<?xml version="1.0"?>
<rss version="2.0"><channel><title>Nigeria Latest Topics</title><link>https://www.startupnetworks.co.uk/forum/442-nigeria/</link><description>Nigeria Latest Topics</description><language>en</language><item><title>Building a Marketplace in Nigeria's LPG Sector &#x2014; Lessons from the Field</title><link>https://www.startupnetworks.co.uk/topic/2944-building-a-marketplace-in-nigerias-lpg-sector-lessons-from-the-field/</link><description><![CDATA[<blockquote class="ipsQuote" cite="" data-ipsquote=""><div class="ipsQuote_contents" data-ipstruncate=""><p>Nigeria's LPG (cooking gas) market is a <strong>$15B opportunity</strong> hiding in plain sight. But here's what nobody tells you: it's not a tech problem. It's a <strong>trust problem</strong>.</p><p>I've spent the last year building <strong>OGas</strong> in Ughelli, Delta State — a digital marketplace connecting verified gas sellers with households and businesses. Not a delivery app. A <strong>B2B2C marketplace with Paystack escrow</strong>.</p><p><strong>What I've learned so far:</strong></p><ol><li><p><strong>Regulation is your friend, not your enemy.</strong> CAC registration (BN: 9638951) and FIRS TIN verification opened doors that "ideas" never could. DSEZ took us seriously because the paperwork was clean.</p></li><li><p><strong>Escrow changes everything.</strong> Cash-on-delivery dominates because buyers don't trust sellers and sellers don't trust buyers. Paystack escrow solved that. Our first live transactions proved the model.</p></li><li><p><strong>LPG isn't just cooking gas.</strong> Restaurants, hotels, and bakeries buy in bulk. That's our B2B wholesale layer — and it's 3x the margin of household sales.</p></li><li><p><strong>Infrastructure is the real competitor.</strong> Bad roads, erratic power, and fragmented supply chains are harder to beat than any competitor. We're solving it with seller verification and logistics partnerships, not by owning trucks.</p></li></ol><p><strong>What I'm figuring out now:</strong></p><ul><li><p>Scaling from 1 city to 8 without losing quality</p></li><li><p>Raising $200K seed from investors who understand African marketplaces</p></li><li><p>Finding a technical co-founder who gets React Native + Firebase</p></li></ul><p><strong>To my fellow Nigerian founders:</strong> What's the biggest non-obvious challenge you've faced building in this market? And how did you solve it?</p><p>Let's make this forum active. Nigeria's ecosystem deserves its own space here.</p><p><strong>Simon Onos</strong><br>Founder, OGas Ventures<br><span class="ipsEmoji" title="">📧</span> <a rel="" href="mailto:simon@ogaslpgmarketplace.com">simon@ogaslpgmarketplace.com</a><br><span class="ipsEmoji" title="">🌐</span> <a rel="external nofollow" href="https://www.ogaslpgmarketplace.com/">https://www.ogaslpgmarketplace.com</a></p></div></blockquote><hr><p><br></p>]]></description><guid isPermaLink="false">2944</guid><pubDate>Mon, 24 Aug 2026 06:54:22 +0000</pubDate></item></channel></rss>
