₦airaland Forum

sweetmelanin:
I get the feeling this OP is a follower of that 'popular' YouTube hypocrite who is sits his broke behind in the UK whilst deceiving his followers by selling them the African dream on how to move back to "the motherland" and "make it big" ...then he would delete, insult or block anyone who comes forward with an objective statement on why things are not so rosy back home.

Look OP, if you watch Phr....... , don't be deceived o.. he's living off the little stipends from YouTube where he deceives gullible diasporians for views. There's a reason he himself is still in the UK and hasn't moved back to enjoy how "fantastic" Nigeria is

You're referring to Phrankleen

I watch him (along side Wode Maya) and NO, I can pick the beans from the chaff, and not mislead by any of those "Africa is great" him and other YouTubers are selling. Mind you, I go to Nigeria yearly for a month, but havent really moved and lived there, so I am not new to the challenges of Nigeria.

Though, it is necessary to go inspite of its challenges, giving proper planning and fallback options in place.

OP, I won't even lie...Nigeria is really tough at the moment, but if you got guts to weather the storm you can make it BIG due to the population growth.

Your focus should be around agriculture, hunger is still a pandemic in Africa.

Personally, I wouldn't do business here in Nigeria.

I'd rather move to Gambia, Kenya or Rwanda.

ecomalchemist:
lol, that must be 'phrankleen'.

Or he's probably binge watching wode maya..lmao...

Should we tell him ?

tensazangetsu20:
https://medium.com/@drola/the-mystery-of-market-size-in-nigeria-a7c863f537bb

You can read this article by dr ola the founder of flying doctors. She thoroughly demystifies the true market size in Nigeria. You can also subscribe to platforms like business day and stears business so you can get the data to work with.

I just read the article. Really informative and the below excerpt is really worrisome. heartbreaking at the same time. Thank you.

The biggest companies on the American stock exchange are companies like Google, Facebook and Amazon. They sell Internet search services, cloud storage services, e-commerce services. They continue to launch new ventures that specialize in advanced robotics and artificial intelligence. The biggest company on the Nigerian stock exchange sells salt/sugar/pasta and cement. In the next two years, he will be launching a petrol company. Not artificially intelligent petrol, not 3-d printed petrol. The ordinary type that JD. Rockefeller was selling 100 yrs ago.

tensazangetsu20:
You grew up in Germany and I believe Germany has one of the best education systems. Before doing business, you need to look at the numbers. Nigeria has a very large population yes but 80 percent of that population lives in stricken poverty and you are coming down here for fashion business and not to sell food products. [b]Nigerians spend 60 percent of their income on food I am sure it should be close to 70 percent now since the price of food items have gone through the roof. [/b]Do the research and run the numbers thoroughly so you don't make mistakes you will regret down the line. The numbers should guide your decision.

https://medium.com/@drola/the-mystery-of-market-size-in-nigeria-a7c863f537bb

You can read this article by dr ola the founder of flying doctors. She thoroughly demystifies the true market size in Nigeria. You can also subscribe to platforms like business day and stears business so you can get the data to work with.

Mehn, is it that bad?

Raalsalghul:
Mehn, is it that bad?

'According to the NDIC, 98% of Nigerians have less than N500,000 ($1,250) in their accounts. And of course you have to consider the fact that the poorest Nigerians are unbanked'

This really hit home man.

You'vce got very good advice already, and a very good wri up there by EgunMogaji2. So as most said, just put your mind to it, and know what to expect. Yes, Nigeria has the population. However,a very large percentage of that population have very little disposable income. So to take advantage of the large population, whatever business you do has to be easily affordable to the masses. Otherwise, it will be a struggle. I will give an example - Whenever you go to the mall, Ikeja mall for example, you'll see a lot of people there, but you will also notice that there is hardly anyone actually shopping in majority of the stores. You only see people in shopRite, the phone carrier stores (MTN/GLO, etc), and at the Restaurants. Why is this? because majority just cannot afford what's sold in all those other stores. Hope you get the jist...

ecomalchemist:
Or he's probably binge watching wode maya..lmao...

Should we tell him ?

