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I SEE MONEY IN AFRICA I SEE MONEY IN AFRICA

lease oil and gas equipment
6. Investment brokerage for the sector
7. Establish an oil and gas servicing company
I SEE MONEY IN AFRICA’S 8. Serve as an oil and gas development and research

OIL AND GAS SECTOR consultant
9. Set up an HR company that manages labour for the
sector
As of March 2020, Nigeria, Africa’s largest oil 10. Establish a branding and marketing agency with a

producer, pumped up to 1.78 million barrels specialty in oil and gas marketing/PR
14 11. Serve as a funding partner, investor or facilitator in
of oil daily. Only three years before that, the
country was said to hold about 187 trillion the sector
metric tons of natural gas, a figure that is 12. Design technology software for the sector
estimated to provide gas for about 306 years. 15
With these numbers, it is clear to see the

opportunities that Nigeria’s (and indeed,
Africa’s) oil and gas sector provides.

H e r e a r e s o m e o f t h e i n d u s t r y
opportunities you can tap into:

1. Establish crude oil refineries, heavy or
modular refineries
2. Establish gas distribution stations
3. Establish petroleum outlets
4. Oil and gas transportation on land and
For business consultation, visit
water
5. Manufacture, supply, maintain, and
www.olubunmioluwadare.com

14
Retrieved from https://nairametrics.com/2020/05/13/here-are-7-oil-producing-countries-that-have-been-most-
affected-by-covid-
19/#:~:text=Nigeria%20is%20Africa's%20largest%20oil,%2C%20and%208%25%20of%20GDP.
15
Retrieved from https://www.worldometers.info/gas/nigeria-natural-
gas/#:~:text=Gas%20Reserves%20in%20Nigeria&text=Nigeria%20holds%20187%20trillion%20cubic,306.3%
20times%20its%20annual%20consumption.
26 27