When asked what the problem is, an average Nigerian will say money! Money! Money!.

In my opinion, I feel the dearth of ideas is as great a challenge as the lack of money it self. While one person may need a grant of NGN100,000 to kick start a life, another person with 10million naira will still come online asking for ideas on how to invest it. Many a people I have met who 'happened' upon money and all they succeeded in doing was buy cars, buy a plot of land and boom! They went back to being broke.

Unfortunately for me, I find myself in the second category. The only business I know is alternative energy, I wish to diversify and involve myself in other forms of investments. Anything outside online businesses like bitcoin and what have you.

So I ask a simple question, and I believe many Nigerians will benefit from your responses here;

If you are given a million naira for free, what exactly would you invest it on? How long do you expect a turn over, and what risks and challenges would you encounter?

play Brazil to qualify with 9 points. you money go either double or triple

I heard Lalasticlala is the man that moves stuff to front page or something.

chicoMX:
play Brazil to qualify with 9 points. you money go either double or triple

no Bro. Not this type of investment.

Invest in the transportation sector, return initial investment capital after 7 months and pay a 50% interest over the next 3 months. Sounds good??

1 million naira in 2018 is not what it used to be my people. this is for those wanting to invest in transportation with 1 million naira

bot101:
Invest in the transportation sector, return initial investment capital after 7 months and pay a 50% interest over the next 3 months. Sounds good??

what kind of vehicle can one million buy,
Where will the vehicle be stationed and what route will it run.

consultancy:
1 million naira in 2018 is not what it used to be my people. this is for those wanting to invest in transportation with 1 million naira

That's how you see it, but will definitely work. There'll be a lot of work to do on your part, especially with vehicle and drivers' management, and you must be willing to not touch proceeds generated within the first year of operation (means you must have alternative source of income to take care of yourself).

bot101:


That's how you see it, but will definitely work. There'll be a lot of work to do on your part, especially with vehicle and drivers' management, and you must be willing to not touch proceeds generated within the first year of operation (means you must have alternative source of income to take care of yourself).

i assume you are buyin bikes or keke?

feed my family

With 1m, I will invest heavily in advertisement and get more Nigerian youths to know about Q and A App. An App where they can download Job Test, Professional Questions and Answers and Career/Business Resources. Most of the Materials are FREE, while a few are paid and at affordable price. The idea is to make Q and A App the goto place for Useful educational and Career resources. Download Q and A App from Playstore

Its a long term project, we are already sourcing for Undergraduate Study materials across all Nigerian tertiary institutions and they will be available for FREE download despite that we are spending heavily to source them. We are not thinking of making profit anytime soon.

If you are a Lecturer and Author (Education,Business/Career Books), I strongly recommend you to review Q and A and adapt it as a platform to distribute and monitize your work.

WITH ONE MILLION NAIRA I WILL TRANSFORM THE LIFE OF BUHARI FOR GOOD

First as I no get job, I know there are two major things that sell no matter what. You can never go broke. Food and transport. If I have one millions naira, I will get myself tuce tuce bus or those small buses as they call it or keke marwa. People keep saying its not easy, the business is not good. Everyone keeps discouraging others from entering it yet you see new keke napep and tuce tuce buses everywhere. My friend got a bus. Those big buses. It plies ikotun to oshodi. A graduate from delsu. He sits mostly in front of the bus sometimes just to monitor the days job. They give him 10k daily. Sometimes they default but most of the time its 10k. Personally, I will buy keke. In a year plus I should be able to buy another one and gain from it before eventually giving it to the person. That's the only way I see people gaining from their transport. Especially keke. If you promise the driver that this keke will be urs in a year plus or two years, he will take care of it. Keke brings in average of 5k daily while tuce tuce is 7k daily. Depending on your area.

Nigeria is one of the worst places for a small startup right now. Many factors are against you
1. Low capital
2. High Taxation
3. Lack of infrastructure (power at the top of the list)
4. Stiff government policies
5. unhealthy competition

If I had a million naira, I will relocate to a better country where my future will be safeguarded. It might take a little struggling, but with hard work and dedication, overtime I will build a lasting future protected by good governance.

chicoMX:
play Brazil to qualify with 9 points. you money go either double or triple

WICKED

I will be eaten suya till the game is over.

koolguy88:
feed my family

Cos na only food dem con chop for this life abi

,

OPEN A BET9JA SHOP. dat is d surest biz I know for now.one yeye guy wey I BN know say shishi em no get go loan from bank open bet9ja shop 2016 november.now I no just dey understand em own transformation at all again..e too much.no come tell me say na another thing em do oo cos I sure for am say na d shops dey pay am.dude living sooo fine now..una no go understand.em don get like 5 shops wey dey pump give am moni.mind u wen i mean shop,i no mean one kiosk like dat,i mean standardly equipped wey be say wetin dey inside fit dey cost over 500k.I Neva see who open betting shop come later close up!!
if u don see Hala me cos me I still dey find am

I will dash you

Buy lunch

Give me the money first!

Just credit my account first, then I can give you the download.

charcoal business

Give me first

You will be surprise what will become of it in one year even God will be proud of me and say "well done good and faithful servant"

I would use part of it to play gamble and the other part to fvck ashewo.

Go Quilox go flex

When I wake up for my dream, then i carry out a systematic analysis of multiplying my fund 5 times within the space of one year using Sports bet.

After 1 year, I carry my 5 million ja go Canada.

Sense will not kee me

I came to read comments