To set up a 2.5 tons mini plant will cost N7.5 million while a 5 tons mini plant will cost N14.5 million.The cost of Ikg including landing cost from the depot is N600. This is now sold at N750 at the cooking gas plant.That translates to a profit margin of N150/per 1kg of gas. If one is lucky to be in a busy location and sells about 500kg of cooking per day, that translates to a prodit margin of N75,000 daily

Co_oilandgas

15 August 2023