₦airaland Forum

Hello everyone. I would like your wise suggestions on this.

What offline business can one start with 20M in Nigeria?

You get better money


Go become distributorfor

Idomie

Perfetti

Semovita

Or rice packaging

criuze:
You get better money


Go become distributorfor

Idomie

Perfetti

Semovita

Or rice packaging

Thank you for the advice. I appreciate

Information Marketing

Ghostfaze:
Hello everyone. I would like your wise suggestions on this.

What offline business can one start with 20M in Nigeria?

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.

With just 4.8m naira, we will setup a small scale rice Milling business for you that can process 10 tons (10,000Kg) of quality and stone free rice per day.

You just make your space ready, and we will deliver the machinery:

✓Parboiler(1) [For Parboiling Paddy]

✓Dryer(1) [For Drying parboiled Paddy

✓Blower-Polisher(1) [For dehusking an polishing rice]

✓Destoner(1) [For removing stone or sands in rice]

✓Weighing scales(2) [For weighing products]

✓Bag sewing machine(1) [For sewing packaged rice]

We will also install, test run and train you and your staff.

To get a complete breakdown of all that is involved plus pictures of Machinery, please Visit:

https://planbiz.com.ng/rice-milling-service/

Or reach out via WhatsApp: 09022106607

Foodstuff business

FMCG

Importation

State of the art game center combined with POS and a bar / lounge.

Chemicals for production of cleaning agents