By Oscarline Onwuemenyi
ABUJAâ€”The Federal Government on Tuesday announced the ban, by January 1, 2010, of all bulk sales of lubricants to retailers nationwide.
The Minister of Petroleum Resources, Dr. Rilwanu Lukman, who made this known in an address to the Ministerial Committee charged with the responsibility of sanitizing the lubricant market, said the directive was against the backdrop of governmentâ€™s renewed policy of repositioning the oil and gas sector.
Lukman further disclosed that the Department of Petroleum Resources, DPR, has already been directed to ensure that all marketers comply with this directive and DPR is also to ensure that all lubricant dispensing tanks are disposed of appropriately.
He also revealed that any marketer who fails to comply will be made to face the full wrath of the law.
The minister explained that the directives were in the nationâ€™s interest as it had become necessary to protect equipment and engines in machineries against unwholesome handling of base oils which serve as raw materials for lubricant production.
According to him, the adulteration of lubricants leads to damage to machinery and equipment and that the unwholesome disposal of these lubricants by some retailers posed danger to the environment and ultimately could endanger human health in the long run.
Lukman noted that it was imperative for Government to address these issues in order to safeguard the lifespan of engines and equipment which are used for production of the nationâ€™s wealth.
He also noted that The Ministerial Committee made up of representatives from Department of Petroleum Resources, DPR, Standard Organization of Nigeria, SON,Â major and independent lubricant manufacturers, Automotive Technicians association and the lubricants marketers with a view to providing a comprehensive and holistic solution that will move the market forward.
In line with its mandate, the committee would soon embark on an awareness campaign to educate the public on the expected changes in the market.