Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,775,686 members, 6,612,351 topics. Date: Wednesday, 01 December 2021 at 10:13 PM

How To Invest In Quarry Business In Nigeria - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Invest In Quarry Business In Nigeria (18740 Views)

Major Investors Needed For A Quarry Business / Invest In Quarry Business / Investors In Quarry Business Needed (2) (3) (4)

(1) (2) (3) (Reply) (Go Down)

How To Invest In Quarry Business In Nigeria by sabawex(m): 4:19pm On Jul 28, 2014
HOW TO INVEST IN QUARRY BUSINESS IN NIGERIA
Quarry is a major sector in the construction industry ,it makes Granite a a fundamental product in building construction. From time immemorial using of granite stone for construction have been the order of the day,it remains a core product in construction.Nigeria is blessed with this essential solid mineral which makes it profitable for anyone to own a quarry .The country is richly endowedwith granite stone and other related solid minerals like Marble, Dolomite and Basalt etc. It is found in Enugu, Ebonyi, Kogi, Plateau, Ogun, Oyo, Osun and Ekiti etc. Hence, granite is among the most available and affordable building material. Nigeria been a country located in the tropics The country has these rocks in commercial quantity and it is a means of livelihood for many in some parts of the country.
An investor would require millions of naira to start and operate a quarry .The actual cost would be based on the scale the investor wants to start the business.
The cost of the machinery required for the crushing of the granite which make up between 60-70% of the cost of the establishing the business is based on the three {3} factors which are the input of granite,the output of the granite and the capacity of the machine required.

The investor would need acquire/lease a rocky land for a period of 1-5 years and site a quarry for the manufacture of granite for sale to developers or to be used as raw material for the production of flooring tiles, marbles and antiquities etc. After leasing the rocky land, the investor will then have to purchase heavy quarrying equipments like; The Crusher, Excavator, Pay loader, Way bridge, Dumper, Carriage trucks (10-40 tons capacity) etc.

Technologically, Nigerian Quarry still rely on importation of required equipment from Europe, USA and China ,until we get a better local production5. The investor can choose to lease a complete quarry that has been poorly managed with all the equipment intact. The next thing is technical expertise, the technical know-how aspect is very important because this is the key to success in this business. Presently, the Chinese technically crew are enjoying patronage because of their technical skills Furthermore, after fixing the technicaland mechanical need of the business, another thing is Effective and Efficient management of the Man, Machine and Material to achieve result (profit making). Thus, the need for a business and or management expert that can make things happen. Note that no matter how good your production, machines & staffs are, without a good marketing structure, the business will fail. As a quarry owner, you could sell to agents and suppliers or directly to the final user

The following are imperative while setting up a quarry :
1.Perimeter Survey Of the Quarry 2.Cadastal Survey
3.A registered Company Name
4. Exploration information (Geo Survey) GPS Reading, report writing, activities and Findings
.5. Application Form from Abuja, attestation Form from Abuja to be filled by a Lawyer
6.Bank reference ,capability of Finance in a format different from Statement of AccountThere are rocks spread in various towns in Nigeria,these rocks spread in acres and in most cases cannot be managed by one company. Some rocks are even outcrop to about 120 ft above the ground level and about 100 ft below the ground..
One of the Title available by most of the owners are DEED OF OWNERSHIP.Also investors have the opportunity to lease some of these rock endowed land and explore the minerals for a set numbers of years and the minimum is usually 10 years.The lease cost range from N2m to N5m per year.To own a Quarry Investors need to submit an at the ministry of solid minerals and this can be easily done by Lawyers who are familiar with this process to get Approval for exploration.

Examples of a major quarry in Nigeria are western quarry Ltd in Odeda OGUN STATE ,FEMAB-ORIENTAL QUARRY IBADAN_ The company (FEMAB-ORIENTAL) has two Quarry one is located at ARAPAJA Town around Ibadan Toll Gatenear Guru Maharaji Temple.The Quarry has an installed capacity of 260 Tons per hour with a total of 6Million Metric tons in ReserveThe second Quarry is located at ONIKAINKAIN Town in Ibadan ,it has an installed capacity of 260 Tons per Hour,with a Granite reserve of10 Million Metric tons .These companies are among the biggest producers of Granite stones in Nigeria,serving most construction firm in nigeria through partnership of firms like ours
For
-delivery of Quality granite stones to your Construction sites at affordable price -Effective Execution and handling of LPO For the supply of granite stones
-For consult on establishment of
profitable granite quarry
better management of your trucks from losses to more profitable ventures
Contact SABAWEX HAULAGE AND ESTATE
CONSULT LTD on Sabawex2011@gmail.com
+2348037722526
+2348176126858

2 Likes

Re: How To Invest In Quarry Business In Nigeria by IRIENBOY(m): 8:30pm On Jul 28, 2014
Nice work,bro.

