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Nairaland Forum / Nairaland / General / Business / What Business Or Investment Can I Go Into With 1millon Naira? (49573 Views)
Pls What Business Can I Start With 1millon / What Kind Of Investment Can I Do With 500k And Make 5k A Day / I Have 30k-40k As A Student, What Business/Investment Can I Start? (2) (3) (4)
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Re: What Business Or Investment Can I Go Into With 1millon Naira? by dsams: 12:02pm On Jun 05, 2018 |
if you do all the business that will be recommended plus everything you need to do the business effectively and get your ROI altogether you won't spend up to #150,000 then keep the remaining part of the money. be wise! to get the recommended business contact me via se89066@gmail.com |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by ponti93(m): 12:04pm On Jun 05, 2018 |
Viruscod3d:really... Just really |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by VanBommel(m): 12:05pm On Jun 05, 2018 |
Mcquine:go to australia, finland, norway.....those cool european countries 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by tonero230(m): 12:06pm On Jun 05, 2018 |
Flamezzz: Be specific.Got land or what? |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Yungmilio2(m): 12:28pm On Jun 05, 2018 |
adetoroamos:Can you explain more. I’ve a friend who intend to set up a printing press with-about 5M If you’re more experienced in the printing field you can share some of your knowledge |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by jmichael259(m): 12:53pm On Jun 05, 2018 |
jibolarazor: Go into town very close university, poly or besides a popular extra mural centre or along a popular road students pass in crowds to and fro. Rent a space, buy 4.5kva generator, one big OX fan (or a/c), 6 televisions, four ps3 and two ps4 game consoles. Start making average 18k daily for a very slow start. If you need more add any or all of Snooker table, Betting and viewing centre. Start Raking in huge amount of legit money 2)Shawarma 3)phone and system accesories 4)Barbers shop with more than 4 workers for big boys 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by anigbajumo(m): 1:13pm On Jun 05, 2018 |
adebayo3449: Send PM to me |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by obc: 1:14pm On Jun 05, 2018 |
A lot are involved. Ranging from getting land, the approvals (which is hardly or not granted to stand alone skids). You can only secure approval if you are building LPG plant of more than 10,000ltrs ie 5tons as a stand alone. However, a 10,000ltrs ie 5tons can be located in a fuel station. LPG business is lucrative but requires a lot of commitment and mastery. Straight to your question, you can comfortably set up a 2.5ton ie 5000ltrs LPG skid at a cost little above 3.5 million naira. But you must know how to navigate. If you go through agents or "over sabi" expatriates, you will spend higher than the above. Guitarist76: |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by sulaimon22: 1:49pm On Jun 05, 2018 |
TurboBuilder: tnx bro |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Guitarist76(m): 2:11pm On Jun 05, 2018 |
obc: I appreciate your response. You mentionee that one can only secure approval if the skid is more than 10,000 liters. Does this mean 10,000 liters can also secure approval? Or it must strictly be above 10,000? I will appreciate your response. Thanks. |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Nobody: 2:23pm On Jun 05, 2018 |
VanBommel: With 1m?? Bros throw more light abeg. This country don tire me. |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Tex42(m): 2:26pm On Jun 05, 2018 |
Hmm! Interesting thread. Following... |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by nairaimporter: 2:36pm On Jun 05, 2018 |
[quote author=sammylink post=68185030][/quote] You think that a borrower will go through this stress for a loan of 10k? 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by freshlaw: 2:53pm On Jun 05, 2018 |
Trexnemesis: Chai. I don laff taya |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by obc: 2:56pm On Jun 05, 2018 |
Approval will not be required for 10,000ltrs located in a fuel station, rather a add-on will be issued by DPR. DPR hardly or do not issue approval for a stand alone 10,000ltrs LPG skid. Guitarist76: |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Guitarist76(m): 3:21pm On Jun 05, 2018 |
obc: Okay. What would you advise someone who wants to set up a 10,000 liters skid but not within a filling station? This is assuming the person is not able to find a filling station to partner with. Whole ị was reading your thread, you mentioned you had issues with approval, etc. But I didn't see where you resolved or how you resolved the issue. Would you mind elaborating? Please. |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by TurboBuilder(m): 3:23pm On Jun 05, 2018 |
sulaimon22: Anytime bro |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by datimogal(f): 3:32pm On Jun 05, 2018 |
