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Re: Kerosene Business In Nigeria: Requirements And How To Get Started by McPerry(f): 5:40pm On Jan 18, 2017
Blue Kerosene??
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by dominique(f): 5:42pm On Jan 18, 2017
Baba4dgals:
@bolded u no 1 mention name mak dem no com for ur head abi grin

I no go name name o grin
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Nobody: 5:44pm On Jan 18, 2017
Them dey use local kerosene here, who want buy a bottle of kerosene for #200? God punish devil
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by ishaq062(m): 5:47pm On Jan 18, 2017
@ Op it is a different story in kwara state I will request you to visit Ilorin NNPC along ASA dam Road and see who are buying the product .
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by sukkot: 5:51pm On Jan 18, 2017
i love the smell of kerosene
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Jazmiynne: 6:13pm On Jan 18, 2017
VastFinder:
Even though most middle and upper-middle class Nigerians prefer cooking with gas,the need for kerosene has not been completely eliminated. This is because a number of low-income earners in Nigeria surpass the middle and upper-middle class and for this category of people, cooking with kerosene is much more affordable.

A lot of middle class citizens still use kerosene for cooking alongside gas. So, if you are thinking of going into kerosene retail business, demand is certainly not a problem.

Requirements
Some of the things that you would need to start your kerosene business include-:

1. Certification
You cannot just start kerosene business without proper registration and licensing. You need to register your business with the Department of Petroleum Resources (DPR) and the Petroleum Products Marketing Company (PPMC).

Upon registration, you would receive a certificate which would permit you to buy your kerosene in wholesale directly from the NNPC. This makes it possible for you to have access to products cheaply. However, this process takes time and of course, would cost you money.

But if you want the easy way out, you can become an indirect marketer. As an indirect marketer, you would source for your products from registered marketers. Although, you would get products at a more expensive rate compared to buying directly from the depot.

2. Location
You need a strategic location to sell your products. Some kerosene marketers own filling stations which they use in selling kerosene alongside other petroleum products but if you cannot afford to build yourself a station, you can just set up a depot in a safe place.

I have even seen people set up kerosene mini-depots in front of their homes. However, you must take issues of safety very seriously if you decide to go with this option.

3. Dispensing Pump
To make it easy for you to sell your product, you should get an automatic dispensing pump. You can easily get them from dealers in major Nigerian cities.

However, if you still don’t know where to get one, you can try to ask from people who are already into the business; they can easily point you in the direction where they got theirs.

An automatic dispensing pump would make your job really easy as you would be able to easily measure your products and charge your customers correctly.

4. Petroleum Tanker
This is only necessary for people who are starting kerosene business on a large scale. If you have registered with PPMC and DPR and want to be buying your products directly from the depot even start supplying other kerosene sub-dealers, you would need a petroleum tanker to move your products around easily.

5. Capital
The amount you need to start a kerosene business would depend on the scale you wish to operate. With about N200, 000, you can set up a small-scale kerosene business in your neighborhood or somewhere close. But if you want to operate this business on a large scale, you should be ready to spend at least 1 million naira.

Source: https://vastfinder..com/2017/01/kerosene-business-in-nigeria.html


Nice one OP

Amicable09 where is that 200k I kept at ya backyard? Biko bring am sharply lemme invest, business a bia gø grin wink cheesy
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Nobody: 6:22pm On Jan 18, 2017
sukkot:
i love the smell of kerosene
chai!!!
Na wa for you grin
wetin I no go read from Sukkot grin
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Krucifax(m): 6:41pm On Jan 18, 2017
VastFinder:
Even though most middle and upper-middle class Nigerians prefer cooking with gas,the need for kerosene has not been completely eliminated. This is because a number of low-income earners in Nigeria surpass the middle and upper-middle class and for this category of people, cooking with kerosene is much more affordable.

A lot of middle class citizens still use kerosene for cooking alongside gas. So, if you are thinking of going into kerosene retail business, demand is certainly not a problem.

Requirements
Some of the things that you would need to start your kerosene business include-:

1. Certification
You cannot just start kerosene business without proper registration and licensing. You need to register your business with the Department of Petroleum Resources (DPR) and the Petroleum Products Marketing Company (PPMC).

Upon registration, you would receive a certificate which would permit you to buy your kerosene in wholesale directly from the NNPC. This makes it possible for you to have access to products cheaply. However, this process takes time and of course, would cost you money.

But if you want the easy way out, you can become an indirect marketer. As an indirect marketer, you would source for your products from registered marketers. Although, you would get products at a more expensive rate compared to buying directly from the depot.

2. Location
You need a strategic location to sell your products. Some kerosene marketers own filling stations which they use in selling kerosene alongside other petroleum products but if you cannot afford to build yourself a station, you can just set up a depot in a safe place.