1 Like

Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 6:54am On Jul 29, 2014
tap into the huge opportunity of massive construction project that had commenced and those that will commence soon to invest in Quarry or Quarry related business (trucks, agency etc) notable ones are:
Dangote $9B Refinary proposed at lekky free trade zone
second niger bridges
massive housing project in Abuja and other part of the country.etc
We have teams of proffessional technicials to Really make your investments realisable and worthwile..
Re: How To Invest In Quarry Business In Nigeria by IRIENBOY(m): 7:13am On Jul 29, 2014
How much,do you think,that this project will cost to set it up?
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 3:11pm On Jul 29, 2014
it Is shameful sometimes to see chinese and lebanese companies smilling to bank through their investment in quarry business here in nigeria while some nigerians waste millions in unproductive investmentss

1 Like 1 Share

Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 2:12pm On Jul 31, 2014
right investiment
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 8:49am On Aug 01, 2014
.,
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 10:44pm On Aug 12, 2014
wxyz
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 8:11am On Aug 14, 2014
,
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 9:32am On Sep 27, 2014
18 acres of land availabe with about 10million tons of granite stone available in reserve(rough geological estimation)
location: Ogun state
price: #30million (asking price )
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 12:15pm On Sep 27, 2014
quarry land available at various location in ogun state
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 12:19pm On Sep 27, 2014
offer for sale
established quarry
available in ogun state
operating at full capacity
250tons of granite stonerg per hour
on over 100 acres of land
with an estimate of 20million tons of stones (in reserve).
full capacity
crushers(250tons/hour)
3 power generating set
800kv(2)-500kv(1)
6 DUMPERS
3pay loaders
price: $4.8million (subjected to negotiation)

interested firm or person should reach us on
+234 8037722526
+234 8176126858

Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 12:09pm On Sep 28, 2014
for sale Granite stone crusher machine of 20tons per hour capacity,
price #2.5million
reach us on +234 8037722526
+234 8176126858

Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 7:20am On Sep 29, 2014
thank you for the inspection
Re: How To Invest In Quarry Business In Nigeria by tony231(m): 9:16pm On Sep 29, 2014
Hi, dont u av any querry land in abuja? Also how do u transport the ibe in ogun stste to abuja
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 11:33am On Sep 30, 2014
,
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 1:14pm On Oct 06, 2014
g
Re: How To Invest In Quarry Business In Nigeria by Emmelix(m): 3:56pm On Oct 07, 2014
Like every other invearment ,I believe investors should do there due diligence, get the right team together,get enough education on the investment.

Like every savvy investor will say its not the investment or the asset thats is risky its the investor not knowing anything about the business or asset there are investing into that is risky.

@sabawex we have 950,966,980 pay loaders for rent/hire/ lease... And also 320,325,330,345..excavators for lease too..call us today 08061164526!! And also look up profile and all my post on nairaland
Re: How To Invest In Quarry Business In Nigeria by jetinvestment: 4:07pm On Oct 07, 2014
WOULD YOU LIKE TO INVEST IN MY WATER BUSINESS? THIS IS A VERY DIFFERENT AND INNOVATIVE IDEA PLEASE VISIT MY BLOG PAGE FOR MORE INFO aacilnig..com You will be glad you did.
Thanks
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 4:03pm On Oct 09, 2014
Emmelix:
Like every other invearment ,I believe investors should do there due diligence, get the right team together,get enough education on the investment.

Like every savvy investor will say its not the investment or the asset thats is risky its the investor not knowing anything about the business or asset there are investing into that is risky.

@sabawex we have 950,966,980 pay loaders for rent/hire/ lease... And also 320,325,330,345..excavators for lease too..call us today 08061164526!! And also look up profile and all my post on nairaland
we get back to you ASAP
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 3:40pm On Oct 11, 2014
g
Re: How To Invest In Quarry Business In Nigeria by sellydion: 9:17am On Oct 14, 2014
A business for the Germans!!!

You understand? lipsrsealed
Re: How To Invest In Quarry Business In Nigeria by fm4real2k6(m): 1:15pm On Oct 17, 2014
I cant just but be part of this thread.

There is a Quarry site for sale in Kwara state.
Its 96,000 square meter in size and added with about 600plots
plz contact Femi : 08066920770
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 9:39am On Oct 20, 2014
we want to inform interested investor(s) that sale of the aforementioned quarry and quarry lands is not yet closed...interested investor(s) can still bid for them ...
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 11:16am On Oct 27, 2014
happy new week
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 2:16pm On Oct 30, 2014
please serious minded people or firm are expected to beep our line
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 4:15pm On Nov 02, 2014
S
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 10:52am On Nov 06, 2014
Your genuineness of purpose has a lot to do in the course of our business. We appreciate your confidence in us
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 3:26pm On Nov 10, 2014
The future belongs to those that believe in the future of their dreams..dream big back your dreams with effort and right atitude
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 2:20pm On Nov 14, 2014
God is great
Re: How To Invest In Quarry Business In Nigeria by sabawex(m): 7:25am On Nov 20, 2014
Stay focus

(1) (2) (3) (Reply)

Nigeria GDP Confirms What Central Bank Denies: Naira Hurts / Naira Depreciates By N7 - Vanguard / Dangote Refinery Suffers Supply Hiccups: Completion Shifted Till 2020

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 107
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.