SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
INVESTMENT OPPORTUNITIES IN TRUCK TERMINAL OPERATIONS IN THE OIL AND GAS INDUSTRY IN NIGERIA.
A combination of factors like vandalization of oil distribution pipeline and the inability of the four {4} local refinery in Nigeria to meet the local demands of the country in terms of refined petroleum products has created the need for the importation of the these products and storage in tank farms for subsequent re-distribution to other parts of the country.
From there offshore position to discharge these products from the vessel into the tank farms an harbor is required and this only means that the location of the tank farm would be close to a large body of water {sea/ocean}. These factor has limited the distribution and spread of tank farms in Nigeria with most of them located in Lagos, Port Harcourt, Warri and Cross River areas where large body of water exist with Lagos accounting for over 65% of the product distribution network in the country.
The northern states in Nigeria are usually land-locked in nature and at such to get the products to there areas , one would require the use of trucks especially since the collapse of the rail system in Nigeria.
The influx of trucks into the Lagos metropolis for the purpose of lifting and loading refined petroleum products has no doubt created a lot of traffic congestions for commuters especially in areas where these tank farms are stationed.
In order to mitigate these traffic problem as a result of trucks parking along the road,the Lagos state government established the Bola Ahmed Tinubu Truck Terminal at Orile-Iganmu with a capacity to accommodate 1000 trucks .Similarly,the neighboring Ogun state established a truck terminal in the state but inspite of all these investment ,more still needs to be done especially if you add to the fact the construction of the Lagos-Badagry expressway would take about 50% of the holding capacity of the Bola Ahmed Tinubu Truck Terminal at Orile-Iganmu.
These unconventional investment opportunity in the oil and gas industry in Nigeria is open to any savvy investor to take advantage of and make good returns .
Construction of truck terminals is one of those project that government is interested in partnering with interested investors to develop and can be seen as the real estate aspect of the oild gas industry and like you know ,real estate investment is one of the best investment windows in the world.Once the structure is on ground, it continues to make money for the investor.
To continue reading this article and other investment opportunities in Nigeria, please do click on the link below
INVESTMENT OPPORTUNITIES IN TRUCK TERMINAL OPERATIONS IN THE OIL AND GAS INDUSTRY IN NIGERIA.
Should you require a market research report on the above subject matter, please do contact us.
Get our market intelligence report on the following related topic by clicking on any of the titles below
1. SETTING UP A HAULAGE BUSINESS IN NIGERIA; THE REPORT.
1. SETTING UP A HAULAGE BUSINESS IN NIGERIA; THE REPORT.
At
Foraminifera Market Research {www.foramfera.com}, we provide bespoke
and up to date market research reports for start-ups and those already
in business.
Our
reports are designed to assist start-ups to understand the legal and
financial requirements of starting the business, the market trends
vis-a-vis demand and supply, competition, risk identification and
mitigation strategies.
Do
you require one- on- one consultancy on the subject matter? Contact us
with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}
Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.
Like and Follow us on
Twitter: https://twitter.com/fmarketresearch
HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The
training cuts across different segment of the economy to include
Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining
and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism
and Transportation and are facilitated by seasoned professionals in
their respective fields.
Please do visit the link below to access available training programmes
Foraminifera
Market Research is a dynamic market intelligence company providing
comprehensive market research solutions and strategic intelligence
services to start-ups and existing businesses in Nigeria.
We
prepare business plan, feasibility study and market report for the
small and medium scale industries and develop the entrepreneurial
capacity of our client with the aim of providing the much needed
business data in Nigeria.
In
keeping with our vision of providing services that adds value to our
clients business and resources to develop their business into a strong
and visible global brand, we would like to introduce to you to our
sister websites
www.nigeriaoilandgasportal.com {The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com {Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}
