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NIGERIA


Bestaf Lubricants Limited opens a lubricants blending plant in Nigeria


new lubricants blending plant in MRS Holdings Limited Terminal in Lagos, Nigeria. The Bestaf lubricant plant is owned by Sayyu Dantata, the founder and Chairman of MRS Holdings Limited. The ISO 9001:2015 certified plant has a capacity of 200 million litres per annum, which is about 50% of Nigeria’s annual lubricant consumption, estimated to be at about 364 million liters. The plant also produces 3.2 million kilogram of grease per annum and has a Tank storage capacity of 3.2 million kilogram of grease per annum, 6 million litres of coolants and a Tank storage capacity of 20 million Litres of base oil and additives. The plant produces monograde, multigrade lubri- cants and sodium grease, with plans to produce synthetic lubricants and lithium greases


A


Nigerian-based company Bestaf Lubricants Limit- ed has commissioned a


in the near future. Speaking at the event, Sayyu


Dantata said the plant will contribute to foreign exchange generation for the country through product export, as well as meet the needs of other neighbouring countries. Nigerian President Muham- madu Buhari while inaugurat- ing the facility said:“The new Bestaf Lubricant blending plant at MRS Holdings Limited is a testament to the provision of an enabling environment. The lubricant plant, which covers the whole value chain of lubricants and the first of its kind in West Africa, will prevent the importation of sub-standard products, stop capital flight, and contribute to the generation of foreign exchange for the country, through products exported by Bestaf. This plant will go a long way in ensuring that the plants and machinery used in Nigeria have extended life from using high-quality


THEMARKETREPORT


(Center) President Muhammadu Buhari (President of Nigeria), (left) Governor Babajide Sanwo-Olu (Governor of Lagos State), (right) Alhaji Sayyu Dantata Chairman, Bestaf Trading Ltd. SOURCE | BESTAF


lubricants.” Apart from the president of


Nigeria, the opening of this plant was also graced by the Executive Governor of Lagos State, Babajide Sanwo-Olu, who said the birth of the facility is as a result of the enabling environment the state has created for business- es. He added that the plant will create youth employment


and help grow the Nigerian economy.


The facility with fully auto-


mated and semi-automated filling lines also produces the plastic packaging containers for the lubricants and greases, as well as the labels. The company also produces and packages specialized products for clients in and outside of West Africa.


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