Importation Business In Nigeria

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Complete Guide To Importation Business In Nigeria

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" How To Build A Multi Million Importation Business With A little Capital As Low As N10,000 Only " !

Hello Friends
Thanks for visiting us here  , if you have been looking for an effective way to make money from the comfort of your home by importation of Good's then you have arrived at the right place . we have all the informations you need to start and build your importation business. just browse through our site ,i guarantee you will discover usefull and hiden secrete about successful importation business from home..

First of all before i start, for the sake of those who doesn't know me let me introduce myself, am Onuwa Chike Madukwe an Internet/Affiliate Marketer, Social Media Expert, Website Designer and an Importer, I make my living practically online from affiliate marketing, information marketing, designing websites for my clients and importing Goods in medium scale from china and supplying them to retailers, All i do is based online and i run my business with the name Exto Online Services duly registered with  the Nigerian Corprate Affairs Commission with Reg No: IM5909 and we have office in Aba ,Abia State Nigeria . You can know more about me by doing a google search on my name or company's name, you will find a load of details about me because i have a well established online presence, or you can visit my website on http://extoonlineservices.info

Can Someone Build a Solid Importation Business in Nigeria With Only N10, 000?

I know this could be the question going around your mind.
YES!!! Its 100% possible, you can build a multi million importation business with a capital as low as N10, 000 only.  i know this really sound strenge, but i have proofs which shows how valid this business is.

What Do I Mean By Importation With N10,000 And Above.

When am talking about starting an importation trade with 10,000 naira, i dont mean to say that one can buy a full contaner load with N10,000. rather, i mean that one can start and build his importation business with an average capital of at least N10,000 and build it into millions within a space of some months.

How Dose It Work: Recently, i discoverd a website of a marketing company based in china that are selling the following items online at a very cheep price compare to the price that same goods of the same quality are been sold here in nigeria.

==> Mobile Phones and Accessories.

===> Black berry mobile phones

===> Android tablet And Accessories.

==> Laptop computers and accessories.

==> USB and Memory Cards

===>  i pad and Accessories

===> Jewelry set ( Necklaces, Rings , Eyewear Bracelets & Bangles )

==>  Men's fashion wears

===> I Phones4g phone cellphone

==> Ladies Fashion wears.

==> Ladies Make-Ups and Makeup Tools.

==> Ladies wigs and Hair Extensions (Human Hair , Synthetic Hair, Blended Hair, Feather Hair, Brazilian Hair etc.

===>  Detergents Powders, Soap and body cream.

After discovring these website, i decided to give them a try and discoverd that they are not scam becuase they adopt and accepted to  be paid via a process called Escrow.

 let me explain a bit about escrow payments, When making payment via escrow it simply means that you are not paying direct to the seller of the goods rather you are paying to a reputable company who will keep the money until the supplier ships the goods and you recieve it, confirm the quality and then inform the escorw company to release the payments to the supplier and incase they goods aint what you bought just request for a refund from escrow. You will be refunded at once. so with this method, you can never lose your money.

NOTE: Don't ever request for a refund when what you bought is what you recieved cause it will be investigated and proven.

How to start importation with only N10,000.

Am sure you are desprate to know how to start importation with only N10,000 because it naturally sound impossible. But i will tell you how. Among the products listed above, you can as well adopt my method. the very method that i used when i started. i started with women make up. then, i bought a few sets of women make up which is N4950 in total to be precise. when it arrived, i sold each of them tripple the price that i bought them then the money multiplied times three. Now am buying mostly laptops and mobile phones.

If you dont want to adopt my idea, here are some products  you can as well start with. 

2GB, 4GB,8GB memory cards. sold for N250, N400, N550 Respectively, on wholesale basics here in nigerian market. but you will get them at the rate of N120, N180, N300, From the website am about to introduce to you.

There are many other products with a very cheap price. like USB FLASH DRIVES, MOBILE PHONE ACCESSORIES ETC. You can start with them and grow your business into millions within a few months.

How Real Is This Business?

I know this must be the queston going around your mind. well humanly speaking, it sound very unbeleiveable for someone to start importation business with just a N10,000. but here and now i will show you some proofs that it really work.

take a look bellow.

