Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, officially commissioned its new office building, the ‘Wings Office Complex’ today. The building, strategically located at 17a Ozumba Mbadiwe Avenue, Victoria Island, Lagos was commissioned by the Minister of State for Petroleum Resources, Hon. Dr. Emmanuel Ibe Kachikwu. Commenting on the commissioning Wale Tinubu, Group Chief Executive, Oando PLC said: “At Oando, passion is not only one of our core values, it drives our ambitions. The idea for the Wings Office Complex was conceived in 2009 and the build kick – started in 2013. At the time it seemed a lofty dream; both in terms of size and the type of structure we envisaged. We commenced the construction of Wings at a time when the price of oil was around $100; despite the 2014 crash in oil prices to $23 per barrel, the 60% devaluation of the naira and a 13 month long economic recession, we pushed on. Today the two towers stand tall as a testament to indigenous companies like ourselves who continue to lead and set the standard for excellence. The project signifies the end to a series of capital projects that we have pioneered, invested in and built. ”
The Company followed the international and more progressive model for office buildings by incorporating space for amenities such as restaurants and retail outlets. It is also one of a few prime locations in Lagos with waterway accessibility giving its inhabitants and guests a fuller experience during their time on the premises.
Wings is a smart and energy efficient building that regulates its internal temperate to acclimatize with the outdoor temperature. It also uses energy efficient and smart lighting systems with occupancy and daylight sensors to make sure office lights are only on as they are needed; specifically when occupants are in a room and sunlight is diminishing.
In addition to being office space to leading brands such as Ericsson and RMB Bank, the Wings Office Complex is now home to Oando employees. It was built with the intention of accommodating all the Company’s Lagos based staff and act as our new Head Office, enabling us finally relinquish leased space in Lagos.