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A Comprehensive Guide to Starting a Petrol Station in Nigeria

  A Comprehensive Guide to Starting a Petrol Station in Nigeria Nigeria’s growing population and reliance on fuel-driven transportation make the petrol station business lucrative. Whether it’s urban expansion or the demand for convenience, opening a petrol station can be a rewarding venture if done right. This guide takes you through everything you need to know. Understanding the Petrol Station Business in Nigeria The petrol station industry in Nigeria is one of the most dynamic. Fuel remains an essential resource for both personal and commercial activities, which creates steady demand year-round. Photo by Alpha Diane Market Trends and Demand Urbanization and population growth have drastically increased fuel consumption in Nigeria. Cities are expanding, new businesses are opening, and mobility is a necessity. On average, a petrol station sells thousands of liters daily, depending on its location and scale. To understand the current market, you can explore analysis reports l...