From June, 2013 Foraminifera Market Research would start publishing our E- magazine. The magazine would focus on investment and business opportunity in Nigeria. Be the first to get hot investment and business opportunities in Nigeria by subscribing to our E- Magazine, Investing in Nigeria.
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 research 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
Petroleum
products are among the most valuable natural resources abundantly
available in our country. Nigerians and people everywhere use petroleum
products as a fuel in their automobiles, generating sets, industrial
plants and for cooking purposes, thus making petroleum products an
essential commodity that is needed for the daily operations of
individual, industrial and national activities.
Nigeria
being an oil producing nation however still relies on imported
petroleum products for the servicing of the economy. Such petroleum
products as Petrol (PMS), Diesel (AGO) and kerosene (DPK) are products
utilized by almost everybody on daily basis at an average of 60 million
litres daily usage. Due to increasing level of standard of living, more
Nigerians are increasing the number of cars on the road, the need for
constant power supply to aid uninterrupted production of goods and
services and also for domestic use more Nigerians are increasing the
demand for fuel in order to enjoy the usage of their generating sets and
industrial plants.
This
report highlights the financial viability of establishing a refined
petroleum product supply business that seeks to source to the products
from tank farms/ depot and supply same to local industries,
telecommunication site, eateries, filling stations etc.
With
a population of over one hundred and sixty five million { 165,000,000}
people ,growing at the average rate of 2.7% per annum and an economic
growth rate of about 5.7 % in the past five years, the market for
refined petroleum products in Nigeria, established ,growing and
sustainable.
The
nations demand for refined petroleum products currently stands at an
estimated sixty million {80,000,000} liters for Premium Motor Spirit
{PMS}, Dual Purpose Kerosene {DPK} and Automated Gas Oil {AGO} per day.
i. Petrol (Premium Motor Spirit) - 40,000,000 ltrs
ii. Diesel (Automotive Gas Oil) - 25, 000,000 -30, 000,000 ltrs
iii. Kerosene (Dual Purpose Kerosene) - 20, 000,000 ltrs
PMS: Premium Motor Spirit (Petrol)
Petrol
is a complex mixture of hydrocarbon produced by mixing factions
obtained from the distillation of crude oil with brand –specific
additives to improve performance. Under normal conditions, it is a
volatile liquid with a characteristic odour.
The
product can be sourced from any of the tank farm/depot scattered across
the country. Depot exists in Lagos, Warri, Port Harcourt and Calabar.
It is advisable that the investor sources the product from the point close to the point of discharge.
The
growth and development of any community/nation/country is dependent on
power. Self development sustenance and empowerment are all determined by
power. A nation can only develop with power. However, the case is
different in Nigeria as power is either epileptic or non-existent. This
is what has caused many industries (which include: small, medium and
large scale) to migrate to neighboring countries where they would be
able to thrive well.
Hence
the only solution is for companies to create their own source of energy
production in order to keep in business. A lot of individuals have
capitalized in this area and made so much money in this regards, making a
good livelihood and Sustenance area for themselves
The return on investment on the trading of PMS ranges from 20% - 50% per transaction.
You can order our detailed feasibility report on refined petroleum products trading to local industries in Nigeria by clicking on the link below.
Report Title: HOW TO SECURE AND EXECUTE LOCAL PURCHASE ORDER {LPO} FOR THE SUPPLY OF REFINED PETROLEUM PRODUCTS.
Report Code: FORA/010/2012/060
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}
E-Mail Address: enquiries@foramfera.com
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
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.nigeriabusinessplace.com {Online Business Forum}
The
details in this article is based on information from various sources
that we believe are reliable; however no representation is made that it
is accurate or complete. While reasonable care has been taken in
preparing the articles, no responsibility or liability is accepted for
errors of fact or for any opinion expressed herein. The articles are for
information purposes only.
Foraminifera
Market Research accepts no liability whatsoever for any direct or
consequential loss arising from any use of the articles or its contents.
The
articles are for private circulation only and may only be distributed
freely in its entire form. Any other use without the prior express
consent of Foraminifera Market Research is prohibited.
