₦airaland Forum

Echosam:
Doing business in Nigeria is currently viewed as one of the most lucrative business ventures, in today’s global business environment. For the past 50 years Nigeria has been dependent on its valuable oil resources, which have brought great wealth to a select few.

However, as Nigeria’s economic sphere slowly changes, its economic structure diversifies to overcome its dependency on oil. This shift has opened up the playing field for a new generation of entrepreneurs in Nigeria. People, who can identify business opportunities in Nigeria, know that the oil industry is not the only business that you can enter and make money from.

If you are thinking of setting up a business in Nigeria and making millions of Naira from it, you can choose from a variety of options. Read and find out my Top 20 Lucrative Businesses in Nigeria That Make Millions of Naira.

Top 20 Lucrative Businesses in Nigeria That Make Millions of Naira
1. Fast Food business – You need decent customer service, management skills and capital in order to set up an eatery and make sure that everything runs professionally. You can set out on your own and create your own brand, or buy in to an already established business franchise, such as Mr. Biggs.

2. E-commerce – This is a very promising venture and the best thing is, you will have all the tools and customers over the web. If you do not have the required knowledge, you can collaborate with an established firm to operate your e-commerce enterprise. Benefits are – Low start-up costs, changes can be made instantly, the potential customer reach, and you can easily measure results with cost affective online marketing.

3. Construction business – Business is booming in Nigeria, and so is our population. To support this growth, Nigeria now has a booming construction and housing sector. The range, type and size of projects is huge, so there are plenty of opportunities depending on how much capital you can invest. If managing a construction project isn’t for you, you can set yourself up as a local dealer to supply building materials. The investment is not as huge, but considerable investment will be required initially to buy and stock materials. But you can be assured that there will be no shortage of business.

4. Hotel business – This is a goldmine industry if you can get it right, but the competition in this sector is quite high. To launch and maintain your hotel you will need a large amount of capital. It takes planning, patience and hard work to start a hotel business. A high-level of customer service skills is also required to attract new and returning visitors.

5. Kerosene retail – You can set yourself up as a supplier to make your millions quickly. Kerosene is used in most homes in Nigeria, and Africa due to inconsistent power supply. This is one of the most lucrative business opportunities in Nigeria. . Entrepreneurs have been known to receive 100% returns on their initial investment.

6. Rice farming – Is the most profitable area in Nigerian agriculture. Nigeria has a low local production of rice, but an extremely high consumption rate, which leads us to import the majority of our rice from overseas. Recent reforms in the Nigerian agriculture sector have seen the government open up the sector for more investments to support small, medium and large-scale farmers.

7. Haulage services – Given the poor rail transport system in Nigeria, most of the goods are shifted by road and this makes the haulage business in Nigeria extremely lucrative.

8. Snail rearing – This is one of the business ideas in Nigeria that needs low investment as snails require simple vegetation to eat, and they reproduce at an alarming rate. You will need to invest in housing and protecting them, as snails are delicate, and must retain their moisture to survive. There is not much competition in the industry and you can enjoy making profits without many challenges.
Top 20 Lucrative Businesses in Nigeria That Make Millions of Naira

9. Car and machinery spare parts – As Nigeria’s economy grows, so does our manufacturing industry. This has driven a rapid increase for capital goods such as machinery, lubricants, spare parts, ball bearings and other mechanical goods and accessories. The key is to find a good supplier from abroad. UAE-based enterprises have emerged as the leading supplier of these goods to many countries in Africa.

10. Poultry farming – This is big business, and you can begin with around 100 birds, and build it into a large-scale enterprise within a short period of time. You can make money from selling chicken eggs, or chickens for meat. This is a top business startup idea.

11. Transport business – Although a little messy at present, it is a profitable sector in Nigeria and can help you make millions annually.

12. Fruit Juice Making – This is a capital-intensive business, but if you can manage the funds you can grow as big as ....continue reading http://echosbiz..com.ng/2016/01/top-20-lucrative-businesses-in-nigeria.html

prinzfavian:
Habitually watching pornography gradually destroys ur conscience until it no longer functions. But a dead conscience can be revived, first u need to stop watching porn.


~ THOSE URE WATCHING MIGHT HAVE CHANGED.