Thing is, I don't mind Wode Maya who actually walks his talk by living in Ghana.. unlike Phrankleen - an absolute clown sitting in the UK in his cheap council house which he pays £400 a month for ... yet as broke as he is, so arrogant and talks down on anyone who opposes his views even when they are polite about it..

Don't let me get started on his numerous videos against family members back home .. the amount of vitriol he speaks shows someone who has had bad dealings with own family and is so bitter..

A lot of his "story time" stories are made up just to push his bullshiit propaganda about how everyone abroad are suffering and those back home are living in some 'African utopia'..

I used to watch him a lot until the terrible character underneath that British accent started to show.

Kekereekun123:
do not make that mistake. Many people will see you as easy prey to extort you, you staff will probably steal or defraud you. You can try Rwanda or Botswana. Avoid Nigeria it is a sinking ship.

While there's serious theft amongst staff in Nigeria, I wouldn't recommend Botswana or Rwanda to someone who wants to do business let alone a physical business like fashion designing.. Rwanda and Botswana are good for remote business (tech) and for retirement.

sweetmelanin:
Thing is, I don't mind Wode Maya who actually walks his talk by living in Ghana.. unlike Phrankleen - an absolute clown sitting in the UK in his cheap council house which he pays £400 a month for ... yet as broke as he is, so arrogant and talks down on anyone who opposes his views even when they are polite about it..

Don't let me get started on his numerous videos against family members back home .. the amount of vitriol he speaks shows someone who has had bad dealings with own family and is so bitter..
I used to watch him a lot until the terrible character underneath that British accent started to show.

Perfect description! Anyone who champions staying back in or returning to Nigeria but doesn't practice it is a hypocritical clown.

roteblomen:
You're referring to Phrankleen

I watch him (along side Wode Maya) and NO, I can pick the beans from the chaff, and not mislead by any of those "Africa is great" him and other YouTubers are selling. Mind you, I go to Nigeria yearly for a month, but havent really moved and lived there, so I am not new to the challenges of Nigeria.

Though, it is necessary to go inspite of its challenges, giving proper planning and fallback options in place.

See ehn, my last visit to Naij did it for me.. that country sucks!

Not everyone is cut out for a life of entrepreneurship but in Nigeria it seems that's the only way to survive.. how many of us can relocate to do agriculture, farming etc.. for a living?

To even get a house with something as basic as a clean, modern, functional toilet and shower that actually works you gotta pay at least N1million per year for rent + service charges.. the basic amenities we are all accustomed to here is luxury over there.. its ridiculous.

Sometimes I take a virtual walk around the streets of Lagos on google maps and weep for my country.. there's no excuse why Nigeria should still look like that in this day and age. No reason whatsoever!

roteblomen:
I just read the article. Really informative and the below excerpt is really worrisome. heartbreaking at the same time. Thank you.

There's nothing heartbreaking about it. Nigeria is a developing country. The richest people in Brazil, Thailand, Indonesia, Vietnam and even Malaysia didn't become so via tech. People should stop comparing Nigeria's economy to that of the United States. It can be modelled like but not compared.

EgunMogaji2:
Thanks for the mention.

Personally I cannot in good faith recommend that anyone should move to Nigeria. You should move to Nigeria because that's is where you want to be, not based on recommendation from someone else.

DO NOT MOVE TO NIGERIA IF:

You need uninterrupted electricity.

You need safe pipe borne water.

You need hygienic waste management system.

You are anxious about safety.

You need a government with clear policies.

CONSIDER MOVING TO NIGERIA IF:

You fancy yourself as the early Americans who came in killed all the Indians, took their lands and became overlord. Pretty drastic statement I know but to survive in Nigeria you need to be near ruthless. Not unlawful but ruthless. It has been my experience that being seen as kind, generous, caring is taken as a sign of weakness and a mumu.

.

I

So in closure, move to Nigeria because it's what you want to do, not because someone think it's a good idea. Move to Nigeria with residence and vehicle already sorted out. Have a bank account already funded (you can do this while your win the oversea).YOu can fund your bank without going through anyone so no one will know if you are a thousaniare or millionaire. And for the love of god do not use your actual physical home address at the back. The staff are suspects.

Good luck too all of us, those of us coming back, those of us heading out and those of us already here.

