ComputipsTech:
I would also suggest 10,000 from 100,000 people.. The lesser the better... It would be easier to manage and we have hundreds of thousands less pessimist.

1 a day from 100 million nko. 36 billion per year. Enough to build micro industrial parks with power plants.

tuege:


Okay, well suggested.
For starters, how do we pull this small number of people together? The game is starting soon.

start small
500k for fishpond
Then grow as more ppl show interest every six months

Greenarrow01:
lol, this o.p is joking.
first of all 1B will neva build a university, a refinery or Atlantic city. not even 5 billion.
2. should you manage to build a glorified secondary sch or an estate. u might not hit profit within short period. a university might not even hit it break point for as much as 20years, where you will jst kip on pumping more funds.
1million people will never have d patient to kip investing or wait for 30yrs before hitting profit. nigetians are not patient. even thou dey invested 1k only..dey will b claiming ownership to d business.
3. corruption. if d o.p is not a crook, his subordinates will b. this 9ja. for 1million people you will have 1000 managers and at least 500 people will b working in relation to d project. it is not possible for half of the to b truthful.
4. our govt. will not allow u. licenses and permits will jst weaken u
5 business no b for mouth. you must have d technical know how. I will not invest 1k with a nairalander o.p who I feel lack d skills and cannot deliver under presure. Buhari don teach me sense.. I doubt if d o.p has handled or overseen an organisation of over 500persons before. dnt tell me u re st bathlomews schools headboy before biko. I haven't either and I am not discouraging pls. I am jst been truthful. but if u manage to do it..thor

the problem with 9ja is not even its citizens...but d govt. dia policies and it's made men.
how on earth will dangote not be organising entrepreneurship competition. in sane countries u must b contributing to its citizens development. big thumps up to tony elumelu.

then how did companies on stock exchange do it. How did Mmm do it.

Greenarrow01:
lol, this o.p is joking.
first of all 1B will neva build a university, a refinery or Atlantic city. not even 5 billion.
2. should you manage to build a glorified secondary sch or an estate. u might not hit profit within short period. a university might not even hit it break point for as much as 20years, where you will jst kip on pumping more funds.
1million people will never have d patient to kip investing or wait for 30yrs before hitting profit. nigetians are not patient. even thou dey invested 1k only..dey will b claiming ownership to d business.
3. corruption. if d o.p is not a crook, his subordinates will b. this 9ja. for 1million people you will have 1000 managers and at least 500 people will b working in relation to d project. it is not possible for half of the to b truthful.
4. our govt. will not allow u. licenses and permits will jst weaken u
5 business no b for mouth. you must have d technical know how. I will not invest 1k with a nairalander o.p who I feel lack d skills and cannot deliver under presure. Buhari don teach me sense.. I doubt if d o.p has handled or overseen an organisation of over 500persons before. dnt tell me u re st bathlomews schools headboy before biko. I haven't either and I am not discouraging pls. I am jst been truthful. but if u manage to do it..thor

the problem with 9ja is not even its citizens...but d govt. dia policies and it's made men.
how on earth will dangote not be organising entrepreneurship competition. in sane countries u must b contributing to its citizens development. big thumps up to tony elumelu.

start small, we import over ($1billion) #300 billion of rice, sugar, wheat flour, refined petroleum(dangote got license o), fish, and we have started importing yam meat and beans. Which license do you need for these. That's almost 2 trillion GDP imported.

Once you have that kind of money, which license can't you get in Nigeria with all the hungry senators.?

Start small, grow into full blown multi billion dollar, dollar not Naira industrial parks

Will it be easy, no
Is it possible, hell yeah

Just need the right leadership. Bold Visionary

onlyme07:
As much as I will like to join the group for this laudable idea,I think the population is kinda large to manage due to suggestions and inputs that will be coming from different quarters which must be considered and might create issues.

However,if the population can be managed,it will be better if it we have members per state who will meet and discuss further.

1billion is no small money. Pls,Op,I hope it will work out and other Nigerians will adopt the strategy for a better Nigeria.

See you @ the other side.

