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      OIl and Gas Investment Opportunities in Nigeria
      Are they still oil and gas investment opportunities in Nigeria? Nigerian oil and gas Industry is the engine of the Nations economy – an economy that suppose to be the biggest in Africa and one of the biggest in the world if not for mismanagement and corruption. Everything in Nigeria practically depends on oil. It funds The Government, the meager infrastructure, and the untold huge corruption that runs into hundreds of billions of dollars!

      According to BBC report:  Nigeria is one of the world’s biggest oil producers but most of its people remain mired in poverty. Anyway, that is the talk of another day. The business at hand now is that legitimate investors are making millions of dollars everyday and you could just be one of them if you take the step and invest in Nigeria’s Oil and Gas sector today.

      Oil and Gas is another name for wealth – you need to get close to some guys who are into oil business to understand what I am talking about. At my office complex in Alausa Lagos, you will see Mercedes Benz cars of N80 million, Bentley of N100 million, Porch cars of N80 million in different shapes models allover the place. Who own those cars? Oil Investors occupying some of the offices in the same complex! That tells you the extent of wealth in the business.

      A look into the sector reveals that there is almost business for everyone, this means that no matter who you are and your financial capacity you can still invest somehow in the Industry and make your own mega buck.

      Most of the activities is at Downstream sector and that is where most of us can afford to invest. The Upstream sector is mainly for multinationals and big investors who has the money and the expertise.

      Before you talk of investing you need to know where to invest, the decision you make after this depends on your capacity. What I mean is: After reading through this post you decide if you can afford building a Refinery or a Kerosene Tank by the roadside. Whichever way you take, you are sure to make good money.

      The Oil And Gas Investment Opportunities

      1. Oil Refinery – This one is the most ambitious of them all and the heart beat of the Downstream sector. It cost between $5 billion to as much as $500 billion to build one and take at least two years to complete. As you can see, this is not business for faint hearted Investors. Refinery requires huge deployment of fund, careful environmental and physical planning and technology.Nigeria-Oil-and-gas

      People are trying hard to make me believe that building a refinery isn’t economically viable but I don’t believe them. I just wonder why people like Dangote and co can not do this even if only as a service to Nigeria and Africa? If I have the money I will surely invest in refinery. I remember in those days when Filling Station owners used to go to the nearby refinery to buy their product directly and the cost of fuel per litre was about N10 then.

      If you can afford this or there is anyway you can pull together Investors who are ready to shell out huge fund go for this. You will be buying crude oil here in Nigeria, refine and sell locally to millions of dealers and distributors, export to other African countries and even Europe, plus you make millions of dollars from other petroleum by-products.

      You will make your billions back – Dangote and other Billionaires where are you? I think the reason most Nigerian billionaire don’t want to invest in this is because they prefer to steal money from Government through importation. We heard what happened during the fuel subsidy scam probe and thereafter?

      2. Fuel Importation – This is where all the big men are falling over each other, making untold billions of legitimate and corrupt money. You too can invest in importation and make legitimate money. There is currently importation root from Niger Republic. One of the major requirement for fuel importation is having a Tank Farm or group of filling stations where the imported product can be stored.

      Fuel importation is a big money business and heavy infrastructures are also required. To be able to get the importation license and permit, you would need to have fuel depot and functional jetty among other things. Those who are into it are making double kill from the sale of products and Government subsidy money. You can go into this on a very small scale and make good money.

      3. Oil Servicing Business – Oil and Gas installations requires constant maintenance and servicing. This is where the business of oil servicing companies comes in. It is one of the most essential aspect of Upstream and Downstream sector of Oil and Gas Industry.

      Huge money is flowing in Nigeria oil and gas sector. You and your group can grab part of it take the step and invest now. To be in this, you will need to put together the technology, equipment, and highly skilled personnel.

      4. Petrol Filling Station – Thousands of Investors across the country have been making billions of naira annually. It is one cool business, full of money for those who have the investment capital. I know a man some years back who only manage to sustain himself through his local tea making – gradually he raised money and built his first small filling station in a local area – today he has over ten Petrol Filling Stations spread across the states.

      5. Petroleum Haulage
      – This involves the transportation of petroleum products from one location to another as a service rendering. One Tanker is enough for you to be in this business and it is very lucrative. From one tanker, you can expand to build fleet of Tankers and huge Haulage company.

      Tanker owners charge about N150,000 to transport product from Lagos to Kaduna. According to insiders information, the transportation of petroleum products from places like the Port Harcourt refinery to other various parts of the country is indeed good business.

      The price for haulage services ranges from N20, 000 to N200,000 per trip, depending on the location the product will be taken to and the capacity of the tanker.

      6. Diesel Supply – Many guys are going into this one now and I am considering joining the deal. I wrote article recently on Diesel Supply Business and based on my finding, it is a mega million naira business.

      7. Kerosene Business – One thing most people don’t know about Kerosene is that the product is actually gotten so cheap from NNPC. From NNPC you can land the product at unit cost of N50 per litre and sell for N120 per litre. That is what filling station owners and other dealers do.

