Ardova launches advanced lubricant blending plant in Lagos

Ardova Plc, a leading Nigerian integrated energy company, has unveiled its state-of-the-art lubricant oil blending plant (LOBP) with an annual production capacity of 150 million litres and storage capacity of 14 million litres. This advanced facility is designed to meet the growing demand for lubricants in Nigeria, covering 20% of the nation’s total requirements.

The announcement was made during the AP Lubricant Distributors’ Forum held at Ardova’s terminal in Lagos. The event brought together key stakeholders and showcased the company’s new initiatives aimed at strengthening its partnership with distributors.

A game changer for Nigeria’s lubricants market 

Chairman of Ardova Plc, Abdul Wasiu Sowami, explained the rationale behind building a new plant instead of upgrading the existing facility. “Three years ago, we realised that to accomplish our goal of adequately meeting the Nigerian market lubricant demand, we needed to transform our lubricant plant to a state-of-the-art lubricant blending oil plant that will represent our commitment to innovation and excellence and our vision is to lead the lubricants market.”

Sowami concluded his welcome speech by thanking the distributors for their loyalty and patience during the construction period, noting the supply challenges faced by the distributors during the period.

Equipped with advanced inventory management systems, the plant significantly reduces the risk of stockouts and ensures seamless product availability for distributors. Managing Director Moshood Olajide emphasised, “This facility is future-proof, allowing us to produce more,  store more and ensure our distributors have seamless access to our products,” said Moshood Olajide, managing director of Ardova Plc.

Ardova also introduced a reward scheme for top-performing distributors and enhanced logistics with a dedicated fleet of lubricant trucks. The company has implemented unique product IDs for tracking and market protection and improved payment systems to simplify transactions. 

“Our distributors are not just partners; they are the backbone of our business. We are working to ensure their profitability through financial and non-financial incentives, marketing support, and consistent product availability,” said Olajide.

With the capacity to produce 20% of Nigeria’s total lubricant demand, Ardova is positioned to drive growth and innovation in the downstream oil and gas sector. “This plant is a testament to our commitment to meet market demands and grow alongside our partners,” said Sowami.