Thanks sir for your interest

blaze612:
@Op am soo much interested in this idea. will make more sense if we can reduce the number to 50,000 people , 20k per head x 50,000=1b or 50k per head x 20,000 = 1b , 100k perhead x 10,000= 1b. the lesser in number the better, serious individuals will be interested. invest it in Real estate, 5star hotel, hospital, industries, factories, etc . We can actualize it if mind like individuals reason together,
(Been nursing this your idea for over a long time)
I am willing and ready to invest my token.

it takes 20 years to get your money back from real estate unless it's an industrial park. Who hotel epp

afrimerch:


You are the one who is an idiot, we all know how quick nigerians are to rush into opportunities like this,i came up with the mini importation idea, and i suggested that its a great opportunity to purchase a guide and course on learning the business, i suggested we buy it,nobody responded omo i was like so a gathering of ppl willing to invest 20k cannot even respond to contributing 1k each, they want to raise one billion.

Broke as niggas cannot spend one k on a simple ifea want to contribute billions, the op and you are not serious

na wa o. Na by force to import. We're talking production you are talking consumption. Who import epp. Don't you know you're exporting jobs. And besides you're the minority, why do you think you can force yourself on majority.?

afrimerch:


I never asked for them.to give me 10k, i said let someone collect the 10k and buy the course so we will all hv access to it

why not buy it and share it since you're not a broke ass

Aragon:
Great Ideal and lots of nice suggestions Though I think the 1 million people that has been reduced to about 100k people should also reflect here.. People always wait to see if stuff like this is truly possible before they can Jump in. My advice is to keep this Thread going and from here people can Migrate to the Telegram. Finally I suggest the group should Strike out all that Oil and Refinery Talk from the Telegram Page and put something esle cos stuff like that can put somebody life me off.... There are some good suggestions here already. I think we should look at Agriculture / Food... Things that people will always need. I am very much ready

what put you off will interest others. We all have ideas. If you don't like their ideas go and form your own, simple.that's why we have different churches and Telecom companies

Aragon:
Great Ideal and lots of nice suggestions Though I think the 1 million people that has been reduced to about 100k people should also reflect here.. People always wait to see if stuff like this is truly possible before they can Jump in. My advice is to keep this Thread going and from here people can Migrate to the Telegram. Finally I suggest the group should Strike out all that Oil and Refinery Talk from the Telegram Page and put something esle cos stuff like that can put somebody life me off.... There are some good suggestions here already. I think we should look at Agriculture / Food... Things that people will always need. I am very much ready

Thanks for your observations sir.
They are noted and shall be worked upon.

tuege:
What we intend to raise is peanut compared to the monies that we see on pages of newspapers as looted, recovered and relooted funds. The money that was discovered in the Ikoyi mansion was kept by a human being and disowned by the so-called human being.
How much was it again? So much $$$$ in one person's care, My God!!
Sometimes, it's even kept in a bank in another man's country for as long as life can give. What are we doing to ourselves? Some even argue over this party being better than the other parties. What is a party without a man? Give us workable solutions and they will tell you N-slave, sorry N-Power is the way forward.
This guy's don't think about us, infact, they don't know that people are struggling and suffering to be alive. I was to an interview on AIT's Focus Nigeria, Gbenga Aruleba was the anchor where I heard about all the problems that has engulfed Ajaokuta steel. My submission was that Ajaokuta steel business was dead and buried. If that kind of business was handed over to local people without government interference, would it not have survived and profited the locals and anyone connected to it?
We are now saying let's run our own truly local multi-billion naira business and you want to question if it will work because you are not confident of yourself, well think again. We can make it work if only you can be a part of this revolution towards doing the impossible, the unimaginable, the unattainable by a contributing a small token which is nothing but massive when pulled together.
The power is in the crowd, think about it.
We are asking you to join us in this simple, easy and achievable cooperative group where we are raising billions of naira to do what the government cannot and will not do for Nigerians. Don't worry about how it's going to work but what we can achieve in saving ourselves from the self-destruct mode we have programmed our lives to accept.
Our telegram group needs your signature to succeed. Search for BillionNairaProject or look below in my signature, click the link to enter. All the best.

we shouldn't worry how it will work abi? So that some ppl can hammer like mmm. A fool and his money are soon parted. The founders have to find magas or first prove themselves with a smaller project. Or do you think ppl just cuz shares from strangers?

kunlef1:
Why not real estate to start with. Then the profit can be invested in other businesses such as agriculture or manufacturing.

