NNPC Retail Limited, the downstream subsidiary of the Nigerian National Petroleum Corporation, unveiled a broad range of high performance engine oils last Thursday.
The Nitro (Diamond, Gold, Super, 2T) and Nitro Super 40 brands, are designed for petrol engines, while the Rhino (Rhino HD40 & Rhino X) brand is designed for diesel engines.
The launch of their Nitro and Rhino engine oils were held at the Amphitheatre of the NNPC Towers in Abuja, and was presided by Mallam Mele Kyari, group managing director, in the presence of dealers and representatives of NNPC Downstream subsidiary company’s 380 outlets across Nigeria.
Kyari said NNPC’s entry into the lubricant market was driven by the company’s desire to open up other sources of revenue, while ensuring that stakeholders benefited from participating in the entire oil and gas industry’s value chain.
Yemi Adetunji, chief operating officer, NNPC Downstream, whose unit is in charge of the operations of NNPC Retail Limited, said he was confident that the company’s foray into the lubricants market would provide refreshing options to customers.
“It’s prosperity for our partners, prosperity for NNPC Retail Limited, prosperity for NNPC and prosperity for all Nigerians who now have a product they can truly call their own,’’ he said.
In his opening remarks, Billy Okoye, managing director of NNPC Retail Limited, said that by February 2020, Nitro and Rhino lubricants will be available at all 774 local government areas of Nigeria.