₦airaland Forum

Kenekingisback:
Go overseas...
Most printing companies in Lagos belong to Tinubu

MhizzAJ:
Who is thos cocoNUT head above me.

How is she a useless girl.

Its not by force to be in a relationship

If you cannot cope with her , leave her alone.

Some men are very capable....they wont complain..
They wouldnt mind spending all their savings for her afterall shes your girlfriend.
Stingy man

JusticeSeeker:
Propaganda and Ortom/pdp are inseparable. Some of those graves are empty.

joepentwo:
Some of the business I am going to list
here are common businesses that
people tends to neglect still they have all
the potential to make someone rich.
Starting a small business in Nigeria has
never been easy at any time considering
what you’d have to go through to raise
capital towards setting up any business.


Basically, it’s all about money money
money! No Bank in Nigeria is willing to
help small scale entrepreneurs and
Government seems to have plans only on
paper for the large number of jobless
citizens in the country.


Therefore, if you are contemplating any
business, you are on your own if you
don’t have enough money to finance it.
The worst part of it is that most
potentially profitable small businesses in
Nigeria need much amount of money to
get it started due government huddles
and their bureaucratic bottle necks. Most
times, the money required to start small
business in Nigeria is far much beyond
what average Nigerian entrepreneurs
can afford.



Have you ever conceived a business idea
so bright that it was just a matter of
getting it started and the money starts
rolling in, only to see the idea die
because no money to kick start the
business? That’s what 70 percent of
Nigeria Entrepreneurs experience on
regular basis.


Sometimes, the little money you have
can’t just be enough to start anything
reasonable no matter how hard you
tried. Because of these, many people are
finding it difficult to figure out any
business they can start with small
amount of money and make reasonable
profit.


This post will take the burdens off
you as I have taken time to come up
with lists of small businesses with good
ROI
Below are some of the best small
businesses in Nigeria that any aspiring
entrepreneur can start with N50,000 or
less and make substantial profit in no
time.


1. Plantain Chips Making – Move around
the street and you will see different
brands of Plantain chips on sale and it
sells very very fast. People like chewing
stuffs like plantain chips and there is no
end to it, so if you can engage in the
business of producing and supplying it
to retailers and hawkers, you will be
making good money on daily basis.

All what you needed are: Big Frying Pan
(N3,000) Small Sealing Machine
(N15,000) The Nylons and Labels
(N2,000) Other Utensils (N5,000) The rest
N30,000 goes into buying of Plantains
and logistics. Supply to the shops and to
hawkers and make regular money on
regular basis.



2. Tokunbo Shoes – I like quality leather
materials and that’s why until recently all
my shoes and bags are bought from
the tokunbo shoes and bag sellers. I
used to get some top class shoes for
about N3,000 by the roadsides back in
those days when I can’t really afford
high quality designer shoes that cost
N50,000 or more.

There are many people out there who
are just like me. Instead of patronizing
those fake China shoes and bags, they
prefer to buy high quality fairly used
ones which last longer and confer you
with more respect.

Get a nice place where you can be
displaying your goods such as in front of
shopping malls. Go to any fairly used
products market (Katangowa or Aswani
in Lagos) you may go to Seme Border or
Kotonou. Select quality fairly used shoes,
look for designs that are close to the
latest fashion. N40,000 can get you up to
40 pairs of shoes. Sometimes you make
profit of up to N3,000 from a single sell.



3. Used Books – You usually see them by
the roadsides and you’re wondering if
the sellers are making money from those
books on display? Try it and see! You will
be surprised at the profit margin, and
you will be amazed at the rate at which
Nigerians buy different kinds of books.

Follow the same process as with the
used shoes but you buy at different
markets. Used books are sold mainly in
importers warehouses, locate one and
go there to select nice used books,
Children books, Professional books, Hand
craft books, etc. These types of books
sells very fast with high profit margin.

N50,000 is more than enough for a
starter.



4. Office Supply – People who works in
the offices finds it difficult to go out to
the market to buy certain things like
Wrist Watches, Shirts, Ties, and Perfumes.

Help them do the shopping and charge
moderately, don’t be greedy like other
suppliers who buys fake things for
N1,000 and wants to sell for N10,000 in
the name of office supply. Some of them
even use to lie that they bought the
products from oversea (while in reality
they bought it from Idumota) just to sell
it at unacceptable price

If you are honest with your business and
charge reasonably, you may even get
huge supply contract form some of the
people you will meet in the offices.
N50,000 will do good in this type of
small business in Nigeria and you are
going to be glad at the brisk business
you will be making.



5. Road Side Foods Vending – If you are
the hard working type, this small
business in Nigeria may be for you. I’ve
seen people buy cars and build houses
from this business. It’s one of the few
businesses that guarantees steady flow
of income no matter the weather and no
matter the economic situation.

Specialize in cooking Jollof Rice and
Beans, Moi moi, Fried Plantain, Custards,
and Fried Eggs.

You will be come the
best friend of the people and the people
will be your friend! Look for a hot spot,
like the bus stop, near Motor and Okada
parks or busy shopping malls.

Thirty Thousand Naira (N30,000) will get
you all the utensils and small tables and
chairs. While N20,000 goes for food
items and settlements.