You see the jewelry above is sold for $0.99 which is N157 in Nigeria Currency, now when you buy 24pcs or more,you will get it at a bulk price. which  is at the rate of $0.96  which is N152 and the total price for the 24pcs  is $23.04 which is N3,600  In Nigrian Currency, That same jwelrey of the same quality and design are been sold  for over N1,000 each here in lagos wholesale market. but you gets it for N152 in china,

With N10,000 you can buy 72 pieces of that jwelries. ok lets say you bought 72 pieces with N10,000  and you supplies it to resalelers at te rate of N1,000 NAIRA EACH, from a simple calculation, you will discover that you will be making cool profit N72,000 after selling all the 72 pieces of necklace. if you can complete two trip of this business in just a month, you are making a profit of N72,000*2 which is N144,000. this will be your profit in just a month on a business you started with a capital of just N10,000 only.

 is that not a Good biz? Now check your profit and how much you will make if you can do this business in just a space of one YEAR.

I understand that their is shipping fee of $99.55 on the price as listed above. You dont need to worry over that,  i will show you a method you can use to ship your goods for free. so dont worry about the shipping fee.

Ok see this one below.

Original men's wrist watch been sold  for $4.74 which is about N700 when converted to Nigeria courrency. This same watch of the same standard are sold for N2000 here in Nigeria market.

Check out this ladies slippers above been sold at the rate of $1.65 which is  N264 when converted to Nigeria currency. this same slippers is selling nothing less than N1,000 here in Nigeria market. you too can see the difference yourself.

Check out this ladies wears above, compare the prices these clothes are been sold in some of the boutiques around our country.but  in chines market, these clothes are been sold three times cheaper than what they are been sold here in Nigeria. you can import these items and make much money after selling them.

Also check this school / office pen below, school pen that are selling for N18 naira here in Nigeria whole sale market, 500 pieces of this same pen are been sold for only $15.23. when you divide the $15.23 into 500 pieces, the price for 1 pen will be $0.03. which is about N4 here in Nigerian money.

As you can see from the picture above, these  men's jeans wear which is been sold for $4.90 in the chines market, which is N780 when converted to naira. this same jeans wear is selling at the rate of nothing less than N2,500 NAIRA in some Nigerian wholesale market. am sure you can see the difference yourself.

DO YOU STILL NEED MORE WORKING PROOFS, THEN CLICK HERE TO SEE SOME MORE.

Below are some of the pictures of our just concluded 5th October 2013 Lagos importation business workshop.

workshop classroom

Picture On Me Illustrating some points.

Attendants pictures.

Its not a must for you to start this business with N10,000, You can  start with a more resonable amount if you have above N10,000, you can still do this business . depending on your financial ability. But the more money you invest, the more quantity of goods you buy and the more profit you make.

 Tips On How To Sell Your Products Fast With More Profit.

In every buying and selling business, your turnover will detamine your success. the same is applicable here. if you can run a complete five trip  turn over within a month.  in this business, then the sky will be your limit.

Here are some tips.

you dont need to sell all your goods by yourself. just like i did. i sold them in bulk. what i mean is. simply locate people that are selling the products around you. all you will do is to supply them your good at a reduced price more cheaper than what they usally buy them in nigerian wholesale market. that will make them buy from you and still demand for more. 

Now let say you started with N10,000 and you are able the run three to four market turnover within a month, using the simple tip i show you above, by my calculation, you capital should be around 250,000 to 300,000 after just a month.

 I Dont Have Any Means of Making Online Payment, How Do I Buy And Pay Online.

Even if you don’t have access to any means of online payment, we have also made a provision to carry you along. We have thought about it and have written a book to be giving to you as a bonus. This book contains information on how you can get a world wide accepted MasterCard the same day you applied for it here in Nigeria. The most interesting thing about this mastercard is that you can also fund it with Naira via any bank next to you and also, you can use it to withdraw all you online earning via any ATM machine in any Nigerian Bank.

About Our Guide To Importation Manual.

