👉🏻 *How To Get Started With Kerosene Business In Nigeria*
🎤Speaker/Facilitator/Discussant
(TEA Foundation National Project Cordinator/Director)
Good Evening Ladies And Gentlemen………..
Almost Every Home In Nigeria Make Use Of Kerosene In Nigeria In One Way Or The Other
This is Why People Always Experience Hardship Whenever Kerosene Goes Scarce
People Are Said To Be Making Millions Of Naira In This Business Every Day And From My Findings
I Can Tell You It Is A Business That Is Worth Investing In To
It Is So Lucrative That You Can Make An Entire Investment Capital From Your First Month Of Sales
*Why Is Kerosene Business In Nigeria Very Lucrative*
Another Reason Is The Lack Of Proper Supply Of Electricity In Nigeria
Because It Is A Product That Is In High Demand
Dealer In Kerosene Make Quick Sales And Return Back For Another Round Of Supply
The Result Is That They Make More Profit As The Around Trips Continue
Most People Are Ignorant Of The Real Official Price Of Dpk As Kerosene Is Also Known
Kerosene Is Officially Sold As At Today At #170 Per Litre By The NNPC
All You Need To Do Is To Know Yourr Way
That Is What Filling Station Owners And Other Dealers Do
Although I Dont Subscribe Or Support Sharp Practices And Taking Advantage Of People’s Ignorance
But That’s isn’t My Duty To Control
As My Religious Belief Tend To Frown To Against This
It Is The Duty Of The Government And The Price Regulatory Body To Do….
A Dealer Confirmed That They Make About #1.9m Profit From 33 000Litres Of Kerosene
From 10 000Litres When You Multiply #50× 10 000Litres
That Would Give You About #500 000
*What You Need To Get Into Kerosene Business In Nigeria*
Everything Put Together May Not Cost More #600 000 To #700 000 Or About #500 000
Depending On The Level You Want To Start From
*Here Are Some Of The Things You Need To Get You Started As Soon As You Can*
Any Place Where There Is A Reasonable Population Of People Is Ideal For This Business
If It Is In Front Of Your Residence You Wouldn’t Need To Spend Extra Money For The Rent
It Could Just Be In Front Of Your Resident Or The Nearest Major Road Side
The Welders Will Construct A Good Suffice Tank For You
You Can Do 15 000 Litres,It Wouldn’t Cost You More Than #200 000 Or #250 000
Coat The Inside And Outside Against Rust
Make Sure It Is Properly Welded To Avoid Leakage
The Welder Will Do That For You
Independent Marketers Control More Than 60% Of Kerosene Sales Through The Pipeline And Product Marketing Company(PPMC)
A Subsidiary Of NNPC
You Can Buy Directly From The Source
You Can Get In Touch With Amindally Global Resources Through Me The Group Admin On….
(C)Copyright By Treasured Entrepreneurs Association TEA Foundation 2017
No Part Of This Publication May Be Reproduced,Stored In A Retrieval System Or Transmitted In Any Form Or By Any Means And Electronic,Mechanical,Recording Or Otherwise Without The Prior Consent Or Permission In Writing To The National Project Cordinator Of Treasuredl Entrepreneurs Association TEA Foundation On 08068756331,08125587132*SEMINAR RECAP ON THE TREASURED ENTREPRENEURS ASSOCIATION TEA FOUNDATION HALL OF WEALTH 1 & 2 HELD ON THE 22ND OF FEBRUARY 2017..*
⏯Theme:
👉🏻 *How To Get Started With Kerosene Business In Nigeria*
🎤Speaker/Facilitator/Discussant
🗣Coach Asuni Adeshola
(TEA Foundation National Project Cordinator/Director)
Good Evening Ladies And Gentlemen………..
Have You Thought Of Starting A Kerosene Business In Your Area Or Even Supplying It To Retailers And Companies????
