By now, average Nigeria citizens are now economist, always analyzing the economic trend and the preferable solution to the problem at hand, the funny thing is it seems like no one hears it and the current economic inflated situation, where the naira has really lost its buying power, the need to make more profit cannot be overemphasize.

Here is the thing, many producers have taken advantage of the current economic situation to get richer. for instance, you’d realize that you were buying rice for 8k per bag before, and your salary then was 10k, this means that the moment you get your salary, you probably buy 1 bag and still have 2 thousand naira left. now, the bag of rice inflate to 11 thousand naira, this means that your employer keep paying you the same amount as usual which is 10k but the money has lost it buying of 1 bag of rice power. now, out of frustration you request for increase but the company is ready to sack you. holding that if you leave 5 people wants to replace you due to the poverty on the street, this are one of the very many ways an employer exploit the fear of the employed.

This are things that shouldn’t call for alarm as it hurt, all you need to do is hard work, consistence and diligence because that is what business requires. keep reading as we will use this post to talk about 5 business you can hop on with 50k and make good profit because being a business person can help you have upper hand over the situation.

Bread Retailing : I’m actually analyzing this from the eating behavior of Nigeria over these last three years, the demand for bread is too high and almost every regions now, be it “Lagos”, “Abuja”, “Ogun”, “Port Harcourt “and even the inter lands of Nigeria now eat bread so much, it’s a lucrative business one can use 50, 000 ( fifty thousand naira) to invest in, all you need is to analyze the behavioral pattern of eating each bread product around you. what does this mean? look at the one people like most, around here in Lagos, most people has grown out of “Agege bread” and fancy breads like “Ikeja mall bread”, “Old English” and other fancies like “S & G”, “Deluxe”, “Delight” are what people are after around here, you only need to go to the company/bakery and ask for many, you can even start with 20,000 if you are a retailer or whole seller you’d be subsidize for sure. Try market it to people, tell people you can do free delivery for first two times, display them on your WhatsApp status and find a popular passing spot at night where you can display them. it’s matter of time before people start seeing you as the ambassador of this company and your much involvement can on long run land you a role in one of the company. no one said it’s going to be easy, but remember there is no harm in trying. every big business also start with fewer customers and few employees.

POS (point of sale) : “POS” as it is popularly called in Nigeria can also be a lucrative business for someone with up to 50,000 naira savings. POS means “point of sale” but saying this in front of Nigerians will render most elder one even few youth included not... Continue reading from the below link

https://ansmyques.com/2022/08/5-business-you-can-start-in-nigeria-with-50-thousand-naira/

Very simple to say

Very difficult to practice

Oga did I hear u say bread Hawk it or sell it with a car




Oga if u buy 50k bread in pH ur gain is 5k u com buy fuel 165 how many litter u wan buy u con buy ticket







Jxt use the 50k play 2 odd in to 5 places 1 most deliver