“Guide To Importation Business”

The "Guide To Importation Manual" is a  comprehensive ebook that unveils every neccessary imformation needed to start importation business, anyone can apply and start importing goods in a small scale from china without travelling to china and you can start this business with as low as N10,000.
This ebook was compiled by me after extensive Market Research to determine the goods that are selling hot because what you need to import is what is selling hot and not what is not selling cause thats where the cash lays. If you import a product that doesnt have high demand so how are you going to sell it? of course you will sell it but not that fast and it might take you a lot of time to sell it, i bet thats not what you want right?, yes what you and i want to buy is what you can sell easily and fastly in other to order more.
This guide also covers everything about determining the price range of a product, get to know how much a product sells here in the local market and how much it sells in the international market where you will be buying from in order to avoid losses.
I persoanlly have been doing this importation business for sometime now and i must confess is really the bomb and many people that i have taught this business can attest to it and the most interesting thing about this business is that you dont need to go on the streets looking for who will buy the good's from you, NOPE I have unveiled in the secret of getting already made buyers waiting for the arrival of your goods cause you will be like a supplier to them and you will be suppling at a more cheaper rate than they buys in the local market here while also making your own profits and who will see a cheap high quality market and refuse to buy? No one.
Listed Below Are Few Among Many TESTIMONIAL emails we recived from clients who have ordered this guide to importation business manual before now.

CLICK HERE TO VIEW MORE TESTIMONIES ABOUT IMPORTATION GUIDE MANUAL

Inside Guide To Importation Manual.

Guide to importation business is a power packed e-Book, loaded with all information on how to start importation business in Nigeria with a very little capital as low as N10,000 only. Inside Guide importation, you will discover the following secrets:-

How to Order For Guide To Importation Manual

The original selling price of Guide to importation business manual is N5,000 but today, you can enjoy this importation package wth others with only N3,000.
NOTE:  The 3000 Naira promotion price is a limited time offer and is liable to change anytime without formal notification.

 Selling Price N5,000

Promotion Price Today N3,0000

 How To Make Your Payment For The Complete Guide To Importation Business Manual.

There are TWO WAYS you can order and get a copy of complete guide to importation business. You can make payment to our company's bank account with the details below or you can make payment online for the complete guide to importation with your ATM CARD and get the download page instantly after payment.

To order for your GUIDE TO IMPORTATION BUSINESS Using bank payment or online transfer from your account , simply pay or transfer the sum of Three THOUSNAD  naira only ( N3,000) into our company's account with the following account details.

 .

Make your payment into our company's account.

 (N3,000 Only.)

  Bank: Guarantee Trust Bank ( GTbank)

Account Name: Exto Online Services

Account Number: 0111250638

After making your payment USING the bank payment method, contact us at extoonline@gmail.com, extosms@yahoo.com or text to +2348066443606 with the following details.

Full payment details like.

Teller number

Name

Email address.

Once you send the above information's to us, we will send you a download link  within 30 mins after payment is confirmed.

NOTE we will send you the download link to your Guide To Importation Manual within 30min after payment, via the email address you provided along with your payment detail .

OR

You can as well make payment with your bank ATM cards which ranges from all naira mastercards, VISA CARDS, VERVES and all interswitch by clicking the button below. after the completing the payment using your atm card, you will be authomatically redirected to the download page for the complete guide to importation business manual.

 

To Learn How To Make Online Payment Using Your Bank ATM CARD, Simple Click Here And Follow The Instructions As I Have Written Then.

NOTE: All ATM card payments are processed via Interswitch platform

Once you place order for the Importation business guide  ebook using your ATM CARD, you will be automatically redirected to the download page where you will download the ebook from, so there is no need to send us your payment details if you pay using your ATM CARD.

LEARN THIS BUSINESS FACE TO FACE FROM US

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PS: You are covered with our 30-Day MONEY BACK GUARANTEE, if in any case after paying for this package and you it didn't yield the desired result as stated here kindly call or email us for a no question asked refund. but if you benefited from this manual, please always recommend this manual to your friends or facebook friends.

PSS: Our costomer support lines and email address are always open for you to contact us and ask any futher question. just ask and we will be glad to attend to you.

Thanks for your time

Onuwa chike madukwe

President- Exto Online Services Nigeria

08066443606

http://extoonlineservices.info

25 Small Scale Business ideas and Investment Opportunities in Nigeria

1. Livestock Farming

Do you know that one of the fastest growing business opportunities in Nigeria is catfish farming? The primary reason I listed catfish farming as one of the fastest business opportunities in Nigeria is because it’s an emerging industry that hasn’t reached its peak or full potential. The major players in this business are usually regional players. What this means in essence is that each major player in the catfish farming industry is focused only on a particular business terrain within the geographical location of the farm.
Now for those who don’t know, there is a bill being proposed now by the federal government of Nigeria to ban the importation of frozen fish. One this bill is passed into law by the national assembly, the local fish farmers will smile and you will be left behind. So why not position yourself now?

