• Saturday, January 04, 2025
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Folawiyos Enyo Retail grows market share in Fuel Distribution

Enyo Retail

The buzzing metropolis of Owode-Onirin in the Ikorodu axis of Lagos State is wearing a new look as a result of the just commissioned ENYO Retail ultra-modern fuel station which commenced operations in November 2018.

ENYO Retail & Supply (ERS), founded in 2017 by the Folawiyo Energy Group and its partners has continued their rollout of ultra-modern fuel stations across the country, focusing on busy metropolises with the aim of complimenting the efforts of the government, the NNPC and other government agencies to render efficient and competitive fuel distribution services to the public. ERS stations wear a distinctive shade of blue and a yellow strip on their station canopies with smartly dressed and well-trained personnel eager to serve customers and show off the fruits of company’s investment in training and quality fuels dispensing equipment.

Now known in the industry for the quantity integrity of its stations, ERS’ Owode -Onirin station is a 10 double nozzle pump station capable of dispensing PMS, AGO & Kerosene to up to 4,000 customers per day and is poised to be the most competitive service station in the area opening for up to 20 hours a day.

Commenting at the commissioning of the station, Mr Abayomi Awobokun expressed gratitude to God, the board and staff of the company and most especially their customers for their patronage and belief in the company

Abayomi stressed that all locations from Sangotedo, Bariga, Epe, Ipaja, all in Lagos to Kaduna, Kano, Enugu and Ibadan to mention a few states are enjoying impressive patronage as customers continue to respond very positively to the efforts of the company.

Chaired by Mr. Tunde Folawiyo, ERS has continued to invest in the downstream sector of the Oil and Gas industry in Nigeria despite its current challenges to underscore the interest of its shareholders in deepening the sector and to create meaningful jobs for Nigerians.

ERS currently owns up to 48 stations across 13 states including the FCT and is supported by Folawiyo Terminals; one of the leading product storage terminals in the country and a large fleet of trucks to boost its operations across the country.

In addition, ERS stations have commenced the roll out of their Vehicle Maintenance business called VEHICON which partners with local and international motor spare part manufacturers to boost the efforts of its trained mechanics to deliver a competitive service to all its customers. Other products available at ERS stations are Castrol lubricants which it markets and distributes under the license of Eterna Oil Plc and its Liquefied Petroleum Gas (LPG) for domestic use called Superior Liquefied Gas (SL-Gas)

ERS was the exclusive sponsor of the Financial Times Summit dinner earlier in the year during which their CEO outlined the company’s business objectives and growth plan. In addition to this, he explained that the rationale behind their ambitious goal to train up to 5000 auto mechanics over a 5 year period was not only to boost their capabilities as mechanics and technicians but to also deepen their earning capacity thereby improving their chances to establish their businesses and pay more taxes to the government. This program christened MECHTECH has graduated its first set of mechanics in 2018 and is expected to complete another batch before the end of the year. Graduating mechanics are also empowered with tools and seed capital to boost their businesses.

ERS is one of the fastest growing fuels distribution businesses in Nigeria today and is poised to continue its expansion and investment in the sector over the next 2-3 years.

Head of Sports at BusinessDay Media, a seasoned Digital Content Producer, and FIFA/CAF Accredited Journalist with over a decade of sports reporting.Has a deep understanding of the Nigerian and global sports landscape and skills in delivering comprehensive and insightful sports content.

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