This rise in lubricant price translates to a rise in the cost of servicing vehicles as well as plant and machinery
In Africa’s biggest oil-producing country, the price of lubricant, a by-product of crude oil, has skyrocketed as high as 200 percent with businesses suffering more from rising operational cost while Nigeria’s projected $683 million lubricant market continues to face investor apathy.
From heav
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.
