An indigenous firm, Bunorr Integrated Energy Limited, has cut the reliance on the importation of base oil by recycling of Used Engine Oil (UEO) to base oil and other products for use in Nigeria.
Also, the company said its plant also contributes to local supply chain and value addition in Nigerian market.
Speaking when the Nigerian Content Development and Monitoriong Board (NCDMB) led a media tour to their plant at Omagwa, Rivers State on Tuesday, the Managing Director of Bunorr Integrated Energy Limited, Mr Modestus Ikechukwu Okeke, said the plant currently has the 36,000 capacity daily and it’s supplying the base oil needs of Nigerians.
He said the NCDMB had given the company $3.6 million equity fund to begin it’s operations and that has helped them to add value to the supply chain in the country.
He also solicited for the government assistance to connect Omagwa axis of Rivers State to the national grid for the plant to have access to the power from the Port Harcourt Electricity Company (PHED) in order to reduce the cost of running diesel for production.
He said: “Bunorr Integrated Energy Limited is an indigenous energy company focused on recycling of Used Engine Oil (UEO) and producing Based Oil and other by-product for use in the car by Nigerians.
“Our operations directly support Nigeria’s commitment to energy circulation, environmental sustainability, local content development and import substitution.
“November 2025 recorded our highest revenue and gross profit since operations began, our production efficiency improved by more than 50% compared to earlier months.
“We proudly acknowledge that our progress in the past six months is deeply connected to the support, oversight and strategic partnership of the Nigerian Content Development and Monitoriong Board (NCDMB).
“Through the NCDMB’s involvement to grow local Nigerian manpower within our operations, today, Bunorr Integrated Energy Limited proudly employs 37 Nigerian, and as we transition toward full commercialization production and future expansion, this number is expected to grow significantly, creating more high-value employment opportunities for Nigerians.”.
