Stakeholders advocate backward integration of lubricants to check rising imports – Guardian

With Nigeria ranking as the second largest consumer of lubricants, mostly from importation, due to poor refining capacity of crude, stakeholders in the industry have charged local operators to embrace local production of high-quality lubricants. Indeed, the operators lamented the prevalence of sub-standard lubricants in the country mostly due to capacity and profit maximization by firms that engage solely in mixing of different oil grades.