I have even seen people set up kerosene mini-depots in front of their homes. However, you must take issues of safety very seriously if you decide to go with this option.

3. Dispensing Pump
To make it easy for you to sell your product, you should get an automatic dispensing pump. You can easily get them from dealers in major Nigerian cities.

However, if you still don’t know where to get one, you can try to ask from people who are already into the business; they can easily point you in the direction where they got theirs.

An automatic dispensing pump would make your job really easy as you would be able to easily measure your products and charge your customers correctly.

4. Petroleum Tanker
This is only necessary for people who are starting kerosene business on a large scale. If you have registered with PPMC and DPR and want to be buying your products directly from the depot even start supplying other kerosene sub-dealers, you would need a petroleum tanker to move your products around easily.

5. Capital
The amount you need to start a kerosene business would depend on the scale you wish to operate. With about N200, 000, you can set up a small-scale kerosene business in your neighborhood or somewhere close. But if you want to operate this business on a large scale, you should be ready to spend at least 1 million naira.

Source: https://vastfinder..com/2017/01/kerosene-business-in-nigeria.html


Any information on the possible profit margins? Or wholesale and retail prices? Any information on the potential "Return on Investment" percentages? Any information on the potential disadvantages .
Any information on government policies and regulations on the business? Any information on market practices and operational modalities?
I like your post but it could also have been written up by a secondary school student with only Google.
If you want to give information give real information that can actually be of use to the reader. Cheers.

1 Like

Re: Kerosene Business In Nigeria: Requirements And How To Get Started by ipledge10(m): 7:07pm On Jan 18, 2017
Do you think 500k is enough to sell kerosene?
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by andycoy4real(m): 8:03pm On Jan 18, 2017
gud information
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by VastFinder: 8:07pm On Jan 18, 2017
ishaq062:
@ Op it is a different story in kwara state I will request you to visit Ilorin NNPC along ASA dam Road and see who are buying the product .

I also reside at Kwara.
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by truvine(m): 8:12pm On Jan 18, 2017
mrjadek01:
your write up is good except the no 1,you can only do the no 1 when government are still paying subsidy.... the industry is open now, with your company registration and your cash then move to any private depot in Lagos, warri,or phc and buy your product to your location...and minimum you can buy in that way is 15000kltrs....but if your cash is not up to that volume... u can buy from 1000kltrs from retailer to your tanks.

the bolded is not entirely correct because even in private depot , you will still need to present your DPR STORAGE LICENSE CERT., as open as it is, just like you mentioned, you will still have to get registered with either IPMAN (independent marketers) or the MAJOR marketers association.
So, your CAC registration is not enough to walk into the DEPOT and buy. Infact, to buy, you will need a marketers code through which you will pay and payment confirmation will be sort out with, but just as OP opined, you can link up with a registered marketer and load the product.

1 Like

Re: Kerosene Business In Nigeria: Requirements And How To Get Started by VastFinder: 8:13pm On Jan 18, 2017
ipledge10:
Do you think 500k is enough to sell kerosene?

Yes, even not up to that.
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by ipledge10(m): 8:24pm On Jan 18, 2017
VastFinder:


Yes, even not up to that.
some markers said u need up to 1million to start
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by amicable09(f): 8:51pm On Jan 18, 2017
Jazmiynne:


Nice one OP

Amicable09 where is that 200k I kept at ya backyard? Biko bring am sharply lemme invest, business a bia gø grin wink cheesy
Lol.

Babe, this business for make sense o. The one at my backyard is producing cassava. Can we just use the one at yours? tongue
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by sukkot: 9:06pm On Jan 18, 2017
Joavid:


chai!!!

Na wa for you grin

wetin I no go read from Sukkot grin
lolzzzz the smell is intoxicating. i get tempted to drink it. thats how intoxicating the smell is cheesy grin MAYBE I AM SICK tongue
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by MrHighSea: 10:16pm On Jan 18, 2017
I dnt like replying and a click on the like button isn't enough. Op, God bless.
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by luvissweet2f(f): 10:23pm On Jan 18, 2017
U can't start kero business with 1million let alone 200k. How much is automatic dispenser? how much is d tank? how much is generator den u now talk abt d product (kero) itself. He who says u can start d biz with 1 million naira now is a big dreamer. Bc I've been into d biz 4 over 5 years now
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by andycoy4real(m): 11:37pm On Jan 18, 2017
luvissweet2f:
U can't start kero business with 1million let alone 200k. How much is automatic dispenser? how much is d tank? how much is generator den u now talk abt d product (kero) itself. He who says u can start d biz with 1 million naira now is a big dreamer. Bc I've been into d biz 4 ov er 5 years now
hw much do u think one can use to start it now
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by BushDoctor123: 11:58pm On Jan 18, 2017
jidxin:
I dont think u can still use a dispensing pumps ooo....its bin banned
So what do you advice we use instead of pump dispenser, because I still see retailers using it. Abi you want people to use beer bottles, gongoni or plastic gallon as dispenser like mama sikira does in the neighbouring?
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by kinnlive(m): 7:37am On Jan 19, 2017
VastFinder:
Even though most middle and upper-middle class Nigerians prefer cooking with gas,the need for kerosene has not been completely eliminated. This is because a number of low-income earners in Nigeria surpass the middle and upper-middle class and for this category of people, cooking with kerosene is much more affordable.

