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TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:45am On Dec 09, 2017
erico2k2:
Cos you small sense did not tell you that Southampton is not in London but in Hampshire
So uve quickly forgotten that my uni was in Southampton something I told u like a minute ago, and what's ur point somone cannot go to school in a differnt city and still maintain his international acumen and drive.. I am a lawyer with an incredible experience in corporate transactions, I will never say anything I don't know anything abt
WebmastersRe: Anyone With Any Experience Of An Online E-commerce Site Please Comment by babaskool(op): 12:41am On Dec 09, 2017
erico2k2:
you B thief simple,you did not come to teh UK you was just looking 4 people to scam
lets go bck to that topic so that others can see u 4 whom U are
Well that works in my favour now then cos surely I must have been in the Uk before and must have been living there for some time ...but this doesn't defeat the facts that I have put before you tonight, travelling from the uk to Nigeria all the time is not a bad problem to have ...it creates more exposure and enlightenment unlike you who want to build a filling station for 100 million no matter what ...anything other than that is a scam smh
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:37am On Dec 09, 2017
erico2k2:
TH I EF, the worse part is that you aint even a smart o n.
you are based in London and design website ahaha these kids, you thought the internet will forget so mething you posted 2013 righthuh?
What if I was based in London and Nigeria at the same time and just wanted people to think I was based in London at the time ....How is this relevant that I have been in the PMS business for long ....cos I don't understand
WebmastersRe: Anyone With Any Experience Of An Online E-commerce Site Please Comment by babaskool(op): 12:33am On Dec 09, 2017
erico2k2:
So You thought we wont find this out abihuhhuh you lying since 1800BC
I put up a post in 2013 on how I wanted to try E commerce I was jst abt to start uni that year and u come 4 years saying you found out what ...what exactly have u found out ....you that wants to do 6 inches of slab with 180 bags of cement Maka why
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:30am On Dec 09, 2017
erico2k2:
I just went fru your profile and post,
shegey for you,U gt me there,you aint shyte.why are you despiratly trying to B stewpadehuhhuhyou Dad owns no filling station, you dont know jack about the azz you talking about, beside you said you was in London 2012? remmeber this
https://www.nairaland.com/1273851/anyone-experience-online-e-commerce-site#63108734
U lied You was a lawyer,
This was your POST
Anyone With Any Experience Of An Online E-commerce Site Please Comment by babaskool(m): 5:58pm On Apr 29, 2013
so guys i'm based in london being designing websites for about a year now but now i'm working on my own e-commerce online store like jumia which would be selling cheap brand new popular smartphones....so like i want anyone with any experience in e-commerce side of website creating to get at me and besides i can't put a link of my work in progress website because i'm building the website offline through WORDPRESS and yes u can build a website through wordpress without being online...but that's another story itself..so start commenting guys

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HolyGhost fire for your head, I was busy wasting my time talking to you, no wonder you said your slab was one inch
kia i don die, if say U dey near me like now the slaaap u for take for reset your destiny
I like how u have brought out my previous posts but u forgot to include the post where I was asking anyone who had an offer to study law at the university of Southampton in 2013....I studied law bro and presently a qualified lawyer...
I have this feeling you are not happy of how I have empirically provided facts not assumptions to you and u were hell bent on doing ur own slab with 180 bags of cement and nothing else

