₦airaland Forum

TheSparrow:
There are several businesses you can start and run profitably in Nigeria. Below are four that readily comes to mind:

1. Rice Milling: One of the best businesses one can venture into in Nigeria today is parboiled rice production (Rice Milling).

Nigerians currently consume over 5 million metric tons, which is equivalent to over 100 million 50Kg bags of rice annually. With the current population growth rate of Nigeria, the consumption of rice is estimated to reach about 35 million metric tons (700 million 50Kg bags) by the year 2050.

There is high demand for rice in Nigeria. With a population of over 180 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large and growing market for rice.

As it stands, the current producers of good quality rice in the country cannot even meet up to 50% of the current demand. This is the reason why the market is flooded with poorly produced and low quality rice.

New entrants into the rice milling industry that can produce good quality parboiled rice will have an evergreen market waiting to be sold to.

2. Drinking Water Production: Another good business that does very well in Nigeria is drinking water production (Bottled water and Sachet Water).


The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically produced and well packaged food products like bottled water.

The market for packaged water is high and cut across all parts of the country. With a population of over one hundred and eighty million (180,000,000) people, and an estimated national population growth is 5.7% per annum, Nigeria has a large and sustainable market for packaged water.

3. Poultry Farming: Poultry farming is yet another business that gives good returns on investment.


Poultry farming has risen to become one of the most lucrative businesses in Nigeria today. This aspect of livestock farming, if set-up and managed properly, provides legitimate continuous income for entrepreneurs within a short period of time. There are over 160 million consumers in Nigeria and over one billion in Africa. This provides a large, growing and sustainable market for poultry farmers in Nigeria, and Africa in general.

4. Pounded Yam Flour Production: Pounded yam flour is another product that you can chose the invest in its production.


Pounded yam is a popular delicacy produced from boiled yam tubers, and is consumed by many people across Africa. However, a lot of people, especially the middle class find it difficult to prepare pounded yam the traditional way which involves boiling yam, pounding it in a mortar using a piston, until it becomes a succulent dough.

The growth of the middle class in Africa in general, and Nigeria to be specific, has led to a need for hygienically processed, easy to prepare and well packaged food products like yam flour.

You can read more about these businesses via the links below:

1. Rice Milling Business In Nigeria


2. Bottled Water Production In Nigeria

3. Starting A Poultry Farming Business In Nigeria

4. Pounded Yam flour production in nigeria


Wishing you all the best in your quest.

I can only vouch for drinking water production and Rice production,U can make it in rice if your rice is cheaper & good.
For poultry there is a thin line between success & failure,too much stress, anxiety & uncertainty.no long term sustainability.

Kai!They should have crush d head.

The way western universities gives 1st class now made it common & useless.teaching job ke?where are d blue chips companies that storms campuses to hand-picked them like fresh leaves back in ma days?

Abeg let d less ugly b d governor.we Edo people don tire to send monkey to lead us.

Abeg where I fit see Lamborghini, Ferrari, Koenigsegg keys buy even d key holders.he don Tay wey i shoot my 10' Machine gun.

Did they even recognise these man in PDP,even his opinions?what electoral value does he have in PDP?

What happens to all the security votes they have been receiving over d years,more SV more insecurity.

DeSpecialist:
Affilliate Marketing can make you a millionaire over night..if you know what you are doing..

How does this A.M works?

Which one b wike own for this Mata?

Is this man not a practicing jihadist again?

Make dem they brand HIV status for forehead na! Caveat Emptier.make person no see am commot his 12' Canon to blast away.

U caught some godamn vampires & U hand them over to d police?they always kills for sport,now they will come back & wipe you out for tying their hands.

Adamu Nuru a beg make I send U my account number,so that U will do d needful error.

Y can't dey leave him for Muhammed to deal with him.

China again?I hope d world will not end through china?

How comes I never heard of this name in boxing b4?I know of Lennux lewis,he is so broke now that he beg to join Nollywood.

When will Baba own be ready?

OJURONGBE1:
I also observed that plantain grown in swamps tend to yield better with or without fertilizers.
it's just my opinion and research made in my small scale plantain farm (2 acres with over 1400 plantain trees)

Ok got it

OJURONGBE1:
I also observed that plantain grown in swamps tend to yield better with or without fertilizers.
it's just my opinion and research made in my small scale plantain farm (2 acres with over 1400 plantain trees)

U have not answered my Q/S.

Kindledlight:
I watched it on Netflix several times

Trybe tv just showed it last night probably to campaign for APC

I cried for that king that was banished and benin people.

So na Obaseki grandfather, betrayal is in their blood,they are carrying d curses of d oba.

Oba need to be careful oo!b4 Obaseki go come remove d roof over his palace.

The only thing of interest there are those arrays of artifacts & even stools,I will persuades Oba Ewuare II to donate them to my museum.

Born2Breed:


APC, smart move with the dress code, and no hat. They corrected PDP's error and the none availability of Kola and Gin was bad for PDP.

But we are not voting party or person, just stamping out godfatherism which will be APC Achilles heel.

So una choose no godfather over good governance.

internationalman:
Guys would be happy if an ex girlfriend praises his sexual prowess... But girls are usually ashamed about it..


Why are theses vagina people's lives so complicated.

Why do ye call dem vagina people?

Tinubu na wike mate?make he find his play mate oo!

OJURONGBE1:
If your harvest come in between March till August. You'll be smiling to the bank steady.

When d U plant to make your harvest come btw March & August?

Lagos house marina,state house,round house,gorment house,marina house,alausa house i am confused but not shocked.

Obj your time to go to hell is coming mama fela is waiting for U on d way,Odi,zakibiam victims,bola Ige & many others are waiting.

How can Buruji just die like that?death shld have collected money from him & leave him...but how comes no sitting gobanors have died?

Is this even fair?when will he extend this kind gesture to d people of d south.

Arrewa:
they just don't marry them off... They empower them and allow them choose who they want to be with.

Choose who they want to be with?do they have choice?it is d men that came tpick whom they want,even lepers,beggars, "repentant" Boko Harams will b among d lucky grooms...they will take them home not even realising they are married until there is need to pfuck & born goons....those northern folks have sinister agenda to over populate nigeriya

No be SBB be producer of bbnaija.