Lubricants Industry Critical For Industrializing Nigeria – Aboloma

Business News

By Franklin Ocheneyi

“Lubricants and allied products are critical to boosting Nigeria’s industrialisation drive; it serves as the lifeblood for powering the economy.”

Those were the words of Osita Aboloma, the Director-General, Standards Organisation of Nigeria (SON) when he met with Lubricant Producers Association of Nigeria (LUPAN) in Lagos.

He charged stakeholders in the industry to leverage the opportunities the industry offers while also producing to international best practices.

“We see your services as life-threatening and life-endangering services. The effect of your product is far reaching and we cannot industrialise without your products. You are formidable partners and stakeholders in the Nigerian project,” he said.

While assuring LUPAN of required support as much as possible, the DG also read riot acts to unscrupulous dealers who indulge in the act of faking and adulterating established and successful brands in order to cheat consumers and undermining the industry.

“We will not sit down and watch these people pull down the investment of genuine manufacturers or importers. As long as you are law abiding, we will be there to protect you,” he said.

Alhaji Mustapha Ado, Chairman / Chief Executive Officer, Ammasco International Limited, also spoke at the event.

He expressed the association’s commitment to work with SON to sanitise the industry.

“We want you to come in to support us so that we can invest more and even attract foreign direct investment into the industry. We currently employ more than 2000 people in my company imagine if we can have 10 of such factories in the country, it would go a long way to reduce youth unemployment in the country,” he said.

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