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AN OVERVIEW OF THE NIGERIAN LUBRICANT MARKET Presented By: Aigbe Vivian Essien Thompson Fatona Adeyemi Kowontan Adeshewa Sotomi Adebayo

An Overview of the Nigerian Lubricant Market

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AN OVERVIEW OF THE NIGERIAN LUBRICANT MARKET

Presented By:Aigbe Vivian

Essien ThompsonFatona Adeyemi

Kowontan AdeshewaSotomi Adebayo

Executive Summary

A report on the Lubricant Market in Nigeria, the manufacturers of the various lubricants, the volumes consumed and the blending plants used in the process. This presentation has a focus on Market Penetration Strategies for a new entrant into this market.

Introduction to Lubricants

•A lubricant is a substance which on application between moving surfaces in contact reduces or eliminates friction or allows easy or smooth movement between the surfaces in relative motion.

•Petroleum based lubricants are derived from combining the base oil (obtained from crude oil by refining) and additives.

•Lubricants are necessary to save energy, cool engines, prevent rust, transmit power in a hydraulic system, clean engines

New Work

New Environment

New Colleagues

Welcome

• Familiarize yourself with your new assignment1

• Explore your new environment2

• Meet your new colleagues3

Today’s Overview

Learning Objectives• Technology • Procedure• Policies• Benefits

NEW WORK

New WorkThe technology learning curve

New Em-

ployee

1 yr 2 yr 3 yr

Time Spent

Proj

ects

Wor

ked

On

Get Familiar

Achieve Mastery

Working Toward Mastery

Get Experience

d

Doing Your Best Work

• Working from home• Working offsite• Technology

requirements

Case Study• Jeremy– His first day– Mistakes made– Successes achieved– The moral of the story

Discussion• What we can learn

from Jeremy• Best practices• Take-aways

Summary

• Define your challenges– Technological as well as personal

• Set realistic expectation– Mastery is not achieved overnight

• Keep your eye on the goal– Mentorship programs

Resources

• <Intranet site text here><hyperlink here>

• <Additional reading material text here><hyperlink here>

• This slide deck and related resources:<hyperlink here>

QUESTIONS?

APPENDIX