Nigeria has enormous business opportunities. They are inexhaustible! The investment opportunities in virtually all sectors of the Nigerian economy have not been fully maximized. These are wealth creation opportunities and sources of job creation if well utilized.

There are many Business Sectors In Nigeria you can consider for investment. However, in this post, I want to show you some of the best sectors to invest in Nigeria and achieve high profitability:

1. Manufacturing – The production, marketing and distribution of household goods and commodities. Most of the commodities used in Nigeria are imported and anyone who can start the local production of these items will enjoy local patronage and will also enjoy the government support in various forms. The manufacturing sector is what made Aliko Dangote the wealthiest man in Africa .

2. Transportation – Intra and Inter city transportation services are always needed. People can’t do without moving from place to place. If you are going into transportation business, try to add some creativity and style into it so that you can stand out from your competitors.

3. Agriculture – Consider rice production, poultry, tomatoes, cassava, fish and oil palm farming etc. People must eat and so, anyone who is into the production of food products will always be in business. One good thing about agriculture is that, there are no major raw materials needed. Nigeria has large, good and fertile land and good weather conditions that favors agriculture.

4. Education – Establishing primary, secondary and even tertiary institutions is lucrative in Nigeria. There are several public and private educational institutions in Nigeria. However, only few are of good standard. This is one of the reasons why many wealthy people send their children abroad to study in foreign schools. Anyone who can provide standard educational services will succeed.

5. Health care – Health is wealth. Child and maternal mortality rate in Nigeria, especially in rural areas is high. Although, several government initiatives is being carried out to improve the availability of quality health services in the country yet, there is still a huge gap in accessing quality and affordable health care services in Nigeria. A lot still needs to be done and more players and investors are needed in this sector. When this is done, the mortality rate will reduce and the amount of revenue that the country is loosing annually to other countries from medical tourism will also reduce.

6. Hospitality – There also few world-class hotels and hospitality institutions in Nigeria. We need more investors in this sector. Majority of people in this sector are not well-trained and experienced. We need experienced and skilled professionals in the hospitality sector who would transform this sector so that we can begin to see what is obtainable in various parts of the world.

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