…move to drive growth in nation’s lubricants sector

…to build ultramodern lubricant blending plant in Anambra, others

Nigeria’s fast-growing lubricants and oil firm, CDN Oil and Lubricants Limited, has unveiled plans for a multibillion naira investment in 2025 to expand the production capacity of its quality and affordable oil products and drive growth in the nation’s lubricants sector.

As part of the ambitious plan, the company has concluded plans to construct an ultra-modern lubricant blending plant in , Anambra State.

The Chairman and Chief Executive Officer of CDN Oil and Lubricants Limited, Dr. Chukwuka Daniel Nwokolo, in a statement, revealed that the facility is expected to significantly enhance the company’s output and cater to the rising demand for its high-quality, affordable, and premium lubricant products across the country.

Nwokolo noted that the project is central to the company’s strategic vision to strengthen its market presence and dominate Nigeria’s lubricants market, positioning the firm as the go-to brand for high-quality lubricants in the country.

According to the firm’s Managing Director, the multibillion-naira investment will boost local production, create employment opportunities, and drive growth in the nation’s lubricants sector.

He stated, “We are pleased to announce a multibillion naira investment in 2025 aimed at expanding the production capacity of its quality and affordable engine oil products and driving growth in the nation’s lubricants sector.

“A great part of this investment is the development of an ultra-modern lubricant blending plant in , Anambra State.

“This investment marks a significant milestone for CDN Oil as we position to lead the lubricants industry in Nigeria. Our goal is to not only meet the rising demand for our premium, affordable, and high-quality lubricants products but to also set new standards in local production and manufacturing in the country.”

According to the Managing Director, “For us, the lubricant blending plant in , Anambra State will be a game-changer. It will greatly enhance our production capacity, ensuring that more Nigerians have access to affordable, high-performance lubricants to power industries and households in the country.

“The facility will boost local production, create employment opportunities, and drive growth in the nation’s lubricants sector. It will incorporate cutting-edge technology to ensure our lubricants continue to exceed industry standards.”

Nwokolo added, “We are glad with the opportunities that 2025 presents for us as a company, customers, and investors nationwide. While we continue to thank them for their unalloyed loyalty and support over these past years, we want to reaffirm our commitment to delivering lubricant products that stand out for its quality and reliability.”