Remember we have literally built this guys filling station form scractch nd there is still 3 million of that 10 million naira left so pls being ur next costs and estimate I am wasting ...
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:25am On Dec 09, 2017
erico2k2:
come to the property section and sell your land.Im sure you will get one hundread cals in 10 mins at that price.I live in the UK,I got no connection to Ibadan, my areas are warri sapele and PH.But I got loads of friends here who are from Ibadan,Ijebu lekki axis and they are building as we speak and we have a good laugh in the property and Auto sections.So come there and come repeat all waht you are saying so the pros grill you and that one inch slab is still killing me grin
So until I post my land for 500k on nairaland beore it can be sold abi, don't worry abt the inch slab drop ur number here I would call u so we can use the remaining 3 million naira for the 6 inches slab you want to do lol
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:21am On Dec 09, 2017
erico2k2:
Do you know what Inch is?
So you are going to do a one Inch slab to floor your petrol station for cars to drive on? you average DPC is 4 inches this carries human weight, I dont think you know what I am talking about angry angry
This was my autocorrect, the grammar I ought to use is that your 6 inches overpriced slab work won't be needed... Where the DPC Sits can be safely reinforced.... Bro In life ther are many ways of doing so many things what most people don't realise is when u investing in real estate and start building a school a house there are people who will be building thier own house from that money you want to use to build ur own house ...from the carpenters to the bricklayers to all these Fake engineers you quoted
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:14am On Dec 09, 2017
Partnerbiz:
You are not being realistic at all.

I doubt if you have done any real business before. I guess you have just theory.



From your post elsewhere a plot of land for filling station can be secured at 500k to 900k. Such plot must be in a timid rural area and can't at same time make upto 400k sales.
In fact, there is no good location is Onitsha for instance for filling station that the plot is less than 10-20m.

You talked about real estate with 9 million?

What type of real estate is that?

Abeg park one side. Stop reading theories on papers.

Hope u were not the same guy I told I sold 500 k per plot to two differn filling station in a town called ILE Ife osun state ...
You are in onitsha a state capital and u are complaining that good prime land costs 10-20m as if all the other prime location in other towns would cost the same ....
Bro you need to leave your comfor zone and try and look around more locally this is what worked for me, land are expensive where expensive neighbourhoods are ...you need to go to lesser towns, fuel is a commodity with an elastic demand meaning no matter what so far the location is ideal, NO MATTEE WHERE THE LOCATION ONCE AGAIN NO MATTER WHERE THE LOCATION IS... It's consumption is the same , i have seen this happen with my eyes nd equally read upon it in school wht it's happened



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TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:06am On Dec 09, 2017
erico2k2:
No I dnt and wont live there, my point is this, if you locate your petrol station in a not so good location its Money down teh drain This is fact, hence you need to build one in a good location and Im very sure good location are not sold 500k/plot lets be realistic!and that cost of concreat re enforcement/Slab is way outta touch, I gave U an example of mine, my area was not up to two plot see howmuch it cost.
So u don't even live in Ibadan and u were arguing with me on how much I am selling my own land nawa sha, so u think it's u that would tell me the location of the ideal place for a fuel station after 10 years in the game smh bro u funny die
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 12:01am On Dec 09, 2017
erico2k2:
100 bag of cement ?
plz go to my page on here, U will see teh decking I did, the slab was 6 inches thick its for a two flat and a duplex, that took 180 bags of cement, and cost approx 3.5M to complete,are you for real?
Hope u reading what u saying urself , u done an 6 inches slab nd it costs 180 bags of cement don't u know the pipes running underground from the dispenser to the underground tank might not allow ur concert slab to be any thing more than an inch thick ... And when I said 100 bags of cement werent u thinking I knew a unit price was 2500 of which still comes under the 300k quote I said and pls don't say gravel and sand nko cos since we started this argument ....that money has not reached the 10m the Op quoted and we have literally built it on here from scratch ....so pls don't ask me wht abt gravel, paint, staff uniforms cos maybe it's the remaining 3 million they are selling it you will tell me
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:53pm On Dec 08, 2017
Adeneyagrofeeds:
You said 500k can buy a land along d main road in Ibadan? Are you kidding or what. It will be better to stay mute if you have no clue of what you are saying. To find 500k land for ib u go enter bush.
But did you read where I said the land was located, do you even live in Ibadan to know where these places are ...or would you like to view these plots urself so u can be sure of what I am saying
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:49pm On Dec 08, 2017
[quote author=Partnerbiz post=63107763]This is alice in wonderland.
9 million to start a school, real estate or filling station.
This shows you don't even have a smattering of what you are saying.

