The origin of Lolite Energy Limited started with an idea to harness the vast human capacity in Nigeria to build locally manufactured fasteners that  are used for oil and gas projects.

We believe that developing in-country capacity for fasteners will enable us contribute to and benefit from the aim of Nigeria Content Development Act of 2010.

We saw an opportunity in the growing local content vision and took it. 

Generate profit for growth

Generate returns for investors

Create job opportunities 

Impact Communities

The Journey So Far.....

2013 - Idea Generation 

The origin of Lolite Idea Generation. Development of the concept and business plan.

2014 - Ground Breaking

Project Startup and construction of factory building.

Participated in Local Content Exhibitions organised by Shell, SNEPCo and NAOC

2015 - Registration with Major IOCs

Completed registration with Chevron, Total E & P Limited, Addax Petroleum, Nigeria LNG Limited, Mobil Producing Nigeria, Nigeria Agip Oil Company

2016 - Completion of Factory

Completed the factory building and utilities.

Commenced negotiations with Original Equipment Manufacturers. 

2017 - Funding from Bank of Industry

Obtained $485,000 loan facility from BOI for equipment procurement.

2018 - Equipment Installation 

Completed installation and testing of manufacturing equipment.

2019 - Commissioning of Manufacturing Factory

Commissioning of the Lolite Energy Limited factory by The Executive Governor of Enugu State and The Executive Secretary of Nigeria Content Development and Monitoring Board.

2020 - First Locally Manufactured Fasteners for Ikike Project

Manufactured stud bolts and nuts as capacity development project by TEPNG/NCDMB for Ikike Project.

2021 - NLNG Train 7 Project

Emerged successful in the competitive tendering both in-country and out-country scope for supply of fasteners, flanges and fittings NLNG Train 7 Project.

Obtained ISO 9001:2015 and ISO 14001:2015

2022 - Future Outlook

Expansion of production capacity to flanges and pipe fittings