Oil & Energy - , ,
M3 Intercontinental limited is a Petroleum products and Energy Company. The market in the past was being 60% run by the Nigerian government with part ownership by some foreign company. With indigenisation and diversification by the foreign investors, the downstream oil sector is now owned by private companies and share holders in Nigeria.They are however divided into the major and independent marketers groups.The inability of the government to provide adequate power for both industrial and private usage has made the need for petroleum products to increase, further widening the market and need for more specialties in sourcing and delivering of products