So all filling stations make 400k per day? This is ludicrous. And that type of filling station can be set up with 9 million? Can 9 million secure a small portion in a good location?

Or is it school? What type of school can 9 mil set up.
Gosh![/quote
Bro some filling stations make up to 400 k amount in sales for that day go and ask around ....even whilst I'm there I filled up the tank with 15k the guy before me did and it was still 7am in the morning pls don't come here with ur ignorance ooo, before some close for the day they go to deposit at the bank twice cos the cash is too much already
I'm tired of telling people who live in the overpriced areas of Lagos that there is cheap land everywhere else I don tire bro
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:43pm On Dec 08, 2017
erico2k2:
I cant do that for security reasons, why will I wanna xpose identity of a person on here, go to the property section,you will see loads, Oh u want to share licence ahah I just keep getting better
out of interest, what age bracket are you?
I don't know why u talking like this bro, NNPC tells you every fling station needs a license to lift PMS from it's depots and u automatically assume every filling station that currently sells fuel has complied with the directive ....lol I don't even understand which planet you one bro ...
I'm 29, my dad has a filling station so I was born and bred in the game ...trust me I didn't just wake up to come and tell u lies for no reason....
10m is more than enough to build a filling station don't let the multiplier effects of Lagos rates deceive you or discourage you
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:37pm On Dec 08, 2017
[quote author=Agbaletu post=63106498][/quote]Location ILE Ife osun state I personally was involved in the sale of 500k plots of land twice to 2 different fillings stations ...other examples are all the other towns nationwide
Regards
So you don't think 2 million can build a 2 room shaped building lol maybe you think u building a flat and apartment ....service station that doesn't even have any real economic function

And the other ones you commenting maybe on lol ...nawa for some of u guys sha do you even know wht a fuel shield is loool
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:32pm On Dec 08, 2017
erico2k2:
For starters, where do you get a piece of l and for N500k to build a petrol station, and howmuch does an excavator cost to hire for one day to dig the pit?howmuch does a licence cost to oporate.Howmuch does a fuel dispencer cost, you need atleast two, howmuch does your C of O cost?, howmuch would it cost you to re enforce the ground and cast concreat
Hopefully you clear on where you get cheap land from now, a fuel dispenser costs a million naira each, as a lawyer I personally do C of O and other land agreements for 10 percent of the value of the land so that abt 50k to 100k

You would need abt 100 bags of cement with two truckload of gravel and sand budget 300k maximum...
So total is 500k plus our original 6.5mlion naira estimate so there is still much more of the 10 million naira left
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:26pm On Dec 08, 2017
erico2k2:
Plz point us to any land seller on NL who sells at the ammount you just said,or you think we do not have Ibadan people on the property section??
dont worry I wil soon copy two persons into this convo,I have asked you howmuch does the licence to operate cost still no answer
Challenge accepted pls copy these two persons to the convo, tell them I have a plot of land on a major road in the following areas in Ibadan for 500k -soka area, madomo, and layipo ... Bro do you think I came here to play or lie

The license is expensive wht u do is you share with anothe station which has license to lift to sell to you preferably from another state so to NNPC u are the other station branch costs less than nothing ...some even load directly from other major filling depots ....so lifting license is a small issue
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:20pm On Dec 08, 2017
InvertedHammer:
You are contradicting yourself. You said lands are priced around N500k along Ibadan expressway. Where can one get N500k land in a prime location?
Relocating to Nigeria is a gradual process. Out of the $30k he saved will be his living expenses, family matters and other miscellaneous expenses. He can start working on his plan from now until everything is ready. But packing up with $30k in his account to relocate to Nigeria is a very bad idea. It may even take as little as one slay queen to latch unto the OP and send him back to square one.

