From Proshare’s records, OVH sold to NNPC retail before the expiration of this window, and the investing and general public should appreciate the business/political nuance at play.
INVESTIGATION: How Nigeria can resolve its multi trillion naira post-harvest losses INVESTIGATION: Poverty, shambolic education system keeping children out of school in Niger StateSPECIAL REPORT: In Northwest Nigeria, insecurity is fueling medical desertsNigeria’s public service reform foundation , By M.J.
Despite misgivings about an entity, I, as a member of the governance community, understand that it is unhelpful if we allow misrepresentations to replace objectivity and accountability. On this note, I offer my thoughts on thePublic and analyst records available to our economic and market intelligence unit affirm that @Oando_PLC was out of OVH three three years before @nnpclimited RETAIL chose to buy it out .
It would appear that either by design or default, when Oando exited entirely in 2019, OVH continued to use the Oando brand under a Trademark Licence Agreement because of the goodwill associated with the brand name.This is why the filling stations continued to bear the name Oando . We understand that the TLA was terminated effective 24 March 2023, but NNPC has 18 months to rebrand fully as part of the TLA. If this has changed, it is news to us.
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