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Last Updated: March 20th, 2018 Oil and gas distribution business is one of the most lucrative and relaxed business anyone can start with little or no capital. You can go into oil and gas products trading, supplies, big and small deals and facility management. The oil industry is where everybody can benefit. The trading opportunity is massive, in fact, in one deal alone, you can make over N200,000(NGN).  Product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from homes, banks, factories, workshops, eateries and business centres, cyber cafes, companies, government offices, and even to filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery. The good news is, you do not need to be a millionaire to start this business. With what is called Local Purchase Order...

PROCEDURE AND CONDITIONS FOR GRANTING APPROVALS FOR THE CONSTRUCTION AND OPERATION OF A PETROL STATION A.  APPLICATION PROCEDURES  Application for approval to construct a filling service station for retailing Petroleum produces shall be submitted to the Department of Petroleum Resources (DPR) giving details of the proposals and any information that may be relevant to the project. In addition, the following documents should be submitted along with the application: i. Three (3) copies of approved plan showing the building existing or proposed on the site and the relation of the site to the roadways and adjoining property; ii. A certificate signed by signed by the Chief Federal/ State Fire Officer, or by an officer authorized in that behalf, that the arrangement proposed for the prevention of fire at the site are satisfactory; Related Post: How to start oil and marketing/distribution business in Nigeria with little or no capital iii. A certification by the Area/Town Planning Auth...

Last Updated: May 8th, 2018 You can actually go into oil and gas products trading, supplies, big and small deals and facility management. The oil industry is where everybody can benefit. The trading opportunity is massive, in fact, in one deal alone, you can make over N200,000(NGN).  Product trading is where the wealth is and, it has a wide scope, from the Automotive gas oil(AGO- Diesel) to PMS(petrol),  DPK(kerosene) and LPFO( low pour fuel oil- black oil). You will find opportunities from homes, banks, factories, workshops, eateries and business centres, cyber cafes, companies, government offices, and even to filling stations and depots. All these places are where you can supply petroleum products for millions even on your first delivery. This business was made simple and open to all by the partial deregulation of the petroleum sector by the federal government. The good news is, you do not need to be a millionaire to start this business. With what is called Local Purchase Or...

This is for those looking for authentic information on how to build and run petrol/fuel station in Nigeria. You have come to the right place. This report is also applicable to those that want to run kerosene (DPK) marketing(domestically with surface tank and pump). PROCEDURE AND CONDITIONS FOR GRANTING APPROVALS FOR THE CONSTRUCTION AND OPERATION OF A PETROL STATION A.  APPLICATION PROCEDURES Application for approval to construct a filling service station for retailing Petroleum produces shall be submitted to the Department of Petroleum Resources (DPR) giving details of the proposals and any information that may be relevant to the project. In addition, the following documents should be submitted along with the application: i. Three (3) copies of approved plan showing the building existing or proposed on the site and the relation of the site to the roadways and adjoining property; ii. A certificate signed by signed by the Chief Federal/ State Fire Officer, or by an officer authorize...

Last Updated: 4th April, 2018 Do you want to become an independent petroleum marketer? Do you want to do business in the oil and gas sector of the economy? Then I advice you read on. The oil and gas industry is one of the biggest and lucrative industries. In fact, it is probably one of the most vital sectors of the economy because every other industry is dependent on its output; which are petroleum products. This is why almost all the world billionaires and richest people own considerable investments in the oil and gas sector. Now what is a gas station? A gas station (filling station or fuel station) is a place petroleum products such as DPK (Dual Purpose Kerosene), PMS (Premium Motor Spirit or Petrol), AGO (Automated Gasoline Oil or Diesel), Lubricants, etc are retailed and sold to end users such as motorists.  Reasons Why You Should Start a gas station business It is a tangible investment and asset. It is a profitable business with good profit margin (volume based). Petroleum pro...