This is how I think it can work:

N1 billion can construct:

100 units of 3-Bedroom bungalows at 10 million each (terrace or semi-detached); or
40 units of 3-Bedroom Semi-Detached Duplexes @ 25 million naira each

The above prices already includes the land prices and considers fairly good location in a city like Lagos and decent finishes for the buildings.

These could be easily sold to working class people who would make installment payment over 5 - 10 years, with interests. The building would not belong to the occupant until the payment and interests are paid in full. If the purchaser defaults, they would loose most of the money already paid. Hence, minimal risks to the investors.

In addition to savings or discounts from bulk purchase of materials, profit would easily be made from the interests that would have been paid by purchasers if they were to be paying to the bank. With current bank interest rates above 20% per annum, that on its own is good cash flow for the investors. Also, the value of the properties un-sold would appreciate with time.

Skye Shelter Fund (By Skye Bank) raised only about N2 billion (I stand to be corrected) in their IPO to invest on properties to be sold and rented, and they have consistently been paying dividends of between 5 and 10 % annually since a year after. So, I don't see why a co-operative focused on real estate investment, and less overhead cannot achieve the same feat.

5% real estate Vs 100 to 400% agric. Hmm I wonder which one sounds rational

Cromagnon:
then how did companies on stock exchange do it. How did Mmm do it.

biko this is business not mmm
business is full of risk..it doesn't pay in short time and can even fail.
mmm is a get rich quick

Cromagnon:
start small, we import over ($1billion) #300 billion of rice, sugar, wheat flour, refined petroleum(dangote got license o), fish, and we have started importing yam meat and beans. Which license do you need for these. That's almost 2 trillion GDP imported.

Once you have that kind of money, which license can't you get in Nigeria with all the hungry senators.?

Start small, grow into full blown multi billion dollar, dollar not Naira industrial parks

Will it be easy, no
Is it possible, hell yeah

Just need the right leadership. Bold Visionary

broda
look at what u re saying... imagine,
u saying u import fish..bla bla bla..
custom nko ooh..dos are banned stuffs


export yam.beans to most countries in europe is not yet possible.
our products are so full of inorganic materials most are on ban. e.g beans.
you kno hear say dem return yam.wey govt package?
pls dnt get me wrong. I am not discouraging u.
this will only be possible if people are like less than 100
of same mind and willing to take risk and wait.

I hope you do understand.
it will be best if it a one man business

Cromagnon:
but Mmm was serious abi? Naysayer

Lol fountain of motivation oya pay your 1k to him na!
You have a brain use it!! Is that too much to ask?

encrypt:

Lol fountain of motivation oya pay your 1k to him na!
You have a brain use it!! Is that too much to ask?

whether you or I pay will not stop the desperate or the ignorant from buying. Out of 180 million you must see 90 million maga

Cromagnon:
whether you or I pay will not stop the desperate or the ignorant from buying. Out of 180 million you must see 90 million maga

Seems you only came in when the post was already modified. He wanted to raise 1billion from 1million people..You can't just get 1 million people to give you 1k because you asked nicely. You referenced MMM do you think MMM was shabbily planned?? Do you know how much they spent on ads across various platforms before they started getting people on the platform and don't forget they got the numbers from word of mouth from "successful" users. Here you are talking about raising a billion from 1 million people...how do you bring them together? What guarantee would you offer them..how long would their investment take to yield returns?
I am not against big ideas but at least make it sound logical to anybody you are pitching to!
Rather then give 1k to a bunch of guys who are yet to decide what to invest in let alone when i would get a return i would but a PLR ebook redesign it and run ads on facebook to sell it to a targeted audience and get 100X what it cost me to buy the ebook in two weeks!

The world has evolved more than all this crap!