adebayo3449:2million is OK for a start as time goes on and it doesn't have a specific price to sell. it depends on how you negotiate with a customer. sometimes I sell upto 4m in a month and the profit is WOW 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by obc: 4:08pm On Jun 05, 2018 |
I sold the skid unit at some point. I was not comfortable running with incomplete documentation and approvals hence my decision. If you can't get a fuel station to partner with, I advise you save money and set up 20,000ltrs or more otherwise look for other businesses. Except if you are willing to face the consequences should any fire incident arise. That said, there are many outlets out there operating without approvals because some of the agencies have been compromised one way or the other. Each time they come for inspection, money will exchange hand and your business continues. Note this is just my opinion, you can seek advise from others. Its not in my nature to deceive or paint the truth. Guitarist76: 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Guitarist76(m): 4:17pm On Jun 05, 2018 |
obc: Thanks for your response. My last set of questions: 1. Does it mean that with approval, I won't be held liable if there is a case of fire incidence? Please elaborate. 2. Do you have an idea how much the 20,000 liters skid cost? |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by obc: 4:27pm On Jun 05, 2018 |
Answers: 1.Should there be fire incident, you will be held liable off course but your case might not be as severe as one without approvals. 2. I have no price idea for 10tons except I enquire as the market price of the materials are not stable. Guitarist76: 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Guitarist76(m): 5:08pm On Jun 05, 2018 |
obc: Alright, thanks. |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Truth801(m): 6:23pm On Jun 05, 2018 |
yipata:I'm interested. How can I contact you ? |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by korban3134(m): 6:32pm On Jun 05, 2018 |
@ynotsadeek Please hook me up WhatsApp/telegram 08038708318 1 Like |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by funnynation(m): 6:58pm On Jun 05, 2018 |
This is what am talking about. Look at their daily percentage stats. Chat me on watsapp *A simply analysis of how u get paid in the different packages..���* 1⃣ *FOR CRYPTO INVESTMENT* Minimum investment is 50K Maximum Investment is 1M *50K..........EARN 2K DAILY* *100K........EARN 4K DAILY* *200K.......EARN 8K DAILY* *300K.......EARN 12K DAILY* *400K.......EARN 16K DAILY* *500K.......EARN 20K DAILY* *1MILLION ......EARN 40K DAILY* ALL THE ABOVE U EARN IT for 60 DAYS 2⃣ *PETROL INVESTMENT* Minimum investment is 20K Maximum Investment is 300K *20K......EARN 600# daily* *40k.....EARN 1200 DAILY* *60K......EARN 1,800 DAILY* *80K......EARN 2,400 DAILY* *100K.....EARN 3K DAILY* *200K....EARN 6K DAILY* *300K.....EARN 9K DAILY* U EARN ALL for 90 DAYS 3⃣ *TRANSPORT INVESTMENT* Minimum investment is 5K Maximum investment is 200K *5K......EARN 100# DAILY* *10K.....EARN 200#DAILY* *20K....EARN 400#DAILY* *30K.....EARN 600#DAILY* *40K.....EARN 800#DAILY* *50K.....EARN 1K DAILY* *100K.....EARN 2K DAILY* U EARN FOR 100 DAYS 2 Shares
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Re: What Business Or Investment Can I Go Into With 1millon Naira? by africanman85: 7:09pm On Jun 05, 2018 |
datimogal:I am interested in this business. Can't 1m start it ? Wat are the procedures for starting the business ? |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by ottidex(m): 7:48pm On Jun 05, 2018 |
[quote author=kennykg post=68182387]Take a trip to the agric thread you would see alot of demands for agrictural produce like soyabeans, charcoal, moringa, cashew nuts, supply of fresh cassava to companies and co but guess what? most cant meet up cant meet up cause the buyer would only pay on deliver and they dont have the capital to.. You just ave to find a trust worthy or risk worthy one to partner with as a passive or active investor. If I have the links ? Yes If it's Free? No If am trust worthy ? You decide You still need to explain more.. Why will companies not be able to pay for their goods? |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Ugosample(m): 8:10pm On Jun 05, 2018 |
Born2Breed:Ashock o I wonder what many Nigerians consider to be business |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Nobody: 8:17pm On Jun 05, 2018 |
olujastro:baba go sit down, na MMM junior brother b that winthrills of a thing |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by klassd(m): 8:47pm On Jun 05, 2018 |
funnynation:Bro please put me through I will like to invest in petroleum biz |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by Odmic2839(m): 9:29pm On Jun 05, 2018 |
obc:lol, continue bro. I got no time to argue with you. Wait till you have any fixed amount of your own to do it |
Re: What Business Or Investment Can I Go Into With 1millon Naira? by funnynation(m): 9:53pm On Jun 05, 2018 |
klassd: Chat me on watsap |
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