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Where to Buy Kerosene Locally to Start And Grow Your Kerosene Business Fast


I remember last time I posted the preview article on "Kerosene Business And Cyber Café Business: Which Is More Lucrative?" In this blog. This is long time.

So if you do not read it before, please notice it for more information by clicking this to read which business it is more profitable.

First of all, let’s make a case study what a Nigerian woman shared her testimony in the SUN newspaper I read a long ago. 

This woman, Olufunmilayo Olaupo, who graduated as Chemistry started the kerosene retail business with 500 litres because she still did not find a good job she looked for. 

She wanted to start 5,000 litres of kerosene in her business.

But as for her financial limits, she decided to start to buy her first consignment (5000 litres) as her sisters assisted her by making additional cash. 

Her cousin who worked at NNPC, Ejibo depot introduced her to the kerosene business because he learned that she did not find a job she looked for. 

With his financial assistance, she was able to get a surface tanker for her business.

From there, she was able to gradually grow from 5000 litres to 10,000 litres selling profitably in the riotous and tough neighborhood at Mile 12, Lagos, Nigeria and from 10,000 litres to 33,000 litres on a regular basis. 

With this, she felt so comfortable because the profit margin was so good and she said she did not need a paid job.

Even if she was offered a best paid job, she would not give up her kerosene business because of good turnover daily.

With this, she had an opportunity to move to put another 10,000 litres surface tanker in another location as a branch. 

Her husband who still did not find a job after graduating was also encouraged to join her business. It is a good example you should apply.

According to Damilola Ibironke I read in the Success Digest Extra newspaper last time, kerosene storage and sales business is one of the easiest and cheapest oil and gas business any person whether male or female, the deaf or hearers, can invest in. 

Remember this is my paraphrase. Kerosene business is a very lucrative business, but it is as well very volatile.

So you have to constantly watch the market. Some people can make money from N30 or N40 on a litre of kerosene. 

Sometimes, when you get kerosene from the depot at N130, you sell it at a retail of about N200 or N250. 

If there is no scarcity, you can make money between N10 and N35 per litre on kerosene daily. Therefore, kerosene is highly lucrative if done properly.

The following steps I should like to offer how you can grow your kerosene business quickly are as here:

Step 1: Start with whatever you have.

Step 2: If you don’t have money enough to buy a surface tanker drums, buy plastic kegs. 

But the trick to grow your kerosene business fast is to start with a few plastic kegs, to see how well your patronage is before you buy either a drum or a surface tanker for the purpose of more litres of kerosene.

Step 3: Buy funnels, jerry-cans, hose, etc.

Step 4: Look to choose where there is dense population in good-home environment, to set up a business there in front of passserbys on the road or in the street.

Step 5: Go get cheap kerosene from NUPENG at Mushim, Lagos-Ibadan express if you are in Nigeria. Or ask people where where you can get cheap kerosene.

Step 6: Tell them how many litres you want to buy. I offer you to start 500 or 1000 litres, but you decide what litres you want to.

Step 7: Then sell people at affordable price. 

Don’t sell at hiking price if you want fast profit margin daily, or if you want your business to grow fast daily.

Step 8: Remember about a jerry-can you should measure carefully because the measurement of jerry-can is not right even you look it is right. 

For example, the 20 litre jerry can be actually about 25 litres when you fill to the brim and the 10 litre jerry can be actually 12.5 litre.

So you have been so careful about the jerry can. It can be applied same to all sizes. 

Remember about the transport cost of kerosene for your destination you need to add a charge on each litre you sell so that you can avoid losing your profit.

Step 9: Replace daily what you sell till your business grows strongly. 

Remember only record each time you sell and buy because it will help you to compare what you spend and sell. 

If your profit you sell is higher than what you spend, it show it is good, but if your profit you sell is less than what you spend, it shows how poor you control or you may mistake.

With sale record transaction daily, your kerosene business will grow fast. 

It will help you to monitor between the profit margin and lose in your balance.

Final Thoughts 

How is this article? I hope you enjoy this article? Any comment or add, you are welcome to this comment box below.

