Petrol Filling Station

Our Petrol Filling Station Business Plan in Nigeria is constantly updated and can be used to access bank loans, proposal writing and grant applications. The business plan was complied after a thorough feasibility study on Petrol Filling Station Business in Nigeria was done

Petrol Station commonly called Filling station in Nigeria, is an outlet usually by the road side where refined petroleum products such as PMS (Premium Motor Spirit) Petrol, AGO (Automatic Gas Oil) Diesel, LPG (Liquefied Petroleum Gas) Gas, and DPK (Dual Purpose Kerosene) Kerosene are sold to customers by pump.

Petrol filling station business in Nigeria is very lucrative because of the high demand of these petroleum products in the country. Nigeria is one of the highest consumers of petroleum products in Africa and this is due to several reasons. One of the reason is because of the population of Nigeria. Nigeria is the most populated country in Africa and has the largest economy the whole of Africa.
Another reason why this business is mouth watering business is because of inadequate power supply in Nigeria. Companies, homes, hospitals, vehicles, small scale businesses need this petroleum products to function in their day to day activities and as a result the demand for petroleum products are always high.

There are different ways to venture into this line of business, which ever one you would prefer is fine.
1. Reliant Filling station
2. Autonomous Filling station

Reliant Filling station – This is a dependent oil marketer that holds the product of another marketer in its filling station. This is like building your business from an already existing major oil business.
This kind of filling station gets almost everything easy because all you need as regards products are being supplied to you with ease when and how you want it. Some reasons that can affect you negatively is that the business is influenced by the terms and policies of the major marketers and the price to buy from them is usually higher because of all they benefits you gain from them.

Autonomous Filling Station – This is an independent oil marketer that owns his own filling station. This filling station runs independently by the owner who have purchased representative at the Petroleum Products Marketing Company (PPMC) and buys directly from the Nigerian National Petroleum Corporation or any oil and gas company.

Owning your own filling station means you are in charge of everything, the logistics, how the supplies are done, how the products are delivered to your filling station, whether you are using an in house logistics or employing a logistics company.

You are in charge of your terms and policies, the fortitude on how to make your business a popular one is solely in your hands. You can start with at least 2-3 tankers, and each is like 33 thousand litres.

Petrol Filling Station Feasibility Study

Setting up a Petrol filling station requires so much. There are lots of things you must take cognizance of. Oil business generally is capital intensive so that should at the back of your mind.
The most important thing to do is to first of all register the business with the Corporate Affairs Commission. This is very important because it gives you the legal standing to do this business.
There are some vital bodies you will need to get license from and the process is not difficult at all.
You need license from this bodies
NNPC – Nigerian National Petroleum Corporation
DPR – Department of Petroleum Resources
PPMC- Pipeline and Products Marketing Company
PPPRA – Petroleum Products Price Regulatory Agency

Location is the bedrock of this business aside the capital you need for this business, location is everything. You do not want your business setup in a bad location because this will mean that irrespective all the money put up to start up the business,it would not yield as much as it would and nobody wants that so where your business is located is very important and can not be overemphasized.

Preferably Petrol filling station should be by a major road so it can be easily accessible by vehicles. It’s should be spacious to accommodate vehicles coming in to purchase your product. The number of pump can be at least four, two for Petrol (PMS), one for Diesel (AGO) and one for Kerosene (DPK).

Knowledge is power, knowing all there is to know about this business is very important, the authorized body to register with, the necessary permit and requirements needed to run your own Petrol station.

Petrol Station business plan is very important, because this help you know all there is to know about this business. How to start, capital needed, method of operation, etc. A business plan is a like a road map for business and that is why is highly recommended for a successful Petrol station business in Nigeria.

To place an order, pay N20,000 to

GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472

Storage tank is another important aspect to consider when setting up a Petrol filling station. All of this different products will have their own underground storage tank. The size of the underground tank depends on the size of the filling station and of course the amount of capital you have to setup the business.

Petroleum products are highly inflammable so all safety measures must be adhered to at all time. Nothing should be taken for granted. Signs and notice should be placed on areas where they can easily be seen or noticed. The attendants should be trained and cautioned. Careful and smart people should only be the ones in the area of the station.

To thrive in this business is easy, all you need to do is put all the necessary skill and knowledge into place. Petroleum products are always need so is a certainty that you must make sales.

Our sample Petrol Filling Station Business Plan in Nigeria can be used to access bank loans, proposal writing and grant applications. The business plan was complied after a thorough feasibility study on Printing Press Business in Nigeria was done.

Get Your Petrol Filling Station Business Plan In Nigeria / Feasibility Study. To place an order, pay N20,000 to

GTBank (Guaranty Trust Bank)
Account Name – Uwadia Eyemeka
Account No – 0127561472

After payment text your name, send a text of your e-mail address to 07036785443 and you’ll receive your Petrol Filling Station Business Plan In Nigeria / Feasibility Study.

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