How To Start Cooking Gas Business in Nigeria (Best Guide)

Best Guide on How To Start Cooking Gas Business in Nigeria

The oil and gas industry is the most lucrative business in Nigeria since crude oil was found. The oil and gas industry currently plays a huge role in the growth and development of Nigeria’s GDP. The only problem here is the huge funds required to start it. But in this post I will show you how to start cooking gas business in Nigeria, so make sure to read this post to the very end.

Depending on how you want to run your cooking gas business, will determine the amount of capital you’ll need to start up. This is because the business can be capital intensive.

Read Also: How to start a lucrative poultry farming business in Nigeria

Is Cooking Gas Business a Profitable in Nigeria?

Globally, due to high rate of use of cooking gas in the homes and other sectors, Liquefied Petroleum Gas (LPG) market has propagated and attaining enormous growth.  Furthermore, the adoption of LPG (Liquefied Petroleum Gas) has been globally approved by every country including Nigeria because of its low greenhouse effect.

Read Also: How to Start a profitable cat fish farming business in Nigeria

Who are your Target Markets

Liquefied Petroleum Gas is a thermal fuel, primarily used and consumed by industrial, commercial and household consumers. It is a fuel that burns cleanly with low emission of  sulfur oxide which is not a pollution to the environment.

The major target markets are;

Read Also: How to start Grasscutter farming  Business in Nigeria

  1. Industrial Customers: It serves as a source of heat where there is need for controlled temperature, i.e car industry, paint shops or even as fuel in other to lift trucks within warehouses, etc.
  2. Commercial Customers: These includes, for instance, a shopping center (Shop rite) consisting of a number of restaurants within it that may have one big tank of Liquefied Petroleum Gas reticulated to individual restaurants/stores.
  3. Household Customers: Liquefied Petroleum Gas is solely used in the household by customers for cooking and heating purposes. Recently, residential estates example (GRA) have also started installing this Liquefied Petroleum Gas reticulation system in other to supply gas to different properties within the estate.

Read Also: Guide To Start A Perfect Pig Farming Business in Nigeria

Methods on how to start cooking gas Business in Nigeria 

The Wholesale Method: This method normally involves huge capital. You’ll need a land or good visible site to install your LPG storage Tank. Also this requires other Assets like Generators, Furniture, Buildings, etc. The best advantage of the wholesale method is that it enables you to serve all the target markets with ease.

And customers do prefer to refill their gas from Gas stations because it’s cheaper there.

How to start cooking gas business in Nigeria

A wholesale Liquefied Petroleum Gas site

The Retail Method: This type of business method only targets a specific niche in the market and that’s the household consumers. What you need here is just a shop, more LPG cylinders, an automatic weighing machine etc.

Automatic gas refilling machine

A typical example of an automatic gas refilling machine.

Below are the Steps on How to Start Cooking Gas Business in Nigeria

Starting a cooking gas requires an intensive capital for start up although it may vary depending on your business plan. And also the target market of your choice.

Read Also: Best Guide to Start Furniture Business In Nigeria

Below are the steps in starting this Business;

  1. Acquire a land or Rent a shop
  2. Registration of Business
  3. Source for funds
  4. Buy a diesel Generator (e.g Mikano)
  5. Installation of Liquefied Petroleum Gas Storage Tank
  6. Gas supply Trucks
  7. Buy Pipes
  8. Purchase gas cylinder weighing scale
  9. Employ relevant staff

Read Also: Complete Guide to start A Lucrative Rabbit Farming Business in Nigeria

Full Procedure On How to start Cooking Gas Business in Nigeria

Acquire a Land or Rent a shop:

Depending on your vision and business plan, you can go for 2 plots of land or more. This site should be big enough to accommodate all your business properties. Starting with the buildings, LPG storage tank, and also the site should easily identifiable.

