Shell lubricants products will be widely available in the Nigerian market later this year, following a new deal with Ardova PLC (AP).
Announcing the deal in a statement to the Nigerian Stock Exchange, Chief Executive Officer of Ardova Plc, Olumide Adeosun, said: “We are delighted that our company will act as the main distributor for Shell Lubricants branded products for the automotive and industrial sectors in Nigeria”.
Ardova Plc’s Chairman, AbdulWasiu Sowami, noted the company’s goal was to provide customers with best in class products and services, build partnerships that optimize synergies and create value for all parties involved. “This deal ticks all those boxes and we are excited to add the Shell range of lubricants to the portfolio of products available to our customers.”
Osagie Okunbor, Chairman of Shell companies in Nigeria said: “This is a reinforcement of our commitment to continue to optimize our footprints in Nigeria while working with local companies for mutual benefits and to create opportunities for the people.
“Shell lubricants products will offer improved performance for automobiles across the country through Ardova’s chain of retail stations and resellers.”
The deal follows an earlier pact signed between Prudent Energy, Ardova PLC and Shell Trading International Limited.
It has a framework for harnessing the local and international capabilities of the respective parties including possibilities on how to progress opportunities intended to develop cleaner energy solutions.
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