• Heyden Oil boss helps cash strapped peer to save face
Dapo Abiodun, billionaire magnate, has given the breath of life to Jimoh Ibrahim’s comatose enterprise. Like the gust of breeze that ignites dying embers and cold hearths, the Heyden Oil boss is resuscitating Jimoh’s moribund petrol enterprise. He is doing so by buying up Jimoh’s dilapidated fuel stations; he has acquired 50 of Jimoh’s fuel stations till date.
While Jimoh has been pawning off his enterprise in order to stay solvent, Dapo has been committing good money and resources to his peer’s troubled stations in order to rescue him on one hand and actualize his kerosene and Premium Methylated Spirit (PMS) commercial enterprise on the other hand. Dapo intends to go full blast into the business hence his decision to buy up Jimoh Ibrahim’s failed fuel stations. Dapo started Heyden Petroleum Limited (HPL) as an independent Oil Trading Company (OTC) in Nigeria and in the United Kingdom on October 30, 2001.
Its trading activities range from refined white products to semi-refined black products. Heyden Petroleum also explores its formidable network structure to access and expand business relationships wherever profitable and feasible while promoting and sustaining professionalism. HPL is actively involved in the trading and distribution of Automotive Gas Oil, Diesel, Fuel Oils, Bitumen, Crude and some intermediate components within and outside Nigeria.
