Oando restates commitment to sustainable energy future for Nigerians

Oando Plc has reiterated the company’s dedication to transforming lives in Nigeria through accessible energy sources.

The Group Chief Executive of Oando, Wale Tinubu, made this known in a statement on Sunday, November 3, 2024.

“This is an energy story we’ve been writing for over 30 years. We are changing Nigeria’s lives every day by providing access to varied energy sources that power industries and fuel the economy,” Tinubu stated.

Tinubu noted that Oando has a mission to demonstrate the capacity of indigenous companies to lead the nation’s energy sector.

While drawing a parallel to Nigeria’s independence in the 1960s, he said: “We see this as the emancipation of Nigeria’s indigenous oil and gas community.

“With a deep understanding of the resources beneath the surface, Oando is determined to excel and embrace meritocracy. We do not understand limits; we strive for the best.”

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He noted that the company adheres to global standards in operations and maintenance, while at the same time showcasing its commitment to quality and excellence.

Highlighting the significance of the Okpai Phase I and II projects, Tinubu explained that the facilities boast a combined capacity of approximately 1GW, marking them as “the most reliable and efficient plants in the country”.

He added: “Since 2005, Okpai has contributed over 43,435 GWh to the national grid, enabling communities across Nigeria to thrive. Okpai Phase II is set to make an immediate impact, with an expected injection of 300 MW into the national grid, followed by an additional 180 MW anticipated by the third quarter of 2025.

“The $800 million, 480 MW facility is centred on the company’s mission: Building our nation remains at the heart of what we do.”

He further stressed Oando’s commitment to local communities, saying over 8.5 GW of electricity has been delivered since the commissioning.

“We have achieved 12,332,594 LTI-free man-hours as of September 2024,” Tinubu said.

The Star