Oando Plc. has debunked the Nigerian National Petroleum Corporation’s (NNPC) report that it was importing and supplying adulterated Premium Motor Spirit across the country
It should be recalled thatThe News Beam had earlier reported that the NNPC named MRS, Oando, Duke Oil, and a consortium of consisting Emadeb/Hyde/AY Maikifi/Brittania-U as suppliers responsible for importing bad fuel into Nigeria.
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In a statement released to the Nigerian Exchange Ltd., on Thursday, Oando stated categorically that the report was not true adding that the organisation was prepared to work hand-in-hand with the NNPC to identify the causes of the circulation of bad fuel.
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The statement read, “Following media reports listing Oando as one of four importers that supplied methanol-blended Premium Motor Spirits into the country, we hereby state that Oando did not import and supply PMS that was adulterated or substandard.
“The PMS supplied by Oando met Nigeria’s import specification. We are committed to working assiduously with the NNPC and industry, in order to identify the root cause(s) of the subsequent contamination of the PMS supplied.
“We want to assure the public that Oando, as a responsible corporate citizen, would not partake in the importation, distribution, or marketing of substandard petroleum products.”