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Please Advice. - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentPlease Advice. (530 Views)

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Please Advice. by redcross(op): 2:44pm On Jul 11, 2020
What is the best business a Returnee from Abroad can invest in Nigeria??


A very good cash flowing Business.($50k available)

Thank you.
Re: Please Advice. by dogtails(m): 2:47pm On Jul 11, 2020
MBA Forex
Re: Please Advice. by Ladylite: 2:48pm On Jul 11, 2020
redcross:
What is the best business a Returnee from Abroad can invest in Nigeria??


A very good cash flowing Business.($50k available)

Thank you.
Real Estate
Agro-Tech
Transportation
Mining gemstone
Re: Please Advice. by ChybuzzDD(m): 4:06pm On Jul 11, 2020
redcross:
What is the best business a Returnee from Abroad can invest in Nigeria??


A very good cash flowing Business.($50k available)

Thank you.
This depends on what you already have experience in.
What's your profession or skill?
Which work have you been engaging in abroad?
You can easily establish and expand same in Nigeria if there's any.
Many Nigerians will patronize you more due to your abroad experience.
Re: Please Advice. by redcross(op): 4:09pm On Jul 11, 2020
ChybuzzDD:
This depends on what you already have experience in.
What's your profession or skill?
Which work have you been engaging in abroad?
You can easily establish and expand same in Nigeria if there's any.
Many Nigerians will patronize you more due to your abroad experience.
I do a retail abroad a franchise with 7-11 Stores but the retail BUSINESS in Nigeria is too saturated already.
Re: Please Advice. by redcross(op): 4:10pm On Jul 11, 2020
Ladylite:
Real Estate
Agro-Tech
Transportation
Mining gemstone
Examples of Agro Tech PLEASEhuh

Transportation:How do i avoid driver wahala?
Re: Please Advice. by Ladylite: 4:40pm On Jul 11, 2020
redcross:
Examples of Agro Tech PLEASEhuh

Transportation:How do i avoid driver wahala?
This is an example of the one am doing.

Do your own research on agrotech farms online and make sure they are insured.

As for transportation, a lawyer is meant to handle the driver for you.
Re: Please Advice. by Fxmanager(m): 8:35pm On Jul 11, 2020
redcross:
What is the best business a Returnee from Abroad can invest in Nigeria??


A very good cash flowing Business.($50k available)

Thank you.
Visit the link below to educate yourself before falling a victim to any scam/ponzi scheme

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting
Re: Please Advice. by ChybuzzDD(m): 8:50pm On Jul 11, 2020
Fxmanager:
Visit the link below to educate yourself before falling a victim to any scam/ponzi scheme

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting
You're everywhere sending rubbish, and indirectly advertising your own ponzi/scamming scheme.
How come you can give 5-15% monthly and the others you're condemning cannot do it??
You're a ponzi operator condemning your colleagues to gain acceptance.
Re: Please Advice. by Nedlog01(m): 9:14pm On Jul 11, 2020
There is now a platform created to support and grow agricultural and food related brands. It is called The Chicken Farm. It is a site that connects buyers and sellers of chicken products. Products including: Poultry, Fast Food, Equipment, Manure, Feed etc can all be sold and bought on the site as long as they relate to chicken. Register with: www.thechickenfarm.com.ng/register/TCU20GOL4. It's all free.
It's for those in Nigeria.
Re: Please Advice. by Fxmanager(m): 9:58pm On Jul 11, 2020
ChybuzzDD:
You're everywhere sending rubbish, and indirectly advertising your own ponzi/scamming scheme.
How come you can give 5-15% monthly and the others you're condemning cannot do it??
You're a ponzi operator condemning your colleagues to gain acceptance.
Any legitimate forex company should be trading the forex market using a government licensed, regulated, periodically monitored and audited forex broker, and such forex company should be able to show proof about this.

