INVESTMENT AND BUSINESS OPPORTUNITIES IN NIGERIA
I Kings 5: 10-15
“Businesses written down will make no dime, give action to your vision.”
King Solomon was into over 44 different businesses, it is little wonder that he was wealthy. He received inspiration for these businesses, but the most important thing was that he put his inspiration and ideas in action.
I pray for you, receive open eyes and courage!
When you put your idea to work and turn it into a business, you will find that there are three to four other businesses involved.
Let’s look at some of the businesses that can be started with little to zero capital.
Gen. 13: 1-2, 7
Abraham was a businessman and an entrepreneur. Verse 2 of that scripture says he was rich in cattle, silver and gold.
Livestock farming includes catfish, snail, pig farming, etc.
- Little start-up capital
- Can start small, even in your backyard
- Very little information and research needed
- No serious law against it
They are foods and resources that can be exported, like Chilli Pepper, Mango, Kola Nuts, Cocoa, Cashew Nuts, Palm and Groundnuts Oil.
Things To Note:
- Decide your specific products.
- Register the company with the Nigerian Export Promotion Council.
- It is more capital-intensive than livestock farming.
Road Network: Buses, cars, bikes, tricycles etc.
For the road network business, you need to register at a park, get a good vehicle, get a well-mannered driver. It can also come in form of Group-owned transportation plan: Owner, Higher purchase dealer, Company based: Blessing Line, Ekene Dili Chukwu etc.
Haulage and Logistics: Deals with hauling heavy goods from location to locations on trucks, containers etc.
Doing the transportation business, you need to know that it is management intensive; you need to choose a particular product to haul, buy a truck or partner with a registered company.
Other opportunities in this business are Carwash, Car paintings, Vulcanizing, Driving School etc.
Inland Waterway Transport
Nigeria is blessed with rivers, creeks, lakes, and seas. Developed nations make a lot on waterways transportation.
Things To Do:
- Incorporate a company
- Obtain license from state and federal government
- Import or purchase boats, ferries etc.
- Calculate the risk on Nigeria water ways biz
Sewing of specialized uniforms: There are over 1000 Schools in Lagos States alone (Crèche, Primary and Secondary Schools).
Individual/Corporate Organizations’ Uniforms, Neighbourhood Vigilante and Security Sectors uniforms etc.
What To Do:
Register your company; position yourself as a uniform specialists not just a tailor! Yes there are tailors, but you can be more than that – you can be a fashion designer, image makers, wardrobe consultant etc.
Other ideas in the fashion business are Adire making, Beads making, Hat making, Salon, Make-up artiste etc.
Developer, Estate management, Agents etc.
E- SERVICES: TECHNOLOGY AND INTERNET BASED SERVICES
Services such as Web Designing, App Development, Web Hosting, Banner Designing, Digital Printing, Bulk SMS Services, Online Programme Registrations e.g. JAMB, WAEC, Professional Courses etc.
Daycare services: The need and demand for child care is on the increase
Things To Put In Place:
Exceptional environment, friendly staffs, duly registered
Other hospitality services include elderly care services.
Nigeria is lacking behind in manufacturing due to many reasons, but it is a large area of investment because they include products that people use daily!
Small Scale Manufacturing: Includes products like tissue paper, candles, match sticks, polythene bags, creams, shoes and shoe polish, soap, etc.
Big Scale Manufacturing: Plastic, Roofing sheets,
Things to Know:
It is capital intensive, company must be registered, and you must get approved certification.
Nursery/ kindergarten school, private tutoring/teaching, adult literacy teaching services, instruments instructor, etc.
Outdoor and indoor catering, party planners, cake and bread baking, and other forms of catering like small chops, chin-chin, doughnut, popcorn etc.
Corporate building cleaning services, laundry, rug and carpets, janitorial services etc.
- Musical bands
- Drinks and water services
- Decorations and beautification services
- Wedding planners, etc.
- Rental services: Generators, Canopies, Chairs, tables, plates etc.
- Gym and spa services, Body massage, Body Fitness and sport centres, etc.
- Nursing agencies
Note: You must engage in covenant practice and diligence to breakthrough in business as a Christian!
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