, you need to watch your step before you carry it up. What i mean is that you have to be carefull

@Poster
Its really good u want to invest in Nigeria, Please Do your feasibility very well.
How ever I have some tips to give u

1 Never try to get loan from Nigerian banks cos the interest is gonna kill u,they can easily give u the loan because of where u're comming from but all in a bid to milk ui.e its just like u're gonna be working for them

2 try to grow ur business without a loan.

3 you really need 2 find solution to eletricity, you can buy generators but the running cost(diesel,maintenence) is going to kill you.
you can site your prodtn plant somewhere in ibadan, calabar, akwa ibom,Port harcourt or industrial estate in Ota Ogunstate where eclectricity is stable. thinking of Lagos?? you will soon go back to the states empty.
But I can assure you, your market is great in lagos.

4 get local materials

5 Please employ experienced Nigerian invital areas and PAY THEM WEll or esle?

On d last note I beg make u get one correct pastor wey go do special prayer on the site because Nigerian demons(witches) no get respect for kolor(oyinbo)

Wao I hope this helps

Get a good consultanty to do recruitment for you.
Hook up with a good marketing agency.
Plan well for your raw materials .
You can also cite the factory in an area that has good power supply to reduce cost of running generators.
Banks interest rates are high but profit margins are also high. Lot os foreigners come to Nigeria with empty briefacases and build up multi million naira businesses
Be determined to succed.
Nigferia is a product hungry market

cool.

after deciding on biz u want to do. it'll be a nice thing to have an online presence

and exposure.

We will build your website for you and make it rank on the 3major search engines

for chosen keywords for a token.

when you're decided, mail me at sulaimantaiwo1@gmail.com

location will matter in your business and i suggest the fastest real estate corridors of lekki, abuja ,portharacourt,and possibly ikordocu road.i suggest you try to get contract to supply and instal in estates that are massively built,by this you will establish your self.you could advertise in www.castlesweekly.com,thats the best real estate newspapers.Lots of Nigerian people staill have a colonial mentality and the appreciate it when a white skinned person comes to install there wares,its a fact,and you can take advantge of it to make contacts and business,you must have a secured warehouse with outbound and inbound logistics that are perfect to control stealing.Goodluck

I'll suggest that you should first come and do some work experience in the sector you're planning to explore, even if it is for a low wage. This should give you the right exposure to the modus operandi of how things work in 9ja, that is what my people call "The Nigerian Factor". If you're a fast learner, it may take you about 6 months to understand well well After which, you will be in a better position to decide which way forward. Once again, don't start out by investing your life saving as this will be considered as sailing uncharted waters. Nigeria is a good country ,

Thanks for you interest in our country, well many of the negative comments are worth considering, but we must understand that there other companies that are thriving in the same industry. in other words, the risks can be mitigated.

Asking you take employment in a similar business is not a bad idea, just I am not sure you will easily get such job, and even if you get, you may not be in a position to see how things work.

You may want to consider Contract Manufacturing first, i.e you talk to existing manufacturers on how they can roll out your product at cost. This allows you to focus on logistics and sales, therefore avoiding the evil of investing substantial in equipment that does not allow you to reverse your decision without incurring substantial loss.

This arrangement will allow you test the market with minimal capital and you will be able to learn the ropes.

[b][/b]To me i think moving to Nigeria to start a business is a good idea,that is if you know what you are doing.But there is this good site a friend of mine told me about that i cheeked that helps in building business ideas,you can cheek it out if you like,

hi friend,
Nigeria assure you of a wide insatiable market.but be careful who you deal with moreso you must have enough fund for your daily running cost.Also your marketing niche should be able to cater for your expenses

Hi Guys, I live in the USA now and am planning to relocate to Nig later this year. I am not Nigerian, I have friends out there who are. However I have spent about 3 to 4 months visiting there in 2004, I loved it a lot, people there are inspring and hardworking. I know there are others who focus more on the negative.

I want to open a Toiletery and laundry supplies manufacturing business and I also want to do houseware stuff like beddings, dishes etc, all of these to sell wholesale to the local market.

What do you guys advise. thx

i do not agree that you are not nigerian, you sure write/ speak like a nigerian

Please make sure adequate planing is in place.
Please,i have just acquire new skills.pl i dont mind if you can help me with companies in USA that need SAP Fico .i just need some implementation Experience.
My contact =taiwobakareaat@yahoo.com.
Regards
Taiwo

With good friends to help out in Nigeria then be sure you have a possible market of more than 160m Nigerians to sell.
Believing in the brand Nigeria would fetch much profit.
Best of luck and am sure 9ja would be great.

@ topic, bold and very good move, ride on. my only advice is - mosquito bite is a big problem all over nigeria and west africa, so if u can produce a product (lotion/cream etc) to prevent mosquito bites, u have a big market awaiting u! To ur success.
By d way, is ur boyfriend nigerian?

thatz a good biz, but you have to budget more on electricity
good luck

Prince generation nigeria is a company that its services include importing general goods,whatever you want to import from abroad mainly china we can help you import them such as printing machines,printing press papers and printing stationary,packaging machine and componets,washing machines,industrial machines of your choice.mobile phones and accessories,electrical equipments and appliances etc,

we are also general contactors


contacts, 07033307912
prince_adedeji@yahoo.com

Regards from
PRINCE GENERATION NIG

Hi Guys, I live in the USA now and am planning to relocate to Nig later this year. I am not Nigerian, I have friends out there who are. However I have spent about 3 to 4 months visiting there in 2004, I loved it a lot, people there are inspring and hardworking. I know there are others who focus more on the negative.

I want to open a Toiletery and laundry supplies manufacturing business and I also want to do houseware stuff like beddings, dishes etc, all of these to sell wholesale to the local market.

My advice to you is to join politics of Nigeria.
Join the PDP because that is where the action will be.
Be a supplier to very rich Government agencies like INEC (87 Billion Naira),NNPC and PHCN. if you want to move forward businesswise.
See the blog http://PoliticalTipz..com for further information on how to survive in business politically in Nigeria

Mr pepsi, i have read the thread nd i must say its interesting, all i would say is this , pls be careful i see a lot of enthusiasm in ur proposed venture, do play it safe , what i would advice is this , work from the rear, get in touch with ur embassy nd let dem hook u up with successful businessmen from ur country doing business in Nigeria, let their experience guide u, easy does it

can anyody tell me if any kind of shoe is prohibited by th cusotorms to import?

it is a good idea of business in nigeria but my advice for you is that DO NOT TRUST ANYBODY IN BIZ EVEN YOUR FRIENDS GIVE A BENEFIT OF DOUBT YOU CAN GET SWINDLED AND SCAMMED cos guys in nigeria are desperate to have money seek expert advice in the field of profession b4 venturing into it good luck

i think it's a good biz. i will only want you to study that works here since you are new in naija. wish you all the best. things work differently right here.

nice, start something now.Nigeria is the best place to do business if you are smart and understand the terrain. i will advise you to find people in that same field to guide b4 investing your money to avoid loss.

Do you have a busines plan? One can be made you.
Call 'Tayo on:
07093743558, 07065926857, 08121459053.

Hello All,

I moved back recently and looking to set up a moving (logistics) business. I am however need some help with a survey I am conducting. Thanks in advance

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