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Sand Dredging: How To Make Millions Selling Sharp Sand - Business - Nairaland

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Sand Dredging: How To Make Millions Selling Sharp Sand by Toconline16: 9:36am On Mar 21, 2019
Sand dredging is the process of removing sand and gravel from the different water bodies, essentially for the construction of buildings and roads.

The Construction industry is one of the largest contributors to the Nigerian economy; it has created huge opportunities for both skilled and unskilled labor in Nigeria. It is also one of the highest employers of labor in Nigeria.

A Shelter is the most basic need of man. Therefore, sharp sand is a commodity that gets sold easily anywhere across the globe. This business is also called “waterfront/side” business by local sand dealers.

The waterfront/waterside business booms with an increasing need for housing for over 200 million Nigerians. With the increasing number of structures being built daily and the ever increasing demand for the commodity, investors in the business are hardly out of business, irrespective of change in stock market prices, fall in Naira value, rainy or even dry season.


Areas Where Sharp Sand is dredged in Nigeria
In Lagos state, there are sand mining activities From Epe to Ikorodu; Lekki to Ojo and Badagry. Most of the lagoons in Lagos state are dredging site for sand dealers.

In Delta State, sand is mined in Ughelli North, Okpe, Udu, and Uvwie Local Government Areas, specifically in Effurun, Ovwian, Ugolo, Uvwiama, Agbarho, Oteri and Ughelli towns. Most river beds in the Niger-delta area witness sand mining.

If you stay around any major water bodies in the country, you should have noticed the activities of these local sand dealers. In River Niger in Onitsha, there are lots of sand dealers.

Any community that situated beside any water body will most likely be a good spot for sand dredging. Sand can be gotten from any rivers, oceans, and lagoons around the country.

Waterside/front Business Models
Below are the 2 primary ways in which investors make money from sand dredging in Nigeria

The capital intensive Model

sand dredging machineThis entails an investment of #30 million Naira to 100 million Naira. Investors who follow this investment model, invest a lot of money in the acquisition of relevant dredging machines and equipment. They also invest a lot of money in the acquisition of government sand dredging license.

Also, a lot of money is spent on the acquisition of an ocean/river corner to be dredged. Investors will also have to settle the host community.

Most of these investors sell the sand direct it to big construction companies by per cubic meter and they also sell to the sand dealer that have invested lower capitals in the business.

Investment of this scale will require a business plan and market research to validate the business idea. You will also have to build a good marketing team that will help you reach out to big real estate and construction firms who will buy the sand in huge quantities.

Follow this Thread and This Thread on Nairaland to learn more About this type of investment in sand dredging. if you need more assistance in starting the business, always use the contact form to reach us.

Low capital intensive Model
This entails the investment of capital between Five million to Seven hundred thousand Naira. People in this level of the business, make use of locally made wooden boats.

They purchase sands from the dredgers who own the dredging machine, and then they come to the waterfront and sample their goods. they serve as the middlemen between the dredgers and those who demand sand for their various construction work.

You can participate actively by owning the boat and selling your sand by yourself or you can invest with those already in the business and they give you steady returns on a weekly basis.

The waterside is where the tippers load the sand and deliver it to the persons who need them.
Please Follow the link below to see More.
https://hustlersbay.com/sand-dredging-how-to-make-millions-selling-sand/

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Re: Sand Dredging: How To Make Millions Selling Sharp Sand by Generalnomercy: 9:49am On Mar 21, 2019
ok
Re: Sand Dredging: How To Make Millions Selling Sharp Sand by sonety2k(m): 10:10am On Mar 21, 2019
cool

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