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Nigeria, with a population of about 170 million people is a potentially big lubricant market for West African region .
Managing Director, Total Nigeria Plc’s, Mr. Alexis Vovk who revealed this said, the lubricant market in Nigeria is estimated at about 400 kilo tons, without any official statistics on the lubes market as all the figures are based on assumption.
Vovk, who spoke in recently at the just concluded first lubricant summit held in Lagos said, there are about 38 lubricant blending plants with capacity well over 800 kilo tons in Nigeria, mostly producing at below capacity utilization. Read more
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