We have developed a standardized Lubricating Grease Product in Nigeria with more than 70% local content. The project has enjoyed Federal Grant support of US$40,000.
The product is registered as ASTM D4950 .
A market of about US$26M exists monthly in West Africa presently. We are seeking for Equity investment of US$2M to fully commercialize the project.
We are the pioneers in the west Africa Sub-region and we produced the highest quality products certified by the authorities till date.
High ROI 45% AND 70% local content achieved.
Use of financing is for full commercial scale-up production from present cottage size.
Investors can contact us on Merar for more information.
High temp for tropical setting and wide open demand gap exits presently in West Africa.
ISO affiliated Standard Organization of Nigeria's Certification already secured.
Market ready, $26m /month exists presently in west-Africa.
All company owners are not hindered by any litigation both locally or internationally.
We are not indebted to any financial institution for now. The project has been funded by owners and the federal stipend grant till date.