₦airaland Forum

Is that why you didn't go to school?....

Djele:
Schools without jobs nonsense people

sweerychick:
please provide a link I want to see his tweets

find the link yourself abi you no go school?

HOW TO START AND RUN A BUSINESS SUCCESSFULLY:
MEAT SHOP/BUTCHERY




Amitage Partners is a small & medium businesses consulting firm specializing in helping owners start and grow their businesses by responding to entrepreneurs’ need for practical management and marketing services to turn their innovative ideas into successful business enterprise.

OVERVIEW
Meat is an important source of protein, iron and vitamins B. Nigerian Cuisine is known for its rich flavours and generous use of meat. Apart from the normal consumption, historically meat is often included in dishes to show hospitality and celebration. A wedding or burial ceremony is not complete without the symbolic slaughtering of at least one cow. Nigeria’s diverse culture and climate mean there’s availability of livestock thereby making meat a common ingredient. Whether eaten alone as suya, kilishi, pepper soup, peppered meat or cooked in soups and stews to serve with rice, eba, semo, fufu, etc. meat is always a delicacy on the Nigerian menu.

With the huge demand for meat there is an inexhaustible market, investment in any form of meat business is a decision in a right direction. With the question of the level of hygiene of meat in the local markets, a high class meat shop is a business that will be readily welcome and accepted meat consumers. A meat shop is a very lucrative business with high return on investment(ROI), starting capital depends of the scale or level of your initial entry or operation. With an ideal initial capital of N3milion, a high ROI can be archived and a break-even point attained within 6 months of operation.
THE BUSINESS
An integrated meat shop that is different from the normal meat retailing shops all around. This type is a meat shop with independent revenue generating units as follow
1. Meat sharing: cow, ram, goat & turkey
2. Retail shop: sale of fresh meat & other frozen food
3. Home delivery services
4. Livestock sourcing and supply
5. Meat processing for events: killing, cleaning and cut to size
6. Meat preservation: frying and drying for export
7. Small scale animal husbandry
WHAT WE ARE OFFERING
Starting a business in today’s digital world and dynamic business environment deserves a lot more than passion, capital, basic knowledge and good business plan. Traditional methods of business management and product marketing are no longer adequate for today’s business. Businesses without physical locations or ownership of products are racking in hundreds of millions of naira. Likewise those not engaging in conventional marketing services are growing faster those with high presence in the media and engage in outdoor adverts.

Regards to the above, Amitage Partners as a reputable SME consultants with decades of experience in assisting entrepreneurs start up business, we are offering our consulting services on how to start and run a meat shop profitably.

We shall be rendering the following services;
1. A comprehensive business plan/feasibility study that will also serve as an operational manual for the business.
2. Business name registration with TIN, I would advise that a new name be registered even if you have an existing name, for branding purposes.
3. Consulting services for the business in the areas of
• Set up of business
• Recruitment and Staff training
• Social media presence(for 3 months)
• Pre-opening management
• Operations management(for 3 months)
• Marketing services(for 3 months)
• Branding services(logo)
• Tax consulting focusing on compliance with the Nigeria Tax laws of 2025
• Liaison with regulatory authorities: tax offices, state & local government, CAC, health authorities and other relevant agencies(for 3 months)
• Procurement and installation of equipment and other shop items(machines)
• Accounting and bookkeeping setup.
• Inventory management services
• Information on various sources of funding and support from government & non-governmental agencies, business associations etc

You may contact the undersign for further information, we are looking forward to your patronage

Thank you for your time and best regards

Lekan Obanewa
Lead Consultant
Amitage Partners
08055269016 & 07033573560

THE NEW 2026 NIGERIAN TAX LAWS
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A dominant topic in the Nigerian media space in the past 3 months is the Nigerian Tax Laws that took effect from 1st January 2026.
There has been so much misinformation about the laws especially on social media. I blame the government for not giving adequate information to Nigerians regarding this policy that affects a large number of Nigerians and the economy. Firstly let me attempt to correct some of these misinformation:

1. The government will not tax money in bank accounts.
2 The government will not tax transfers from your accounts
3. The government will not tax transfers into your accounts
4. The government will not tax transfers without descriptions.
5. The government will only tax various taxable income received by you
6. Salary earners are taxed before they get their salaries so they will not be taxed again
7. Self employed are expected to register as tax payers and make regular tax payments to the relevant tax agency.


The new 2026 Tax Laws are being erroneously tagged as a law made for Nigerians to pay more tax but in the real sense it is a reform that aims to:

1. Bring reliefs to low income earners and small business owners
2. Encourage taxable adults & entities to be more compliant by simplifying the compliance process.
3. Most importantly to widen the tax base. As it is often said that it is only salary earners such as civil servants & those in the organised private sectors that pay tax. Self employed individuals are largely outside the tax base.

This brief shall be limited to taxation of individuals and small businesses(sole proprietorship, partnerships & other businesses with less than N100 million yearly turnover.)