/
I have 1 plot of land each personally for sale in these areas of Ibadan -layipo, modona, and soka price 500k

Even the 30k dollars was is too much for the filling station self so he is fine and if u serious abt business, u wud forget slay queen
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:16pm On Dec 08, 2017
erico2k2:
go to this post see howmuch they sell petrol stations


https://www.nairaland.com/4062166/promo-promo-promo-all-forsale#60577859
But the post only tells you how much they are selling it for, the post doesn't include how much he built it for, hope these are not filling station in Lagos ooo cos u Lagosians are kinda stupid sometimes you can buy anything for whatever price as if that same thing is not available everywhere else smh
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:11pm On Dec 08, 2017
chronique:
i'd do as you have said. we learn everyday and no one knows it all. i have had friends pull deals on petrol station sales and most of them have been well over 80m in costs. there was one in ikoyi that was advertised for something around a billion naira(if my memory serves me right) and as such,it's only logical that i would scuff at anyone talking about building a gas station for 10m.
I can see Ikoyi in the above post brother, so once like I have advised you, in Lagos not only do you pay for the location, you still pay in hundreds folds for the island locations ...this is how Lagos island has been nd would continue to be, wht do u think there are no hotels with rooms from less than 10k in victoria island ...cos you pay for the location ...come to other states bro and you shall see many many of these investments in these cheap rates as I have narrated ... I remember whilst I was a law student I asked a law firm in victoria island to help me incorporate a company they gave me a 800k quote lol something that cost less than 20k on reality plus transport money to the corporate affairs commision office..I'm sure they've been charging clients 800k in the past who go on telling everyone it cost 800k to incorporate a company name.
So to hope you get my point now
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 11:02pm On Dec 08, 2017
Fingerprinter:
I am far from Lagos. Please, I can't scroll back to see your previous comment. Could you copy it and use it to quote his comment? I beg you. I am asking because I have interest in that business.
Yes 30k dollars is just about 10 million naira
And yes 30k can build a petrol station
I have statistics in documentary form to back these facts up.
Nevertheless by my statistics here is a summary of how much it costs to build a petrol station in Nigeria
1.Empty Land ( 1plot is idea but 2 plots is preferable -budget -500k -900k

2. Service station ( this is the building in the middle of every petrol station where the attendants stay or dispense other items except petrol from or where the managers office is located.. It is commonly a rectangular shaped building the size of 2 rooms. Mud blocks can be used to save cost and cheap corrugated roof can be used in it's construction since it building itself is almost useless as it doesn't in real sense bring any income for the petrol station when in operation. Budget 1.5 million to 2 million ( foundation 400k, construction to lintel 300k, roofing and plastering 1.2milion naira )

3. Underground tank - this is the actual most important part of a petrol station so it's advisable to build this first before constructing the service station ...price varies but most popular version is in form of a septic tank which almost everyone has in thier homes just that the plastering would be different to accommodate the petroleum products to be kept In them....budget 800k to 1.5 million naira

4. Fuel pumps/dispensers - for some very crazy reasons fuel pumps and dispensers cost a fortune even though it's a pump and an electronic meter to measure the quantity of liquid being dispensed is in all of them.... Fuel dispensers are expensive so budget 1 million for each unit ... The minimum you need is 2 units, on average you might need 3 fuel dispensers ....so budget 3 million

5. Shield for the fuel dispenser...this is made to provide shelter and illumination for the fuel pumps. They can be made from anything so far it does the job ...budget 200k

6.misclleanoues expenses which include the cost of applying for license to lift petroleum from Nnpc depots (if you have ur own tanker if not you can simply enter an agreement with someone that has ) and other operating costs -1 million naira

Total costs
1.empty land- 500k
2.service station- 1.5 million
3.fuel dispensers - 3 million
4.fuel shield/shelter-200k
5.operating and misclleanoues costs -1million

So total less than 6 million naira so in an effort to answer your question not only would 10 million build a petrol station in Nigeria, it can even build 2 petrol stations and make back the 10 million in less than 2 months of opening

Hope this helps
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:55pm On Dec 08, 2017
chronique:
Oh! Really? If that is the case, I might just be interested in it. Maybe I'd find time to come and see things for myself with valid proof of receipts and payment for the cost of the ones you have set up for that price. A petrol station for 10m is too good a deal, to pass off.
I don't tbink this is a problem bro, it's what have been in the past involved in and still going strong in ..
On the other hand you can rationally work out my estimates cos have noticed how you disagreed with me that Land cost 500k in some parts of Nigeria but you didn't say anything on fuel dispensers costing 1 million naira per unit each or the service station costing 2 million or the underground tank costing 1.2 million too
When you wake up tommorow stroll to your closest filling station and picture what u can see and how much do you think it might be worth ..try speaking to theamanger or the attendant too on how much he or she thinks or what rumors have that the whole thing is worth ...

