In Nigeria
today, many people are scampering for alternative energy sources due to the
ever increasing price of cooking fuel.
Recent statistics has shown that the Charcoal business
experienced a boom immediately after the fuel subsidy removal. This was because
of the over 100% increase in the prices of cooking fuel like kerosene. I could
recall that before the petroleum subsidy removal, kerosene was sold for around
N95/litre but now it is sold for N135/litre and is even higher in some remote
places.
Because
of this hike in prices, there has been a paradigm shift from the use of
kerosene as cooking fuel to the use of alternative fuels like charcoal and
firewood. This has led to increased demand and subsequently increased price of
charcoal.
This increased demand has made the business very profitable as
sellers of this product now earn more from the business.
Currently
a bag of charcoal which was sold for N800 is now sold for N1500, and the demand
and supply chain is not affected. Charcoal is used in most bread baking
industries as a source of fuel. It is also used as a source of warmth during
the cold season. Charcoal is also used as a source of fuel for frying by
roadside food vendors.
There are a lot of uses for charcoal, and the demand is ever
increasing so if you have been thinking of starting this business, I think this
is the right time to take action.
Meanwhile i want to use this medium to inform my loyal readers in the US, UK, THAILAND, RUSSIA and other countries of the world where Quality Charcoal is sort after for the Winter. We export top quality Charcoal on demand to any part of the world. If you need this service, please call or Whatsapp me on +2348065278738 so that we can discuss business. Thanks
Meanwhile i want to use this medium to inform my loyal readers in the US, UK, THAILAND, RUSSIA and other countries of the world where Quality Charcoal is sort after for the Winter. We export top quality Charcoal on demand to any part of the world. If you need this service, please call or Whatsapp me on +2348065278738 so that we can discuss business. Thanks
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Cheers!!!!!!!!
Chukwuemeka Nkwocha
