Emerging Business Opportunities In Nigeria 2019/2020 Pdf
- 1 Emerging Business Opportunities In Nigeria 2019/2020 Pdf
- 1.1 1. Real Estate Business
- 1.2 2. Importation Of Wears
- 1.3 3. Starting A Television Or Radio Station
- 1.4 4. Fashion Business
- 1.5 5. Transportation business
- 1.6 6. Livestock Farming
- 1.7 7. Car Wash Business
- 1.8 8. Dry Cleaning Business
- 1.9 9. Barbing Business
- 1.10 10. Rental Services
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Nigeria has the biggest economy in Africa and every time, people are faced with the hurdle of which business to do. Recently, Nigeria officially swam out of recession and expectations are already high.
People are waiting to see the prices of goods fall. Those who were sacked are nursing hope of been recalled. Well, nothing will happen if you fold your arms and watch. During the recession, lots of entrepreneurs made mind-boggling figures.
Now, they are going to make even more while you watch. There are tons of business opportunities in Nigeria and the question is, can you see them?
In most of my business travel, I keep seeing multi million business opportunities lie unexplored. Most of these business are so lucrative that the few players are unable to tap into its full potential.
With the proper tools and knowledge, you can become the next entrepreneur the world draws inspiration from.
As an entrepreneur by profession and practice, I have had the opportunity to meet with numerous cutting edge entrepreneurs here in Nigeria. Most of them are free like an eagle just by doing what looks so simple and yet, a goldmine. To be honest with you, there are hundreds of business opportunities in Nigeria.
In this article, i’m going to disclose few business opportunities you can exploit and make yourself a millionaire. This isn’t complex or techy.
They are so simple that we often overlook them. No wonder the learned in our society are struggling financially while drop-outs make millions on a daily basis. The educationist overlook the simple, they believe that the more hard it is, the more promising. What they don’t know is that the real world is so much different from the classroom.
1. Real Estate Business
I keep wondering if housing problem will ever be conquered. There are lots of people who have the money but still can’t find a suitable apartment. Actually, the problem is not finding an apartment, it’s finding one that’s at the required location.
Our students are also facing this impediment in their various campuses. Accommodation isn’t a problem. The problem is getting one that’s conducive and at a safe location; one that’s proximate to the school. This business is yet to reach its potential and if you’re looking for a way to make money, then this business should be exploited.
2. Importation Of Wears
I have written many articles on how to make money importing cheap and quality goods from china. Why many people are not doing this business is because it looks complex, techy and complicated. They fear of been duped or getting crap as a product.
Importation business is one of the untapped business opportunities in Nigeria anyone can do. It’s lucrative and at the same time, very easy. Let me intrigue you a bit. Do you know that handling your facebook account is harder compared to ordering goods from China and shipping them down here in Nigeria? With N20,000, you can start this business and make lots of money anywhere in Nigeria.
3. Starting A Television Or Radio Station
Apart from major cities in Nigeria like Lagos, Abuja, Port Harcourt etc, there are states that are bound to watch government-owned television channel.
Given the chance, they will definitely dump it for a better channel. There’s absolutely no competition and if you have the finance to start this business, be rest assured that you’re made for life.
The entertainment industry is where all the money is and starting a television or radio station can serve as a funnel. Most states have only one television channel, discover and pitch your tent. Business opportunities in Nigeria such as this brings in piles of money every minute of the day.
4. Fashion Business
Who doesn’t love to look good? I’ve been considering changing my wardrobe lately. I will surely do that when I’m less constrained by time. Fashion business is the trend now and everyday, there seem to be something new to behold.
Our young gents and ladies can’t do without a new shirt or a dress. Taking this business online will drive in tremendous result cause you’ll be able to reach a wider market. Fashion is everything. With the right promotion, you might make yourself a star.
5. Transportation business
Every day, we take a ride from home to work or any other places of interest. The same can be said of millions of people who depends on public transit to get to their destination. The transportation industry might look competitive, but there’s no loyal customer.
This means every body is a customer provided you play your ball well. Now, you don’t need to be the driver or hustle around the noise and body stinks. You can set up a transportation company and make millions from this. This business will require meeting the appropriate authorities for licence or permit.
Among all the business opportunities in Nigeria, this is the only one people feels certain about. Some individuals usually give out their taxies on high purchase.
6. Livestock Farming
Many people will not like to hear this, but unfortunately, livestock farming is fun and very lucrative. Their are many livestock you can start and at the same time, won’t drain your psychologically or financial. livestock farming include,
- Snail farming
- Piggery farming
- Quail farming
- Turkey farming
- Poultry farming etc
Livestock farming is very lucrative. You might not know until I have break it down for you. For example, if you can start snail farming, you’ll be able to make over N50,000 in a month.
A mature African Giant snail cost about N50. Imagine if you were able to produce about 2000 snails a month. The good thing is, you can get these snails in the bush. You won’t also have to worry about feed cause they live off on green leaves.
7. Car Wash Business
I have mentioned this business in over three articles so far and I will keep doing that. Car wash business in Nigeria is a lucrative venture if only you draw out a good feasibility study and start up immediately.
There are thousands of cars running on our road. If you can strategical locate this business and start operation, you will certainly make money. This business is capital-intensive due to the requirements needed to start-up. But when all the requirements have been met, you get hit by a bag of money.
8. Dry Cleaning Business
My dry cleaner charge over N1000 for suits and a bit lesser for other cloths.. In a place like Lagos, dry cleaning service is more costly but surprisingly, they keep getting patronized.
This business is very profitable and if you can employ extra staff, you’ll have more time for yourself and at the same time, count huge stack of money always. This business idea is often degarded, little did we know that it’s among the top business opportunities in Nigeria that brings in enormous amount of money on a daily basis.
9. Barbing Business
You don’t need to be a professional barber to do this business. All you can do is set up a complex, furnish it and employ capable hands in the business.
The more classy your barbing shop or complex looks, the more you will be able to attract customers. Young boys don’t go a week without having a haircut or a shave. This business is a gold mine opportunity and can make you a millionaire if you start well. Draw a feasibility study and you’ll be able to succeed in this business.
10. Rental Services
Do you know that you can rent out canopies, chairs, tables, plates, spoons etc and make money? All you will need is a one time investment which will be used to acquire the property to be rented.
There’s always an occasion in your community such as traditional marriage, meeting, funeral etc which requires service of a rental company. All you need to succeed in this business is working on your connection. If you already have that, success is guaranteed.
There are lots of business opportunities in Nigeria. What this blog does is to keep bringing them to the limelight for you to read and start.
Every business is lucrative and can be done by anyone. What matters most is the mindset one began with. Sometimes, what you need to succeed is just a little positivity. Please, share this article to help spread the word.
That’s the much we can take on the topic “Emerging Business Opportunities In Nigeria 2019/2020 Pdf”.
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