Read Also: How to Start A Wealth Generating Snail Farming Business in Nigeria complete Guide

On the other hand, if your target market is of a particular niche, then you should rent a good shop so as to keep start up cost low.

Register your Business:

You’ll need to register your business with the Corporate Affairs Commission in Nigeria with about 10,000. Furthermore, endeavor to obtain your Tax Identification Number (TIN) and always file for tax returns to avoid Tax Officials harassment.

Source For Funds:

Make sure that you have enough funds before you embark into this business. If you don’t have enough fund, you can also obtain loans from your banks in Nigeria.

Buy a diesel Generator (e.g Mikano):

Because of Nigeria’s poor power supply, it is best for you to buy a good generator set that will supply electricity to your site.

Installation of Liquefied Petroleum Gas Storage Tank:

It is best to hire a specialist to do all the gas plant installation because gas products are highly inflammable. Therefore, the installation of the storage tank or gas plant needs a special care.

Read Also: Top 15 Profitable small business ideas to start up in 2020

Gas supply Trucks:

You should have gas trucks which will always be present for gas supply to your gas plant.

Employ Relevant Staff:

You need to employ some staff, train them and also pay them well so as to make them work harder. Try your best to keep good relationship with your staff especially the key ones and less useful ones, you should know what to do.

Conclusion:

Let me give you an estimate of what a Liquefied Petroleum Gas refilling station with everything will cost. Although it depends, but you should be looking at minimum N20 million to start up.

Then for retailer LPG refilling shop you will needing a minimum of N400,000. This is just the estimate of the amount for everything including the shop rent, Gas cylinders, and installation. So with all these detailed information I believe I have given you all you need to know on how to start cooking gas business in Nigeria.

Remember to share with your friends and also give us feedback with the comment box below. Thanks

Likeshare button

yout 300x87 1

👉 Open a free USA bank account from any country in the world and perform Online transactions

Copyright Warning!

We work really hard and put a lot of effort and resources into our content, providing our readers with plagiarism-free articles, original and high-quality texts. Contents on this website may not be copied, republished, reproduced, redistributed either in whole or in part without due permission or acknowledgement. Proper acknowledgement include, but not limited to (a) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes, (b)"FAIR USE" in the case of re-publication on online media. About possible consequences you can read here: What are the consequences of copyright infringement? In an effort to protect our intellectual properties, we may report your website to Google without prior notice and your website be removed from search engines and you may receive a strike. All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA).

114 thoughts on “How To Start Cooking Gas Business in Nigeria (Best Guide)

  1. Hey! I know this is kinda off topic but I was wondering which blog platform are you using for this site? I’m getting sick and tired of WordPress because I’ve had issues with hackers and I’m looking at alternatives for another platform. I would be great if you could point me in the direction of a good platform.

  2. Wonderful goods from you, man. I’ve understand your stuff previous to and you are just extremely wonderful.
    I actually like what you have acquired here, certainly like what you are stating and the way
    in which you say it. You make it enjoyable and you still care for to keep it smart.
    I can’t wait to read much more from you. This is really a wonderful site.

    Here is my homepage Lenora

  3. I was curious if you ever thought of changing the page layout of
    your blog? Its very well written; I love what youve got to say.
    But maybe you could a little more in the way of content so people could
    connect with it better. Youve got an awful lot of text for only having 1 or 2 pictures.
    Maybe you could space it out better?

  4. I just like the helpful information you provide for your articles.
    I will bookmark your blog and test again here regularly.
    I am reasonably certain I will be informed many new stuff
    proper here! Good luck for the following!

  5. Hi, I do think this is a great site. I stumbledupon it ;
    ) I may revisit once again since I book marked it.
    Money and freedom is the greatest way to change, may you be rich
    and continue to help other people.

  6. I love what you guys are up too. This sort of clever work and reporting!
    Keep up the excellent works guys I’ve included you guys to my own blogroll.