Update: Just as we predicted many years ago, the Federal Government has eventually implemented and enforced the ban on the importation of fish starting from December 2013.

With respect to poultry farming, the ban imposed by the federal government of Nigeria with respect to the importation of live or frozen poultry birds has only helped explode the demand. To be honest with you, livestock farming in general is a booming business in Nigeria and the trend is not dying anytime soon.

You can even start this business from your backyard. With 150+million mouths to feed daily, there will always be demand for livestock products. However, lack of technical know-how and the use of crude equipment are the major factors hampering the growth of this industry.

If you can come in with adequate knowledge and the patience to nurture this business, you will reap immensely. Now you can choose to either venture into livestock breeding of animals or better still, you can stick to livestock feed production or equipment retailing.

• Poultry farming – Egg production, meat production, hatchery or day-old-chicks production, etc.
• Cattle Farming – Dairy (milk) production, beef, etc.
• Rabbit Farming
• Goat Farming
• Sheep
• Fish Farming
• Piggery
• Grasscutter Farming
• Snail Farming

2. Agro-products exportation

Nigeria is blessed with a lot of food and natural resources; and most of these natural resources are raw materials needed for the production of some finished products. Every day, tons of raw materials and food products leave the shores of Nigeria to countries such as India, Vietnam, China, USA, UK, Brazil, etc; yet, the demand is never met.

You can become an exporter by simply registering with the Nigerian Export Promotion Council and decide on the specific product you wish to export. Examples of products highly in demand both within and outside Nigeria are Chili pepper, Mango, Kola nuts, Bitter Kola, Cassava flakes (Garri), Cocoa, Groundnut, Yam flour, Cashew nuts, etc.

However, if you think you don’t have the capital or time to engage in agro-products exportation, then you can stay local by buying and selling them within the country. A good example of a product you can buy and sell for huge profits is Palm Oil.

3. Mining

Nigeria is blessed with a lot of mineral resources like Limestone, Coal, Iron ore, Bitumen, etc. Aside this, the mining industry in Nigeria is set to take off because the federal government in June 2013 implemented a policy to drive forward the mining industry by declaring the importation of mining equipment duty free. The government is also going after many dormant investors who were granted mining licenses but are not utilizing it. This act I believe, will spur the growth in the mining sector. If you have the financial capacity and a team, you can position yourself in this sector.

4. Setting up a private mini refinery

There are lots of business opportunities in the oil and gas sector. Building a private refinery and refining crude oil is another business you should look into because there is a lot of potential in it. In January 2012, the federal government announced the partial removal of subsidy and with a long term plan to totally remove fuel subsidy. What this means in essence is that petroleum product importers will now sell as they buy; thus bringing in competition and it is a known fact that 80% of petroleum products consumed in Nigeria are imported.

Now with the total removal of fuel subsidy, investors will now have the opportunity to set up their own refinery and produce fuel. Are you among those that think the total fuel subsidy removal is a pipe dream? Then think again because in May 2013, Aliko Dangote raised $9billion for the setting up of a refinery; which will be sited in Ondo state.

Honestly, i understand that not everyone have the financial capacity and technical know-how to invest in a private refinery. Well, you can still tap into the oil and gas sector by setting up a filling station, starting a mini kerosene retailing depot or establishing a cooking gas retailing outlet. Which ever one you choose, you will surely make money. Enough said.

Small Scale Business ideas in Nigeria

5. Inland waterway Transport

There are lots of opportunities in the transport industry and inland waterway is one of them. Nigeria has a broad network of inland waterways comprising rivers, creeks, lakes and seas; yet, transportation still remains a challenge because investors are yet to tap into water transportation.

A lot of countries such as Italy, Thailand, etc have effectively been utilizing their waterways as a means of transport; thus reducing the traffic congestion on the road. All you need to do is to incorporate a company, obtain license from the state and federal government, import or purchase some locally fabricated boats; and you are in business.

