Wednesday, February 11, 2015

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Profitable Kerosene Business Plan - How To Start Kerosine Business In Nigeria Lagos Ghana Kenya Depot and Make Money

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The major revenue source for the Nigerian economy is the income from her crude oil sales. In the 1960s, 1970s and 1980s, the bedrock of the Nigerian economy revolved around her agricultural products including yams, groundnuts, beans, rice, livestock, sugar, garri, to mention but just a few. But since the oil boom in the mid 1970s when oil mining and exploration operations heated up in the country, the attention and emphasis shifted from agriculture to the crude oil reserves.

Nature really blessed Nigeria so much with large deposits of crude oil which according to exploration researches made so far cannot be easily depleted. As mining goes on, more fossils and matters lying deep below the surface of the soil convert to crude oil and so the process continues. Nigeria's dependency on proceeds from crude oil sales is very obvious. The country has many refineries which processes the crude oil and separates it into many other components like the petrol, diesel, kerosene, gasoline and many other derivatives. These refineries process the crude oil through a distillation technique known as the selective distillation whereby the various components of the oil are separated after being heated by fire.

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[Post Image Courtesy of Vichaya Kaitying-Angsulee at FreeDigitalPhotos.net]

However, I want to expose you to a very sweet business opportunity today - the kerosene depot business which has raised many people from the zero level to the hero level. I want this business to positively touch your life and make you a financially stable and able person. It is a very legal business venture to go into and I will teach you how to do it. I want to tell you today that you can make it big dealing on kerosene - a product of the Nigerian oil and gas sector.

Almost everyone know what the kerosene oil looks like. It is a colourless oil extracted from the refining of crude oil and sold for the purpose of cooking using kerosene-powered stoves and cookers. Although people use gas cookers as well as fire woods for cooking, kerosene remains the safest, cheapest an the most popular of them all because of it's cost saving effects with lower risks of health hazards associated with it. Gas cookers are always associated with sudden fire outbursts while cooking with fire woods can be very stressful. People also cut off their toes and cause themselves serious injuries while breaking the fire woods into little bits that will fit into the fireplace. But the kerosene does not cause all these hazards. Though it is inflammable, it hardly causes fire outbreaks in households.

That is why people always use it and buy it for cooking purposes. The demand for kerosene is very high in Nigeria especially in the towns and also among the average income earners in the country. It gives them convenience over their finances and income too. So worrying about customers in this business is not called for at all.

To set up your depot, find a land in a neighbourhood preferably especially in a place where filling stations are located far off. This business strategy will get you more patronage. Install an metal storage tank on your depot and a dispensing meter too. Buy your kerosene in bulk quantities either from a known filing station like Total or Oando for instance at cheap rates and resell at your desired profit margin considering the price set by oil regulation bodies or the price adopted by a nearby filling station. However, you can buy your kerosene at much more cheaper prices from refineries like the NNPC refinery located in Port Harcourt, Rivers state. Combine your capital with other kerosene depot owners and buy a truck load of kerosene directly from a refinery and share it according to the 6 sections contained inside the truck tank.

Sell your products in your neighbourhood. Observations has it that selling kerosene in the evening time especially when the filing stations has closed business for the day is a very good idea because all customers who will find need for the oil will surely come to your depot and patronize you. If your quantity measurement per litre is bigger that offered by filling stations, do not be surprised that you will get many customers within a very short period of time and make money marketing the products.

One more word for your, keep your kerosene depot secured from fire, heat and fire sources. Having a fire extinguisher around your depot will be a very wise decision to take in order to ensure your safety as well of that of your funds and products.

You can meet an kerosene depot owner for more enlightenment and exposure on how to run this business successfully and make a lot of profits doing so.

Success is surely yours!

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