PS: Rely on no one. Your friends/family have their own palava going on. Most of the promises made too you while you're in the abroad will not pan out.

PPS: Nigeria is blindingly expensive, frankly I don't know how some do it. You will need to stop using pounds/dollars to justify at some point. I have a gen that I run and it consumes N5K gas in 3 days. Some people only make N20/N25K per month. So relatively I am wasteful.

OP, this to me is the best advice you can get. The only time I will recommend returning to Nigeria is when the person has options (which you do). And you see that bolded paragraph, you should heed to it 100%. It's war! You should be very very ruthless if not, people will use you. In Nigeria, meek people aren't rewarded esp if you are into business (why return to be an employee?).

ecomalchemist:
OP, I won't even lie...Nigeria is really tough at the moment, but if you got guts to weather the storm you can make it BIG due to the population growth.

Your focus should be around agriculture, hunger is still a pandemic in Africa.

Personally, I wouldn't do business here in Nigeria.

I'd rather move to Gambia, Kenya or Rwanda.

Hopefully, in the value chain. Unless he wants to become part of the able bodied yoots Buhari talked about.

EgunMogaji2:
Thanks for the mention.

Personally I cannot in good faith recommend that anyone should move to Nigeria. You should move to Nigeria because that's is where you want to be, not based on recommendation from someone else.

DO NOT MOVE TO NIGERIA IF:

You need uninterrupted electricity.

You need safe pipe borne water.

You need hygienic waste management system.

You are anxious about safety.

You need a government with clear policies.

CONSIDER MOVING TO NIGERIA IF:

You fancy yourself as the early Americans who came in killed all the Indians, took their lands and became overlord. Pretty drastic statement I know but to survive in Nigeria you need to be near ruthless. Not unlawful but ruthless. It has been my experience that being seen as kind, generous, caring is taken as a sign of weakness and a mumu.

To OP:

I was born in Nigeria and grew up here till I finished poly.

I retired back to Nigeria 18 months ago after 33 years in the USA. As an American citizen i could pretty much move to almost any country in the world and live there successfully on my retirement income. I chose to come back to Nigeria because frankly I love Nigeria and I could give my little means back to the country that gave me so much.

There hasn't been one day that I didn't wish I returned much earlier as Nigeria is good, very good, to me. This is much to the chagrin of most on here whop sees Nigeria as nothing but a death wish. I suppose I could share there macabre ideology about Nigeria if a was a 20 something year old that is still finding himself.

Moving to Nigeria should never ever be done on a whim. It's should be attacked like a military assault.

My move started around 2010. After I left in 1986, I didn't return for a visit until 2006, 20 years gone. On that trip I was able to see some changes and opportunities in Nigeria. So I made a plan to start spending my yearly vacations in Nigeria so I can get used to it. Between 2006 and 2010 I came home once every two years.

Come 2010 I really started putting things in gear. I came home much more frequently, some years twice. Between 2015 and 2019 I came home around 4 times a year. This is important, the back to back trips. It's on these trips that I convinced myself that I could actually do this. Live in this near lawless, ungovernable country and actually have fun and pursue opportunities.

One sunny day in 2019 sitting at my desk in the office in Los Angeles I upped and quit my lucrative career and move back to Nigeria. Now I moved back to my own house that I've built in that timeframe and fully furnished, my own vehicles that I've stashed in that timeframe.

I wrote all this in detail for others to read carefully as they make their choices. One of the most difficult things for returnees is when they move back and they have to rent or live with families that they hardly know. Some think they can only make it in Lagos or Abuja and pay N1M a year rent. I pay N0 rent. Some can't drive and take Uber. I pay N0 because I drive myself (mostly after heavy praying).

You cannot do a successful business without being on the ground and doing your own critical study. All the studies and plans that I made about Nigeria while I was in the USA has been thrown away. It's near useless.

So in closure, move to Nigeria because it's what you want to do, not because someone think it's a good idea. Move to Nigeria with residence and vehicle already sorted out. Have a bank account already funded (you can do this while your win the oversea).YOu can fund your bank without going through anyone so no one will know if you are a thousaniare or millionaire. And for the love of god do not use your actual physical home address at the back. The staff are suspects.

