Oil and Gas in one of the most lucrative sector in Nigeria for doing business.

The most important products here are AGO (diesel), PMS (petrol), DPK (kerosene), Lacasera, blue gas and LPFO (black oil).


The prots in this business area has been on the rise as a result of poor power supply in the country and continuous increase in the number of cars in Nigeria. These factors keep on making the business a very lucrative one and highly profitable for all that goes into it.


How To Venture Into This Business As An Individual?

Anyone regardless of your educational background or financial status can go into the business as a broker or independent marketer. There is no requirement and no licence is required for a broker.

You can comfortably start this business with no capital as an independent broker. Your duty is to facilitate sales between buyers and sellers. The business mostly run on payment on delivery basis as long as the buyer issues you Local purchase order, LPO. LPO is a document issued by a buyer to a broker or seller telling him to supply a certain product at a given time.

With a valid LPO, you can successfully conclude a deal.


Know this, getting clients or company to issue you LPO is one of the easiest thing in this business because the buyers are constantly looking for a cheaper products or someone that can supply faster. There is no permanent supplier here for a companies, factories, construction companies, banks, estates, hotels, schools, etc; even fuel stations too, except those on franchise with importers.
The places mentioned above are places of opportunities for any independent broker to get clients.


Getting steady and trusted suppliers is no big deal as I will work you through on how to do that, and will also link you up with some good suppliers or better still, we can supply at best rate.


How To Make Money In This Business?

As I said earlier, the business is very profitable. To be successful in this business, you need to be honest, and be serious.
You can make money by earning commission or by the amount you added per litre of any product or both.


For instance you are asked to supply 33,000 litres of AGO. And the supplier tells you that they supplier at ₦550 per litre. You can tell the buyer that you are supplying at ₦560 per litre or a little more higher. After successful deal, you will be making 45,000 times ₦10, which will amount to ₦450,000. This is in just one deal, with no stress at all. The supplier will take the responsibility of delivery the product as long as the buyer issues LPO. You can also negotiate commission from the supplier and earn more. You get paid immediately after the product is delivered and discharged.


The same applies to PMS but, the profit here is usually less as you cannot add more than ₦2 to the supplier's price, otherwise, the buyer might feel it's too expensive and look elsewhere. And the capacity of PMS trucks are mostly 33,000 litres.


There is more money to make in AGO and Lacasera than PMS. The key to making money is getting a reliable supplier with good price.


The supplies may also be for smaller buyers like hotels, banks, estates, eateries, etc that buy like 10,000 litres of AGO at once. Factories, construction companies and fuel stations, buy up to 45,000 litres and more at once.


But do not neglect any market at all, there could be steady supply demands from the small capacity buyers.


You can run supplies more than 3 times in each month and be smiling to the bank.


How TO Get Customers/Clients?

There is no straight forward answer to this. One can get clients through referral from someone you know. The key is to let your family, friends and associates know that you are into the business first. You must look responsible before marketing your business for people to have confidence in you.

Other ways are:

Through the use of proposal letter. This a very vital tool in the business. You can draft a unique proposal letter for each company you want to visit and deliver the letter to the key decision maker in the company.
Through the use of introduction letter.
Through social media.
By word of the month.
Using a website. This is one of my favourite as you can design your website to look like a big company and make it available for Google search.
Using stickers and fliers.
Announcing it in gatherings like your church, WhatsApp group, Facebook page and groups, in your school, etc.

You can comfortably run this business on a part-time basis as a side hustle or as a full scale business. You can use your phone for marketing online. You may not even need to leave your house to make your first deal in this business. You can run it from home.
No office is required, except you want to go into full scale, have office and register your business name with CAC. Otherwise, you can just run it from anywhere you are as an independent broker and be making good money monthly.

This business sector is very large and highly profitable.



How To Get Started?

The business requires seriousness and honesty. You must establish trust with the buyer and even supplier to be successful. The business is also very delicate and one needs to be careful in all dealings. Consequently, you will need some kind of training and mentorship.

To this effect, we created a training manual (ebook) about this business.

Everything about starting the business from scratch without capital is in there. Even if you want to start on large scale or own fuel station, the details and feasibility study are included.


After going through the book, you will:

Learn all about the business,
How to start without capital,
How to write proposal and introduction letter with examples,
Ways of getting buyers easily,
How to conclude each deals and get paid,
How to negotiate for commission,
How to easily get LPO and examples of good LPOs,
How to make your first million from the business,
How to go into big deals and establish the business as a company of your own,
Where to get products cheap in your state,
Get contacts of reliable suppliers,
Etc.

More importantly, I will be available to always assist you in the business, partner with you and mentor you till you become successful in the business.

The training manual (ebook) cost only ₦6,000.

To get the manual, you can reach me through my phone number (call or whatsapp) or email. See them below this post.

tochukwudike (@) gmail com
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