Taxes are being paid on income alone and income are:

1. Salaries, allowance & wages
2. Profits from sale of assets(capital gains)
3. Fees received from services rendered
4. Prizes, honoraria, grants etc
5. Dividends, interests, royalties, rents etc(investment income)

Tax paid by individuals is known as Personal Income Tax(PIT) which is from 0% to 25% of taxable income.
In computing the PIT, there are reliefs avaliable which means that not 100% of your income is taxable . Such reliefs are
1. Tax exempt for those earning less than N800,000 & for the 1st N800,000 of income
2. Rent relief of 20% of income or N500,000 whichever is less
3. Pension contributions to PFAs
4. NHF contributions
5. Interest on loans for owner occupied residence
6. Premium paid for life insurance
7. Exemptions from certain capital gain income

Businesses that deal in the following items are VAT exempt.
1. Basic food items
2. Education services & materials
3. Health & medical services
4. Pharmaceutical services

The most advantageous relief is that small businesses with less than N100 million turnover are exempted from paying VAT.

All the above mentioned reliefs are not automatic in the sense that when tax officials visit, you cannot just say that you are a small business owner so you are tax exempt. You need to have proper & up to date documentation which shows evidence of

1. Registration of your business as a sole proprietorship, partnership or LLC
2. Registration of your business with the relevant regulatory bodies if any
3. Tax Identification Number(TIN)
4. Required documents(valid identification, proof of address & other relevant documents
5. Registration with State & Federal Tax Offices as tax & VAT payer

Once registered as a tax payer and obtained your TIN, the next step is to make tax payments based on assessment using the following methods:

1. Online payments through FIRS websites
2. Physical visit or online payments to designated banks
3. Remita or other authorised payment platforms.

At the end of the year or not later than 31st of March of the following year a tax payer is expected to file annual returns with the FIRS that contain all necessary and truthful information concerning tax payments made in the preceeding year.

The following are tax offences that carry stiff penalties:

1. Failure to register as a tax payer by a taxable adult or business entity
2. Failure to file tax returns
3. Late payment of tax

Your business and bank details will be scrutinised and investigated to determine how much tax to be paid based on best judgement basis.

At the end of the year and on full compliance with tax payments every tax payer is entitled to TCC that verifies tax compliance. TCCs are required for various private and official purposes.
This TCC have a validity of one year(The TCC of 2024 expires at the end of 2025)
TCC can be obtained through application to the relevant tax agency
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©Amitage Partners.

You may contact us on WhatsApp 08055269016 for further details & engagement of our services

Must you teach? Look for something else to do. Education limit Nigerians from doing some profitable jobs which they consider dirty. The car wash near my house pays at least N500 commission per car to the car washers N500 for 6 cars a day for 6 days a week gives N72,000 per month

Peejayz:
I started teaching at this private school in September. My salary is 10k per month ( I had no choice than to take the job due to alot of challenges I'm facing). My first salary, the man sent 5k (no joke) , I thought it was a mistake from his side , so I went to meet him in his office, he told it wasn't mistake....

I asked him how can I cope with 5k for a month, he said when student pay school fee, he will pay me my balance, I agreed with him ....

Then the next salary came in today , still 5k, I'm so angry and tired at this point... Alot of debt on my head .... 5k can't even clear them , not to talk of what I will use to feed myself.... This is unfair..... I plan to resign... But at this moment, I don't know where I will see money to feed .....

I'm confused at this point, I don't even know what I'm going to do at this point

Internal Auditor needed in a new hotel in Ekpoma. OND/HND accountancy, a minimum of 1year experience in an accounting firm or internal audit dept. WhatsApp 07033573560

Supply of eggs.......You can make at least N200 per crate. N340,000 can get you 200 crates that you can sell within a week making 40k and subsequently you can do 2 to 3 cycles in a week as your clientele base expand

Are you interested in becoming an events planner, we can provide you with all the needed information and guidelines in becoming a successful one.

Contact us today at Amitage Partners( 08055269016 08085165801)


Amitage Partners is a small & medium businesses consulting firm specializing in helping owners grow their businesses and their bottom line, by responding to entrepreneurs' need for practical business and marketing services to turn their innovative ideas into successful business ventures.

SOVS Plaza is a new shopping mall located along Badore-Ajah Road, Ajah, off lekki-Epe expressway. The shopping mall provide one stop location for shopping.

A shop is available for sale on the first floor- asking N6,000,000
-15 square meters
-with toilet
-Well paved parking space
-Standby generator
-Fence with control access gate
-Water supply

Contact-
Lekan Obanewa
08055269016
08085185801

https://www.facebook.com/pages/SOVS-Plaza/1442356426021541?sk=timeline

tziz:
Asides the high data comsumption of BB10 phones(almost more than androids), i tink airtel still double-charges on dier bis packages wen used in non-bis devices, meaning they charge u 2mb for every 1mb used, ur 2gb actually bcomes 1gb. Wy not switch to glo, its not excellent but its worth it.

Thanks, I'll do that

I use a blackberry Q5 with airtel monthly subscription of N1,500 for 2G. But my subscription hardly last 2weeks, I'm mostly on Facebook(I'm admin in two groups), I dont download music or movies, I dont sype or make calls on my internet connection. Yet i consume up to 300mb per day. Please what can wrong?