Any legitimate forex company should name and put the name of the government and government regulatory body regulating its preferred broker, used in offering its investment service on its website, with a link to the government regulatory body website or a direction to where the investors can verify about the broker's government licensed and regulatory status, and the investors should also verify that the website is actually the government regulatory body's website, as a scam investment company can go as far as building their own fake government regulatory body's websites, list other brokers to deceive and directs its potential investors there.

Any legitimate forex company should provide an independent/third party audited and verified trading performance track record from websites such as www.fxblue.com, www.myfxbook.com and www.fxstat.com to its investors by placing the verified track records on its website, and the investors must do their due diligence to verify the broker in the track records as a recognized broker.

Note that a trader or an investment company can partner with a broker that will doctor, through their trading server and provide to the trader/investment company a trading performance track record, which they will use to operate their scam schemes. You will see monthly trading performance track record, not knowing that it is doctored through the broker's trading server in favour of the scam investment company, without the actual trading taking place in the real market environment. If the broker used by the forex investment company is not a popular broker, and you can get in touch with the trader/investment company, request that they provide another of their independent/third party trading performance track record from another known/popular broker for you to compare the trading performance track record of both.

You can suggest and get the forex investment company to use your preferred popular broker to run a demo account, if not a live account, using their trading strategy, going forward as long as you feel comfortable, so as to compare the trading performance with their main portfolio trading performance track record, to prove that their trading performance track record is not doctored by the broker, even if it is from an independent/third party website, before investing with them.

A legitimate forex investment company that does not want to exposed the investors to being scammed should allow the investors to open their personal brokerage account and give them the log in details for them to manage the account for the suppose investors. This approach is always very complex to the forex fund managers/investment company in a situation where they are to manage multiple investors account at the same time.

In a situation where the investment company is to manage multiple investors account, which is a certainty, the preferred means of fund management is through a PAMM , LAMM and MAM system of fund management. This puts the deposit/withdrawal control, 100% in the hands of the investors, so that even if the investment company wants to close shop and run away, they can't run away with a dime of investors funds, same with the investors personal brokerage account being traded by the fund manager/investment company.

With all of the above, you should be able to differentiate between a legitimate forex investment company and scam/ponzi scheme.

All these scam/ponzi schemes are actually using the name forex to run their scams. They are using new investors funds to pay old investors in the scheme. Those payouts are not from actual trading. That they are running the schemes without running away yet, does not mean that they are legit.

Any scam/ponzi scheme always launches with a target amount of money they will run away with. The time to shutdown depends on the inflow of funds from investors into the scheme compare to the outflow of funds to payout investors.

The promoters of the scheme might meet their target amount to shutdown and run away with, but choose to increase their target amount to run away with, as they discover that more funds are still coming in, and being rolled over into the scam scheme compared to the payouts to investors.

It will definitely earn in tears, both to the new investors and those rolling over into the scheme, when a decision is made for the scheme to shutdown by the operators. We just pity the marketers of the schemes as they will be roasted by the gullible investors.
Re: Please Advice. by idomalord: 10:59am On Jul 12, 2020
Ladylite:
Real Estate
Agro-Tech
Transportation
Mining gemstone
Mining gem how?
Re: Please Advice. by Mide3367(m):
Consider agriculture if you can... It worth it. How to utilize 10 hectares of land for maximum profitability in Agriculture for a lifetime

MAIZE:
4 hectares will give 7tonnes of dried maize(using hybrid seed) and harvest is every 4 months in a year.

And currently a tonne of maize is sold for 80-90k

Making it over 560,000 per harvest multiply that by 3 times you have 1.5m-1.8m per year

So you see you have recovered your investment with only maize

CASSAVA:
Now for cassava 4 hectares of cassava will give you 100-120 tonnes of cassava

Now currently a tonne of cassava is sold between 9-12k giving you 800k-1.2m per harvest so in two harvest you have 1.6-2m per year ( sometimes it might not be up to 2 harvest so take note)

So you see that you have even tripled your investment this is agriculture for you

CUCUMBER:
Now the remaining two hectares will go for cucumber (this will need a borehole and deep irrigation so we can harvest up to 5-7 times a year)
Two hectares will give you 700-900 bags of 40kg of cucumber and each bag is sold for 1500-5000 depending on the period.
Let's assume it's sold for 2k which is the minimum then 700×2000 will give you 3
1.4million per harvest now multiply that by 4 harvest you will have 5.2million in one year.