      If you lift 10,000 litres and gain at least N50 per litre, you will gain N50 x 10,000 = N500,000.

      Share what you know with others by commenting…

      Related Posts


      • Anonymous September 19, 2013

        You are doing a wonderful work on this site, God will surely reward you. I will add my contribution after research

      • Clinton September 22, 2013

        Thanks for the info sir, i want to start a kerosene outlet with 60000 litres tank size and a pomp ie fuel station pomp. Please i want you to give me step by step brief on how much it will cost me to include the cost of the product from NNPC.

      • Prime October 3, 2013

        Hello mr darlington, i have 3000000 to invest in this business, please i want you to me how far i can go with this amount of money.

        • Darlinton Omeh October 3, 2013

          It will go far with Kerosene supply. Start by securing your supply license then the rest may do for product buy. Just manage except you want to sell by the roadside on surface tank which is very profitable too

      • Prime October 6, 2013

        Thank you mr Darlington for your responds, please sir is there any specification for surface tanks for kerosene in Nigeria and can you connect me with someone that can construct one for me?

      • ibrahim Attah October 7, 2013

        Hello, I have 50 million naira to invest in this business. Can you please advice me on what sector is best for me. Thank you

        • Darlinton Omeh October 8, 2013

          It will do well with Supply of diesel and Kerosene supply in Large quantity. Overall, your experience and likes are what will help you decide where to invest. Try and gather more knowledge in this sector before investing

        • glory June 9, 2018

          with the amount you have you can go into buying in bulk and distributing it, which is very fast to distribute since you are a bulk seller. you can also do the normal fuel,deisel, or kerosene supply. but I will advice you with the amount you have you can add with other investors and buy a full shipload of the product, here you are rolling with the big men in nigeria and you will make serious millions at a month. +2347065392321

      • Anonymous October 10, 2013

        I tank u mr darlington for dis enlightenment. I am into diesel supply on a small scale nd i wud like to get bigger so how do i get investors or capital to start up.

        • Mickael August 26, 2018

          plz what requirement do i need to start diesel supply since you siad you are into it already?

      • Anonymous October 10, 2013

        Helo…plz am a student nd lookin 4 ways 2 make extra cash..don't wanna always depnd on my mum 4 evryting..tried sellin tings 2 my fellow students bt it did'nt work out well..soo tinkin of somfin elz 2 do…like a job…don't rily got much money 2 invest lik dese oda guys..bt wuld sure love some advice or hlp if pocible…tnkz nd God bless

      • olanrewaju akinyanju October 12, 2013


      • Anonymous October 12, 2013

        Hello mr Dalington pls am really interested in doing dis biz… I have up to 15,000000 that I want to invest in it. Pls advice me on what step to go with.

      • Techguru October 19, 2013

        Very good business idea, thumbs up

      • Anonymous October 24, 2013

        thank you mr Darlington, i want to go into petrol engine oil business,though i've been to some companies to make some enquiries but i'm thinking of adding diesel or kerosene business to it.How much can i invest on this and do i need to have a registered business name. Omobolanle

      • Gabriel Osarodion October 28, 2013

        Sir,how can i get approval from NNPC to deal crude and also can i get a One on One traning on how to trade crude oil in nigeria.Thank you

      • Anonymous October 29, 2013

        I have as little as N500,000 only. Please how can I invest with this?

      • Darlinton Omeh October 29, 2013

        Pls it has become difficult for me to answer all the questions on WealthResult.com anyone who knows answer to any question should assist his fellow.

      • Andy Okwara November 23, 2013

        Pls, am a student, lookin 4 extra cash, heard about been a commision agent in d sale of petrol and deisel. Pls do you know how I can be 1 and which company to apply to.

      • Anonymous December 23, 2013


      • Samsin Oliver February 5, 2014


      • Samsin Oliver February 5, 2014


        • Darlinton Omeh February 5, 2014

          Hello Sampson, the project you are talking about is beyond a blog post. Contact professional consultants in that field and trained engineers to do the project mapping, evaluation, and construction estimation for you.

      • Anonymous August 12, 2014

        My broda God bless u 4dis info.like u said dat one can start it more or no capital.how can we do dis cos most of us are only doing a mini business & could not afford more dan #300,000 2 start up.pls how do i go from here.tanx

        • Darlinton Omeh August 12, 2014

          Start with kerosene distribution/retail or Engine oil sales. From there, you can make more money to move up

      • Polite Ifeanyi onyewuenyi August 12, 2014

        Hello Darlinton, thank you so much for the informations you share, am looking to invest in the kerosen business, but my challenge now it how to get the product(DPK) from NNPC, please any information about these or how i can go about it would be well appreciated.

        Thanks in Anticipation

      • Akanifiok Ido August 24, 2014

        Good job Mr Darlinton, God bless u.

      • Anonymous September 11, 2014

        You are just doing so well Mr Darlinton and God will pay you well too. I am thinking of getting into oil waste management and treatment service. Already i am talking with a chinese company which i want to lure to this. Now i want to ask,if i am taking the right step or does it seem huge to venture into?

