Guys! I am moving to Nigeria after been in the U.K for 15years. What type of biz could i invest in with 40M naira?

Thanks

Depends on your area of expertise and the kind of returns you are seeking.
I think the consumer market is currently the most impressive sector of the country as our large population and relation appetite for consumer goods actually equates to high turnovers.

In no particluar order:

FMCGs
Food Related manufacturing
Bulding Materials
etc would give you very impressive returns on investment.

Whats the ROI on that?

If you have good management team and location outside lagos such as Ogun, Osun Ekiti etc. I will suggest nylon extrusion, bag making, and all it encompass. I can forward my homemade detailed feasibility study if you want.

https://www.nairaland.com/1213086/charcoal-production-investors-needed-pics


You can check my thread.

lanruma001: Guys! I am moving to Nigeria after been in the U.K for 15years. What type of biz could i invest in with 40M naira?

Thanks

If you are genuinely serious about having money to invest, I'd strongly suggest that you contact me. I'm also based in London and have lived here my whole life. I am as we speak, about to launch a business in Nigeria that WILL become a multi billion dollar business within 5 years. I'll be in Lagos in 3 weeks time to formally launch.

If you are genuinely serious, i'd have a read of the thread entitled "The easiest way to get rich......" Then feel free to reach out if you want to discuss further.

You can invest in real estate(that's the cash cow) in one of the worlds fastest growing cities: Abuja.We can guide you in that line if you send an email to info@omeassociate.com