Business
Oando Promo: Mechanic Wins Toyota Corolla
Oando Marketing Limited, Nigeria’s largest indigenous downstream petroleum marketing company, has announced that Victory Adoroh, a 33 year-old caterpillar mechanic from Enugu, emerged the winner of the second star prize of a brand new 2010 Toyota Corolla car in its ongoing ‘Nigeria@50 Oleum promo’.
Adoroh’s emergence was the outcome of the promo’s second raffle draw held at Oando Marketing service station in Trans Amadi, Port-Harcourt, Rivers State on 24th September, 2010. Adoroh is the second mechanic to win one of the star prizes of three new 2010 Toyota Corollas, following a similar result at the first raffle draw held in Kano on 29th July 2010, which produced Rufai Ibrahim, a 25 year-old motor mechanic from Sokoto State.
Other winners from the Port-Harcourt event are Ven. Okorie and John Unimna, from Nsukka and Enugu respectively who won motor-cycles, Okechukwu Ibejiaku, Rowland Emebeli and Ezekiel Uchenna all from Port-Harcourt won generating sets, while 14 others won 3kg cylinders and mobile phones.
The promo, which kicked off on 1st July, 2010 to commemorate the golden jubilee of Nigeria’s independence has witnessed the winning of over 30,000 other instant gifts ranging from t-shirts, umbrellas, face caps, wristbands and pens, by customers at Oando Marketing service stations nationwide.
Commenting on the draws, Abayomi Awobokun, Chief Operating Officer, Oando Marketing said; “We are pleased to provide a unique opportunity for Nigerians to win very special gifts as we celebrate the golden jubilee of our great country. Whilst we congratulate Mr. Adoroh and other winners, we thank them for their continued loyalty and patronage and reiterate our commitment to superior customer service and quality products, especially our Oleum lubricants. As a proud Nigerian company we make a firm pledge to continue to contribute to the growth of the country’s downstream sector and by extension the nation’s economy.”
The third and final draw for the third star prize amongst other gifts is scheduled for this month in Lagos upon completion of the promo on September 30,2010 coinciding with the celebration of Nigeria’s 50th anniversary.
Customers still have a chance to win any of the exciting prizes on offer by purchasing any four- litre keg ofOando lubricant namely Oleum GRS, GR, HD, SD, SL, and SM but exclusive of Oleum Super, from any of the over 500 retail stations nationwide.
Oando markets its lubricants under the name Oleum and offers a wide range, which includes; engine oils, gear and hydraulics, and greases. Oleum ranges of lubricants are high quality lubricants with advanced protection for all modern petrol and diesel engines, including turbocharged ones. They have exceptional anti-wear and anti-corrosion properties with very high detergency, hence capacity to limit oil thickening due to soot. They are also formulated to meet the latest American Petroleum Institute specification and certified by International Standards Organisation and the Nigerian Institute of Standards guaranteeing the quality and its suitability for use in the country.
Oando Marketing is a leading oil marketing retailer with over 500 retail outlets and numerous commercial customers cutting across the different geographical zones in Nigeria with operations in Ghana and Togo.
Business
Nigeria’s Gold, Other Solid Minerals Being Stolen – NEC
The National Economic Council has expanded the mandate of its Ad-hoc Committee on Crude Oil Theft Prevention and Control to cover illegal mining.
This is just as the council raised the alarm that the nation’s solid minerals, including gold, are being mined and stolen.
Imo State Governor, Hope Uzodimma, who chairs the committee, disclosed this while briefing State House correspondents after the 153rd NEC meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, yesterday.
Uzodimma said the expanded mandate is part of the government’s efforts to curb resource theft and increase revenue from Nigeria’s solid minerals sector.
“The National Economic Council Ad-hoc Committee on Crude Oil Theft Prevention and Control, which I chair, presented an interim report today to the Council.
“NEC received our report with satisfaction and expanded our Terms of Reference to now also take interest in solid minerals, because our solid minerals are being mined and stolen and not adding to national revenue,” said Uzodma.
He noted that the expanded role would enable the committee to coordinate with the Ministry of Solid Minerals Development and other federal and subnational institutions to combat widespread illegal gold mining and other forms of mineral smuggling that have deprived the country of much-needed foreign exchange.
“Going forward, our committee, working with other government agencies, will look at how to ensure that the revenue of the country arising from solid minerals like gold and other forms of solid minerals are not allowed to be stolen,” the governor added.
NEC’s Ad-hoc Committee on Crude Oil Theft Prevention and Control was first established under former President Muhammadu Buhari in August 2022.
It was reconstituted under President Bola Tinubu in December 2023 with Uzodinma as chairman.
The committee was initially mandated to address the challenge of crude oil theft and pipeline vandalism.
Its creation followed rising oil theft that had crippled national production and forced international oil companies to shut down key pipelines.
At the time, oil production had crashed to around 700,000–800,000 barrels per day, far below Nigeria’s OPEC quota, costing the government billions of dollars in lost export revenue.
Uzodimma explained that through what he called a “collaborative approach” involving regulators, operators, and the security forces, the committee had helped raise daily crude oil production to over 1.7 million barrels per day in the past 22 months.
The governor stated, “Before May 29, 2023, when President Bola Tinubu was sworn in, our crude oil production was around 700,000 to 800,000 barrels a day.
“Working with stakeholders, the regulators, operators in the industry, and the Navy, we were able to involve all the governors of crude oil-producing states and raise different security organisations.
“You would agree with me that as I speak, daily production is now in excess of 1.7 million barrels a day, and cases of pipeline vandalism and vandalisation of oil assets have also been on the decline.”
The council, he said, was satisfied with the progress and decided to deploy the same model of intergovernmental coordination, private-sector partnership, and multi-agency surveillance to the mining sector, plagued by resource theft.
“We are determined to ensure that crude oil production and gas are properly preserved for the benefit of our citizens.
“Now, with this new directive, we will also protect our gold and solid mineral assets,” Uzodinma added.
Nigeria’s illegal mining economy, particularly in gold, lithium, and other high-value minerals, has grown into a multibillion-naira shadow industry.
According to data from the Nigeria Extractive Industries Transparency Initiative, the country loses an estimated $9bn annually to illegal mineral extraction and smuggling.
The Federal Government has linked several unlicensed mining operations to armed groups in the North-West and North-Central regions, where gold has become a source of illicit financing for bandits.
A 2023 NEITI audit also showed that over 80 per cent of mining activities in Nigeria were conducted informally, without licenses or environmental oversight.
In September 2024, the Ministry of Solid Minerals Development revoked over 900 dormant licences and announced plans for a national gold reserve policy. But enforcement remains difficult, with weak surveillance, limited manpower, and overlapping regulatory mandates.
According to Uzodimma, the expanded mandate aims to integrate the fight against illegal mining into the broader national resource protection framework previously used in the oil sector.
“We have done well,” he claimed, adding, “Among other things, we recommended that NNPC, working with security agencies and their consultants, should strengthen security in all the creeks and extend coverage to offshore regions. That will help in curtailing and supervising illegal entries and exits of vessels into our export terminals. This same spirit will now guide our solid minerals sector.”
The committee is expected to submit its first progress report on the expanded mandate at the next NEC meeting in November.
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