Indigenous integrated energy company, Ardova Plc, has unveiled a state-of-the-art lubricant oil blending plant with a production capacity of 150 million litres per annum and a storage capacity of 14 million litres to meet the demands of the Nigerian market.

The announcement of the new plant was made at the ‘AP Lubricant Distributors’ Forum’ held at the company’s terminal in Lagos, where Ardova also introduced several initiatives aimed at strengthening its partnership with distributors after a tour of the facility.

Ardova Plc’s Executive Chairman, AbdulWasiu Sowami, shared insights into the decision to build a new blending plant instead of upgrading its 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,” he said.

Sowami added that Ardova had the capacity to produce 20 per cent of Nigeria’s total lubricant demand, saying “This plant is a testament to our commitment to meet market demands and grow alongside our partners.”

Managing Director of Ardova Plc, Moshood Olajide, “Our LOBP is equipped to ensure robust inventory management, significantly reducing the risk of stockouts. This facility is future-proof, allowing us to produce more, store more and ensure our distributors have seamless access to our products.”

To reward and empower its distributors, Ardova introduced a reward scheme for top-performing partners alongside other incentives. The company has also enhanced logistics with a dedicated fleet of lubricant trucks and improved payment systems for seamless transactions.

Olajide emphasised the company’s commitment to collaboration, saying, “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.”