Greenarrow01:



broda
look at what u re saying... imagine,
u saying u import fish..bla bla bla..
custom nko ooh..dos are banned stuffs
press to edit & lock

Don't understand this statement

Long press to edit & lock



export yam.beans to most countries in europe is not yet possible.

Export ke
When we can't even feed ourselves?
[qoute]

our products are so full of inorganic materials most are on ban. e.g beans.
you kno hear say dem return yam.wey govt package?
pls dnt get me wrong. I am not discouraging u.
this will only be possible if people are like less than 100
of same mind and willing to take risk and wait.

[/quote]

I hope you do understand.
it will be best if it a one man business

no I don't
Please explain in full
The one man doesn't have capital but the cooperative does.
Abi gmwtmamw one-man can raise 10 to 80 million for tractor

encrypt:

Seems you only came in when the post was already modified. He wanted to raise 1billion from 1million people..You can't just get 1 million people to give you 1k because you asked nicely. You referenced MMM do you think MMM was shabbily planned?? Do you know how much they spent on ads across various platforms before they started getting people on the platform and don't forget they got the numbers from word of mouth from "successful" users. Here you are talking about raising a billion from 1 million people...how do you bring them together? What guarantee would you offer them..hAow long would their investment take to yield returns?
I am not against big ideas but at least make it sound logical to anybody you are pitching to!
Rather then give 1k to a bunch of guys who are yet to decide what to invest in let alone when i would get a return i would but a PLR ebook redesign it and run ads on facebook to sell it to a targeted audience and get 100X what it cost me to buy the ebook in two weeks!

The world has evolved more than all this crap!

I know this
You know this
But knowing usually keeps you inside the box
Not being bogged down by details allows dreamers to achieve more than knowers who allow knowing to hold them captive
But all ideas start somewhere
Depending on their dedicationthey will tackle these problems as they come up

point is if mmm could do it so can 'we '

Cromagnon:
but Mmm got millions. First bank has a million plus shareholders. Stop thinking small

A stranger and nairaland VS Firstbank established in 1894.

haba bros...

Next stage loading...... Get in now

bestspoke:


A stranger and nairaland VS Firstbank established in 1894.

haba bros...

As in eh..The comparisons this guy is making is just laughable how will you say how did mmm do it? Do you think mmm gathered 1 million people and asked them to exchange money.
How did first bank do it?
Like he just sounds very ridiculous. Comparing Yam and meat!
To compare two things or scenarios there has to be done common ground.
You can't just tell people to donate money without a laid down plan of what you plan on doing.
Raising money isn't that hard..
People raise money everyday on gofundme!
You wanna know how?
They ask in a way that speaks to the charitable part of the listener.
I wouldn't have even returned to this thread if he never referred to me as a nay Sayer...
Dream big by all means but you need to be awake to reach those dreams!
There's no shortcut to getting rich

This is the best idea I have heard in my whole life. I'm unable to find the Telegram app in the Windows store, so I may have to post two very salient questions here. Please reply; I am certain some people may be concerned too.

1. Who is allowed access to contributed funds? Being a crowd venture, I foresee management of funds to be a hurdle we will have to leap over.

2. At what level of government do we seek "compromises" on policies and what do we offer in exchange? To set up a multi million naira factory in any location, you would need to curry favour from the government (e.g tax breaks, free land, etc). What then do we offer them?

Cc: tuege, julivas, Aragon

iamadonis2:
This is the best idea I have heard in my whole life. I'm unable to find the Telegram app in the Windows store, so I may have to post two very salient questions here. Please reply; I am certain some people may be concerned too.

1. Who is allowed access to contributed funds? Being a crowd venture, I foresee management of funds to be a hurdle we will have to leap over.

2. At what level of government do we seek "compromises" on policies and what do we offer in exchange? To set up a multi million naira factory in any location, you would need to curry favour from the government (e.g tax breaks, free land, etc). What then do we offer them?

Cc: tuege, julivas, Aragon

A lot of this has been discussed on the Group, if you cant find the Teligram App maybe you can join the Whatsapp group, pls check the OP's Signature...we need minds like yours

iamadonis2:
This is the best idea I have heard in my whole life. I'm unable to find the Telegram app in the Windows store, so I may have to post two very salient questions here. Please reply; I am certain some people may be concerned too.

