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Adustar Oil Petroleum Chemical



INVEST IN THIS BUSINESS

Target Amount: 80,000

Progress

0 invested so far

0% of target

This pitch has reached its expiry date and is no longer open for investment.
  Category  Oil and Gas
  Location  Mushin, Lagos, Nigeria
  Last Turnover  600,000
  Target Amount  80,000
  Amount Raised:  0
  Balance  80,000
  Days Left  0
  
About
Our company is into oil and gas and supply factories, companies, and filling stations. Mr. Adubiaro, the Owner has worked with Kumat Oil and Gas for seven years, and then he came to establish Adustar Oil Petroleum Chemical Company.
Product and Services
We offer DPK (kerosene), AGO (Diesel), PMS (petrol).
Market
Our Petroleum products sales/distribution Venture, Adustar Oil Petroleum Chemical, is located at 267, Railway Challenge, Mushin, Lagos. In the Nigeria, oil and gas business is very huge. Nigeria is a major producer of petroleum and Nigerians are very high consumers of kerosene, diesel, petrol in all companies, homes, factories, and filling stations.
Marketing and Publicity
We use flyers, we have marketing staff who go from clients and companies to market our products.
Competition
Our major competitor is Kumat Oil and Gas where the owner had worked before. We have beaten them because our customers love us and our quality services. We are honest and truthful. We do not do under-hand shady deals. And we care for our customers.
SWOT Analysis
Business Strengths include: we have very big and large customers such as Femi Otedola, one of Nigeria`s richest billionaires, and we sell pure products.
Weaknesses include: some staff do not have adequate technical knowledge.
Opportunity: Nigerians are forever buying cars, so we always get customers.
Threat: there is threat from diluted cheap petroleum vendors who threaten our business
Reason For Applying_
Management wants to lease more filling stations which are very capital intensive and so, cost a lot of money and investments. Secondly, we have new companies that have come to us to be supplying them products.
Staff and Management
Our Company has 15 staff. The Owner, Pastor Adubiaro Adewale Michael is an oil and gas expert. He is a good family man. He is an honest and truthful person. He is a very good and humble person towards everybody. Mr. Oluwmuyiwa Akinlabi is the Manager. He has good plans and ideas for the Company. He is humble and very active. The Company also has marketing and accounting, with good admin staff.
Notes
Our Company has good reputations and we have never disappointed our customers.

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