Billionaire investor and businessman, Mr. Wasiu Sowami, has solidified his position in the Nigerian oil industry by acquiring 100% shares in Ardova Plc.
Known for his ambitious and strategic business moves, Sowami is now the sole owner of the company, holding 100% of its shares.
Sowami’s commitment to securing and enhancing his business interests reflects his dedication to providing quality service to the public.
Despite challenges in the oil sector, such as the removal of oil subsidies, the businessman’s latest venture aims to position Ardova Plc for sustained success.
An insider revealed, “Wasiu Sowami is a visionary Nigerian and a bold businessman. His fearless approach sets him apart, always venturing where others may hesitate.
“He believes in the promising future of the oil sector. With this recent acquisition, Sowami now holds the highest shares in any oil company in Nigeria. His plan is to expand Ardova Plc, making it a formidable competitor in the industry.”
The source further explained that the objective is to see Ardova Plc emerge as a leader in the oil business, with plans underway for widespread presence through filling stations across the country.
The acquisition marks the beginning of a transformative phase for Ardova Plc, signaling an ambitious trajectory for growth and success.
Stay tuned for more updates as Ardova Plc, under the ownership of Wasiu Sowami, sets its sights on becoming a prominent player in the Nigerian oil sector.
Ardova Plc is a Nigerian leading indigenous and integrated energy company involved in the distribution of petroleum products.
With an extensive network of over 450 retail outlets in Nigeria and significant storage facilities in Apapa, Lagos and Onne, Rivers State, they procure and distribute petrol (PMS), diesel (AGO), kerosene (DPK) and liquefied petroleum gas (LPG).
Their services also involve the manufacturing and distribution of a wide range of quality lubricants from our oil blending plant in Apapa, Lagos.
These lubricants include: Super V, Visco 2000 and Diesel Motor Oil, and they are also the sole authorised distributor of Shell branded Helix Engine Oils in Nigeria.
As one of Nigeria’s leading suppliers of aviation fuel for local and international airlines, they provide aircraft refuelling services through their aviation joint user hydrants in Ikeja, Lagos and joint aviation depots in Abuja, Port Harcourt and Kano.
In addition to their strategic retail and commercial network, they are committed to delivering renewable energy solutions to customers through their solar brand.
Their philosophy focuses on prioritising their stakeholders and offering star services.
