Business

Oando Promo: Mechanic Wins Toyota Corolla

Published

15 years ago

October 6, 2010

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

PENGASSAN Tasks Multinationals On Workers’ Salary Increase

Published

11 hours ago

December 8, 2025

The Tide

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.

Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.

The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.

PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.

He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.

“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.

Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.

“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.

“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.

“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.

“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.

Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.

“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.

“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.

“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.

Business

SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

Published

11 hours ago

December 8, 2025

The Tide

The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.

The Commission disclosed this in a statement posted on its website.

According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.

The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.

According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.

“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.

The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.

Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.

“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.

The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.

It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.

Business

NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products

Published

11 hours ago

December 8, 2025

The Tide

The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.

The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.

NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu