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2016 Top 20 Profitable Business In Nigeria That Makes Most Millions - Agriculture - Nairaland

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2016 Top 20 Profitable Business In Nigeria That Makes Most Millions by BbcnewsNow: 12:44pm On Jun 20, 2016
Diana Shantie's Blog







2016 Top 20 Profitable Business In Nigeria That Makes most Millionaires Their Money












Your business planning begins with an idea and that is one of the things we know how to give
best on this site – ideas and plenty of them. Are you thinking about starting a business in Nigeria but don’t know where to start from or which
business to invest your money into to make profit? Here are top 20 most lucrative businesses
in Nigeria you can invest your money into and be sure of making millions back in no time.
This list of business ideas in Nigeria is made up of authentic business ideas, not just some randomly selected junk businesses, they are time tested, carefully selected, high performing
businesses you can stake your hard earnedvcapital on and be sure of making profit. These businesses are up to date and relevant in 2016
and beyond. But before we proceed, I want us to look at some of the vital reasons you must start a business in Nigeria today.
Why You Must Start A Business In Nigeria Now


The reasons why Nigerians are fleeing their own land that is flowing with milk and honey to scavenge in another lands that does not have half of the opportunities we have here is simply
difficult to explain. Why would Nigerians leave the massive business opportunities in their land and choose to travel far and wide to slave,
leaving the wealth back home for South Africans, Lebanese, Indians, Chinese, even Egyptians to plunder?
Most of the current fastest growing businesses and companies in Nigeria are owned by the foreigners. We want the equation to change, go through the infograph below, see why Nigeria is
the Africa’s testing ground for business and begin to take the opportunity.







Reliable List Of Top 20 Lucrative Business In Nigeria
1. Agriculture – This is the next revolutionary industry in Nigeria where millionaires are currently being made. Nigerians both home and oversea are beginning to wake up to the huge
potentials in Agribusiness, a sector we have been neglecting over the years due to the discovery of oil. Now that the oil is drying up, people are beginning to look into other sectors of the
economy to create wealth. Below are some of the farming in Nigeria that are serious making
profit for people now:- Poultry Farming – This business is making average Nigerians rich. It is so
lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million
people, what would you expect? If you
start with 1,000 birds and manage your
poultry farm properly, when the turnover on investment begins to come, you will be making millions annually.
Cassava Production – People are
beginning to turn their attention to this
aspect of farming in Nigeria that have
been neglected for years. Cassava
derived foods are some of the most
consumed in Nigeria. If you can invest
in cultivating 50 – 100 Acre in a fertile
area like Ondo State, your harvest will
be great.
Snail Rearing – Snail farming is one of
the choice Animal farming for many
reasons. It is a low capital investment
with high yield and the market is big.
There are few people currently doing
this – and most of them are doing it in
a very low scale. If someone invest
heavily in Snail farming, he is sure to
make good money in Millions within a
year.
Rice Farming – Rice remains the most
consumed food staple in Nigeria and
Billions of dollars goes into importation
of this product yearly from China and
Thailand because the local farmer are
unable to meet up the demand due to
poor funding and limited knowledge.
Anyone who have a million dollar to
invest should get in touch and partner
with me with 100% return. $1,000,000 =
$2,000,000 guaranteed.
2. Sale of Furniture – Buying and selling of Locally make furniture is a goldmine. You don’t need to be a carpenter to do this, just arrange for regular supply from reliable Carpenters while
you display and sale in your showroom. It is a very big business in Nigeria as only few can afford the imported designers.
3. Making of Fruit Juice – Nigerians drink fruit juice more than any other people. That’s why companies like La Carcella and Chivita who came into the country as nobody are today
making billions of naira annually. This business in capital intensive but if you can afford it, it’s well worth it.
4. Pure Water Production – You know how popular this is in Nigeria and how many that are dispensed daily. Though this business is capital intensive but well worth investing into, especially
if you can manage it properly with
professionalism.
5. Oil and Gas Business – We are blessed and cursed with huge deposit of oil in our land which presents some of the finest business opportunity
for Nigerians and Foreigners. Owning a Petrol Filling Station , Supplying of Diesel , and
Distribution of Kerosene are some the areas you can invest easily and make good money for yourself. Petroleum product marketing have been
making millions for people and creating
millionaires in Nigeria for years.