Related Posts

How To Start A Kerosene Business In Nigeria As A Major Depot Distributor


43 comments:

  1. Anonymous1:43 PM

    pls i wnt to start with little capital am at onitsha a liter here is 150 and retailers sell at 170 per liter. i dnt knw where to buy at a cheaper rate like 50

    ReplyDelete
    Replies
    1. Go to www.nnpc.com and look for list of Lagos addresses where you can buy cheap at #50. thanks

      Delete
  2. Anonymous8:26 AM

    how much will it cost to buy and transport 33000 liters of kerosene from Lagos to Kano?

    ReplyDelete
    Replies
    1. From Lagos to Kano, I dont know how much it costs you to buy and transport. Just ask NNPC marketers about the cost of transport from Lagos to Kano. Remember you may not profit much from kerosine business because of cost transport unless you focus as a major kerosine depot distributor.

      Delete
    2. Anonymous11:58 AM

      How do i become a kerosene depot distributor? What are d reguirements.

      Delete
  3. Hi, you can become a kerosine depot distributor through NNPC partnership. They will welcome any body any where who interest in business partnership. They dont require you something. But if you want to become a major distributor like big company like Total, Oando, etc for example, they require you to register as CAC and other thing. They require you to buy a land if you buy more than 33000. i want to stop because of time. thanks

    ReplyDelete
    Replies
    1. Anonymous2:22 AM

      I like you some much. I was surfing then bump into u. God bless u am pretty sure this years is urs. 08038156329. Send

      Delete
    2. Amen. thank you for your comment. the problem is that my friend who is a computer repairer still delays to repair my system when i wanted to plan to post which title is How to become a major depot distributor. Please bear with me. thanks for cooperation. Happy New Year to you and all readers.

      Delete
  4. Anonymous7:50 AM

    please continue with your explanation on kerosene depot distributor

    ReplyDelete
  5. Yes. i will by God's grace. I pray that my system will be restored. thanks for encouraging me to continue. May God bless you as you read it.

    ReplyDelete
  6. Anonymous8:42 AM

    i appreciate ur gud work it proved answer to what i wanted to know about kerosene depot

    ReplyDelete
    Replies
    1. Thank you for your comment. I enjoy you find it benefitical.

      Delete
  7. Anonymous2:43 PM

    thanks alot. pls if u can link to sincere marketer, i have a someone filling station i can use as selling point, but issue is d capital i can use to purchase it im ready for d business tanks. 08037404554

    ReplyDelete
    Replies
    1. Good. But I am sorry that i am not able to link sincere marketers to you because I live in Ibadan. All I can do to offer you is to meet representatives of independent marketers or independent marketers in Lagos. Or You can look for NUPENG drivers that do for independent marketers. Thanks.

      Delete
  8. Anonymous12:14 AM

    Thank you Mr. Joseph for enlightening us on this topic. I have actually got a place with 5000 tank but my challenge is how to buy from the depot. I have head many stories which says that I will pay the same transportation cost for my 5000 as most trucks in the deport is of 11000 to 15000 capacity. Could you please help me on the process, or direct me to someone if you have. I am in Lagos.

    ReplyDelete
    Replies
    1. Thank you for comment. I think I may pick someone' phone number up whom I read in the SDE newspaper some years ago back to connect you by giving you later when I have time. all you do is to tell them you want to buy from the depot. Remember the big truck driver may not access unless you have a group that want to be a kerosine marketer so that your transport cost can be reduced.

      Or you can look where the small truck driver with NUPENG often provide small kerosine-retailing marketers and then meet them, explaining them where you can get kerosine from the depot. And they will help you out.Thank you.

      Delete
  9. Anonymous7:42 AM

    Thanks once again Joseph for your prompt and useful response. Should you eventually get the phone no, you can send it to me using my email address ikokoli@yahoo.com.

    God bless you.

    ReplyDelete
    Replies
    1. yes, I will send you soon because I lost a address when I was on my way to Cyber cafe. Thanks for keeping coming back to this blog for information.

