Oando Chief Says Private Importers Key for Nigeria Fuel Supply

  • Independent companies previously imported half of supply
  • State-owned oil company is sole provider under subsidy regime

Nigeria needs private fuel importers to restore stable supply and end months of shortages, according to Wale Tinubu, chief executive officer of Oando Plc, a Nigerian energy company with interests in oil exploration, gas distribution and fuel retailing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.