        • Darlinton Omeh September 11, 2014

          Nothing is to huge if you plan carefully. Make sure you carry out due consultation to be sure of what you're getting into.

      • lafe September 20, 2014

        Hi, Mr Darlington, can i please have your email address? we need to discuss this in more details… Thanks

      • Stano Emmanuel September 23, 2014

        You're doing a good job here Mr Darlinton. I happened to be a Forex Trader and a money manager over the years and looking for other business to diversify. I have made researches on the startups on oil & gas but do not know how to get the required licence to start. I'll appreciate if you can give me some links to that.

      • Stano Emmanuel September 23, 2014

        Thanks alot. Really appreciate…

      • Anonymous October 8, 2014

        I am blessed by your article

      • Anonymous November 19, 2014

        Kindly enlighten me on how to get supply of kerosene directly from the NNPC. Thanks

      • Anonymous July 1, 2015

        Hi, pls i would like to invest in dis biz but on a small scale for now. Pls i would like to have your contact to know more. Thank you

      • Omoniyi Temitope July 4, 2015

        I'm motivated each time I read your article Mr darlington. Continue the good work

      • olayinka babatunde adewuyi January 28, 2016

        Thank you
        How can i contact you that is your phone numbers at least. Please, i want you to update the text on oil and gas to keep with the current trend of things . Is your analysis still hold , taking into consideration the dynamic changes of things in our country , like exchange rates and other things, since you wrote the article .
        Thank you so much ,
        Olayinka B. Adewuyi

      • peter February 4, 2016

        Am grateful for the teaching but pls how do I get the kerosene product from NNPC with the required licence nd how much do u think it will cost

      • Akinwande Oriloye May 6, 2016

        Thanks so much Mr. Darlington. I hold two degrees in Business Administration but Am a physical challenged person. Do you think I chance of succeeding in this oil and gas business here in Nigeria?

      • Remilekun June 22, 2016

        Please how do I start a oil business. I mean engine oil alone for now. Who do I meet, where do I go, what are the requirements I must meet? Pls I need you to guide me. I will appreciate if I can get your email or come to your office.

        • glory June 9, 2018

          hello, I know a lot about the business, but you must know that for this it is capital intensive, the cheapest now is fuel which goes for 6.2 million inclusive of other expenses like renting the truck, paying customs and the rest. I can put you through if you are interested

      • Iyoma July 20, 2016

        Mr darlington, I have been promised of support in oil business, all i need to do is to have tankers that can lift oil from source to my destination. But I dont have storage facilities to keep this oil. How can i get tankers and storage facilities to be able to benefit from the promise made to me?

      • DejiPictures August 21, 2017

        Hi Mr Darlinton,

        I need your help on Oil. Can you send me your email to discuss more



      • Stephen October 2, 2017

        Good day sir,i’ve 10000 naria with me which of the oil & gas can i go into

      • Anderson December 5, 2017

        Hello, Mr Darlington, if I have 5k in my account. Can I invest it in oil gas for more years?

      • Kings January 9, 2018

        please a friend of mine wanna invest in the oil and gas sector in Nigeria. Please i will like to know the procedure of the business and how to go about it. please reply me.

      • YBB May 16, 2018

        I saw ya post late but nevertheless, I have 10mil. Dollars to invest. And I hope to venture into importation and distribution. I heard its a fast lane business. And I heard u must have up to at least 5mil dollars before u venture into importation. Its a good thing nobody knows me here, so I kinda need advice and clarification details. I wanna know how to get the license snd requirements

        • Victor June 1, 2018

          YBB pls inbox me if you’re serious on oil petroleum products biz 08075551133 I have something very for you as a good point to start.

          • Abraham September 2, 2018

            Good morning, pls. I need to be enlighten on oil products and basic steps to take to start with 300k. I need extra amount and possible way to grow in a tym as this. Thanks

      • kiki July 29, 2018

        you can add with other investors
        and buy a full shipload of the product, here you are rolling
        with the big men in nigeria and you will make serious

      • Paul August 27, 2018

        Dea Sir,

        We are involved with purchase and sales of petroleum products. We have contracts with some of the largest Russian Refineries to purchase 50,000 metric tonnes and more, of any petroleum derivatives to sell to our waiting customers on a CIf ( Cost insurance and freight) basis.
        Some of our customers have given us a Bank Guarantee as Bond to pay us on delivery of the product to their tank storage facilities.
        We are interested in seeking a loan of $50,000,000 USD for logistics and marketing of this products.
        We will be able to pay up this loan in one year from the profits realised from this venture.
        This is our position and we are willing to perfect it.

        Best regards,
        Mr. Samuel N.B Ezindu (President)


      • PRINCE TONY September 27, 2018

        Thanks Mr Darlington, just want to know like how much is the cost to acquire license to be a distributor of this products ?

      • lawal October 28, 2018

        Very good Day! Mr. Darlington.

        I will appreciate it, if you can share your email address with me please for more discussion,
        base on what you mention on whoever that can invest with 5.m with get a 10percent of the capital at the end of every month which is 500k

        thanks and best regards,

      • Charles July 20, 2019

        Please Sir I have 2000000, how can I invest in this sector

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