6. Establishing a Television and Radio Station

Now it is a known fact that the mass media industry is saturated in Nigeria. However, this is only true for some cities in Nigeria such as Lagos and Abuja. I have travel through several parts of the countries and discovered that most states have no private TV station, and only rely on the government own TV stations; which are very incompetent, uncreative and unreliable. I see an opportunity for entrepreneurs and investors with interest and competence in broadcasting or mass media. You can either choose to setup a radio station or TV Station.

7. Setting up a security company

There is a huge demand for excellent security services in Nigeria. As the government battle to improve the security situation in the country, individuals and corporate entities are now becoming aware of the fact that security is not the responsibility of the government alone; it is a collective responsibility. Hence, the current increase in demand for security guards, bodyguards, executive protection professionals and security gadgets or devices.

As an entrepreneur or investor, you can setup a security guard recruitment or training company, or you can setup an executive protection or bodyguard agency. Also, you can import and retail security products and safety devices.

8. Sewing of specialized uniforms

There are over 500 schools (both Crèche, primary and secondary) in Lagos state alone; and each of these schools have a specific uniform or attire for their students. Okay, let’s look beyond educational institutions. Do you know that other individuals and corporate organizations are in need of uniforms for their security personnel, staff, etc?

There are also a lot or military (Army, Air Force, Navy), paramilitary (Civil Defense Corps, Police Force) and non-paramilitary (Road Safety, Traffic Warden, Kick against Indiscipline, Vigilante groups, etc) organizations in Nigeria that make use of uniforms. You can position yourself as a uniform supplier and make money from it.

9. Construction company

Nigeria is still a developing country especially in the area of infrastructure but this is set to change in the nearest future. Massive constructions are currently on-going in Nigeria ranging from bridges, roads, towers and skyscrapers, etc. If you run a construction company oversee, or you have the financial capacity to assemble the needed team and machinery for a construction company; then this is a business you should invest in.

10. Real Estate development

I have met a lot of individuals with money piling up in the bank, but they don’t seem to know what to do with that money. Yet, on every business trip I make, I hear stories of people facing accommodation problems; not because they can’t afford it but because there is none within their choice of location.

Also, I hear woeful stories from students in various universities and other high institutions who live under harsh conditions; not because they want to or can’t afford a comfortable place to live; but because they is no conducive apartment in close proximity to the institutions.

I also know the stress, effort and resources it took me before I got an office space both within and outside Lagos. What these facts or complaints are pointing to is that there is a massive need for buildings, both residential and commercial. It is a known fact that shelter is one of the basic needs of man.

Now for those who wouldn’t want to go through the ups and downs of running a business, you can choose to invest in development of hotels, school hostels for students, shopping malls, residential apartments, events and conference halls, etc.

Fast Growing Business Opportunities in Nigeria

11. Set up a writing company

If you are current with trend, you would have observed that most jobs in the United States are now being outsourced to countries like Philippines, India, China, etc. And as things stand now, a trickle of such outsourcing jobs are coming to Nigeria and one of such jobs is Article Writing or Ghostwriting.

Do you have passion and skill for writing? If yes, then you can either choose to write from home as a self employed freelance writer or you can setup a company, employ competent writers and source for jobs online. This business is easy to get into and it is very profitable.

12. Call center agency

Have you called the customer care service of a telecom network before? Or have you tried sending a message or complaint to a corporate organization before? Do you know that those who take your calls, complaints and respond accordingly are not employees of the companies you patronize; neither do they operate in the premises of the company? If you are hearing this for the first time, then welcome to the world of “Call center outsourcing.”

You can setup a call center agency and work for big companies on a contract basis. One sweet fact about this business is that you can always start small by becoming a call center agent from home, as it doesn’t require much startup capital unless you want to scale up by employing more helping hands.

13. Recruitment Agency

The labour market is becoming tougher and there are over five million unemployed youths in Nigeria. Another hard fact is that companies are no longer employing full time in-house staff; they are now using the services of recruitment agencies to employ people based on contract basis.

This strategy is aimed at reducing the cost of doing business by avoiding the cost of conducting a recruitment exercise and also avoiding employee claims and benefits. This is the sole reason why banks and other companies are sacking their workers on daily basis.

So rather than fight the trend, why not profit from it by setting up a recruitment agency and connect jobseekers to their dream jobs. You can also be a corporate executive headhunter and make money poaching competent staff from one company to another. If this is too capital intensive for you, then you can setup a resume writing service from home and profit from the trend.

