Obat Oil and Petroleum Ltd, one of the leading Oil Marketers in Nigeria and owned by Ugbo Monarch Obateru Akinruntan has joined the league of Oil players exploring other areas of business in other to survive the economic situation in the country.
In a bid not to restrict the company to only oil marketing they have recently ventured into Liquefied Petroleum Gas (LPG) also majorly known as cooking gas and also expanding the capacity of the depot and growing in the aviation business.
The company also has a vast land at the Lekki free trade zone where the company is proposing a multi-million naira Gas plant investment.
The company is sourcing for Capital Investment Company who may wish to invest in the diversified business.
A lot of opinion has been said and predicted about the future of gas in Nigeria, but the industry and the use of the product has so much potentials. It is not only used for cooking but can also serve as power generation and auto gas.
Investors who have keen interest in this area of business can partner with Obat Oil to unravel the untapped industry.
