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Top 20 Most Lucrative Businesses in Nigeria

Are you thinking of Investing in Nigeria but don’t know where to start from or which business to invest your money into? Here are top 20 most lucrative businesses in Nigeria you can invest your money into and be sure of making millions back in no time.

This list of business ideas in Nigeria is not just some randomly selected junk businesses, they are time tested, carefully selected high performing business ideas you can rely on. They are up to date and relevant in 2015.

1. Poultry Farming – This business is making average Nigerians rich. It is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million people, what would you expect? If you start with 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making up to N30 million annually.
2. Cassava Production – People are beginning to turn their attention to this aspect of farming in Nigeria that have been neglected for years. Cassava derived foods are some of the most consumed in Nigeria. If you can invest in cultivating 50 – 100 Acre in a fertile area like Ondo State, your harvest will be great.
3. Import Used Cloth – Tokunbo market in Nigeria is very big and many people prefer to buy used items that are high quality than buy fakes.The cost of buying and importing used cloths is low compared to the prices in the market here in Nigeria, guarantying good turn over on investment.
4. Sale of Furniture – Buying and selling of Locally make furniture is a goldmine. You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.
5. Snail Rearing – Snail farming is one of the choice Animal farming for many reasons. It is a low capital investment with high yield and the market is big. There are few people currently doing this – and most of them are doing it in a very low scale. If someone invest heavily in Snail farming, he is sure to make good money in Millions within a year.
6. Rice Farming – Rice remains the most consumed food staple in Nigeria and Billions of dollars goes into importation of this product yearly from China and Thailand because the local farmer are unable to meet up the demand due to poor funding and limited knowledge. Anyone who have a million dollar to invest should get in touch and partner with me with 100% return. $1,000,000 = $2,000,000 guaranteed
7. Making of Fruit Juice – Nigerians drink fruit juice more than any other people. That’s why companies like La Carcella and Chivita who came into the country as nobody are today making billions of naira annually. This business in capital intensive but if you can afford it, it’s well worth it.
8. Pure Water Production – You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially if you can manage it properly with professionalism.
9. Oil and Gas Business – We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity for Nigerians and Foreigners over the years. Owning a Petrol Filling Station, Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself.
10. Haulage Services – The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one.
11. Hotel Business -This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as the money flows in. This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative – Nigerians are jolly people!
12. Fast Food Eatery– Eatery business is another goldmine though poor management can kill it death! If you wish to go into this business, be sure to get everything right and don’t forget it’s a bit capital intensive and requires good management skills. But if you get everything right, free money is yours.
13. Importation of Tokunbo Spare Parts – If you are in USA, this business is good for you. Don’t just keep importing exotic cars, gather tokunbo spare parts in containers and ship down here. There is huge market for it in Nigeria.
14. Investing in Property – Property appreciate everyday in Nigeria. Right now, Nigeria is one the countries in the world where landed property is most expensive. If you buy land now anywhere in Lagos, you are sure to make 100% profit within two years. You can buy and quickly resell and make profit. Or you buy keep and sell later.
15. Dry Cleaning – Professional dry cleaners at affordable prices are scarce in Nigeria. What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This business is a money maker if you balance it up.
16. Professional Car Wash – This business is good if you can set it up in a strategic location in a place like Lagos where there are good number of cars. You.
17. Sales of Building Materials – The rate at which new houses are springing up in Nigeria, you get to wonder why many people still complain of housing problem. Investing in building material is a good business and I can count some guys who are making millions almost daily in this business.
18. Transport Business – What we have in this sector are transport companies that are badly managed by local chiefs and touts. Invest in this business with good management and you will be wondering what hits you with bags of money.
19. Nursery and Primary School – School business has no rival among it’s mate. My little kids school fees take away close to a million naira per term just to learn ABC!
20. Investing in Internet Companies – This is a new crop of powerful investment opportunity that is creating Billionaires around the world including Nigeria. It’s simple! You don’t have to be a Tech person, all you need is to look for a creative online tech startup with good ideas and invest into. Within 1 to 2 years you will be counting your profits in millions.

OUR FAMILY AND YOU

family

If you are assessed as being under some degree of threat, always ask yourself:

Am I following a set routine in my lifestyle?
At what point can I be most vulnerable to attack?

It is important to recognise vulnerable situations and to try to avoid them. There will be some things that you simply can't avoid like leaving your home, arriving at your place of work, traveling along the same route on a daily/weekly basis. visiting the same place of worship at the same time, collecting family members from regular social or sporting activities, visiting your family home on a regular or predictable basis or eating at a restaurant/hotel on a regular basis. At these times you must be extra vigilant and on 'red alert'. As we tend to be creators of habits, each reader must look at his/her lifestyle and family activities to identify his/her own predictable patterns that can create increased vulnerabilities for attack.

IT IS ADVISABLE THAT YOU:

Look out for suspicious or unusual behaviour by people around you especially close to your home or other places where you regularly attend;
Be alert to possible threats arising from public or private engagements you are involved in and inform those among your associates, family and if applicable, staff who may need to be aware of your situation;
Try not to create or establish an observable pattern of behaviour which would enable a potential adversary to predict your future movements and construct a plan of attack around them; trap you in situations where you are least able to protect yourself; and isolate you from immediate assistance;
If you are granting an interview or meeting someone you do not know well (on a private or personal basis) ensure you meet at a recognised and secure workplace during normal working hours;
Avoid details of your public or domestic life becoming known to those that do not need to know. This could be by means of conversation, public directories, social directories and internet activities;
Avoid using your professional titles i.e. Justice, My Lord, Director etc. when booking flights/holidays; paying utility bills; paying mobile telephone bills; operating bank accounts and conducting other routine everyday activities;
Try not to work or stay overnight in situations that may isolate you from what you regard as places of safety.

YOU SHOULD ASK FOR ASSISTANCE FROM YOUR DIVISIONAL POLICE OFFICER IF

You spot any suspicious or unusual activity near your home, workplace, or other regular and predictable location;
If your home, car or office shows any signs of unexpected entry or being tampered with;
If you believe that an event or activity you are planning to attend may carry particular security risks and may leave you vulnerable to attack.

YOUR CHILDREN

It is important to get your children to practice basic security measures without causing them unnecessary worry or creating a sense that your home is a target.
Keep young children within sight and earshot, or in the care of a trustworthy adult who ls aware of the special risks your children may be under and who knows what precautions to take

Tell your children to:
Check that they know any caller prior to opening a door to your home, otherwise do not open the door;
Only invite others children they have known for some considerable period of time to your home. If in doubt ask their parents;
Walk in groups or pairs and only use well lit streets and main roads when not supervised by an adult.
In all circumstances, call their parents for confirmation before opening the door for any visitor or carrying out any errand for any visitor in the absence oftheir parents.

Discourage your children from:

Opening parcels delivered to your home in your absence
Answering telephones (especially younger children who may unwittingly disclose family details);
Disclosing details of your role, movements (e.g. family gatherings status or functions) or address whilst using social network sites. You should discourage them from posting family photographs on social media and from accepting invitations to connect from strangers. If they do post photographs you should encourage them to adjust the safety settings so that photographs are only shared with friends or family. Safety settings on popular social media sites allow users to limit the default privacy posts (especially for users under 18). These privacy settings also allow you to limit who can access your information with your email address This will prevent children unintentionally giving out information which may be harmful to you or your family or indeed receiving malicious or unwanted communications.

Ensure that:

Schools contact you/spouse before allowing someone else to collect your child(ren).
Any baby-sitter employed is reliable and well acquainted with securit, arrangements at your home. They must also be aware of what action to take to raise an alarm if necessary.

S S