Conoil Intensifies Export of Lubricants

The drive of Conoil, the first indigenous oil marketing company in Nigeria and a petroleum product manufacturing company, to export its lubricant brands to the West coast got a major boost recently when the company was admitted into the ECOWAS Trade Liberalization Scheme.

Its admission into the scheme would afford the company the opportunity to export its high grade, proudly made in Nigeria motor engine oils to established markets in the sub-region duty free.

The scheme was adopted by ECOWAS member states to eliminate trade barriers and facilitate trade integration, improve the foreign exchange earnings of companies of member states and create more jobs in their respective countries. The Nigeria Export Promotion Council had earlier certified the quality of Conoil lubricants as export compliant.

myfinancialintelligence.com