1. Who is allowed access to contributed funds? Being a crowd venture, I foresee management of funds to be a hurdle we will have to leap over.

2. At what level of government do we seek "compromises" on policies and what do we offer in exchange? To set up a multi million naira factory in any location, you would need to curry favour from the government (e.g tax breaks, free land, etc). What then do we offer them?

Cc: tuege, julivas, Aragon

[11/28, 10:34 AM] BillionNairaProject.com: Someone provided a Telegram link to windows phone issue on one of the pages on our Nairaland thread.
[11/28, 10:35 AM] BillionNairaProject.com: The Billion Naira Project is a co-op society registered with the government agencies.
[11/28, 10:37 AM] BillionNairaProject.com: We are operating the reverse format of co-op society by receiving funds from Investors for a collective project
[11/28, 10:38 AM] BillionNairaProject.com: We do not provide loans or assist in funding individual members project
[11/28, 10:44 AM] BillionNairaProject.com: As a co-op society, we are exempted from taxes and related payments
[11/28, 10:46 AM] BillionNairaProject.com: Just like you are being given a loan of N10000 from a co-op society to run a business of your choice and repay in 6-12 months.
[11/28, 10:47 AM] BillionNairaProject.com: Now looking at today's Nigeria, what can N10000 business profit you?
[11/28, 10:48 AM] BillionNairaProject.com: So we decided to reverse the formula by calling on people to invest a token of between N10000 and N100000 as the case may be for a business venture we have analysed it workability
[11/28, 10:49 AM] BillionNairaProject.com: The business in focus is to setup a modern slaughter house to Process packed and frozen chicken.

I couldn’t connect via iPhone. I must commend the thoughtfulness of the poster and I understand the concerns of some guys too.
I think we should increase the stakes to min of 100-200,000 (this will minimize the number of unnecessary squabbles and attract investment minded people).
I think we should approach private portfolio managers to organize the funds and get the paper work ready (this will also boost the trust level and eliminate fraud in the management of the fund)
We have to invest in high yield, high interest businesses. The primary aim has to be high ROI for the investors. We can minimize risk exposure by investing in already established businesses.
We can also get advise from our portfolio managers for the right business for crowdfund.

We can try:
Regional distributorship for Nigeria breweries or international distillers
Dealership for Dangote sugar/salt
Distributorship for Indomie
Bulk purchase/sellers for NLNG
Part purchase of existing and thriving businesses

There’s so much that 1-2 billion naira can do.

iamadonis2:
This is the best idea I have heard in my whole life. I'm unable to find the Telegram app in the Windows store, so I may have to post two very salient questions here. Please reply; I am certain some people may be concerned too.

1. Who is allowed access to contributed funds? Being a crowd venture, I foresee management of funds to be a hurdle we will have to leap over.

2. At what level of government do we seek "compromises" on policies and what do we offer in exchange? To set up a multi million naira factory in any location, you would need to curry favour from the government (e.g tax breaks, free land, etc). What then do we offer them?

Cc: tuege, julivas, Aragon

Sir, I hoped you are satisfied with the answer, if not kindly whatsapp op. Thanks.

Julivas:


Sir, I hoped you are satisfied with the answer, if not kindly whatsapp op. Thanks.

The response was communicated to you on Whatsapp. Thank you.

Julivas:


Sir, I hoped you are satisfied with the answer, if not kindly whatsapp op. Thanks.

I am. Thank you very much.

the Billion Naira Project - How it works

BNP is an agro-tech program that provides every single Nigerian the opportunity to participate in Agro-related businesses by becoming an investor.

We use the investor’s funds to secure the land, procure equipment/machineries, engage the farmers/workers, insure the farmers and farm produce, sell the harvest/products and then pay the investors a Return On their Investment.

While this farm/business process is ongoing, investors are able to keep track of the business full-cycle by getting updates in text, pictures and videos.

To increase awareness, please invite someone by sharing this information to friends and family.

Join other investors on our telegram group to know more.
https:///billionnairaproject

Things are now getting shape so quickly. .... Bravo to all contributors. You too can be part of it, join through the op's signature