Group Managing Director of Emadeb Energy Services Limited, a leading player in the importation and distribution of refined petroleum products and other related services in the Nigerian downstream sector, Mr. Adebowale Olujimi, has announced plans by the company to open ten more mega retail outlets across the six geographical zones of the country within the next 12 to 18 months.
Olujimi made the announcement yesterday in a keynote address he delivered at the inauguration of the company’s flagship mega retail outlet at Cele along Apapa-Oshodi Expressway, a 270,000-litre state-of-the-art facility with sixteen PMS, two DPK and two AGO nozzles.
He said that as part of the expansion strategy, the company was also putting in place dealer-managed arrangement with existing filling stations.
According to him, the investment in the flagship mega retail outlet was in fulfillment of the company’s commitment to “proactively meet customers’ needs and surpass their expectations through provision of specialised and differentiated products and services.”
Olujimi stated that the company’s expansion strategy embarked upon in 2015 is achieving the desired result, pointing out that it would ensure “strategic” spread of its retail outlets in the nation’s commercial capital.
He said that the mega filling station “has a lube bay, minimart and a POS terminal as an alternative means of payment for customers.’
The management, in a release yesterday, also declared that the company “commenced the production of lubricants in the last quarter of 2016, including the Lube brands – Absolute E 20W50 API SL/CF and E- Premium Synthetic API SN/CF, which are high performance multigrade engine oil recommended for both petrol and diesel engines found in modern cars.
“Absolute E 20W50 API SL/CF is formulated from high quality mineral base stocks and specially designed additive to cater to naturally-aspirated and turbocharged petrol and diesel engines. It contains exceptional viscosity/temperature characteristics offering superior multigrade stability in service while guaranteeing minimum fuel consumption.
“The E-Premium Synthetic API SN/CF has the highest possible engine protection with stable protective oil film even beyond extreme operating conditions. It contains optimized high temperature viscosity to meet the latest requirements of original engine manufacturer (OEM) achieving fuel saving and reduced exhaust emission.
“They both meet and exceed international standards and the requirement of all major automobile manufacturers, which includes but not limited to Volkswagen, Mercedes Benz, Renault, and Porsche, among others.”
The management disclosed that the company recently attained another major milestone with the completion of a 12-million-litre-capacity tank for Aviation Turbine Kerosene (ATK) at its Ijegun Egba depot, thus bringing total capacity of the Tank Farm to 60 million Litres and making it a one stop storage facility for white product.
