They started their business operations as fuel marketers in the downstream sector and today they’re the largest indigenous oil company in Nigeria with interests throughout the O & G value chain. They have a staff capacity approaching 1500, 95% of whom are of Nigerian ancestry.
This is a true Nigerian company owned, managed and ran by Nigerians, and it is a testament to what young entrepreneurs can achieve with hard work and a “can do” spirit. Jubril Adewale Tinubu is truly an inspiration for every young Nigerian with a dream to build something out of nothing, and he is a testament to the fact that hard work, honesty and determination pays off in the end.
As the world begins to seek new energy sources, it is an economic certainty that fossil fuels will not be the dominant source of energy in 20 years time. What Oando’s position will be in a post crude oil economy is uncertain, but what is certain is that its CEO is a natural entrepreneur, and with all entrepreneurs he will undoubtedly find some new venture to put his hands into.
We wish him the very best and thank him for having the courage of conviction to step out on nothing but faith and build the largest indigenous oil company in Nigeria.
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