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Annual profit analysis of cooking gas refilling stations

Supply of 30 Metric Tons of LPG to Ibadan, the capital of Oyo State Nearest LPG Depots Navgas LPG Depot , Apapa, Lagos Price of 30 Metric Tons of  LPG (as at 15/07/2023) – ₦15,000,000  OR Ex-dep...
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Supply of 30 Metric Tons of LPG to Ibadan, the capital of Oyo State

Nearest LPG Depots

  1. Navgas LPG Depot , Apapa, Lagos

Price of 30 Metric Tons of  LPG (as at 15/07/2023) – ₦15,000,000 

OR

  • Ex-depot Price of 30 Tons of LPG : ₦15000, 000
  • Cost of Renting a 30 Ton LPG Bridger (Tanker) from Lagos to Ibadan : ₦200,000
  • Union Fees and Miscellaneous –₦40,000

Total Landing Cost of  30 Tons of LPG in Ibadan – 15240,000

Total Monthly Profit for an LPG Plant in Ibadan

Total Profit per Month = Total monthly Revenue – Monthly Operating costs = ₦52788960– ₦410,000 = ₦523789960

Total Profit per Year = Profit per Month x12  =₦633,467,520= $ 71,9850 US Dollars

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