Bro with 10m you have ur filling station ready
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:43pm On Dec 08, 2017
Fingerprinter:
Did you just say $30k can build one a petrol station? If so, every Nigerian would own a filling station na. Don't deceive the Op in a bid to sell your services abeg. Do you even have an idea that $30k is roughly 10 million naira? That amount can't even buy you a good land that is located in strategic place ideal from building filling stations.
Guy behave!
I just replied someone who said exactly what u said just now so go down the thread on my breakdown costs of building a filling station, it's something I have advised people on many occasion.. Besides I can see the phrase strategic location like there are not fuel stations in towns and even in some remote villages self ...I'm guessing you must be from Lagos where overpriced plot of lands can be sold at anything ...remember no matter how expensive the land is sold, the unit price is the same so roughly all fuel stations make jst abt the same value of sales
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:38pm On Dec 08, 2017
InvertedHammer:
One thing I know is that things rarely work out in Nigeria as outlined in an estimate. There are always surprises somewhere which you didn't include in your estimate. How many gas stations do you see abandoned along Nigerian highways? If it is that easy and profitable, they will be operational. You failed to include the cost of sourcing and transporting fuel, employees, insurance, business registration, state and municipal levies, logistics, etc in your estimates. The list could be endless. By the time the OP knows what hit him, he will be broke and depressed.
/
I like how you said fuel stations have been abandoned on the highway who in their right mind builds a station on the highway. Highways are for fast travels, the point for travelling on them is not to stop for fuel or anything or whether for whatever reason ... It's impossible to see Petrol station within a town closed down impossible cos a petrol station feeds on the people that live around it and since people don't live on the highway it's a no brainer y stations on the highway have been abadoned ...

To the other logistics and other related expenses, the right type of people would help you with this in particular an experienced commercial lawyer, it's not a stumbling block to building the station itself ...there are just small issues by the side not that much to worry about
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:30pm On Dec 08, 2017
chronique:
Who is this person for God sake? Where do you want to buy land for 500k to build the filling station? Lagos, Abuja or Ijebu-Igbo? 10m naira will build a petrol station in Lagos and petrol stations are being bought for as much as 100m naira plus? Please get your facts right and don't mislead people.
I don't think you've ever considered the econometrics of the scenarios I laid down... Lagosains have this bad habit of thinking the whole trade and commerce revolves around them and if petrol stations are being sold for 100m in Lagos then they must be abt the same price everywhere else...

To answer you question come to Ibadan and see land along a main road/ express for 500k, I repeat the land is even tarred
I feel sorry for most Lagosains cost you guys pay for the location of where you live so reason y a plot of land can cost a billion naira in banana island. Open your eyes brother petrol stations that are not in Lagos are making 300k a day sales steady

Don't you not think FUEL is the same needs of people every where even in the village
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:21pm On Dec 08, 2017
erico2k2:
Are you for realhuh??
I'm more than for real bro, I even have I invoices, receipts, to back up the statistics I have just said above ....

I am more than real, just because the petrol station makes millions upon millions a month doesn't mean it would cost the same to get operational. Petrol stations are just like any other shop or store that sells anything that people might want to buy.. The only difference being FUEL has an inelastic demand, no mattr the price it's sold, it's a must have. As things stand in Nigeria self after every family has put food on thier table, FUEL IS Next
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 10:13pm On Dec 08, 2017
TheAlchemist:
Nicely said,,, but sadly things hardly work that way, before you know it the fuel station might be ear marked for demolition, because the lawyer did not ensure that the proper C/O of was obtained, hope you get my drift, or that the road network has to expanded, no problem the person who invested all his money in developing the petrol station, might wait forever to get government compensation... things hardly work the way it should, in this Country.
I get you bro but these are problems that can be avoided by getting a sound lawyer who knows what he is doing like how can any lawyer who passed through law school get it wrong with a C of O. I always advise clients budiling houses or whatever to always leave some space for expansion of roads, canals and bridges no matter what so these problems can actually be solved.