Change is the only constant thing in life, has it never strucked ur mind that, the person ure watching doing all sort of dirty stuff might have given it all up for a greater reason and is now a better and changed person. As in now a good christian who regretted all she did back in her past. And for your information God will forgive her for she has repented. But look at you, choir master, aunty usher, pastor J.J, elder kokumo, mr robinson, sister ofeimuna, and so on watching her own past mistakes and making it ur own present and future destruction. Look at the adulterous woman in the bible brought to Jesus, if there were fones at that time, her sexual acts wud av been recorded and spread around, people will keep watching whereas she has repented and has been forgiven, but ure there packing the trash she left for lawma. Many of this porn actress now live a responsible and holy like. YES they regretted what they did with their past and they are paying for the consequences and they may do so till they die, but after they die they will have the chance of entering Gods kingdom which is much more improtant that whatever they can get in this sinful world. So what will become of you that didnt even sleep with dog or lion or horse, or gays or lesbian, that didnt do three some or nineteen some or orgy, or whatever but you just watched. I mean just watched. You look at them ahead of you enetering God's kingdom and you will be like . . . .Let me stop here.
Quit watching pornography, quit masturbating. Its end is disastruous. The sweetness u get now is just for a while but the trouble u will get later, even the whole of nigeria wont be able to solve.
A word is enuf for the wise.

Prinzfavian.

Ginaz:
Lol the last one looks so sad, like he doesn't wants to take any picture

kilokeys:
The male..

After while, pup births. The bit.ches are so unsightly when they run towards u with their million boo.bs swaying grotesquely from side to side.

miketayo:
China phone is still china phone

7footre:
I may end up emptying d content on your face! Why raise ma hope nd dash it all within a minute.... I can't deal men!

SINNZ:
Ayodele omo Fayose is that you?

ImFortress:
5 weeks old Caucasian Puppies both sex available, call 07061000293

vizier007:
o.k my bad. my assumption was that he thought the cat ( with one half covered and d other half hairless ) is a different breed on its own.
I don't really know much about cats but when I asked someone, he was saying something like ( American shorthair, tabby ) can't really remember.. I'd ask again whenever I see the person. ..

lacicrips sorry for the misunderstanding. ..

greenhulk:
U are getting it wrong. I wasn't talking about videos when I said 720p display. It means the phone has a low resolution especially with the massive 5.5 inch screen. I mean who makes phones with 720p display in late 2015 and sells for 40-50k? A Chinese phone for that matter.

Anyway it's non of my business, but then I posted that comment because u said u love the HD screen. Wtf were u expecting a lower resolution? Any 5 inch plus phone with resolution lower than 1080p display in 2015 is a rip off, unless it is sold for less than 30k, or it better has something else that stands it out to warrant that price tag.

Also I don't watch 480p movies, they hurt my eyes. I have a library of about 250 movies, all HD. About 150 in 720p and another 100+ in 1080p. I even have a few in 3d.

sexaddict08:
.

if her time don reach, nothing like pity...

Akkord4gov:
I think I believe in these men small
Fashola,Amaechi,Ngige etc will definitely do their best cos they are in the best position to be our future president and VP and besides,we cannot forget the achievements of both Fasola and Amaechi
You may term them corrupt,but to be candid,if som1 like Jesus and Mohammed serve under GEJ,they will definitely be corrupt no matter what.
Just try it and ban police,soldiers and other security personnel and see how many of us will become thieves in a jiffy. It is because we are scared of being caught keep us from going extreme to get our wants

Fear of Kuje prison will also make these men to perform

ifewunmy:
Thanks all.....i guessed as much

omoharry:
dont mind him..they dont know that we like it moderate.big dick sucks.

vizier007:
read the story before the picture. .

picaso313:
08034477635 call me up so we can talk abt price n location if u interested

cbrass:
Wetin.. why you dey laugh on your own

chucky234:
Bsquared breed St. Bernard primarily but they just imported some lovely Caucasian to commence breed of Caucasian in Jos.
Tox Kennels and Petlove Kennels got even better Caucasian pups than what you are seeing here.

chucky234:
Seem the pups were adopted......mother and father unknown yet

akinladejo:
I have a dog named Bruno, he plays a lot even with strangers, what can I do to to make him wild and aggressive?

Nemie:
Sure... But be assured that ur account would not notice the debit