      Delete
  10. Titilayo1:32 AM

    Good day My Olysanya, pls I don't have much, I jus want to start with 4drums in my local Area at Ikorodu, Do I need to go to NNPC or how can I go about it?

    ReplyDelete
    Replies
    1. Dear Titilayo,

      Please dont say I dont have much. It is negative. Whatever you have start with it and it work. it is good that you can start with 4 drums in your local area. it is enough till your profit is improved well.
      Go there and know what they require this or that before you decide.

      But dont pay somebody else for the product without collecting receipt from them in personality. Don't go home, hoping them to come to your place themselves with load of kerosine. You must go with them there where you operate there. thanks.

      Delete
  11. Anonymous12:37 AM

    Joseph dear

    I am still waiting for the phone no. I tried to buy from some other major sellers in the area where I have my tank, and for 1 week now after payment I have not seen the product. I was even told it added 1 naira after I have payment which I agree to pay but Is still have not seen the product.

    I sincerely need a good supplier. Perhaps if not for my tank which is just 5000L, I will have been going to the depot myself. But the challenge is that most trucks that transport the product from the depot are usually of between 11000 to 15000 capacity.

    Please I will need your help for a good and reliable contact that will supply me product without problem.

    Thank you.

    ReplyDelete
    Replies
    1. Are you sure you had not seen the product when you paid into major sellers? I am sorry. But I Advise you not to pay for the product without knowing where they operate there. it is dangerous.

      please give me your primary address so that I send you addresses where you can meet somebody in personality.

      I warn you again never send money to somebody else for the product and hope them to come to your place themselves. you must go there with money yourself and come with a small truck driver with load of kerosine yourself.

      People in Lagos are dangerous. Be careful yourself. The truth is that kerosine-retailing marketers do not want to tell me where they get kerosine cheap some where for the fear of losing kerosine customers to me as i tried to ask them some where.
      That is why I picked addresses where I read in the SDE newspaper. Thanks.

      Delete
    2. good day, i am interested in the business, i will need the contact of the addresses of the personality physically. Thanks. you can forwrd it to my email add. opeyemiasho03@gmail.com. God bless you

      Delete
    3. thank for your comments. I tried to send you an email, but it still did not work. I think your email may be not right. However, I am sorry that I am not able to get contacts for you I tried some times as I wanted to help someone who asked me for contacts. By God's grace I will try it again by looking out. Thanks.

      Delete
  12. Hello
    This is a gud thing that you are doing.keep it up please.THe lord bless you .Please am interested in kerosene business and preferably in Ibadan.Right now I have financial constraints and my availability .
    But when am ready ,can you be of help?if Yes,can I have your phone no or email?mine is swettybukkie@gmail.com thanks

    ReplyDelete
  13. Welcome, Mama. Thank you for comment. Remember I am not a marketer. I just help people to find business by sharing with them.
    However, I don't care about your financial constraints. I care how you can start and build your great success in kerosine business.

    Use your brain to think,think and think about how you can start your kerosine business since you financial constraints.it will help you find the money solution.
    sorry, mama. I may not be able to give you my phone no or my primary email for one reason or others. You may not believe who I am. I am physically challenged. Thanks for reading this article.

    ReplyDelete
  14. Thank for your enlightment, God Almighty will continue to bless and strengthen you. Iam planning to start retail kero business in a local area. I want to start with 1000litres, what advise can you give me and the necessary procedure.

    Mutiu.

    ReplyDelete
    Replies
    1. Thank you for your comment. My advice is that you should look the price trends so that you may not lose profit. The best thing you can make money from from the price trends is to buy more volumes at low price. the second is that you find a supplier ensure that he is reliable or trustworthy.

      I think that the necessary procedure may not be necessary since you go into kero business as a retailer. But for a tank, you need to paint blue on it.
      The third is that for a jerry cans, you should be careful the way you measure since its size is not right. Please read it above the title again.
      thanks.

      Delete
  15. This is my e-mail: chemicalengr@engineer.com

    Mutiu

    ReplyDelete
  16. This comment has been removed by the author.

