22, 2025. In a statement...

News

A group of angry individuals stormed the CBEX office located in the Oke Ado area of Ibadan, Oyo State, on Monday, looting furniture and...