NIGERIA
CDN Oil and Lubricants to expand lubes production in Nigeria
A
Nigerian indigenous lubricants company, CDN Oil and Lubricants, is set to invest and expand production facilities for lubricants. The company plans to construct a modern lubricant blending plant in Anambra State, Nigeria. The facility is expected to significantly enhance its output and cater to the rising demand for high-quality, affordable, and premium lubricant products across Nigeria.
The Chairman and Chief Executive Officer of CDN Oil and Lubricants Limited, Dr. Chukwuka Daniel 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 Managing Director of CDN Oil and Lubricants Limited, this investment will boost local production, create employment opportunities, and drive growth in the nation’s lubricants sector. This investment marks a significant milestone for CDN Oil, not only in meeting the rising demand for premium, affordable, and high-quality lubricants products but also in setting new standards in local production and manufacturing in the country.
Daniel Nwokolo added, “We are glad about the opportunities 2025 presents for us as a company, as well as 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 their quality and reliability.” .