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MOMAN Rebrands, Now MEMAN, Unveils New Logo

The Major Oil Marketers Association of Nigeria (MOMAN) has rebranded its corporate operations with renewed focus on energy efficiency. The oil marketers officially unveiled its new corporate identity and new logo- Major Energy Marketers Association of Nigeria (MEMAN) in Lagos.

Members of MEMAN include, NNPC Retails, 11Plc, Conoil, Ardova Plc, MRS, and Total.The Chairman, MEMAN and Managing Director, Nigerian National Petroleum Company Retails (NNPC Retails), Huub Stokman, said the decision to rebrand stems from its commitment to the renewed landscape of the energy industry.

“As a responsible stakeholder in the energy sector, MEMAN recognizes the growing importance of alternative energies and our role in shaping the future of the industry. Now, as MEMAN, we’ve identified three pillars that are crucial to the success of our sustainability efforts, which are health, safety, security and environment (HSSE), as well as adding value to our customers and stakeholders.”

He urged the players in the industry to optimise and reduce costs along the value chain through logistics sharing, or adoption of alternative energies.

He assured of the group’s commitment to further distribution to expand the energy options available to customers, so that they can also change the energy mix and encourage customers to be energy independent and reduce energy costs.    “We believe that this transformation effectively reflects a vision for the future and underscores our commitment to sustainability and resilience of the downstream energy sector in Nigeria,” he said.

The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed said the transition from oil and gas association to an energy association depicts the constituents of energy transition, and environmental sustainability.Ahmed, who was represented by Mustapha Lamorde, urged MEMAN to continue its dedication to upholding the highest standards.

Chairman, Energy Institute (EI), OstenOlorunshola, said EI and MEMAN envision a future where innovation, inclusivity and sustainability are central to energy landscape.

“We will work hand in hand to create a platform for the exchange of ideas. The advancement of knowledge and the cultivation of a workforce attuned to the broader challenges and opportunities within the energy industry.”

Dun & Bradstreet Unveils ESG Solutions For Businesses
DUN & Bradstreet, a global provider of business data and analytics, has added ESG RegisteredTM to its product catalog in Nigeria to help companies project their Environmental, Social and Governance (ESG) credentials on a global level.

The state-of-the-art solution will facilitate firms in gaining an edge over the competition through an industry-trusted seal, according to a statement.

“Through the release of this cutting-edge product, Dun & Bradstreet will recognise companies committed to sustainable business practices and award them a certificate with ESG ratings,” the statement said.

It said small, medium, and large businesses can utilise the product to showcase their commitment to sustainability and enter the company’s Data Cloud- a service used by over 92 percent of Fortune 500 companies to vet customers, suppliers, and other business partners.

“Find out more about the solutions and other products on our website. The seal ensures transparency and sustainability in business functions and enables businesses to understand their ESG performance, identify risks, and overcome ESG-related gaps.”

The Country Head, Dun & Bradstreet Nigeria, WomoDiriyai, highlighted that by combining technology with ESG data, the company recognises sustainable organisations by awarding them with a badge of recognition that widens their projection at a global scale.
“With the rapid growth in digitalisation in Nigeria, it is essential to implement technology to assure a green future. ESG RegisteredTM is an all-in-one solution for responsible companies looking to showcase their ESG performance and fill gaps in adherence to the ESG guidelines,” he said.
He added that companies get a unique opportunity to turn their sustainable business practices into an advantage through the product.
 “The business ecosystem of Nigeria is becoming competitive day after day which makes me confident of the success of the product in the country.”

Expressing his gratitude, Ogunrinde said: “We extend our heartfelt appreciation to Unilever for consistently upholding their commitments to their logistics partners.”

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