History & Milestones

Our history goes back more than 16 years, a tale of exploration, determination, and combating both the vicissitudes of life and business gracefully.

1. Modest Beginnings

After our modest start of operating in petroleum products brokerage and commissions, Lado Oil graduated to the level of directly purchasing products jointly with other small enterprises. We are one of the very few independent petroleum marketers that have a steady gaze on the future and are equally upwardly mobile. We can comfortably say that Lado Oil is now miles ahead of several of our contemporaries. Due to our resolute focus on growth, the company was able to marshal its modest resources wisely to the point where it started buying and selling petroleum products individually.

2. Through Thick & Thin

Our foray into this route took Lado Oil to the level of buying products from the Lagos depot and selling within the states of Lagos, Ogun and Oyo. This operation took the company to states such as Kwara, Plateau and Kaduna in the northern part of Nigeria. The culmination of the above activities led to the acquisition of the first property of the company in the Ijaiye-Ojokoro Road, Alagbado area of Lagos State for our first service station. Despite the harsh economic and hostile societal challenges that the company faced during the construction of this station, the company went through thick and thin to commission the station in 2004.

3. Forging Ahead

The success story of the company continued with the commissioning of the Sango Service Station in 2008, Ikorodu Service Station in 2011, Ishaga Service Station in December 2012, and our fifth Service Station along Ikotun Egbe road in October 2013. Presently, the company has over 11 filling stations across Nigeria including the federal capital territory Abuja. The company headquarters is at 13 Irewole street, Opebi, Ikeja, Lagos.

4. So Much More To Come

Our head office is equipped with modern and sophisticated technology that is adding value to our services and efficiencies. Our successful journey will not be complete without mentioning our distribution business. As a company reputed for taking up and surmounting seemingly insurmountable challenges; we delved into the daunting petroleum distribution and haulage business in 2007.

With a modest beginning of one truck in 2007, Lado Oil has now grown to a fleet of over fifty delivery trucks. The company has established a reputation for integrity with prompt and efficient distribution of petroleum products to a network of filling stations within Lagos and its environs. The firm is still very much prepared and strategically focused to expand its horizons in the industry.