A lot of middle class citizens still use kerosene for cooking alongside gas. So, if you are thinking of going into kerosene retail business, demand is certainly not a problem.

Requirements
Some of the things that you would need to start your kerosene business include-:

1. Certification
You cannot just start kerosene business without proper registration and licensing. You need to register your business with the Department of Petroleum Resources (DPR) and the Petroleum Products Marketing Company (PPMC).

Upon registration, you would receive a certificate which would permit you to buy your kerosene in wholesale directly from the NNPC. This makes it possible for you to have access to products cheaply. However, this process takes time and of course, would cost you money.

But if you want the easy way out, you can become an indirect marketer. As an indirect marketer, you would source for your products from registered marketers. Although, you would get products at a more expensive rate compared to buying directly from the depot.

2. Location
You need a strategic location to sell your products. Some kerosene marketers own filling stations which they use in selling kerosene alongside other petroleum products but if you cannot afford to build yourself a station, you can just set up a depot in a safe place.

I have even seen people set up kerosene mini-depots in front of their homes. However, you must take issues of safety very seriously if you decide to go with this option.

3. Dispensing Pump
To make it easy for you to sell your product, you should get an automatic dispensing pump. You can easily get them from dealers in major Nigerian cities.

However, if you still don’t know where to get one, you can try to ask from people who are already into the business; they can easily point you in the direction where they got theirs.

An automatic dispensing pump would make your job really easy as you would be able to easily measure your products and charge your customers correctly.

4. Petroleum Tanker
This is only necessary for people who are starting kerosene business on a large scale. If you have registered with PPMC and DPR and want to be buying your products directly from the depot even start supplying other kerosene sub-dealers, you would need a petroleum tanker to move your products around easily.

5. Capital
The amount you need to start a kerosene business would depend on the scale you wish to operate. With about N200, 000, you can set up a small-scale kerosene business in your neighborhood or somewhere close. But if you want to operate this business on a large scale, you should be ready to spend at least 1 million naira.

Source: https://vastfinder..com/2017/01/kerosene-business-in-nigeria.html

Re: Kerosene Business In Nigeria: Requirements And How To Get Started by dungas30(m): 7:39am On Jan 19, 2017
VastFinder:
Even though most middle and upper-middle class Nigerians prefer cooking with gas,the need for kerosene has not been completely eliminated. This is because a number of low-income earners in Nigeria surpass the middle and upper-middle class and for this category of people, cooking with kerosene is much more affordable.

A lot of middle class citizens still use kerosene for cooking alongside gas. So, if you are thinking of going into kerosene retail business, demand is certainly not a problem.

Requirements
Some of the things that you would need to start your kerosene business include-:

1. Certification
You cannot just start kerosene business without proper registration and licensing. You need to register your business with the Department of Petroleum Resources (DPR) and the Petroleum Products Marketing Company (PPMC).

Upon registration, you would receive a certificate which would permit you to buy your kerosene in wholesale directly from the NNPC. This makes it possible for you to have access to products cheaply. However, this process takes time and of course, would cost you money.

But if you want the easy way out, you can become an indirect marketer. As an indirect marketer, you would source for your products from registered marketers. Although, you would get products at a more expensive rate compared to buying directly from the depot.

2. Location
You need a strategic location to sell your products. Some kerosene marketers own filling stations which they use in selling kerosene alongside other petroleum products but if you cannot afford to build yourself a station, you can just set up a depot in a safe place.

I have even seen people set up kerosene mini-depots in front of their homes. However, you must take issues of safety very seriously if you decide to go with this option.

3. Dispensing Pump
To make it easy for you to sell your product, you should get an automatic dispensing pump. You can easily get them from dealers in major Nigerian cities.

However, if you still don’t know where to get one, you can try to ask from people who are already into the business; they can easily point you in the direction where they got theirs.

An automatic dispensing pump would make your job really easy as you would be able to easily measure your products and charge your customers correctly.

4. Petroleum Tanker
This is only necessary for people who are starting kerosene business on a large scale. If you have registered with PPMC and DPR and want to be buying your products directly from the depot even start supplying other kerosene sub-dealers, you would need a petroleum tanker to move your products around easily.

