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Business Plan: Akara (Bean Cake) Business In Nigeria (2026) - Business (3) - Nairaland

Nairaland Forum › Nairaland General › Business › Business Plan: Akara (Bean Cake) Business In Nigeria (2026) (11556 Views)

Poll: How often do you buy Akara?

At least weekly 55% (87 votes)
Never 44% (69 votes)
This poll has ended

1 2 3 Reply (Go Down)

Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by Heffalump(m): 10:23am On Jun 29
Tinubu plotted his second tenure the very day he was sworn into office 2023.

You think the continuous external borrowing is to make Nigeria better? He made sure the Chagouri Group handles some of the key and major projects in Nigeria, like the Lagos-Calabar coastal highway because the company was meant to sponsor his re-election. This is the reason why he made sure there is steady flow of finance via flimsy and questionable projects through external borrowing.

If you think Tinubu has any solution for Nigeria, wait until you receive the shocker. I don't know between him and Lucifer who has the throne of wickedness and manipulation. embarassed
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by Usmanovic95(m): 10:28am On Jun 29
delpee:
A lady who sought for help to start selling akara and mosa only requested for a coal stove. I suggested giving her a big frying pan. I also offered spoon and few other items. She didn't need much. She cooks within their premises early morning and late evening. No KAI worries. Her husband told me that she's now doing well selling that and pap. She was jobless with little education and no sellable skills.

That is the point Madam Remi is driving at. Indigent people start small. They don't need bogus business plans.

I read elsewhere that most of the loans to this category of people by Lapo and other microfinance banks range between 30-50k. They know how to manage it to grow their business.
I kind of admire how you arrive at your submission but the point is the women at the center of the whole controversy have not been in the business before so if you want to help them ,tell them to submit a quotation of what it will cost to set up the business ,it's not just about giving them money because you assume it should be enough for them to set up such venture. And in addition, most of these women have things they do, either other business venture or handwork , so why not empower them in their line of businesses instead of telling them to do something totally alien to them because you want them to micromanage resources?
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by JuanDeDios: 10:29am On Jun 29
Counterigbolies:
So u are telling me that poor woman selling akara at our junction is this rich?

So u are telling me that poor woman selling akara at our junction have 150k to do something?

Many of u just want to criticize, u ain't objective at all n that's y u will only remain as lousy opposition n no real impact
No mind am. I stopped reading when I saw the first line about a large commercial frying pan.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by ogolemati: 10:30am On Jun 29
Counterigbolies:
u are nothing but a clown

U come online talking thrash as if u have never seen a roadside akara seller before

So they have all the things u listed right?

Only clowns like u takes u serious
cheesy grin grin grin grin grin grin grin grin grin grin grin grin this one pain you well ooh,so na the renewed hope be this

Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by BATified2023: 10:50am On Jun 29
moscow007:
My bad, I've never responded to your mentions before, I thought for once u meant well for Nigeria, but somehow u've ignored all I said and returned back to ur petty politicking and propaganda.

Personally I don't care who's President, just get us out of this shit hole before 2030. If we fail to join the rest of the world by 2030 we will be dispensable (see Globalist 2030 agenda).

I don't care about ur silly politics and childish schemes.
silly politics?

See this one, so in a fight u will be the one to pick your opponent yourself right?

U want to play a team n u want to select their players for them, u are just another clown with internet access

Go to romance section abeg
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by BATified2023: 10:51am On Jun 29
shortgun:
grin grin grin
4 years in the university, 8 semesters, over 100 courses, countless assignments, projects and exams to earn a degree in Entrepreneurship and you expect me to give you all that hard earned knowledge for free.
Oga you'll have to pay ooh
it's obvious u have no answer

Armchair critic

Criticize everything n when u are asked of the solution, just tell them I won't say it.

U can only use that logic for kids
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by shortgun(m): 11:11am On Jun 29
BATified2023:
it's obvious u have no answer

Armchair critic

Criticize everything n when u are asked of the solution, just tell them I won't say it.

U can only use that logic for kids
Pay me first for my services and see wonders.

I'll not only tell you how to empower 1 widow but I'll tell you how to empower 10,000 widows in each state in Nigeria
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by BATified2023: 11:29am On Jun 29
shortgun:
Pay me first for my services and see wonders.

