{"id":288322,"date":"2020-02-13T11:42:24","date_gmt":"2020-02-13T10:42:24","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=288322"},"modified":"2020-04-15T00:03:29","modified_gmt":"2020-04-14T23:03:29","slug":"gas-business-in-nigeria","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/gas-business-in-nigeria\/","title":{"rendered":"Gas Business in Nigeria: How to Get Started"},"content":{"rendered":"

There are major changes in the consumption of propane gas<\/a> in Nigeria. Although many will like to make use of electricity but the lack of it begs for the use of other alternatives. Many now see the usefulness and convenience of the gas as a substitute for kerosene. Gas is non – arguably a better alternative to kerosene because it cooks food faster and is also cheaper. A recent study shows that Nigeria consumes 110,000MT of cooking gas per annum. Gas is now an essential commodity and is a business worth delving into. Even in times of recession, petroleum products do not run at a loss, more so fuel used for cooking, since people will always eat and cook.<\/p>\n

Gas Business in Nigeria: How to Get Started<\/h2>\n

\"Gas<\/p>\n

Are you are an investor or one who simply wants to go into business, cooking gas business is one you should consider. This article provides information on gas business in Nigeria and all you need to know in order to get started and thrive.
\nPropane Gas<\/a> is not like every other consumable product, such as raw food. There are a number of things that would have to be put into consideration before you can start this business in Nigeria.<\/p>\n

Factors to consider in order to start a Gas Business in Nigeria<\/strong><\/h3>\n

Feasibility Studies and Market Survey <\/strong><\/h3>\n

Any new business you want to get into requires that you conduct a feasibility study and market survey. A feasibility study enables you to make good decision regarding the business and gives you insight such as the most suitable locations to set up your business, likely competitions, estimated cost and start-up capital needed for the business, the kind of training needed to be able to manage the business effectively and other things needed to set up and manage the business.<\/p>\n

Land or office facility<\/strong><\/h3>\n

Every business that sells a product needs space to function. However, in the case of the business of distributing cooking gas, the aspect of the land is even more crucial. This is because of the environmental and health implications and safety required because of the cooking gas. One of the establishments which regulate a business that has to do with petroleum products is the Department of Petroleum Resources. In accordance with the stipulations and requirements of the DPR (Department of Petroleum Resources), the plant must be situated at least 15 meters from any building containing flammable materials. This includes residential buildings etc. Your location must be considered safe when the DPR comes for inspection and can be checked by a hydraulic cylinder maintenance technician<\/span><\/a>. This is one of the first passes you must have before your application can be approved by DPR.<\/p>\n

Register a Business Name<\/strong><\/h3>\n

It is important that you choose a business name that is attractive for your cooking gas business. This business name must also be legally registered with the corporate affairs commissions in Nigeria.<\/p>\n

It is also important that you separate your business from yourself. Hence, the more reason why you need to register a business name. This would give the business a face and a brand name.<\/p>\n

Apart from supplying cooking gas to homes and residences, you can also supply cooking gas to organizations, hotels, schools, big clubs, restaurants etc. Many of these big organizations would not want to do business with you if they see that your business is not registered or corporate enough. Registering your business name sets you apart from just any roadside kind of business and would also make future clients consider you serious and one they can work with.<\/p>\n

Capital and Labour<\/strong><\/h3>\n

There is no business that you wouldn\u2019t need capital and you would need a lot of this in order to start your cooking gas business. Capital is needed to buy all the equipment needed. Capital is also one of the pre-requisite that the DPR would look out for.<\/p>\n

Purchase the Needed Equipment and Business Tools<\/h3>\n

Some of the equipment and tools you will need in order to start your cooking gas distribution business are:<\/p>\n