Besides the government are the best categories of persons to sue in a court of law COs they have many properties here and there so of they fail to compensate you for demolishing ur property, be assured u sound lawyer would know what to do

Regards
As eluyefa esq
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 9:51pm On Dec 08, 2017
Agbaletu:
30k is just a little coins above 10MN.
Are you telling us that 10MN can build a fuel station?
It is 30k US dollar bros!
Yes 30k dollars is just about 10 million naira
And yes 30k can build a petrol station
I have statistics in documentary form to back these facts up.
Nevertheless by my statistics here is a summary of how much it costs to build a petrol station in Nigeria
1.Empty Land ( 1plot is idea but 2 plots is preferable -budget -500k -900k

2. Service station ( this is the building in the middle of every petrol station where the attendants stay or dispense other items except petrol from or where the managers office is located.. It is commonly a rectangular shaped building the size of 2 rooms. Mud blocks can be used to save cost and cheap corrugated roof can be used in it's construction since it building itself is almost useless as it doesn't in real sense bring any income for the petrol station when in operation. Budget 1.5 million to 2 million ( foundation 400k, construction to lintel 300k, roofing and plastering 1.2milion naira )

3. Underground tank - this is the actual most important part of a petrol station so it's advisable to build this first before constructing the service station ...price varies but most popular version is in form of a septic tank which almost everyone has in thier homes just that the plastering would be different to accommodate the petroleum products to be kept In them....budget 800k to 1.5 million naira

4. Fuel pumps/dispensers - for some very crazy reasons fuel pumps and dispensers cost a fortune even though it's a pump and an electronic meter to measure the quantity of liquid being dispensed is in all of them.... Fuel dispensers are expensive so budget 1 million for each unit ... The minimum you need is 2 units, on average you might need 3 fuel dispensers ....so budget 3 million

5. Shield for the fuel dispenser...this is made to provide shelter and illumination for the fuel pumps. They can be made from anything so far it does the job ...budget 200k

6.misclleanoues expenses which include the cost of applying for license to lift petroleum from Nnpc depots (if you have ur own tanker if not you can simply enter an agreement with someone that has ) and other operating costs -1 million naira

Total costs
1.empty land- 500k
2.service station- 1.5 million
3.fuel dispensers - 3 million
4.fuel shield/shelter-200k
5.operating and misclleanoues costs -1million

So total less than 6 million naira so in an effort to answer your question not only would 10 million build a petrol station in Nigeria, it can even build 2 petrol stations and make back the 10 million in less than 2 months of opening

Your sincerely
Akinola eluyefa esq
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 8:27pm On Dec 08, 2017
Alcatraz005:
SMH, you are a disgrace to the profession.I am the top honchos at NBA are seeing this but they are too busy looting our bar practicing fees to even notice. Goodluck with your "client".
I am a disgrace to a profession by telling someone he would need to first incoporate a company first before he can dream of ever doing business in Nigeria, also I advised him as to the best of hot business in Nigeria now which have a high investment yield by using the amount of petrol stations in Nigeria make. I also told him I can send him the business proposals for free of which I can even recomend other prfessionals to him who can help him get started on all I have said to confirm if they are real or not... And yet you say I am a disgrace to the profession... I pray to God to help you in life
TravelRe: Moving Back To Nigeria From USA by babaskool(m): 7:58pm On Dec 08, 2017
BluFlyBoy:
I plan on coming back with about 30000 USD and getting myself land/property to my name, complete NYSC, see what the job market is like as well as concurrently starting a one or two provisions stores. Slowly expand on that, with the end goal to become a distributor at the national level.
Dear diasporan, firstly, I would like to thank you for your passion for Nigeria, I decided to move back to nigeria a year ago too after 7 years in the Uk. So I understand your anxiety in all ramifications.
Secondly ignore all the negative comments you see on this thread, only people who have left nigeria for years and see there is hardly anything a developed country can offer, only a developing country can provide the means by which ones investment can grow without endless Taxes,bills, social security contributions, medical insurance e.t.c

