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Is Abuja Still Lucrative For Business? - Business - Nairaland

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Is Abuja Still Lucrative For Business? by iamadonis2(m): 7:46pm On Jul 29
I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

3 Likes 2 Shares

Re: Is Abuja Still Lucrative For Business? by Alexious(m): 7:48pm On Jul 29
iamadonis2:
I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

cc: lalasticlala, Mynd44


Where are you coming from and what business are you into?

57 Likes 3 Shares

Re: Is Abuja Still Lucrative For Business? by Chris525: 7:54pm On Jul 29
Like the guy above stated, its mostly about what you're into. Bear in mind that Abuja population is about 3M and a huge chunk of that number are over 40.

52 Likes

Re: Is Abuja Still Lucrative For Business? by VeeVeeMyLuv(m): 8:04pm On Jul 29
Definitely, but just make sure you are experienced, I mean very experienced, know your onions

Guy Abuja folks are very enlightened and versatile.

46 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by Comedian2019: 8:34pm On Jul 29
iamadonis2:
I run a business in a small city. Right now, I'm planning to relocate to Abuja (accommodation guaranteed) and possibly relocate my business to Abuja.

My concern is, with the attendant cost of living and running a business in Abuja, will I still be assured of high revenue and profit for my business?

cc: lalasticlala, Mynd44
If you're doing well where you are, abeg remain there. Don't go and waste your investment in Abuja.
Most places in Abuja are possibly not as lucrative as where you are at present.

123 Likes 5 Shares

Re: Is Abuja Still Lucrative For Business? by ministeriallist: 8:38pm On Jul 29
What business are you planning to set up in Abj and what location are you considering?
I might be able to advise you if it's an area I'm familiar with.

6 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by VeeVeeMyLuv(m): 8:40pm On Jul 29
youthsinitiativ:
Package yourself and your product well you go do well.

Abuja folks an mostly fake arses wey wan claim wet in dem no be.

Just package your business or product well you go appeal to a section wey wan belong to the nouveau rich at all cost.

Do not sell yourself or product cheap if you want appeal to this class.

Packaging is the word.
guy u sabi Abuja wella, u know what's up.

Packaging cannot be overemphasized, u got to look it, dress it, talk the talk. That why you find peeps spending on certain luxury.

U cannot desire to want to achieve in Abj and not be mobile, it won't work.

45 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by iamadonis2(m): 9:05pm On Jul 29
Comedian2019:

If you're doing well where you are, abeg remain there. Don't go and waste your investment in Abuja.
Most places in Abuja are possibly not as lucrative as where you are at present.

I can safely say I'm a force to reckon with in my current business location.

9 Likes

Re: Is Abuja Still Lucrative For Business? by iamadonis2(m): 9:05pm On Jul 29
Alexious:



Where are you coming from and what business are you into?

Calabar. And I'm into female luxury items.

2 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by iamadonis2(m): 9:07pm On Jul 29
Chris525:

Like the guy above stated, its mostly about what you're into. Bear in mind that Abuja population is about 3M and a huge chunk of that number are over 40.


What's the female demographic under 30 years?

2 Likes

Re: Is Abuja Still Lucrative For Business? by iamadonis2(m): 9:09pm On Jul 29
youthsinitiativ:
Package yourself and your product well you go do well.

Abuja folks an mostly fake arses wey wan claim wet in dem no be.

Just package your business or product well you go appeal to a section wey wan belong to the nouveau rich at all cost.

Do not sell yourself or product cheap if you want appeal to this class.

Packaging is the word.

Thank you Boss. The italicized sentence strikes a chord.

1 Like

Re: Is Abuja Still Lucrative For Business? by Chris525: 9:20pm On Jul 29
For females within that age range its fairly high & with high market activity as well but location is crucial.




iamadonis2:


What's the female demographic under 30 years?

2 Likes

Re: Is Abuja Still Lucrative For Business? by Evilgenuis: 9:33pm On Jul 29
Abuja is over rated.
If you want to do well in abj you need the following:
1. Luck
2. Capital
3. Package
4. Area in abuja(wuse and bwari are not the same, but all is Abj.

Number 1 will sound funny but my brother you need it...in your choice of location, type of business, Because whatever you want to sell, know that somebody is already selling it.

22 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by eleko1: 9:33pm On Jul 29
cool
Re: Is Abuja Still Lucrative For Business? by chukwuibuipob: 9:34pm On Jul 29
sad Woteva u do,don't engage in mini supermarket biz oo

10 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by AlabiJ: 9:34pm On Jul 29
Well, if you are in the business of civil service, runz, 'zaddy' business and stuffz, yes it is good for such businesses.

But if you be hustler, he go tough.

29 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by 9jayes: 9:34pm On Jul 29



Sometimes if you look very well you will discover that what you're looking for in Lagos/Abuja it's in your backyard.



31 Likes 3 Shares

Re: Is Abuja Still Lucrative For Business? by Rgade: 9:34pm On Jul 29
Hmm... I don't know about lucrative,but I honestly can't stay in the same city with buhari.

77 Likes 5 Shares

Re: Is Abuja Still Lucrative For Business? by joshepade(m): 9:34pm On Jul 29
.
Re: Is Abuja Still Lucrative For Business? by manuel4real(m): 9:34pm On Jul 29
grin
Re: Is Abuja Still Lucrative For Business? by ghiloman28(m): 9:35pm On Jul 29
Ok
Re: Is Abuja Still Lucrative For Business? by joviegghead: 9:35pm On Jul 29
Hmm.
Even tho I don't know what the op is onto, the answer to is question is Yes!

Abuja will always be lucrative for business, but it depends on what you're into.
Whatever it may be, don't expect it to be rosy immediately like where you were. You'll definitely need to acclimatize to the high cost of living.

But with proper planning and strategy, coupled with good networking and smart work, you should be okay.

10 Likes

Re: Is Abuja Still Lucrative For Business? by Cumtroller: 9:36pm On Jul 29
Oga please relocate your "Spare Parts" business to Ogun State.

Skull Mining is extremely prevalent in that axis. You will be overwhelmed with demand. Market will not move in Abuja.

Thank me later...

1 Like

Re: Is Abuja Still Lucrative For Business? by DenreleDave(f): 9:36pm On Jul 29
Olosho business loading

6 Likes 1 Share

Re: Is Abuja Still Lucrative For Business? by IAmSkinny: 9:37pm On Jul 29
I wonder if ABJ has even a lucrative business environment. Let me learn from the comments.
.
Hey guys! Get a load of my amazing collection of digital photos https://www.nairaland.com/5660603/professional-photographer-heres-mini-portfolio
Re: Is Abuja Still Lucrative For Business? by loadedvibes: 9:37pm On Jul 29
E no get anywhere when no dey lucrative for business.. if you get plan , God , wisdom, and your village people free you. You go must succeed anywhere .

20 Likes

Re: Is Abuja Still Lucrative For Business? by Ernerstdavid55(m): 9:37pm On Jul 29
grin

1 Like 2 Shares

Re: Is Abuja Still Lucrative For Business? by Lorayne(m): 9:38pm On Jul 29
op... is that a picture of Abuja?

4 Likes

Re: Is Abuja Still Lucrative For Business? by Enemyofpeace: 9:38pm On Jul 29
Has it ever bean lucrative before?

3 Likes

Re: Is Abuja Still Lucrative For Business? by jericco1(m): 9:38pm On Jul 29
Yes

1 Like

Re: Is Abuja Still Lucrative For Business? by brosom(m): 9:38pm On Jul 29
waiting to hear from our nairaland experts.

1 Like

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