NCDMB Backing Powers Bunorr’s Rise as Nigeria’s Base-Oil Hub
By Naija Enquirer Staff
The indigenous recycler of used engine oil, Bunorr Integrated Energy Limited, has achieved its strongest operational performance in years, largely thanks to strategic support from the Nigerian Content Development and Monitoring Board (NCDMB).
Speaking during an NCDMB-led media tour of the facility in Omagwa, Rivers State, Bunorr’s Managing Director, Mr. Modestus Ikechukwu Okeke, attributed the company’s revival and production stability over the last six months directly to the Board’s intervention.
“Our progress in the past six months is deeply connected to the support, oversight, and strategic partnership of NCDMB,” Okeke said. “Their backing strengthened our credibility before vendors, financiers, and key stakeholders.”
Okeke disclosed that Bunorr, which converts used engine oil (UEO) into base oil and other by-products, achieved its highest revenue and gross profit in November 2025 after overcoming years of technical shutdowns, with production efficiency improving by more than 50 percent.
He added that NCDMB’s involvement has also driven local manpower growth. “Today, Bunorr proudly employs 37 Nigerians, and that number will grow significantly as we move toward full commercial production,” he stated.
Between July and December 2025, Bunorr achieved key operational milestones, including improved plant reliability, recruitment of new technical staff, financial recovery, and full stabilization of boilers, condensers, and fractionating columns.
The company’s roadmap for 2026 includes nationwide raw-material aggregation, improving base-oil purity, strengthening working capital, and adopting greater automation and digital monitoring systems.
Okeke described the NCDMB-led visit as “a powerful validation” of Bunorr’s resurgence. “We are committed to greater operational excellence, environmental responsibility, and delivering strong returns for our partners, including NCDMB,” he said.
Leading the media tour, Mr. Teddy Bai, Head of Government Relations at NCDMB, emphasized the Board’s support for indigenous firms demonstrating competence and global-standard processes. “At NCDMB we encourage local content capacity building and local competition. What we have here is world class regardless of location,” Bai said. “We also pursue excellence, and we will continue to add value to Bunorr.”
He further highlighted the environmental and economic benefits of used-oil recycling, warning that improper disposal contributes to nationwide pollution. “Those of us who service our cars and waste that used oil are also polluting the environment. That used oil can generate money; the media should help drive that message,” Bai noted.
The Media Stakeholders Tour will continue tomorrow with additional facility engagements across Rivers State.
