Small and Medium Enterprises opportunities:
Bayelsa State


www.youngoliki.


Researched and written by Young Amainitimi Oliki


Copyright Notices

© 2012 Young Oliki All rights reserved.
You do not have the right to modify the content, copy or reprint this book. Any attempt to reproduce this book by any means (photocopy or
Storage in CDs) is prohibited. For information on how you can reproduce it mailto: youngoliki@gmail.com

Publisher’s Note
This publication is designed to provide accurate and authoritative information concerning the subject matter covered. It is provided with the understanding that the publisher is not rendering business, accounting, or other professional service. You are advised to screen and scrutinized every business idea and opportunities given in the content of this material. As with every form of business, there are inherent risks, and if more business, legal or other professional expert assistance is required, the service of a competent expert should be sought. The writer can be contacted to however provide consultancy for a fee on any of the subject matter.

About this publication
This Compendium is a state by state compilation of Business opportunities in Nigeria. It showcase opportunities for investment for would be investors in each of the state that is showcased.



Preface
There are unlimited business opportunities available in Bayelsa State, Nigeria. This will be apart from oil, which if the indigenes or any one for that matter can key into, the fortune of the people in that great state could really become all-round great. If you are seeking to plant your money in this specially endowed state, here are lucrative businesses you should consider.


Small and Medium Enterprises opportunities:
Bayelsa State


AGRICULTURE
Agriculture is the bedrock of all economies of the world and it is not an exception in Bayelsa. Bayelsa state has potential for a vibrant and profitable agro based industry.
Various Governments all over the world are creating incentives for investment in Agriculture as a proof of its importance and viability. Are you looking forward to investing in agricultural sector of the State Agricultural products on which small - to medium - scale industries could be established includes:

Fishing Industry:
Fishing is the major occupation of Bayelsa State people because of its abundant creeks, lagoons, rivers and swamps within which commercial fishing is practiced. Over 200 species of fish can be found in the waters within and around the state. Therefore opportunities for entrance in this industry include:
1. Fish canning and processing
2. Fish Farming (including using artificial ponds)
3. Commercial Shrimp and lobster Farming for Export
4. Commercial Fish Oil Extraction for local and export.


5. Rice Farming and rice milling

6. Commercial Snail production
7. Local gin distillery from raffia palm
8. Palm wine bottling for Local production and Export
9. Oil extraction from coconut for domestic and export purposes
10. Palm kernels oil extraction.
11. Fatty oil extraction and production for domestic and export purposes

12. Ogbono': Production of Ogbono on a commercial scale



Cassava Based Industry

Cassava constitutes close to 90% of the total raw materials required for the manufacturing of cassava based products. Nigeria is the largest cassava grower in sub Saharan Africa. A large amount of cassava is currently being cultivated in the State and with the current interest and incentives provided by the Government, it is sure a bet area for profitable investment in the State.

13. Process of cassava into pellets for Exports
14. Production of Cassava chips for local and international consumptions
15. Industrial Starch Production
16. Commercial Cassava flour (Fufu) production
17. Ethanol production from cassava
18. Commercially packaged and processed Garri
19. Mechanized Cassava Farming
20. Processed cassava into glucose syrup

Processed foods

21. Bread industry(there is a huge need for more bread industries in Bayelsa)
22. Water bottling and sachet plant
23. Water treatment and analysis

RUBBER BASED INDUSTRIES

Rubber Based Industry
Rubber is an important cash crop in some part of the state and thus can be utilized as business in the following areas:

24. Manufacturing of belts,
25. Inner tubes production
26. Tyre manufacturing
27. Pipes production
28 mats Manufacturing
29. Production of shoe heels and soles



Forest products

Various species of tropical trees grow in both the mangrove and fresh water swamps in Bayelsa State. These can be adapted for commercialization in the following areas:
30. Investment in paper and pulp manufacturing
31. Furniture Manufacturing
32. Toilet rolls Manufacturing
33. Canoe and boat building
34. Tooth picks production
35. Boards for packaging
36. Ice cream sticks
37. Straw matting for packing.
Petrochemical based industry
Availability of petrochemical products like Polyethylene (PE), Polypropylene (PP), Polyethylene terephthalate (PET), Polyvinylchloride (PVC) and other obviously confer enormous advantage on the plastic industry- which provides limitless investment opportunities in Bayelsa. Advantage of this opportunities company is the pervasive nature of plastic products and a huge consumer base .Again there are very few plastic manufacturing companies in South-South Nigeria. The materials can be sourced in Port Harcourt and/or Warri.
Two of the most attractive investment opportunities in this sector for Bayelsa are:

38. Polythene Nylons Manufacturing
39. Pet bottles manufacturing

Clay Based Industry
40. Bayelsa State has large deposits of clay. These can be adapted to produce clay bricks for the growing building Sector in the State.

Transportation
41. Inland water way transport is one of the fastest growing business opportunities in Bayelsa. In fact, I believe the niche is still untapped because I am yet to see a modern Commercial boat or ferry service system in the state.

42. Haulage and logistics

43. Commercial mass bus service is needed to cater for the growing population
Of yenagoa


Industries with multiplier effect

44. Flat sheet mills Production
45. Machine tools industry including foundries and engineering industries for spare parts
46. Basic industries and petrochemical and liquefied natural gas projects
 
Investment in primary and secondary Education
47. The need for qualitative education is on the increase in Yenagoa and the burden to
provide quality education is getting heavier for the government to bear thereby,
leaving room for private and institutional investors. The room is wider for few
investors to complement Government effort on providing quality education to its
populace.
Safety and protective industry
48. With the coming on stream of the Brass LNG and independent power plants and Couple with the existing oil and gas companies in Bayelsa their exist a wide Opportunities for investment in the manufacturing of protective gears and safety Work clothes. It is time we do away with imported protective clothing.

Green Energy and Technology
49. With a global increase in the awareness of environmental degradation and its
hazard, the world has resorted to finding an alternative “green energy.” Nigeria is not left out in this global awareness that has created massive opportunities for smart entrepreneurs and investors. If you feel green is the next business trend on board, then below are the fastest growing business opportunities in the green energy and technology sector of Nigeria and can be adapted by investors in Bayelsa.
Waste management
50. With an increased awareness in the need for environmental conservation;
Opportunity has popped up in Nigeria in the area of waste management.
When analyzing the waste management business opportunity, I observed that two
Factors are responsible for the potential in the business and you must make sure
these two factors are in place before deciding on an area of service.

1. Population of the people
2. The amount of waste being generated daily in tonnage.
Yenagoa as a bursting population is qualified to be classified amongst the green state in Nigeria and the challenges arise creating opportunities for a private public partnership in waste management.
Waste recycling
51. The next fastest growing business, yet untapped business opportunity in Nigeria is waste recycling. I don’t need to expatiate on this as the details are clear. With increase in waste generation comes the need to recycle most of it. You can venture Into either bottle and can recycling or nylon recycling. You can even embark on a Waste to green (manure) project as Nigeria and indeed the south -south region has a huge demand for organic and inorganic fertilizer.

Upgrade Coming in May 1st 2013

Written and researched by Young Amainitimi Oliki
Email: youngoliki@gmail.com
Available for download www.youngoliki.