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Sunday, 02 December 2012 15:42

HOW TO BECOME AN INDEPENDENT PETROLEUM PRODUCT MARKETER IN NIGERIA

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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.

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HOW TO BECOME AN INDEPENDENT PETROLEUM PRODUCT MARKETER IN NIGERIA

Given the nations potential as the sixth largest crude oil exporter in the world, Nigeria has a comparative advantage over it’s neighboring west African countries as the hub of oil and gas activities in the region and the major destination of foreign direct investment in the region.

A lot of investment opportunities abound in the oil and gas industry in Nigeria and one of such opportunities is in distribution, storage and marketing of refined petroleum products.
As an independent petroleum product marketer in Nigeria, an investor can store and market petroleum products and there are two {2} ways becoming an independent petroleum products marketer in Nigeria, namely

1.Building your won filling station
2.Leasing a filling station

Approval must be sort from the zonal office of the department of petroleum resource for investors interested in building their own filling station and below are the legal requirements

1.An incorporated company
2.Tax clearance of three {3} years
3.Certified True Copy {CTC} of your article and memorandum of association, with one of the objectives dealing in petroleum products.
4.Site Survey of the station
5.Survey Plan
6.Pressive test certificate
7.Police report of traffic hazard
8.Fire and safety report
9.Building Plan
10.Certificate of occupancy / customary right of occupancy.

With the aforementioned documents and an application letter, the investor can now apply for inspection of the proposed site to the department of petroleum resource.

Having gone through this process and your application compared with the statutory requirements, an inspection report from the zonal office of the department of petroleum resource where the station is domiciled will be forwarded to the head office in Lagos for final confirmation.

After the confirmation, a storage and sales license would be issued to the investor.
In the case of the lease option, the only difference is that the required documents would be submitted through the former owners of the filling station.

Get the detailed market report on the subject matter by searching for the report with the link below

http://www.foramfera.com/index.php/market-research-reports/item/310-feasibility-study-of-establishing-fuel-filling-station-in-nigeria

The report is also available on our sister website/company , Nigeria Oil and Gas Portal with the link below


http://www.nigeriaoilandgasportal.com/feasibility_study_of_establishing_fuel_filling_station_in_nigeria-id58


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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.

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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.

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Read 3127 times Last modified on Friday, 06 December 2013 13:46


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