I'll not only tell you how to empower 1 widow but I'll tell you how to empower 10,000 widows in each state in Nigeria
mtcheeeew

Criticize n when asked of the solution, u go numb

Dey play
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by ncoolsome(m): 11:34am On Jun 29
With good positioning, quality, and hygiene, a small roadside operation can generate **₦8,000–₦30,000+ daily profit**,


This was where I stopped reading,is it the same roadside Kick Against Indiscipline (KAI) would scatter ? Oshiomole comes to mind
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by enemyofprogress: 11:57am On Jun 29
Mynd44 there is no time to waste. Let's start our own business. You'll take care of akara and kulinkuli, while I take care of agbado.

Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by geoworldedu: 12:20pm On Jun 29
delpee:
A lady who sought for help to start selling akara and mosa only requested for a coal stove. I suggested giving her a big frying pan. I also offered spoon and few other items. She didn't need much. She cooks within their premises early morning and late evening. No KAI worries. Her husband told me that she's now doing well selling that and pap. She was jobless with little education and no sellable skills.

That is the point Madam Remi is driving at. Indigent people start small. They don't need bogus business plans.

I read elsewhere that most of the loans to this category of people by Lapo and other microfinance banks range between 30-50k. They know how to manage it to grow their business.
Lienus Mba, twin brother of Lie Mohammed. People don't collect 50k from LAPO. At least 150k is what people now collect from them. Like... what do you want to buy with 50k? huh
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by tonididdy(m): 12:39pm On Jun 29
delpee:
A lady who sought for help to start selling akara and mosa only requested for a coal stove. I suggested giving her a big frying pan. I also offered spoon and few other items. She didn't need much. She cooks within their premises early morning and late evening. No KAI worries. Her husband told me that she's now doing well selling that and pap. She was jobless with little education and no sellable skills.

That is the point Madam Remi is driving at. Indigent people start small. They don't need bogus business plans.

I read elsewhere that most of the loans to this category of people by Lapo and other microfinance banks range between 30-50k. They know how to manage it to grow their business.
Your first Daughter will start off selling akara on the streets.
Say amen!

In saner climes people are taking loans to buy cars and build houses and repayment plans are even flexible for a cripple yet an unemployed individual

And your first lady is giving 30k loans for women and spinsters to start akara and corn business and you are cheering her up.

Your first daughter go fry akara buisness, just say amen! Otherwise you can never know what peace feels like
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by EmmyVOLTAGE: 12:55pm On Jun 29
Omo
No space again to set up my akara business. Belike I go leave akara own for unah go dey
Sell kuli-kuli instead

Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by pinkygurl(f): 12:58pm On Jun 29
NwaNimo1:
selling price 100naira

# Pricing Example


* ₦100 per piece
Akara 100 ke? I'd rather starve than shell out 100 naira for one akara in this Tinubulation. Iakara is 50naira in most places in Lagos. The only two 100 naiira per unit akara places I have seenso far in my environment, 50naira per unit competitors are simultaneously mounted adjacent to them to give person options.
The 100 naira places struggle with low customers turnout as 50 naira options are simultaneously close by.
Even in my locality at night suya time, a mallam aboki comes just to make night/evening akara one is 20naira , 5 pieces 100 naira.
I PERSONALLY WOULD IMMEDIATELY LOOK FOR ALTERNATIVES IF ONE AKARA IS 100 NAIRA EVERYWHERE. DEFINITELY NOT WORTH IT FOR 1/2 BASKET OF BEANS THAT IS ABOUT 2K-2K,500.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by franvincoop: 1:06pm On Jun 29
To counter him and show the whole nairaland that he is lying, can you do a business plan here on nairaland for 50k to start Akara business?


Counterigbolies:
I went through your post again n the price u quoted n things u listed n it's obvious u are deliberately mischievous

So u want to tell me the roadside akara seller u eat have all these n at these prices?

Umbrella
Shade
Wooden box
Kerosene reserve even after talking about 45k firewood?

Initial beans purchase
Pepper n onions
Groundnut oil

N u still add working capital?

This your bullshit is deliberate


The akara people we patronize here on the busy street of Lagos don't even have all these except u want to tell me u are talking about UK or USA


Cash box?
And u also talk about apron?

Transfer qr for akara person


U are just a clown
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by franvincoop: 1:08pm On Jun 29
Agreed, Chatgpt was really unnecessary.
Can you do a business plan here on nairaland for 50k to start Akara business?


Ttalk:
1. You don't need ChatGTP to write a business plan on roadside Akara business
2. There's dignity in labor
3. It is better to be a roadside Akara seller than becoming Evans
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by Kemetian: 1:30pm On Jun 29
Tammy2705:
guy with this analysis, am begining to think of this business, that woman saw something oo
Before nko?

