We provide one of the best and most affordable oil lubricants in Nigeria -CEO KYNARC ENERGY
Basi Shekinah Ozioma is the Managing Director and Chief Executive Officer of Kynarc Energy, Lagos; she speaks about her visions and aspirations in her quest to thrive in the Energy sector of the country
- Please kindly give us brief details about yourself.
My name is Basi shekinah Ozioma and I am the Managing Director/Chief Executive Officer of Kynarc Energy, located at No 18, Peninsula Plaza, Opposite Nipco Filling Station,Ajah Market,Addo Road ,Lagos state.We are a dynamic and innovative energy company with a strong focus on high-performance lubricant oils for automotive and industrial use. My parents have a formidable background in the business,my parents owned “Destie -pishon energy limited”that was the genesis of my love for the business this made me passionate and I craved to build sustainable solutions that power engines and industries alike. My professional journey has been defined by my commitment to quality, innovation, and customer satisfaction, and I’ve dedicated myself to delivering superior lubricants that meet international standards while addressing local needs.
- As the MD/CEO of Kynarc Energy, how do you intend to make an indelible impact in the energy sector, particularly in lubricant oil?
At Kynarc Energy, we are committed to redefining the standards of lubricant oil in Nigeria by focusing on quality, affordability, and accessibility.
Manufacturing and distributing premium-grade lubricants that enhances engine performance and extend vehicle lifespan.
Educating mechanics, drivers, and fleet operators about proper lubrication practices and product selection.
Creating employment and empowering local dealers through our extensive distribution network across Nigeria.
Partnering with auto workshops and transport companies to provide tailored lubricant solutions.
Prioritizing innovation by investing in research and development to keep up with evolving engine technologies and environmental standards.
- What was the drive or source of inspiration that made you venture into the lubricant oil business?
The inspiration came from a deep observation of the gaps in our automotive maintenance culture, especially in terms of poor-quality lubricants in the Nigerian market. I saw many vehicle owners struggling with engine damages and high maintenance costs due to low substandard or mismatched oils. That drove me to create a brand that people can trust — one that delivers real value and protects their investment.
Additionally, the massive demand for reliable lubricants in Nigeria’s fast-growing automotive and industrial sectors presented a clear opportunity to make a difference. I wanted to build a company that not only meets this demand but also sets a benchmark in quality, service, and integrity.
- What are the things you expect the government to put in place in order to enhance the lubricant oil/energy sector in the country?
There are several key areas where government support can transform the industry:
Regulatory Oversight: Enforce standards to curb the circulation of fake and substandard lubricants in the market.
Local Manufacturing Support: Provide tax incentives and infrastructure support to encourage local production of base oils and packaging materials.
Ease of Doing Business: Simplify import procedures for raw materials and machinery needed for lubricant production.
Road Infrastructure: Good roads reduce vehicle wear and tear, indirectly supporting the lubricant industry.
Skill Development: Collaborate with private companies to train mechanics and auto technicians in lubricant application and maintenance best practices.
- What are the modalities you’ve put in place in order to remain relevant in this hectic and pale Nigerian economy?
We understand the challenges of doing business in Nigeria, so we have developed a resilience-focused approach that includes:
Product Differentiation: We offer high-quality lubricants that deliver real performance, giving us a competitive edge in a crowded market.
Strong Distribution Network: We work closely with dealers, retailers, and transport fleets to ensure availability and customer loyalty.
Brand Trust: We focus on integrity, transparency, and consistent product quality to build long-term customer relationships.
Innovation and Flexibility: We continuously adapt our formulations and packaging to meet changing market demands and environmental regulations.
Strategic Partnerships: We collaborate with local and international stakeholders for knowledge exchange, product testing, and growth.
At Kynarc Energy, we believe that staying relevant means staying committed to excellence, no matter the challenge.
