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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
• Familiarize yourself with your new assignment1
• Explore your new environment2
• Meet your new colleagues3
Today’s Overview
Who’s Who
Lead Contact informationJim [email protected]
Mavis [email protected]
Doug [email protected]
Time Spent
Proj
ects
Wor
ked
On
Get Familiar
Achieve Mastery
Working Toward Mastery
Get Experience
d
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>