Almost Every Home In Nigeria Make Use Of Kerosene In Nigeria In One Way Or The Other
Kerosene Is One Of The Most Essential Petroleum Product In Nigeria And Its Used Extensively In Both Rural And Urban Areas
This is Why People Always Experience Hardship Whenever Kerosene Goes Scarce
Kerosene Is Equally One Of The Petroleum Products In Nigeria That Makes Huge Money For The Oil And Gas Entrepreneurs
People Are Said To Be Making Millions Of Naira In This Business Every Day And From My Findings
I Can Tell You It Is A Business That Is Worth Investing In To
It Is So Lucrative That You Can Make An Entire Investment Capital From Your First Month Of Sales
*Why Is Kerosene Business In Nigeria Very Lucrative*
One Basic Reason For The profitability Of Kerosene Is High Demand For The Product Caused By The Very High Population Of Low Income Earners In Nigeria
11,000,000 Litres Of Kerosene Is Said To Be Consumed Every Day In Nigeria And The Demand Can Only Get Higher Due To The Ever Increased Population Of Nigeria
Another Reason Is The Lack Of Proper Supply Of Electricity In Nigeria
Most Homes Depend Heavily On Kerosene For Cooking And Other Energy Related Purpose And Simply Can Not Do Without The Product
Because It Is A Product That Is In High Demand
Dealer In Kerosene Make Quick Sales And Return Back For Another Round Of Supply
The Result Is That They Make More Profit As The Around Trips Continue
The Disparity In The Product Pricing Is Probably The Biggest Reason Why Kerosene Business Is Very Lucrative
Most People Are Ignorant Of The Real Official Price Of Dpk As Kerosene Is Also Known
But Dealers Knows Exactly And Are Cashing On People Ignorance To Make Huge Profit Even if If Is Unjustifiable
Kerosene Is Officially Sold As At Today At #170 Per Litre By The NNPC
From The NNPC Depot You Can Land The Product At Unit Cost Of Between #170Per Litre And Sell For Between #220 And #230 Per Litre
All You Need To Do Is To Know Yourr Way
That Is What Filling Station Owners And Other Dealers Do
Although I Dont Subscribe Or Support Sharp Practices And Taking Advantage Of People’s Ignorance
But That’s isn’t My Duty To Control
As My Religious Belief Tend To Frown To Against This
It Is The Duty Of The Government And The Price Regulatory Body To Do….
If You Lift 10 000 Litres Of Kerosene From The NNPC Or Other Major Dealers Like Capital Oil Owned By Chief Ifeanyichukwu Ubah Say #170 And Sell For #200 You Make A Profit Of #50 Per Litre
A Dealer Confirmed That They Make About #1.9m Profit From 33 000Litres Of Kerosene
From 10 000Litres When You Multiply #50× 10 000Litres
That Would Give You About #500 000
*What You Need To Get Into Kerosene Business In Nigeria*
Everything Put Together May Not Cost More #600 000 To #700 000 Or About #500 000
Depending On The Level You Want To Start From
Kerosene Business Is One Of The Easiest Business To Start And The Capital Requirements Is Not The Very Expensive Compared To Other Oil And Gas Related Business
*Here Are Some Of The Things You Need To Get You Started As Soon As You Can*
*Business Location*
Since The Sales Will Be From The Suffice Thank,You Will Need A Business Place Or Location Where You Can Put Your Tank…..
Any Place Where There Is A Reasonable Population Of People Is Ideal For This Business
If It Is In Front Of Your Residence You Wouldn’t Need To Spend Extra Money For The Rent
It Could Just Be In Front Of Your Resident Or The Nearest Major Road Side
*SUFFICE TANK*
The Welders Will Construct A Good Suffice Tank For You
In Which Ever Way You Must Make A Budget Of About #150 000 Or #200 000 At Most For The Purpose Of Rent
You Can Do 15 000 Litres,It Wouldn’t Cost You More Than #200 000 Or #250 000
Construct 10 000 Litres Volume Of Tank Or About 10 500Litres To Be Able To Accommodate All Your Kerosene
Look For A Very Good Welder That Is Not Far From Your Proposed Business Locations To Ease Off The Cost Of Transporting The Tank
Coat The Inside And Outside Against Rust
Make Sure It Is Properly Welded To Avoid Leakage
The Welder Will Do That For You
Independent Marketers Control More Than 60% Of Kerosene Sales Through The Pipeline And Product Marketing Company(PPMC)
A Subsidiary Of NNPC
*Source Your Kerosene*
You Can Buy Directly From The Source
If You Are Interested In Buying Kerosene In Bulk And In Commercial Quantity Or You Want To Get Started In Kerosene Business And You Need Guidance
You Can Get In Touch With Amindally Global Resources Through Me The Group Admin On….
08068756331 Or 08125587132
I Rest Case
(C)Copyright By Treasured Entrepreneurs Association TEA Foundation 2017
All Reserved
No Part Of This Publication May Be Reproduced,Stored In A Retrieval System Or Transmitted In Any Form Or By Any Means And Electronic,Mechanical,Recording Or Otherwise Without The Prior Consent Or Permission In Writing To The National Project Cordinator Of Treasuredl Entrepreneurs Association TEA Foundation On 08068756331,08125587132