6. Haulage Services – The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making
haulage business in Nigeria a viable one.
Petroleum products haulage and movement of goods from manufacturers and importers are the
aspect of haulage in Nigeria that is very lucrative now.
7. Hotel Business -This is probably the coolest money making opportunity in Nigeria. Invest in small scale hotel of just 10 suites and watch as
the money flows in.
This has nothing to do with tourism boom of any kind; there is just something in Nigerians system that make this business very lucrative – Nigerians are jolly people!
8. Fast Food Eatery – Eatery business is another goldmine though poor management can kill it death! If you wish to go into this business, be sure to get everything right and don’t forget it’s a bit capital intensive and requires good
management skills. But if you get everything right, free money is yours.
9. Importation Of Tokunbo Spare Parts – If you are in USA, Germany, or Denmark, this business is especially good for you. Don’t just keep importing exotic cars, gather tokunbo spare parts
in containers and ship it down to Nigeria.
There is huge market for used (tokunbo) spare parts in Nigeria.
10. Investing in Property – Property appreciate everyday in Nigeria. Right now,
Nigeria is one the countries in the world where landed property is most expensive.
If you buy land now anywhere in Lagos, you are sure to make 100% profit within two years. You can buy and quickly resell and make profit. Or you buy keep and sell later.
11. Dry Cleaning – Professional dry cleaners at affordable prices are scarce in Nigeria.
What we have are professional Dry Cleaners whose service fees are extremely high or mediocre dry cleaners who can never keep with time. Give them cloths today and meet it unwashed after one week. This
business is a money maker if you balance it up.
12. Professional Car Wash – This business is good if you can set it up in a strategic location
in a place like Lagos where there are good number of cars. You.
13. Sales Of Building Materials – The rate at which new houses are springing up in Nigeria,
you get to wonder why many people still complain of housing problem. Investing in building material is a good business in Nigeria and I can count some guys who are making millions almost daily in this business.
14.Transport Business – What we have in this sector are transport companies that are badly managed by local chiefs and touts.
Invest in this business with good management and you will be
wondering what hits you with bags of money.

15. Nursery And Primary School – School
business has no rival among it’s mate. My little kids school fees take away close to a million naira per term just to learn ABC! School business
in any level is a serious business in Nigeria that generate millions of naira.
16. Exporting Of Raw Materials – There is no better way to grow the economy than to exporting some of the raw materials that are abundant in the country.

16. Online Advertising Agency – As the
Nigeria’s online presence keeps increasing, so is its advertisers. Thousands of businesses in Nigeria are taking their business online to leverage the massive community of Nigerian
internet users and market their products.
This influx has created another business opportunity in Nigeria for savvy digital marketing experts.
You too can setup your own online advertising agency in Nigeria today and make millions.
18. Fashion Business – Nigerian people are probably some of the trendiest people in the world.
Fashion designers are becoming
millionairess on daily basis in Nigeria, thanks to the revolution in the Nigerian fashion business orchestrated by the boom in the entertainment industry in Nigeria.
19. Media And Show Biz – You and knows
Nigeria is the capital of entertainment in Africa?
You also knows Nigeria is the highest consumers
of media content in Africa? Now you can see how viable and lucrative media and show biz can be in Nigeria.
20. Investing In Internet Companies
This is a new crop of powerful investment opportunity that is creating Billionaires around the world including Nigeria.
Its simple! You don’t have to be a Tech
person, all you need is to look for a creative online tech startup with good ideas and invest into.
Within 1 to 2 years you will be counting
your profits in millions.

Extra: Used Items Sells Well In Nigeria –
Tokunbo market in Nigeria is very big and many people prefer to buy used items that are high quality than buy fakes.
The cost of buying and importing used cloths is low compared to the prices in the market here in Nigeria, guaranteeing good turn over on investment.
The most important thing is that you do
something with your money instead of keeping it in the bank where the bank will use it for business and give you little or nothing.

In case you need additional help, you can drop your question or comment under this article or any of the respective articles for further expatiation

-source: http://www.dianaplay.com/2016/06/2016-top-20-profitable-business-in.html?

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