Nigeria: MOMAN rebrands to MEMAN

The Major oil Marketers Association of Nigeria (MOMAN) has revamped its corporate operations with an enhanced emphasis on energy efficiency.

The oil marketers formally revealed their updated corporate identity and new logo, now known as 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 and emphasized identification on a sustainable, diversified energy future.

Acknowledging our responsibility as a key participant in the energy sector, MEMAN is embracing the significance of alternative energies and our role in shaping the industry’s future. Under the new identity, MEMAN has outlined three key pillars essential to the success of its sustainability initiatives: Health, Safety, Security, and Environment (HSSE), Value Addition for customers and stakeholders, and Innovation.

He encouraged industry players to optimize and cut costs across the value chain by embracing logistics sharing and adopting alternative energy sources.

He assured of the group’s commitment to “further distribution to expand the energy options available to our customers, so that they can also change the energy mix and encourage our customers to be energy independent, and hopefully also reduce their 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 said that “the energy sector in Nigeria faces a common challenge evolving from business as usual or is falling behind in the transition to net zero carbon emissions. This is amid energy poverty or insufficient infrastructures, growing energy demand and industrialization. Climate change is no longer a distant threat, but a present reality. The need for clean sustainable energy has never been more urgent, MEMAN is not just adopting this change, they are embracing it. They are not just responding to the regulator’s code for sustainability. They are leading it; they are transitioning their members to a commitment for the good of all.”

Ahmed, who was represented by Mustapha Lamorde, urged MEMAN to continue its dedication to upholding the highest standards.

Chairman, Energy Institute, Osten Olorunshola, said: “The EI and MEMAN envision a future where innovation, inclusivity and sustainability are central to our 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.”