BREAKING: Police Seal Off Oando Head Office

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Men of the Nigeria Police, on Monday, sealed off the head office of Oando Plc.

Although no reason has been advanced by the police for its action, this is coming on the heels of the sacking of the management and board of the company by the Securities and Exchange Commission on Friday and the appointment of an interim management team led by Mr Mutiu Sunmonu, former Managing Director of Shell Petroleum Development Company.

Sunmonu’s team will be in charge of the company pending the constitution of a new management team.

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