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. 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. 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. People are trying hard to make me believe that building a refinery isn’t economically viable but I don’t believe them. Refinery requires huge deployment of fund, careful environmental and physical planning and technology.Nigeria-Oil-and-gas As you can see, this is not business for faint hearted Investors. It cost between $5 billion to as much as $500 billion to build one and take at least two years to complete. Oil Refinery – This one is the most ambitious of them all and the heart beat of the Downstream sector. The Oil And Gas Investment Opportunitiesġ. Whichever way you take, you are sure to make good money. 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. The Upstream sector is mainly for multinationals and big investors who has the money and the expertise.īefore you talk of investing you need to know where to invest, the decision you make after this depends on your capacity. Most of the activities is at Downstream sector and that is where most of us can afford to invest. 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.Ī 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. 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. 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. 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. It funds The Government, the meager infrastructure, and the untold huge corruption that runs into hundreds of billions of dollars!Īccording to BBC report: Nigeria is one of the world’s biggest oil producers but most of its people remain mired in poverty. Everything in Nigeria practically depends on oil. 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.
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