Oando Plc has indicated that it will continue to import Premium Motor Spirit (PMS), also known as petrol despite the huge debt owed marketers.
The oil company also said that it had put in place measures to ensure tranquillity in the system, since marketers have been promised that they will be paid.
The Chief Operating Officer (COO), Oando Marketing, Mrs. Olaposi Williams, reiterated the company’s commitment to enhance fuel supply and distribution in the country, during the commissioning of a terminal in Lagos last week.
She also indicated that Oando Marketing will be commissioning two terminals in a bid to ease the constant traffic gridlock along Apapa Road, due to fuel trucks parked indiscriminately on the road. She said that the road leading to the terminals will house over 90 trucks upon the completion of the first phase of the project in two months.