  7. Nicely written and done!
    I started blogging myself recently and realised lot of
    people simply rework old content but add very little oof worth.
    It’s great to see an informative write-up of sopme true value to yojr readers.

    It is actually going down on the list of factors I need tto replicate being a new blogger.
    Audience engagement and material value are king.

    Some excellent ideas; you’ve most certainpy managed
    too get on my list of sites to follow!

    Carry on the terrific work!
    All the best,
    Murvyn

  8. Attractive component to content. I simply stumbled upon your weblog and in accession capital to
    assert that I acquire actually enjoyed account your weblog posts.
    Anyway I’ll be subscribing for your feeds or even I fulfillment you get admission to consistently fast.

  9. Hi there, I found your blog by means of Google at the same time as
    searching for a comparable topic, your website came up, it looks great.
    I have bookmarked it in my google bookmarks.
    Hi there, just was aware of your weblog thru Google, and found that it is really informative.

    I’m going to be careful for brussels. I will be grateful for those who proceed this in future.
    Numerous people will likely be benefited out of your writing.
    Cheers!

    1. A lot of thanks to you for this feedback.

      I am really happy you found this little piece very informative.

      We are at your service. Hope you do come back for more interesting articles like this.

  10. An impressive share! I have just forwarded this onto a colleague who
    has been conducting a little research on this.
    And he in fact bought me lunch because I found it for him…
    lol. So allow me to reword this…. Thank YOU for the meal!!
    But yeah, thanks for spending some time to discuss
    this matter here on your website.

    1. Wow!!!

      I am really flattered and happy that you found this piece of content very informative and helpful.

      Thanks a lot for the feedback we do appreciate.

      Remember to come back for more interesting articles like this.

  11. We stumbled over here by a different page and thought I should check things out.
    I like what I see so now i’m following you. Look forward
    to looking over your web page again.

  12. Have you ever thought about creating an e-book or guest authoring on other blogs?
    I have a blog centered on the same information you discuss and would love to have you share some stories/information.
    I know my subscribers would appreciate your work. If you’re even remotely interested, feel free to shoot me an email.

  13. Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite some time and
    was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything.

    I truly enjoy reading your blog and I look forward to
    your new updates.

  14. This is very attention-grabbing, You are an excessively professional blogger.
    I have joined your rss feed and sit up for searching for more
    of your great post. Additionally, I’ve shared your site in my social networks

  15. Its like you read my thoughts! You appear to grasp a lot approximately this, like
    you wrote the ebook in it or something. I think that you just can do with a
    few p.c. to power the message home a little bit, but other
    than that, this is fantastic blog. An excellent read. I will certainly be back.

  16. you’re truly a just right webmaster. The website
    loading velocity is amazing. It seems that you’re doing any unique trick.
    Moreover, The contents are masterpiece. you’ve done a magnificent activity in this matter!

  17. I simply couldn’t go away your web site prior to suggesting that I actually loved
    the standard information an individual supply for your guests?

    Is gonna be again incessantly in order to inspect new posts

  18. Hello there, I discovered your web site by means of
    Google whilst searching for a similar matter, your website got here up,
    it appears great. I’ve bookmarked it in my google bookmarks.

    Hi there, simply changed into alert to your weblog thru Google, and found that it is really informative.
    I am going to watch out for brussels. I will be grateful in the event you continue this in future.

    Lots of folks will be benefited from your writing.
    Cheers!

  19. Magnificent goods from you, man. I’ve take into accout your stuff
    previous to and you are just too wonderful. I actually like what you’ve got right here,
    certainly like what you are saying and the best way wherein you are
    saying it. You’re making it entertaining and you still take care of to stay
    it smart. I can’t wait to read much more from you.
    That is actually a great web site.

  20. I simply couldn’t depart your web site before suggesting that I actually loved the standard information a person provide to your guests?
    Is going to be back continuously to inspect new posts

  21. Sweet blog! I found it while searching on Yahoo News.
    Do you have any tips on how to get listed in Yahoo News?
    I’ve been trying for a while but I never seem to get there!