5. Capital
The amount you need to start a kerosene business would depend on the scale you wish to operate. With about N200, 000, you can set up a small-scale kerosene business in your neighborhood or somewhere close. But if you want to operate this business on a large scale, you should be ready to spend at least 1 million naira.

Source: https://vastfinder..com/2017/01/kerosene-business-in-nigeria.html

good info but incomplete because u should have tell use the prices of setting up a local local pump
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Jazmiynne: 7:46am On Jan 19, 2017
amicable09:

Lol.

Babe, this business for make sense o. The one at my backyard is producing cassava. Can we just use the one at yours? tongue

Wayo!

U think say I de joke abi.... U know how the money take come, we would tear clothe here o angry

1 Like

Re: Kerosene Business In Nigeria: Requirements And How To Get Started by agentakins: 9:10am On Jan 19, 2017
Good
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by obxddon(m): 4:08pm On Mar 05, 2017
VastFinder:
Even though most middle and upper-middle class Nigerians prefer cooking with gas,the need for kerosene has not been completely eliminated. This is because a number of low-income earners in Nigeria surpass the middle and upper-middle class and for this category of people, cooking with kerosene is much more affordable.

A lot of middle class citizens still use kerosene for cooking alongside gas. So, if you are thinking of going into kerosene retail business, demand is certainly not a problem.

Requirements
Some of the things that you would need to start your kerosene business include-:

1. Certification
You cannot just start kerosene business without proper registration and licensing. You need to register your business with the Department of Petroleum Resources (DPR) and the Petroleum Products Marketing Company (PPMC).

Upon registration, you would receive a certificate which would permit you to buy your kerosene in wholesale directly from the NNPC. This makes it possible for you to have access to products cheaply. However, this process takes time and of course, would cost you money.

But if you want the easy way out, you can become an indirect marketer. As an indirect marketer, you would source for your products from registered marketers. Although, you would get products at a more expensive rate compared to buying directly from the depot.

2. Location
You need a strategic location to sell your products. Some kerosene marketers own filling stations which they use in selling kerosene alongside other petroleum products but if you cannot afford to build yourself a station, you can just set up a depot in a safe place.

I have even seen people set up kerosene mini-depots in front of their homes. However, you must take issues of safety very seriously if you decide to go with this option.

3. Dispensing Pump
To make it easy for you to sell your product, you should get an automatic dispensing pump. You can easily get them from dealers in major Nigerian cities.

However, if you still don’t know where to get one, you can try to ask from people who are already into the business; they can easily point you in the direction where they got theirs.

An automatic dispensing pump would make your job really easy as you would be able to easily measure your products and charge your customers correctly.

4. Petroleum Tanker
This is only necessary for people who are starting kerosene business on a large scale. If you have registered with PPMC and DPR and want to be buying your products directly from the depot even start supplying other kerosene sub-dealers, you would need a petroleum tanker to move your products around easily.

5. Capital
The amount you need to start a kerosene business would depend on the scale you wish to operate. With about N200, 000, you can set up a small-scale kerosene business in your neighborhood or somewhere close. But if you want to operate this business on a large scale, you should be ready to spend at least 1 million naira.

Source: https://vastfinder..com/2017/01/kerosene-business-in-nigeria.html


Please how can I go about the registration process.
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by supergist1(m): 11:24am On May 29, 2018
Kerosene also known as paraffin or lamp oil is one of the finished products from refined crude oil. Have you thought of starting a kerosene business in your area or even supplying it to retailers and companies? Kerosene is one of the most essential petroleum product in Nigeria and is used extensively in both rural and urban areas. It is one of the most popular
http://www.supergist.com.ng/start-kerosene-business-nigeria/
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by konews: 10:09am On Dec 12, 2018
Kerosene also known as paraffin or lamp oil is one of the finished products from refined crude oil. Have you thought of starting a kerosene business in your area or even supplying it to retailers and companies? Kerosene is one of the most essential petroleum product in Nigeria and is used extensively in both rural and urban areas. It is one of the most popular products of refined crude oil because of its use and demand. Almost every home make use of Kerosene in Nigeria
http://www.konews.com.ng/steps-on-how-to-start-kerosene-business-in-nigeria/
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by Olusheyi1(m): 6:44am On Jul 18, 2019
That's good
Re: Kerosene Business In Nigeria: Requirements And How To Get Started by konews: 10:21pm On Apr 18, 2020
Kerosene also known as paraffin or lamp oil is one of the finished products from refined crude oil. Have you thought of starting kerosene business in your area or even supplying it to retailers and companies? Kerosene is one of the most essential petroleum product in Nigeria and is used extensively in both rural and urban areas. It is one of the most popular products of refined crude oil because of its use and demand. Almost every home make use of Kerosene in Nigeria in one way or the other.
https://businessplanhub.com.ng/how-to-start-kerosene-business-in-nigeria-latest-edition-feasibility-studies-proposal/

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