Oando Plc, a Nigerian oil company has rejected claims that it imported adulterated Premium Motor Spirit into the country.
The company denied any involvement in the ongoing controversy, describing the claims of the Nigerian National Petroleum Company Limited (NNPC) as false and untrue.
Recall that the NNPC Group Managing Director, Mele Kyari, had said it received a report on January 20, 2022, revealing that it discovered high methanol in the PMS cargoes shipped to Nigeria.
Kyari had revealed that the four companies involved in the purchasing and supplying of the bad fuel are MRS, Oando, Duke Oil, and Emadeb.
However, Oando, in a statement released to the Nigerian Exchange Limited on Thursday, said denied the allegations, clarifying that its company would not partake in the importation, distribution, or marketing of substandard petroleum products.
The statement reads, “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 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.”
