starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

debaj10:
You simply can't start a business a month before traveling.
If you need to spend the money, convert it to the currency you're going to need.
But to invest in Nigeria, land/property is your best bet-
Depending on where your mum is, buy a piece of land or an old building.
Make sure you get the c of o.
Name your mum in your WILL as the beneficiary; yes, get one made.
There are many templates online.
Also, register a company/business name and name her as the trustee/landlady of the property.
You can rent the land out for various things and Co-manage it with her, to meet her upkeep.
You can build, or repair/remodel the (old) property. Then rent to tenants- preferably businesses- thru a property management firm.
Most of what you need for repairs can be ordered online.
Get her a low-cost, used car and driver for her mobility.
Go with God.

Modified-
If she's too old or can't be bothered with the work involved, find a junior worker at your firm to bless with the opportunity to set up the above.
Avoid words like "trust or my person"-
Make sure everything is properly documented and signed by all parties.
Bless

starstunna1313:



Nah she is not too old 53… She is a tired Bank Manager and a lawyer. She actually gave me some suggestions but I want to do my things on my own and out of her shadows too. She is capable of managing it. I want something I built not from what they built for me.

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

Mannyemmy:


Firstly, it depends whether you want to startup the business either on a large or small scale. Howbeit, there are several suppliers you can buy from either in bulk for cheaper rate from oil gas and firm like Nipco or at retail price from several suppliers.

If you want to startup cooking gas business in Nigeria on large scale (wholesaler), getting a land for this business is very important. According to the requirements of the Department of Petrol Resources (DPR), the land you want to situate your gas plant must be at least 15 metres away from any building containing flammable materials. Make sure not to site your land close to residential building, filling stations, etc. this is in accordance with the DPR, so that you will be passed fit to commence the business.

The capital needed to startup this business on a large scale is about 10M - 15M. Your capital should cover the necessary equipment and materials needed to commence your cooking gas business so that the Department of Petroleum Resources (DPR) can access them and possibly grant you the license to commence your business.

So to answer your 3rd question accordingly, there is a license if you intend to startup the business on a large scale. In order to get licensed by the DPR to commence your gas cooking on a large scale, you will need to put everything in place first including registering your business with CAC. Thereafter, you approach the DPR to get a copy of the terms and conditions by which the DPR issues their operational license or you visit their website online so as to get the necessary details if you don not want to visit there in person.

That said, in order to get the DPR to license you to operate your cooking gas business in Nigeria, you will be required to get the permits listed below:

- Police Report
- Fire Planning Approval
- Town Planning Permit
- State Land and Physical Permit
- Department of Petroleum Resources License

NB: You can visit the Department of Petroleum Resources to know the steps on how to get various permits needed.

I will also advice you to get insurance for your cooking gas business.

As regards your 2nd question how its being sold, cooking gas is always sold it in terms of its mass. The major factor determining the volume of the cooking gas is its pressure and temperature.

As regards your last question, it can be stored for a very long time.

starstunna1313:


Can I call you over the phone

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

Dividus2savelif:
Do I hear u say your travelling outside the country? Hmmm anyway if your visa ID ready , just use the N15m build a storey building with 4 flats and sell after that's if your not staying long abroad. But if your staying long bro just buy dollar and keep in your account.

My chikili opinion

The guy above me u no dey sleep?

starstunna1313:


Boss Thanks. I will get back to you. You just killed me with so many business ideas and Jargons. I will go through your write up this night

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.
Change money to Euro or dollars buy euro bond. Inflation erodes longterm gains on investment here. God be with you.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time trying to venture into a business with such an amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to the front page

Guys thanks for the advice and ideas. The ones that sent me emails I do not know how to access. I have been checking my mail but I can not see them

easygoing3sq:


Are you travelling to the USA? if yes then let me know, I will tell you the business that will be profitable and you will also run from the USA to Nigeria and make your money without stories. You can also call me on the phone for further guidance.

SavageResponse:


What you need is someone who has practical knowledge of a particular business not theoretical knowledge of 50 businesses with zero hands-on experience!

No matter what never fully trust a Nigerian with your money, make sure you put in place strong controls before you let your money out of your sight

starstunna1313:


After so many consultations with my friend there is one real estate idea one brought up but I don’t know how true is it. So I’m looking for a renowned or honest realtor to confirm if such thing is obtainable

starstunna1313:


After so many consultations with my friend there is one real estate idea one brought up but I don’t know how true is it. So I’m looking for a renowned or honest realtor to confirm if such thing is obtainable

Hiwaat:


Hello ANJOLAOLUWA FAITH FOLAFOLUWA When are you sending me my money and how will you contact me when you want to send the money .

starstunna1313:



Guy get sense now. Do I know you from anywhere?!.. stop writing that nonsense on my mention please

Hiwaat:


Hmm Are you sure Jackson ? ��

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them

starstunna1313:
Good morning my fellow Nlanders… Please I have 18 million Naira which I mapped out for business investment. But I want to first of all invest 10-15 million Naira first and keep the remaining 3 million aside. But my major challenge now is which business or “lucrative” business I can invest in. Bearing in mind that I’m also leaving the country in a month time, I’m 31 and this is my first time of trying to venture in a business with such amount.
Please I need suggestions and advice.

Thanks in anticipation.

MOD: please push to front page

Guys thanks for the advice and ideas. The ones that sent me email I do not know how to access it. I have been checking my mail but I can not see them