14. Importation of wears

Clothing is another basic need of man. Regardless of the economy, people must wear clothes and this includes shoes, bags, underwear, perfumes, etc. Now there is a fast growing trend now and that is “Used clothes” or “Recycled clothes,” otherwise called “Okirika.”

Since the economy is getting tougher and there’s need to be clothed, the masses have resolved to buying used clothes rather than new ones. Still yet, there is a market for new clothes; for men, women, and kids. You can source your materials from China, Hong Kong, Italy, France, Dubai, India, etc.

15. Haulage and logistics

Haulage and logistics is another booming business in Nigeria because regardless of the weather, people must haul their goods from one location to another. In fact, haulage or trucking business is one of the most profitable businesses so far; though it is management intensive. However, you can start with just a truck and see how it goes.

You can choose to focus on hauling containers for clients from the seaports to their various destinations or better still, you can choose to haul products of specific companies such as breweries, production companies, etc. You can also haul perishable goods from farms and villages to the marketplace or you can haul specialty products such as frozen foods, petroleum products, gas, etc.

Now there is also an opportunity for those who want to venture into haulage business but do not want to be bugged down by management requirements. All you need to do is to buy a truck and contract it to a Haulage and logistics company; which will in turn pay you a specified amount weekly or monthly based on agreement.

16. Outsourced bus service

This is another form of haulage business, but this time you will be lifting humans. This is a business that requires providing transportation services to organizations that cannot afford to buy a vehicle in-house. Your clients in this case can be schools, religious organizations, NGOs, corporate bodies, etc. Some corporate organizations can’t afford an in-house transport system for its executives and staff, so this is where you come in. You provide the cars or buses, provide the drivers and you are paid on a monthly bases or contract bases for the use of your transport services.
Another area of target is schools. Most schools would like to provide transport facilities for their students but they can’t afford it and this is where you come in. You provide a bus service system and send out a proposal to schools to use your bus services. Just imagine 20 or more young schools jointly using your student bus service system and you will catch the vision of this idea.

Small Scale Business Investment Opportunities in Nigeria

17. e-Services

Nigeria is catching on with the rest of the world with respect to technology. If you are technologically inclined, you can setup shop in Nigeria and start offering e-services to clients. Example of such e-services include Web designing and development, Web hosting, App development, Digital marketing services, Search Engine Optimization services, Banner design services, Bulk SMS services, Online registration of exams such as JAMB, WAEC, professional courses, etc

18. Daycare centre

The demand for quality childcare service is increasing daily. Parents are now working harder just to generate enough income to keep the family going, thus leaving them with less time for the children.

Now to be honest with you, there are a lot of daycare centers existing but only a few are providing exceptional services; and parents that cherish their kids are never comfortable leaving their kids in a child care centre whose environment is dirty. If you can come in with exceptional service and creativity, you will make money from this business. Another thing you must know is that you can start this business from home.

Now for those who lack the capital and experience to setup a full-scale childcare center, you can still make profit of this niche by starting a small scale babysitting service or Nanny agency.

19. Training centers

Every year, millions of people sit for examinations and tests in Nigeria and most of these people usually need some kind of trainings or tutorials. You can position yourself as a provider of such training and make money off this niche. Examples of trainings you can offer include skill vocational acquisition training, corporate management skill training, etc. You can also conduct tutorial for individuals writing professional exams like ICAN, WAEC, JAMB, A. LEVEL, etc.

20. Waste Management

Waste management is another business with a future potential because Nigerians are yet to imbibe the habit of proper waste disposal. However, states like Lagos have been doing a lot to encourage proper waste disposal and management. Now there are several businesses you can start within the waste management niche and these include waste recycling, waste disposal, junk hauling, organic fertilizer production, etc.

21. Food processing

Another profitable industry to consider is the food processing industry. The concept of this industry is simply to take raw food materials and turn them into finished products. In fact, there are a lot of businesses you can do in this niche and examples of such businesses include Tomato puree production, Frozen food production, yogurt production, Vegetable oil production, Garri Processing, oil palm processing, groundnut processing, Fruit juice production, Rice milling, etc.