    ReplyDelete
  17. Anonymous2:38 AM

    Good day! Would you mind if I share your blog
    with my twitter group? There's a lot of folks that I think would really appreciate your content.
    Please let me know. Thanks

    Here is my website :: clash of clans triche gemmes ()

    ReplyDelete
    Replies
    1. Thank you. But I do not see your website. I might allow you to show my content on your Twitter group only if you put my blog link on yours in your own opinion about it. I do not allow it duplicated.

      Thanks for cooperation.

      Delete
    2. Anonymous3:36 PM

      Good day & God bless u immensely for ur work. Would like to start with Jerry cans to test the market. Since i stay in Lagos, Mushin NNPC might be a good place to strt. Pls what's the minimum quantity I can buy?

      Delete
    3. Thanks for appreciation. you decide how many quantities you want to buy for business.

      If you find you are well-patronage, then you buy more quantities.

      One of the secrets you can profit daily is to sell more volumes of kerosine at low price compared to the public marketing price.

      Delete
  18. Anonymous3:57 AM

    I’m janices by name. I live in USA, i want to use this medium to alert all loan seekers to be very careful because there are scammers everywhere.Few months ago I was financially strained, and due to my desperation I was scammed by several online lenders. I had almost lost hope until a friend of mine referred me to a very reliable lender called Rev. John who lend me an unsecured loan of $85,000 under 2hours without any stress. If you are in need of any kind of loan just contact him now via: SANGQIANGCASHLOANS@YAHOO.CO.ZA I‘m using this medium to alert all loan seekers because of the hell I passed through in the hands of those fraudulent lenders. And I don’t wish even my enemy to pass through such hell that I passed through in the hands of those fraudulent online lenders,i will also want you to help me pass this information to others who are also in need of a loan once you have also receive your loan from Rev. John , i pray that God should give him long life.

    God bless him forever.

    ReplyDelete
  19. Thank you for offering this opportunity, Mr.Bravo. Are you sure you can serve small-scale or medium-scale entrepreneurs who need loans?

    Can you lend them in any country if you are outside these countries?
    I doubt it. I do not hear it much. I am scared to guaranteed readers online it is original. I was attacked by loan spammers some times who sent me comments in this blog.

    I am sorry. It is your responsibility to analyze whether it is true or false. Thanks.

    ReplyDelete
  20. Anonymous2:31 AM

    Thanks a million for this wonderful sharing, am just wanting to start this biz but I need to understand the requirements like u said don't pay money to anybody go there and see how it works. Do u ve address of where to get supplies and is there any fee attached to becoming a retailer

    ReplyDelete
    Replies
    1. thank you for appreciation. How you find this blog?

      No, I do not have suppliers' addresses you look for. I try it some times but I still do not find it. what you can do is to meet kerosine suppliers at Muslm-Lagos. But be careful, you know what Lagosins are? Please read readers' comments above there.
      in Ibadan where I live, i see there are among kerosine suppliers from filling stations there, but i am not related to them well. I am afraid whether they are honest. Thank you for reading.

      Delete
  21. Good pm sir, i went through ur write up and find it quite useful, pls av been nursing dis idea of leaving my job and start this kerosene biz,want to start with 1000 ltrs to test the market.I can afford to pay for 5000 ltrs tank Pls is dis advisable. I need ur advice pls.

    ReplyDelete
    Replies
    1. Bukky, dont leave your job. You can do it on part-time basis. It is good. To succeed in kerosene business start with 1000 ltrs tank and test to see if your business is hot. and you will lose customers to big players if filling oil station has kerosene near you any where within location at cheap price.

      Delete
  22. Pls want to start kerosene business say with 500liters, I reside in Edo state akoko Edo l.g.a. pls how do I do locate a major distributor in my locality tnx God bles.a

    ReplyDelete
  23. Good day sir, please say I would love to meet you at here in ibadan, I want to start kerosene business...

    ReplyDelete
  24. God day sir.i'm a kerosene seller at enugu.can you link me to anybody who can be giving me kerosene at cheeper price. I have overhead tank and I buy up to 5000 liters

    ReplyDelete