Oil Expert Lauds Oando Boss’ Achievements

A petroleum engineer, Tolulope Iyanda has commended the group chief executive officer at Oando Plc, Wale Tinubu for his contributions to Nigeria’s oil and gas sector.

According to Iyanda, Oando’s boss is ending the year on a good note as he has been able to secure deals which have a positive impact on the sector.

He also said that when it comes to matters of investment, the serial entrepreneur has established himself as a businessman of note that holds a special place among the class of businessmen in Africa. He described him as someone blessed with disposition, unequalled business wisdom and ingenuity to see opportunities where others see nothing.  

He said, ‘‘He has proven himself as formidable in the oil and gas sector and left his imprint anywhere he finds himself and placing himself atop the pecking order in Nigeria’s oil industry. While many businessmen are gnashing their teeth over the fluidity and uncertainty hovering over the oil terrain around the world, the year, 2023 has been an eventful and blissful one for the trained lawyer. 

He is ending the year a happy man with lots of success stories to his credit.

‘‘Also, he left many mouth-agape when he struck a deal to acquire the Nigerian Agip Oil Company (NAOC). This audacious move gave him a resounding applause from OANDO shareholders, while stakeholders in the sector commended him for his visionary leadership and exploits. As the news of the proposed acquisition was making the rounds, Oando and Afreximbank signed an $800 million loan document to facilitate the energy giant’s acquisition of 100 per cent of the shares of Agip Oil Company.’’