You have done well for yourself by saving up to 30k to invest in Nigeria and trust me with the right planning you would not go wrong, there are people living in Lagos who have the equivalent of 30k dollars in naira and they are not in politics or ever travelled to the US so how come they have 30k dollars in thier account.

So please ignore anyone who discrouages from coming back to invest in a country that would give you a Massive yield for your investment. It's better to be a king in your country than a mouse in someone else.

So back to the information you really need, your safe bet in Nigeria right now which can generate up to 50% yield is these 3 things : 1.education 2. Real estate 3. Petrol/filling station ...your capital of 30 k dollars is more than enough to do this ...

So like I said above in less than a year your business would have paid back it's 30k investment, the only serious setbacks of doing business in Nigeria is finding the right type of people to get you started not the cost of fuel or police brutality or lack of electricity or any of the things you see on twitter or cnn...

The full scenario of Nigeria is not what you see online, there are incredible opportunities here you would never see online cos it's very hard to describe the opportunities online to anyone ...
I don't think I can say everything on here since I moved back to Nigeria but first things first you would need to incorporate a Nigerian company. I am a Nigerian lawyer so I can help you with that as fast as you can say the word a certificate of incorporation. Thereafter we would have to help you with a domicillary account so your money can be moved across continents with ease .. In addition I could also help you with a certificate of capital importation ( this certficate allows you to transfer your current at the Cbn rate )

After this then your business or company is ready for any actual real investment possible ...also if you do not mind I have 3 detailed business proposals on the 3 ideal business I listed above which is 1. Building a small scale school (education ) 2 . Real estate (buying land or a building the finished product at a high margin house flipping it's called or 3. A petrol / filling station ( petrol stations in Nigeria make up to 400,000 naira in a day ( I have statistics to back this up ) so imagine building a petrol station with 30k dollars and making up to 1k dollars in sales in a day ...


In less than a month after you start operating you would thank God for leaving the US and coming to invest in Nigeria and not missing out on the Nigerians on twitter or fb ...cos real business is not on twitter or fb...it's here in Nigeria in particular when you get the right type of people to help you ....

This post is too long so pls contact so I can send the business proposals I have for you for free firstly then after I can advice you on the company matters so you can find out if these things I say are lies or not ....
Yours sincerely
Akinola eluyefa esq
BusinessRe: Understanding Bank Lending by babaskool(m): 4:59am On Dec 08, 2017
Please can anyone on here help me with the details of the loan provided by the central bank where the collateral is ones original copy of their degree certificate. I need details as to how to get started and how and when to apply
CareerRe: “one Year Ago, I Disgraced My Friends & Family On National Tv" - Nigerian Lawyer by babaskool(m): 7:34am On Dec 01, 2017
So what's the relevance of you dozing off like all other 6 billion humans on the planet do and a year after you dozed off..like I'm so confused
On the other hand maybe he is looking at the funny side, also he is a lawyer and perhaps someone online might remember his name now and decide to employ him or brief him
PropertiesRe: The New Lagos Tenancy Law:who Does It Favour Most? The Lanlord Or The Tenant? by babaskool(m): 10:23am On Nov 06, 2017
Oildichotomy:
ESQ if I am to get you correctly, One can have yearly tenancy in this instance and pay less than three months?
Yes perfectly fine to have a yearly tennacy ( a legal period for a period of exclusive possession for one year ) and yet would have paid for only the first month only. When your rent is due is totally different from how long you have entered into the contract with your landlord to stay in the property in question.

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