Bizman Wants Check On Sale Of Adulterated Lubricants

Worried by the rising cases of fake and adulterated lubricants in the Nigerian Market, a Lubricant dealer in Port Harcourt, Chief Alex Nwosu, has called on the Federal Government to tackle the problem headlong.
Nwosu, the chairman of Nwomason Associates who made the call while addressing journalists after a public function in Port Harcourt said that lubricant dealers have already tabled a complaint before the Ministry of Industry, Trades and Investment.
He said that they have asked government to find solution to the problem, pointing out that the uncontrolled importation of the adulterated lubricants had been the bane of the growth of the business as it were in Nigeria.
Nwosu expressed concern that many lubricant manufacturers in the country are almost out of the market stressing that there was the need for higher tariff regime for imported lubricants in order to protect local producers and also to maintain competitiveness in the market.
He noted that the low tariff on raw materials would also lift the local industry, and warned of the danger in the use of adulterated lubricants.
The businessman also urged the consuming public to be careful of well-packaged adulterated lubricants that could cause irreparable damage to their engines.
Nwosu therefore urged the Federal authorities to take urgent steps to protect the lubricant market and to safeguard millions of jobs across the country.

Corlins Walter

L-R: Supervising Minister of Economy, Dr Ngozi Okonjo-Iweala, Minister of Lands, Housing and Urban Development, Mrs Akon Eyakenyi and Deputy Governor of Kogi State, Chief Yemi Awoniyi, at the Stakeholders’ Implementation Summit On Enabling Broader Access to Housing Finance For all Nigerians in Abuja, last Monday.