22. Alternative Power Installation

As the world goes green, and Nigeria battles her power supply challenges; there is an already established opening in Nigeria’s power sector. Even though the government has taken steps to deregulate the power sector by granting licenses for Independent Power Plants, granting a free import duty for the importation of power generation equipment and commissioning several power projects, this will never hamper the growing demand for alternative power generators such as solar panels, wind mills, Inverters, etc. You can either make money by importing and retailing these materials or you can choose to focus on installations.

23. Plantation Farming

Do you have a fertile vacant land and you know that you won’t be developing any structure on it in the nearest future? Then why not start a livestock farming, crop cultivation or plantation farming. There are a lot of cash crops you can plant, nurture and forget; and they will keep providing you with steady returns annually. Examples of crops you can start a plantation around are Orange, Plantain, Kola nut, Oil palm, Cocoa, Cassava, Yam, etc.

24. Manufacturing

You can also venture into small scale manufacturing of products that are in daily need. You don’t need to build a factory or industrial plant; you can start on a small scale from your room or a rented store or apartment. Products you can start manufacturing include Toothpicks, Tissue paper, Serviette, chalk production, candle, Match sticks, nylons and polythene bags, cartons, paper bags, etc.

25. Bottled water production

I get calls from individuals almost on daily basis who are interested in setting up a “sachet water” (Pure water) production plant. Now let me tell you the honest truth, the sachet water or pure water business is saturated and the business may die off very soon. Why did I say this? Well, I got information from a reliable source that there is a long term plan to ban the production of sachet or nylon water; so as to stem environmental degradation and checkmate blocked drainages.
So once this bill is passed into law, the sachet water production industry is toast. The only solution I foresee that can keep this business afloat is the establishment of a nylon recycling plant. However, to avoid being a victim of this yet-to-be proposed policy, it is advisable you venture into bottled water products and establish yourself as a brand.
26. Become a Cement Distributor for Dangote
27. Bars and Clubs
If not a hotel, you can consider investing on a bar or a night club. Again, it attracts tourists who are looking for an active night life in countries like Nigeria. Plus, many local young adults in Nigeria seek a fun night life. If you are interested in investing in the entertainment industry, then you should consider starting a night club or bar.
28. Cold Room (Frozen Food)
Despite the high number of livestock farmers in Nigeria, frozen fish and chicken are still being smuggled into the country through the border because there is a market for it. Some people don’t want to go through the stress of killing and preparing fowls for eating, so they prefer to buy ready-made frozen birds. With the right plan and a strategic location, you can make millions by investing in building and operating a cold room.
In conclusion, the investment opportunities in Nigeria are not limited to the list above. With a little digging and research, you will surely uncover more of these opportunities. However, the point I want to stress is that having the capital to invest in these opportunities does not mean you will succeed at it.
More important than your capital and the business opportunity is to make sure you have adequate understanding about the industry you intend investing in. Knowledge and experience are the prerequisites for low risk investing.

Written by Ajaero Tony Martins

Ajaero Tony Martins is a serial entrepreneur and investor with several successful companies in his portfolio. He does business in one of the world’s toughest environment and has an audacious goal to become a billionaire in his life time. You can click here to read his full bio.

NO WAY! Ngozi Ezeonu, Chiwetalu Agu Go Back to School (PHOTOS)

Many actors and actresses from time to time go back to school for movies. For instance, Ini Edo being the latest in Nollywood movie 'Ekaette Goes To School', Mercy Johnson playing student role in 'Dumebi Goes To School', Funke Akindele and Nkem Owoh in 'School Children'.

However, this is totally surprising when Nollywood veterans do that. Ngozi Ezeonu and Chiwetalu Agu have recently dressed up for school.

 

Nollywood actress and model Uchenna Nnanna-Maduka took her Instagram to share the photo above.

“Dis is how we roll,” the actress wrote.

Are you eagerly waiting for this movie?
READ MORE:  http://news.naij.com/60824.html

PHOTO: SEE What P-Square And Their Crew Are Doing

Identical twin brothers and multiple-award winning duo Peter and Paul Okoye popularly known as P-square are apparently prayer warriors.
Peter Okoye recently shared the photo below of P-square and their crew praying backstage after a stage performance.

P-square praying
The musical duo have always attributed their success to God.
Recall in an interview last year, they said fast and pray seriously before releasing any album.
READ MORE:  http://news.naij.com/60797.html