Exactly a year ago (August 22, 2024) Nigerians woke up to the cheering news of a significant story that would change the narrative in the nation’s oil and gas industry, forever.
It was, indeed, a beginning of new era for Oando and Nigeria’s oil and gas sector. As expected, the acquisition of 100 percent of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Italian energy company, ENI, has not only placed the oil firm as an undisputed leader in the sector, but it has significantly reshaped Nigeria’s oil and gas industry, while also improving its economy.
The feat by the serial entrepreneur and Group Chief Executive, Oando Plc, Mr. Jubril Adewale Tinubu, CON, is a solid testament to his visionary contributions to Nigeria’s, nay Africa’s economy.
Speaking on the acquisition, Tinubu had said: “Today’s announcement is the culmination of 10 years of hard work, resilience, and an unwavering belief that we would realise our ambition. It is a win, not just for Oando, but for every indigenous energy player as we take our destiny in our hands.
