Oando Plc
| Year of Establishment | 1956 (Rebranded to Oando Plc in 2003) |
| Website | www.oandoplc.com |
| Headquarters | The Wings Office Complex, Victoria Island, Lagos, Nigeria |
| MD / CEO | Adewale “Wale” Tinubu |
| Operations Presence | 320 retail outlets (OVH Energy) across Nigeria, Ghana, Benin, and Togo |
| Areas of Interest | Upstream (E&P), Midstream (Gas), Downstream (Trading/Marketing), and Power |
| Annual Revenue | ₦4.1 trillion (2024 post-NAOC acquisition) |
| Staff Strength | 998 employees (as of December 31, 2024) |
| Major Acquisition | Nigerian Agip Oil Company (NAOC) |
| Best Known As | Nigeria’s leading indigenous integrated energy conglomerate with a dominant presence across the entire oil and gas value chain. |
Oando Plc has consistently maintained its position as one of Nigeria’s most valuable and influential energy and petroleum brands, a status reaffirmed by its integrated operations across upstream, midstream, and downstream sectors, robust financial performance, and strategic contributions to Nigeria’s energy industry.
Founded in 1956 as African Petroleum, Oando Plc evolved into a fully integrated energy company, becoming one of Nigeria’s largest indigenous oil and gas firms. The company operates across the entire petroleum value chain, including exploration and production (upstream), refining and distribution (midstream), and retail marketing of petroleum products (downstream). Its operations extend to West Africa, providing energy solutions that support regional economic growth.
Oando’s product and service offerings include crude oil and natural gas production, petroleum refining, logistics, lubricants, and retail of fuels through its extensive network of service stations. Its retail footprint of over 300 service stations nationwide ensures accessibility of high-quality petroleum products to consumers and businesses.
Oando Plc is listed on the Nigerian Exchange (NGX) and has consistently demonstrated resilience and profitability, with revenue growth driven by strategic investments in exploration, production efficiency, and downstream operations. Its integrated business model positions it as a leading energy brand in Nigeria and the West African region.
The company is also a pioneer in local content and capacity building in Nigeria’s oil and gas industry. Through initiatives such as Oando Youth Empowerment Programmes, technical training, and community engagement, the company has created employment opportunities and developed skilled professionals in the energy sector.
Oando Plc places significant emphasis on sustainability and corporate social responsibility (CSR). Its initiatives include community development projects, educational scholarships, healthcare support, and environmental conservation programs. The company also promotes responsible energy use, workplace safety, and environmental stewardship in all its operations.
Over the years, Oando Plc has earned numerous awards for corporate excellence, sustainability leadership, and energy sector innovation, solidifying its position among the Top 50 Brands in Nigeria.
Through its integrated energy operations, commitment to local content, and sustainable development practices, Oando Plc remains not just a leading petroleum company but a strategic partner in Nigeria’s economic growth and energy security.
