Kerosene Business Plan In Nigeria Feasibility Study

Kerosene Business Plan In Nigeria- Kerosene is a business that is worth investing into. it is a lucrative business that you can make your entire investment capital back under one month of sales. Are you in interested in going into Kerosene business but you don’t know how to start or run it . Do you need a detailed sample of a Kerosene business plan or feasibility study? I guess you are in the right place because we’ve got what you have been looking for. GET YOUR Kerosene Business Plan In Nigeria / Feasibility Study. To place an order, pay N10,000 to

First Bank

Account Name: Oliver Uwadia

Account Number: 3094192129

Kerosene Business Plan In Nigeria Latest Edition feasibility studies proposal

After payment text your name, your e-mail address and bank teller number or your transfer reference number to 08107015636 and A Copy of our Kerosene Business Plan In Nigeria FEASIBILITY STUDY PDF will be send to your email.

Kerosene Business Plan In Nigeria TABLE OF CONTENT

Executive Summary 3
Introduction 4
Business Description 9
Products and services 9
Competitive Advantage 12
Market Research 15
Competitor Analysis 15
Sales and Marketing Plan 16
Operational Plan 17
Business Risk 20
Management and Structure 20
Financial Plan and Projections 21

Many people don’t How To Start Kerosene Business In Nigeria that’s why we came up with is post to enable start you business without stress.

Why Is Kerosene Business In Nigeria Very Lucrative? The use of kerosene as a cooking fuel is perhaps the number one thing this product is used in Nigeria. It also serves to power lanterns which are very common in Nigeria owing to the epileptic power situation in the country. Basic reason for the profitability of Kerosene is the high demand for the product caused by the very high population of low income earners in Nigeria. 11,000,000 liters of
Kerosene is said to be consumed everyday and the demand can only get higher
due the ever increase in population. According to statistics, about 8million liters of this 1.2million barrels of this product is consumed daily. This gives an idea about how lucrative selling of this product will be if anyone chooses to venture into this business. The disparity in the product pricing is probably the biggest reason why.

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kerosene business – Like I said earlier kerosene is a very lucrative business in Nigeria. Base on the research we carry out we found out that about 8million liters of this 1.2million barrels of this product is consumed daily.Base on the Current price of kerosene in Nigeria, kerosene is more expensive than fuel.

Kerosene is a business that is worth investing into. it is a lucrative business that you can make your entire investment capital back under one month of sales.

Kerosene business in Nigeria is very lucrative. Most people are ignorant of the real official price of DPK but the dealers knows exactly and are cashing on peoples ignorance to make huge profit even if it is unjustified. Base on NNPC who officially sells it as 50 naira, so you can buy from NNPC who sells at N50 per liter and you can sell to others at N100 per litre. All
you need is to know the right people at the right places that is what the owners of filling station and other dealer do. It is not my place to judge as they taking advantage of people ignorance, it is for the government and the price regulatory body to do some thing about it. If you can get at lest 10,000 liter of kerosene from the NNPC or other major dealers like the capital oil and sell 100 per liter and gain 50 naira per liter, you will gaion N50× 10,000=N500,000. one of the dealers who is currently dealing on kerosene said he confirmed that he made N1,900,000 profit from 33,000 liters of Kerosene.

There is a saying ” you plan to succeed you don’t plan to fail”. That’s why before starting Kerosene business you need a Kerosene business plan to enable you set up your business and run it without you running into lost.

For you to be able to be a well know Kerosene distributor you have to build your business, have the line of customers

GET YOUR Kerosene Business Plan In Nigeria / Feasibility Study. To place an order, pay N10,000 to

First Bank

Account Name: Oliver Uwadia

Account Number: 3094192129

Kerosene Business Plan In Nigeria Latest Edition feasibility studies proposal

After payment text your name, your e-mail address and bank teller number or your transfer reference number to 08107015636 and A Copy of our Kerosene Business Plan In Nigeria FEASIBILITY STUDY PDF will be send to your email.

What You Need To Get Into Kerosene Business

The kerosene business is one of the easiest business to start and the capital that is required is not that much compared to the other oil and gas related businesses. The capital you need may not cost more than N700,000 at most N1,000,000 depending on the level you want to start from.

Business Location

This is the first thing you need to consider in starting up a kerosene business. Since the sale will be from the surface tank, you will need a business place or location where you can put your tank. Situating your business in or close to a populated residential area will give you more earnings as you sell more. In which ever way, you may just budget N30,000
at most for that. In some cases, you may even get it for free depending on who you know.

Operating License

This also one of the most important thing that you need in starting your kerosense business. If you want to be able to operate legally and be able to get products from either the NNPC or independent marketers, you have to register with Department of Petroleum Resources (DPR) and Petroleum Products Marketing Company. You have to get Register and have license it is very important if you are to purchasing more than 10,000 liters. But if you want to be dealing below that then is not to important for you register and
obtain license. Some state before you open your kerosene business you will have to register with kerosene sellers association.

Storage Tanks

Another important aspect is storage facility. The Welders will construct a very good surface tank for you. Underground storage tanks are by far preferable because of its safety. Construct 10,000 liters volume tank but let them make it 10,500 liters to be able to accommodate all your Kerosene.

Source for your product

This is another crucial aspect of setting up this business. Independent Marketers controls more than 60% of Kerosene sales, while NNPC controls maybe 40% of the sales through the Pipeline and Product Marketing Company, a subsidiary of NNPC. If you do not have products to sell, then you are not involved in the business in the first place, it is important to find and engage reliable suppliers. You can get the product from other Independent marketers, Capital Oil Ltd and the rest. There are other countless sources where you can buy Kerosene but beware of adulterated product. You may be arrested if the Kerosene get exploded in peoples home.

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