izzou:


So, to you, what sum would
yield a good sum/profit?

BlueRayDick:


Rather what u should ask me is : what is the sum I believe one can have and decide against japa?

izzou:


You said 20 million is huge, and cannot give a good profit.

So which amount is likely to give a good profit?

The question no get "Japa" inside.

BlueRayDick:


Well, all the answers I gave was in relation to japa. I didn't give my opinion in isolation.

OasisX:
....if ₦20m won't be enough to start a profitable biz in Naija, then they should kuku sell the country.

Godx:


Do you research on them since you don't live in Nigeria to suffer from the idiotic decision of your daddy. Unprecedented level of inflation thanks to your Yoruba brother.

BlueRayDick:


If u don't do any of those stuff in Lagos, then be rest assured u will even make more loss than u envisiaged. Shey na less commercially viable places like Akure, Auchi, Gombe, Eboyin etc u wan go dey run fast food business ? In ur very eyes it will turn to "slow food " business .

Abi shay na those aforementioned places u wan buy land keep ? U will still find ur land value barely appreciated after 10 years if u try it. Even the ecement distribution sef; it's places like Epe, Ibeju in Lagos, Ogun state where massive construction projects are going on u will be supplying. U can also supply to farther states but u will be mindful of the fact that the roads generally are bad, u will be more exposed to accident risk and ur driver can abscond with the vehicle and product even if u put a tracker on it.

People wey tell u to use the N20m japa na people wey wan save u from future gnashing of teeth

The inflation in this country no be small thing. If u stock up N20m , u need to be monitring the cost price while u are selling cos u may not even be able to stock up again when u exhaust ur existing stock in trade.

OasisX:
....if ₦20m won't be enough to start a profitable biz in Naija, then they should kuku sell the country.

raumdeuter:


If you know you know.

Another business is simply buying Dollars and wait

izzou:


Lol

Half of it will give you good returns if you invest in the right business, at the right location

Ballzproblem2:
sure 2 odd to double that 20m ,use the profit japa.

BlueRayDick:


There's this saying that "To start chaos is easy" (I don't know the original aurthor)

I'm not saying N20m will not start any business, If u check my initial post to Whodeyhause I quoted the part he said "invest N20m and "recoup good sums from in the future". Na that good sum/profit in the future I no agree with. So I will use it to address ur post.

1. The scenario I painted about the cement distribution is actually for someone who is a third party carrying products for Dangote.Those ones buy their truck and register under his franchise. Trust me, N20m will not set u up for that business ; I know quite a number of people in that line of business. Except u are referring to those who have shops/depot where would-be customers come around to buy and arrange for transportation by themselves. I don't even think that is really profitable like that.

WhoDeyHause:

E fit be that day you carry Jackson to miss one shot off target the mad man will have 1000% rate conversion even score double hat trick. 😂
Japa mode deactivated. 🙆🏿

WhoDeyHause:

This is just the thing. Right business and right location but that one go come hard sometimes like 2odds.

izzou:


Lol

Half of it will give you good returns if you invest in the right business, at the right location

BlueRayDick:


There's this saying that "To start chaos is easy" (I don't know the original aurthor)

I'm not saying N20m will not start any business, If u check my initial post to Whodeyhause I quoted the part he said "invest N20m and "recoup good sums from in the future". Na that good sum/profit in the future I no agree with. So I will use it to address ur post.

1. The scenario I painted about the cement distribution is actually for someone who is a third party carrying products for Dangote.Those ones buy their truck and register under his franchise. Trust me, N20m will not set u up for that business ; I know quite a number of people in that line of business. Except u are referring to those who have shops/depot where would-be customers come around to buy and arrange for transportation by themselves. I don't even think that is really profitable like that.

2. If it's just shawarma , finger foods and barbecue u want to sell in shops, then u don't need N20m at all.

3. Yeah, hire purchase definitely works but u go get soldier, DPO/Area commander, OPC , Ogboni and Babalawo on speed dial to really keep ur debtors in line

GrammarNazi1:



I dey tell you.

We should kuku sell the country na.

Incognito9:

Tinubu talk 750

CBN adjust to 951

https://www.nairaland.com/7935074/yuletide-prices-goods-rise-cbn#127383448

Godx:

Nigeria own massive inflation is down to your fraud and his failed policies.

BlueRayDick:
Imagine an Ex-governor going away with as much as 50 vehicles while leaving office 🤦‍♂️

https://www.instagram.com/reel/C0mV9V-IXkR/?igshid=MzRlODBiNWFlZA==

Guess what ? The ex-governor is a current serving minister .

GloriousGbola:
Anyone who is interested in details on Nigeria in cop28 should check naptu2 diary. Incidentally cross river and akwa ibom also had a lot to do there.

NLC was also there.

It also looks like a lot of potential deals were inked.


https://www.nairaland.com/822196/it-begins-me/781#127385355

izzou:
I just drive one Ford F350 now

Chai

Ford dey make motor, abeg!

I'm disgusted by the sight of anything Toyota.

izzou:
I just drive one Ford F350 now

Chai

Ford dey make motor, abeg!

I'm disgusted by the sight of anything Toyota.

GloriousGbola:


Have you driven the same year model tundra?

You have to compare like for like.

https://www.truecar.com/compare/ford-super-duty-f-350-vs-toyota-tundra/

Apart from KingTom Tundra, i haven't driven any latest

But Ford get interior oh. Choi!

There are cars you drive in Nigeria, and the Police won't bother stopping you.

They just wave