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Business To Do With N100m In Nigeria - Business - Nairaland

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Business To Do With N100m In Nigeria by damscoe: 11:46am On Nov 28, 2020
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
Re: Business To Do With N100m In Nigeria by Oluwahelpme(m): 11:55am On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
Great. U are lucky. There fantastically great businesses for u. Kindly WhatsApp me.
Re: Business To Do With N100m In Nigeria by Oluwahelpme(m): 11:58am On Nov 28, 2020
U are lucky. I have fantastically great businesses for you. Kindly WhatsApp me.
Re: Business To Do With N100m In Nigeria by Acekidc4(m): 12:03pm On Nov 28, 2020
Food and Beverage Startup Business With a Delivery Business Platform
Re: Business To Do With N100m In Nigeria by Chizillar1(m): 12:36pm On Nov 28, 2020
Invest in Chymall. It has long term vision. An International firm with presence in 88 countries and solid management. Reach me for more information.
Re: Business To Do With N100m In Nigeria by Hybkay(m): 1:15pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
Invest in agriculture (oilpalm plantation). We help with farm management and preparation at LifeForte farms and gardens
Re: Business To Do With N100m In Nigeria by Heartbender: 1:44pm On Nov 28, 2020
Rice farm
Plantain farm
Transportation business
Soya beans exportation
Cashew nuts exportation
Hospitality industry e.g. hotel/Inn/guest house, amusement/recreational parks, etc
Sale of Tokunbo cars and/or car spare parts
Middleman for businesses, i.e., you buy any needed products and resell especially, those that need payment upon delivery
Restaurant and lounge
Primary/secondary school business
E.t.c.
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
Re: Business To Do With N100m In Nigeria by HenryThegreat1(m): 1:58pm On Nov 28, 2020
Contest for senate in 2023.
Start the awareness now.

1 Like

Re: Business To Do With N100m In Nigeria by uyogabie(f): 2:39pm On Nov 28, 2020
Build a school or go into agro processing,or both.
Re: Business To Do With N100m In Nigeria by WorkTheTalk(m): 2:55pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
You can invest in land and agriculture
Re: Business To Do With N100m In Nigeria by SokoDobo: 3:03pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .

Rice milling Business.

For years, rice has been one of the most sought after staple foods in Nigeria. Throughout this period, the rate of consumption of rice in the country far exceeds that of production, necessitating the need for importation in the past.

With a population of over 180,000,000 people in Nigeria, the country became the leading importer of parboiled rice. At a point, over 50% of the rice consumed in the country was imported. The large gap in parboiled rice production in the country was made vivid after the government banned the importation of parboiled rice into the country. Prices of the product almost doubled due to the inability of the few producers in the country to meet the demand of consumers.

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

Please find below a link to the remaining part of the article:

https://planbiz.com.ng/rice-milling-business-in-nigeria/
Re: Business To Do With N100m In Nigeria by otosa(m): 3:23pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
if you don't mind, Haulage business is very profitable.
Re: Business To Do With N100m In Nigeria by idogbe14170: 3:32pm On Nov 28, 2020
Contest for senate in 2023.Start the awareness now.

1 Like

Re: Business To Do With N100m In Nigeria by fergieboy: 5:06pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .
How did you make the 100m

Keep doing what you did

1 Like

Re: Business To Do With N100m In Nigeria by oyabak2020: 6:45pm On Nov 28, 2020
damscoe:
Hello everyone . Can anyone give a candid advice on a profitable business that can be done with 100 millionnaira apart from real estate business ? Your contributions will be well appreciated .

100% chance Agric business... chat me up via signature for details
Re: Business To Do With N100m In Nigeria by kingriqoriqo: 9:04pm On Nov 28, 2020
omo 100m shocked
Re: Business To Do With N100m In Nigeria by Johnrake69: 9:21pm On Nov 28, 2020
Shuuuuuuu... Continue with what gave you the #100M
Re: Business To Do With N100m In Nigeria by damscoe: 8:53am On Dec 13, 2020
@fergieboy it was made from Forex Trade . In trades , it’s always good to move most of your profits from Forex and invest it into a new business at the end of every trade cycle . You will
Invest a smaller amount back into Forex for a née trade cycle , just to cut down risks . That’s why I need a real business .
Thank you for your contributions. Judging from all your contributions , I think agriculture is the answer .
Thank you .
Re: Business To Do With N100m In Nigeria by samsard(m): 8:59am On Dec 13, 2020
HenryThegreat1:
Contest for senate in 2023.
Start the awareness now.
Do you know how much only delegates will chop? And that's even without assurance sef

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