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Nigeria's Cooking Gas Market Potential By Geo-political Zone - Business - Nairaland

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Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:19pm On Apr 01, 2020
SOUTH-WEST
The South-West geo-political zone's cooking gas (Liquefied Petroleum Gas- LPG) market is the 2nd largest cooking gas market in Nigeria. It makes up 20% of the Nigerian cooking gas market. With the shift towards cleaner energy and government support nationwide; the cooking gas industry is a viable investment area.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the South-West zone is projected to grow by 15% in the next 12 months.

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Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:20pm On Apr 01, 2020
SOUTH-EAST
The South East geo-political zone's cooking gas (Liquefied Petroleum Gas- LPG) market is experiencing growth in the market size, currently making up 18% of the nation’s total cooking gas market. With favourable government policies being put into place, the LPG industry is now an investment area that will yield rewards now and in the future.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the South-East zone is projected to grow by 20% in the next 12 months.

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Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:20pm On Apr 01, 2020
SOUTH-SOUTH
Did you know the South-South geo-political zone has the largest market size in the Nigerian cooking gas industry? It boasts of 25% of the Nigerian cooking gas market. With intentional government policies, there’s still room for growth, it will be profitable, both short term and long term, to invest in the cooking gas industry.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the South-South zone is projected to grow by 18% in the next 12 months.

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Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:20pm On Apr 01, 2020
NORTH-WEST
The North-West geo-political zone, host to some major commercial centres in the nation, currently has an under-served market for cooking gas. With intentional government policies favouring the cooking gas industry, investment into the cooking gas market will prove profitable now, and in the future, especially as the North-West experiences economic growth.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the North-West zone is projected to grow by 20% in the next 12 months.

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Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:22pm On Apr 01, 2020
NORTH-EAST
Hosting 7% of the Nigerian cooking gas market, the North East geo-political zone has under-utilised market potential. With government policies targeted at increasing the demand for cooking gas, investing into the cooking gas market will prove profitable now, and in the future.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the North-East zone is projected to grow by 7% in the next 12 months.

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Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by kiakiagas: 2:23pm On Apr 01, 2020
NORTH-CENTRAL
The North-Central geo-political zone boasts of 15% of the Nigerian LPG market size, with considerable potential for growth. With government policies aimed at growing LPG demand, there has never been a better time to invest in the LPG market.
Being an essential household good, it has been (relatively) shielded from COVID-19 shock. Cooking gas demand in the North-Central zone is projected to grow by 15% in the next 12 months.

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Contact us at: +234 808 526 9328

Re: Nigeria's Cooking Gas Market Potential By Geo-political Zone by Biafrarep(m): 4:40pm On Apr 01, 2020
SE and SS consume almost half of all cooking gas used in Nigeria. This is interesting.

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