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NNPC Poised To Tap From N700b Lubricant Market

Nigeria National Petroleum Corporation (NNPC) is poised to move into the N700 billion lubricant sub-sector of the oil and gas industry following the wrap up of plans to build lubricant blending plant in Kaduna and Lagos states.

The Managing Director of NNPC retail business, Mr. Chris Osariewete, who hinted this in Lagos, last weekend, during the just concluded Nigeria Lubricant Summit organized by CMC Connect Perception Managers, said the plant will have the capacity to cater to the needs of lubricant consumers in the Northern and Southern parts of the country.

Osariewete also added that the blending plant will be set up by NNPC in Lagos to meet the lubrication of plants vehicles and machinery in the Southern part of the nation .

SOURCE

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  1. RT @BizWatchNigeria: NNPC Poised To Tap From N700b Lubricant Market – http://t.co/1BrAfIuaxE http://t.co/NKRFgf6Fru

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