NOW 10 HECTARES HAVE GIVEN YOU A TOTAL OF 8.6-10 MILLION NAIRA IN ONE YEAR( THIS CAN BE DONE WITH AN INVESTMENT OF 3-4 MILLION. IF THIS IS NOT ENOUGH MONEY FOR YOU THEN GO FOR MONEY RITUALS AGRICULTURE IS NOT A GET RICH QUICK SCHEME YOU HAVE TO BE PATIENT.

And the most interesting part is there are always buyers inshort demand is far more than supply.

If you want to go into this and you don't have the time and expertise Hollyway Global is here to help out we do the whole hardwork from planting to harvesting and then selling you just sit back and Rip the fruits(full time management).

Remember: It's your farm and you can visit anytime. We have access to farmlands in Lagos, Ogun,osun and delta. If you have your own land an added advantage but you will make provisions of accommodation for us and we do full time farm management/consultancy for you.
07015585967 reach me on whatsapp
Re: Please Advice. by Mide3367(m):
Or snail farming on a large scale.
Snail doesn't smell, it is required in dry season in large quantities.

Snails are very easy to rear. They do not bite, kick, bark, sting or harm and they don’t mess up the environment like other livestock. Snail farming is a business that does not require millions of naira. If land/space like one room size is available, then you don’t have problem.

•Snail farming

15months snail (Archachatina marginata specie) is sold around N350 - N500

In addition, you do not buy food for snails like you do in fish farming, pig farming, poultry farming, and the rest . They are hermaphrodites having both male and female reproductive organs and this means that all the snails in the farm will be busy laying eggs year in year out.

Anyone can start snail farming and make profit within eight months . At the end of the day, one snail can produce atleast 50-young snails in a year, Snails are noiseless, odourless and very cheap to rear.

The profit in sail farming is encouraging because each Archachatina Marginata snail under suitable environmental and climatic conditions can produce at least 100 eggs per clutch and will lay eggs 2 - 5 times in a year and a small scale farmer can keep at least 300 snail breeders and make profit.

Therefore, 300 snails can produce about 28,000 eggs in a year with at least 50 percent success, 12,500 hatched eggs can grow to adult snails within 15 months , with 5,000 adult snails suitable for consumption at N350 per snail grin grin
Do the maths and thank me later

Snail farming is profitable and millions of jobs can be created through snail business alone.
Sadly, Nigerian preference and rush for oil money has led to the utter neglect of this lucrative agricultural enterprise. The time is right to utilize a natural food resource that is literally at your feet. Pen or free range snail farming is not a hobby, it is a serious business that yields good financial reward within 15 Months

Potential

It does not have high cholesterol, in most cases doctors recommend it to people who have heart condition, and the demand for snail meat is so high.

They can be fried, roasted and or prepared as the popular pepper soup and served in big hotels, restaurants, eateries as well as some joints patronized by middle to high level people.

Challenges

People find it difficult to get the fast growing specie of African Giant Snails (Archachatina Marginata) suitable for domestic rearing.

The archachatina marginata snail specie has very high market value of local consumption or for export.

Started as a hobby but i realised it's a very lucrative business that you can earn thousands or millions of Naira from

As unemployment increases with more jobs being threatened, people keep seeking for things to do. Besides their jobs it will help support the family income, yet would not take much of your time. And, since 70 per cent of Nigerians live below one dollar/a day, it only make sense to put time, resources and energy into other productive areas. And snail farming, because of its almost zero production cost has proven to be one of such areas.


Lay more emphasis on how to produce very cheap food supplement that will enable them grow faster and heavier.


You can reach me on WhatsApp for further assistance or info +2347015585967

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