Redman44:
Get any job if you can't get a office job. Save up for some months. Import small machinery that you can use to start small food products businesses that will set you on the way to becoming a Industrialist like Dangote. You can start Plantain Chips business. The sealing machine for the plastic bag that will contain your plantain chips is on all these China sites. You can use these Chinese sites to start a small Snacks production company. It is not about importing cosmetics, clothes, shoes all the time.

There are small machinery on Indian and Chinese sites that you can import, stay in your house and use these machines to start a small factory in a shed in your backyard producing fast moving food products like Chin Chin, Plantain Chips, Bar Soap etc. Think outside the Box. Cheers.

Nbote:
Nigeria's major problem have always being continuity and lack of maintenance culture... Infact our lack of maintenance culture is d major reason why we are still suffering infrastructural breakdown

Careartrust:
Thanks. I have gotten already

SarkinYarki:
Yet the DGs private house will be top notch..the problem the black race has is one of being too self centred, we never think of the collective good of society but rather sacricifice the collective good of society on the altar of personal greed

QuitNotice:
With the calibre of people that occupy sensitive positions under APC, you can be sure that these guys truly came to work.
President - Buhari
VP - Osinbajo
EFCC - Magu
Power - Fashola
Chairman - Oshiomhole
LASG - Ambode
Etc.
Yes, corruption is using the current problems of the nation (which they caused) for propaganda, but they are all aware that a house destroyed in a day needs three months to be fixed, not to talk of a country, and 16years!
May God punish all the people that are praying for this government to fail.

Alzirida:
Nice one.
But we need to grow beyond playing finals of biggest Africa club competition two legged

BruncleZuma:


Petroleum, Defence, Finance, Health!?

seguntijan:
PDP the Cause of Unemployment in Nigeria*
You said "10m Nigerians lost their jobs during Buhari Government of 3½ years". No argument! I'm asking you to name one company that has close up within this period, then calculate the number that lost their jobs when your PDP closed down the following Companies which they met in 1999 and ruined before 2015 during which Abubakar Atiku was the most powerful Vice President for 8 years. Atiku oversaw the sale/collapse of the following companies that would have provided jobs for the teaming Nigeria Youth;
NITEL
NIPOST
Nigerian Airways
NRC
Nigerian Shipping Company
NMT
Oshogbo Steel Rolling Mills
Aladja Steel Company
Ajaokuta Steel Company
National Oil,
Dunlop Nigeria
Nigerian Textile Mills
ALSCON
DICON
NAFCON
Bacita Sugar Company
Iwopin Paper Mills
Jebba Paper Mills
Oku Iboku Newsprint Paper Mills
Volkswagen Of Nigeria
ANAMCO
Leyland Motors
PAN
NEPA
Nigerchin Cable Company
Michelin Tyres
Nichemtex Textile Industry
Kaduna Textile Mills
NGC
and the list goes on and on...!
PDP'S cruelty replaced the above with the following:
#DO -OR-DIE POLITICS,
#CORRUPTION PLC,
#Niger Delta Militancy,
#Boko Haram Insurgency,
#Suicide Bombings,
#Armed Ethnic Militias.
PDP ruined everything they met. Believe me when I say it will take time to revolutionize this country and Buhari/Osinbajo are the men for the job. They have laid the foundation!Take it or leave it.
This Is Just The TRUTH That Will Set You And Me FREE In This Country!!
APC IS SIMPLY A CHANGE IN PROGRESS!!!

lionness:
GEJ left a staggering debt all the money looted by his Ebos ministers and cabinets. The only real minister in GEJs cabinet was a Yoruba man who handled agriculture, every other minister were criminals and failures. Even Obi was part of those crooks. And I'm supposed to vote for a thief who did absolutely nothing in his state and left heaps of gbese. and Bubu has now saved over $20 billion and borrowed less. Bubu met dozens of saboteurs, from sponsored MEND who bombed oil lines for over two years to IPOBS who tried to kill his government and a rogue and useless NASS controlled by the opposition among delayed bills and sickness. You know when they say someone is Godsent and willing to do something with little. Yet the same man is fixing Lagos Ibadan, Sagamu, Lagos Aboekuta road, Rail lines linking Lagos Ogun and Oyo. Rail lines linking PH and Abuja and Lagos etc. we have better light and Bokoharam reduced to protesting and newts. Baba met a dead country, and today you see jobs posting daily on nairaland, only the useless youths stay on nairaland blaming their forefathers daily...a lot is happening and Thats why the Indians and Chinese are flooding the country. Bubu is building the Niger Bridge for these useless ingrates, fixing several SE roads that their gods and sons who looted the country dry didn't do for them. Atleast you know some folks are pathetically in love with corruption and trash...
PDP has shown it's a criminal entity with adopting those big thieves and flanking itself with all the confirmed looters of NASS. My SE and their love for looters. Hian!

dadebayo1:
Oil money.... Oil well things .

Prokaryote:
Abia I hail thee, immerging a Whole Delta state saying trash. So they must rely on Fg allocation before increasing wages.

McStoic:
i don't think there were much Fulanis in slavery. The south's proximity to the coastal made them the highest numbers. Can you tell me any notable Fulani American or anyone of Fulani descent whose ancestors were known slaves?