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Showing posts with the label LPG business

Cooking Gas Station Business in Nigeria: Building Cost, Profits, and Budget

  Cooking Gas Station Business in Nigeria: Building Cost, Profits, and Budget Cooking gas, also known as Liquefied Petroleum Gas (LPG), is in high demand for residential and commercial use in Nigeria. Given the growing shift towards cleaner energy sources, investing in a cooking gas station has become a profitable opportunity for entrepreneurs. Let’s explore the costs, potential profits, and strategies for success in this thriving business. Photo credit:  Censtar group The Cost of Building a Cooking Gas Station in Nigeria Building a cooking gas station in Nigeria involves various expenses, including land acquisition, construction, and equipment setup. Land Acquisition and Location Considerations The location of your cooking gas station is critical for success. Land prices vary significantly between urban and rural areas. In cities like Lagos or Abuja, land can cost anywhere from ₦10 million to ₦30 million depending on the size and proximity to commercial areas. In towns a...