Only lazy ones looking for office jobs that even pay peanuts will have a problem.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by jokotus: 1:45pm On Jun 29
Regardless of what the President's wife meant regarding small-scale businesses such as selling akara, many Nigerians find the statement insulting and disconnected from reality.
Today, millions of graduates are engaged in commercial motorcycle (okada) businesses and other menial jobs because suitable employment opportunities are unavailable. The very purpose of obtaining a degree has been undermined by the lack of jobs that match people's qualifications.
What happened to the industries that once provided employment? Why are many industries struggling or shutting down? Why is Nigeria's education system declining, producing graduates with various degrees but with little opportunity to apply their knowledge for meaningful national development?
With all these challenges, it is disappointing that the solution often highlighted by leaders is for people to engage in small businesses such as akara selling. While there is nothing wrong with entrepreneurship, citizens expect policies that create sustainable jobs, revive industries, and provide an environment where education translates into economic opportunities.
Furthermore, many women involved in small-scale trading face harassment and insecurity due to the conditions under which they operate. Their challenges deserve serious attention and support rather than statements that may appear to trivialize the broader economic difficulties facing the country.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by Holy2Glory: 1:58pm On Jun 29
Counterigbolies:
So u are telling me that poor woman selling akara at our junction is this rich?

So u are telling me that poor woman selling akara at our junction have 150k to do something?

Many of u just want to criticize, u ain't objective at all n that's y u will only remain as lousy opposition n no real impact
Are you the one paying their house rent and paying their children's school fees? Or have you looked your touch? Are you forgetting how much an ordinary goat room cost in Lagos? Are they not living inside houses? How can you a sane person now come out to ask some myopic questions as this? How much is 150k that they may not have?
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by LegendHero(m): 2:12pm On Jun 29
Kushites:
FANTASTIC POST.

Thank you for educating these SIMPLETONS we call Nigerian youths for whom ''FRYING AKARA'' means getting a small stool to sit on the roadside in rags, ''frying akara''.

No single thought of ''Can't I use my education to offer an UPGRADED service?"

A BRANDED service?

A yellow canopy with a flashy name emblazoned on it, yellow uniform, yellow cap, music in the background.

That alone can scale your immediate daily earnings TEN TIMES what that old woman selling akara earns.

Before you know it, you've opened a restaurant. And then another. And another... cool

In Nigeria you can get rich selling ANYTHING.

Once you package yourself.

It's an open secret. wink
Both of you don mezebu.

Una dey use ChatGPT draw business plan for Akara?
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by MrBONE2(m): 8:02pm On Jun 29
NwaNimo1:
1st) Brush up on your English and grammar......

2nd) Estimate what you can afford and start from there.....

3rd) Become a billionaire........by becoming a Politician!
Bwana, will also want Business plan for Abado flour cheesy

Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by delpee(f):
H
tonididdy:
Your first Daughter will start off selling akara on the streets.
Say amen!

In saner climes people are taking loans to buy cars and build houses and repayment plans are even flexible for a cripple yet an unemployed individual

And your first lady is giving 30k loans for women and spinsters to start akara and corn business and you are cheering her up.

Your first daughter go fry akara buisness, just say amen! Otherwise you can never know what peace feels like
My daughter is doing well, focus on your own life.

Curses won't help you. When it's unnecessary and undeserved, they bounce back.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by delpee(f): 3:56am On Jun 30
Usmanovic95:
I kind of admire how you arrive at your submission but the point is the women at the center of the whole controversy have not been in the business before so if you want to help them ,tell them to submit a quotation of what it will cost to set up the business ,it's not just about giving them money because you assume it should be enough for them to set up such venture. And in addition, most of these women have things they do, either other business venture or handwork , so why not empower them in their line of businesses instead of telling them to do something totally alien to them because you want them to micromanage resources?
I listened to the video. It was just a suggestion which is not binding.

I agree with you. Of course, petty traders will use it to boost their business instead of trying new ones. A tailor/barber for instance, can use it buy an additional tool to boost his business.
Re: Business Plan: Akara (Bean Cake) Business In Nigeria (2026) by delpee(f): 3:59am On Jun 30
kelechi50:
please from your last paragraph, I have not seen any woman that collected 30-50k loan and manage it to grow as you said, rather it leads them to penury.

The era of those women patronizing lapo and co, is over because of the situation they go through to pay back.
Honestly, I've seen people start small and grow big. It all depends on one's circumstances and the knowledge of the business.
1 2 3 Reply

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