    Many thanks

  22. Write more, thats all I have to say. Literally, it
    seems as though you relied on the video to make your point.
    You clearly know what youre talking about, why throw away your intelligence on just posting videos to your blog when you could
    be giving us something enlightening to read?

  23. Hey I know this is off topic but I was wondering if you knew
    of any widgets I could add to my blog that automatically tweet my newest twitter updates.
    I’ve been looking for a plug-in like this for quite
    some time and was hoping maybe you would have some
    experience with something like this. Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward to your new updates.

  24. Hey there this is kinda of off topic but I was wanting to know if blogs use WYSIWYG editors or if you have to manually code
    with HTML. I’m starting a blog soon but have no coding knowledge so
    I wanted to get advice from someone with experience.
    Any help would be enormously appreciated!

  25. I’m extremely impressed with your writing talents as well as with the layout in your weblog. Is that this a paid theme or did you modify it yourself? Either way keep up the nice quality writing, it is uncommon to see a great blog like this one these days.

  26. Thanks for the marvelous posting! I seriously enjoyed reading it,
    you will bbe a great author.I will rememer to bookmark
    your blog and will eventually come back in the future.
    I wantt to ncourage that youu continue youyr great
    posts, have a nice day!

  27. Nice blog! Is your theme custom made or did you download it from somewhere?
    A theme like yours with a few simple adjustements would really
    make my blog jump out. Please let me know where you got
    your theme. Many thanks

  28. Hey there! I really could have sworn I’ve been to this website before
    but after browsing through a number of the post I realized
    it’s a novice to me. Anyhow, I’m definitely glad I found it and I’ll be bookmarking and checking back frequently!

    Here is my web site DannieLAlosa

  29. What’s Happening i am new to this, I stumbled upon this I have discovered It absolutely useful and it has helped me out loads.
    I’m hoping to give a contribution & assist different users like iits helped
    me. Good job.

    My website: Smart iptv

  30. Howdy outstanding website! Does running a blog like this take a lot of
    work? I have absolutely no understanding of computer programming however I had been hoping to start my own blog soon. Anyway, if you
    have any suggestions or tips for new blog owners please share.

    I know this is off subject however I just wanted to ask. Thanks!

  31. Thanks for the marvelous posting! I seriously enjoyed reading it, you happen to
    be a great author.I will be sure to bookmark your blog and will often come back later in life.
    I want to encourage yourself to continue your
    great posts, have a nice weekend!

  32. you are really a good webmaster. The site loading speed is amazing.
    It sort of feels that you’re doing any unique trick.
    Furthermore, The contents are masterpiece. you’ve
    performed a great process on this subject!

  33. Fantastic blog! Do you have any tips and hints for aspiring writers?
    I’m planning to start my own site soon but I’m a little lost on everything.
    Would you recommend starting with a free platform like WordPress or go for a
    paid option? There are so many choices out there
    that I’m completely overwhelmed .. Any recommendations?
    Kudos!

  34. We are a gaggle of volunteers and opening a new scheme in our community.
    Your site offered us with helpful information to
    work on. You’ve performed a formidable activity and our whole community will probably be grateful
    to you.

  35. Hello very cool blog!! Man .. Beautiful ..
    Superb .. I will bookmark your web site and take the feeds additionally?
    I’m glad to find so many useful information here within the put up,
    we’d like develop extra strategies in this regard, thanks for sharing.
    . . . . .

  36. I know this if off topic but I’m looking into starting my own blog and was wondering what all is required to get setup?
    I’m assuming having a blog like yours would cost a pretty penny?

    I’m not very internet savvy so I’m not 100% positive.
    Any recommendations or advice would be greatly appreciated.
    Kudos

Leave a Reply

Your email address will not be published. Required fields are marked *

WhatsApp Us
1
Need help?
Hello!! How can we help you?