Wednesday, 31st January 2024 marked a momentous occasion for the Major Oil Marketers Association of Nigeria (MOMAN) as it rebranded as Major Energies Marketers Association of Nigeria (MEMAN).
It unveiled its new corporate identity and launched MEMAN’s commitment to sustainability through the NMDPRA Industry Sustainability Initiative (NISI).
This initiative, meticulously designed to align with the United Nations Sustainability Development Goals, serves as the foundation of MEMAN’s dedication to continue reducing emissions, , ensuring affordable and clean energy, and promoting safety and responsible economic growth.
MEMAN’s commitment to sustainability also extends to reflecting our dedication to health, safety, security, and environmental protection (HSSE), equitable recompense of every stakeholder involved in the business, and continuous innovation for improvements.
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.
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. One is health, safety, security and environment (HSSE), adding value to our customers and to our stakeholders, and innovation.
He urged the players in the industry to optimize 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 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 of, 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; theyy6 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.