Good luck too all of us, those of us coming back, those of us heading out and those of us already here.

PS: Rely on no one. Your friends/family have their own palava going on. Most of the promises made too you while you're in the abroad will not pan out.

PPS: Nigeria is blindingly expensive, frankly I don't know how some do it. You will need to stop using pounds/dollars to justify at some point. I have a gen that I run and it consumes N5K gas in 3 days. Some people only make N20/N25K per month. So relatively I am wasteful.

Now this is unbiased and critical view unlike the ones I drag you at times. Well done senior man

Gerrard59:
While there's serious theft amongst staff in Nigeria, I wouldn't recommend Botswana or Rwanda to someone who wants to do business let alone a physical business like fashion designing.. Rwanda and Botswana are good for remote business (tech) and for retirement.

ok o
Theft
Diesel cost
Using money to win Government contracts
Cheap chinese substitutes
Lagos and FG taxes.

I pity the op o

EgunMogaji2:
You fancy yourself as the early Americans who came in killed all the Indians, took their lands and became overlord. Pretty drastic statement I know but to survive in Nigeria you need to be near ruthless. Not unlawful but ruthless. It has been my experience that being seen as kind, generous, caring is taken as a sign of weakness and a mumu.

To OP:

I was born in Nigeria and grew up here till I finished poly.

I retired back to Nigeria 18 months ago after 33 years in the USA. As an American citizen i could pretty much move to almost any country in the world and live there successfully on my retirement income. I chose to come back to Nigeria because frankly I love Nigeria and I could give my little means back to the country that gave me so much.

There hasn't been one day that I didn't wish I returned much earlier as Nigeria is good, very good, to me. This is much to the chagrin of most on here whop sees Nigeria as nothing but a death wish. I suppose I could share there macabre ideology about Nigeria if a was a 20 something year old that is still finding himself.

Moving to Nigeria should never ever be done on a whim. It's should be attacked like a military assault.

My move started around 2010. After I left in 1986, I didn't return for a visit until 2006, 20 years gone. On that trip I was able to see some changes and opportunities in Nigeria. So I made a plan to start spending my yearly vacations in Nigeria so I can get used to it. Between 2006 and 2010 I came home once every two years.

Come 2010 I really started putting things in gear. I came home much more frequently, some years twice. Between 2015 and 2019 I came home around 4 times a year. This is important, the back to back trips. It's on these trips that I convinced myself that I could actually do this. Live in this near lawless, ungovernable country and actually have fun and pursue opportunities.

One sunny day in 2019 sitting at my desk in the office in Los Angeles I upped and quit my lucrative career and move back to Nigeria. Now I moved back to my own house that I've built in that timeframe and fully furnished, my own vehicles that I've stashed in that timeframe.

I wrote all this in detail for others to read carefully as they make their choices. One of the most difficult things for returnees is when they move back and they have to rent or live with families that they hardly know. Some think they can only make it in Lagos or Abuja and pay N1M a year rent. I pay N0 rent. Some can't drive and take Uber. I pay N0 because I drive myself (mostly after heavy praying).

You cannot do a successful business without being on the ground and doing your own critical study. All the studies and plans that I made about Nigeria while I was in the USA has been thrown away. It's near useless.

Good luck too all of us, those of us coming back, those of us heading out and those of us already here.

Although, I agree that everyone must not go to Lagos or Abuja esp if s/he has nothing profitable to do there, is it not cheaper to rent than build a house esp if one decides to set up a factory(ies)?

Gerrard59:
Although, I agree that everyone must not go to Lagos or Abuja esp if s/he has nothing profitable to do there, is it not cheaper to rent than build a house esp if one decides to set up a factory(ies)?

I can only share what works for me.

My first house was my first investment in Nigeria. It's where I feel safe and can retire to in the evening. No landlord BS, no tenant BS. I can turn the yard into a mini New York or London to make me peaceful if I want to. It can also be sold to raise capital for business purposes.

If the roof over my head is impacting my ability to do business then I did not execute my move properly.

These are just my views, perhaps not applicable to others.

It is dissapointing to see comments talking down on their own country nd when foreigners do talk down on Nigerians they start getting furious!! One even said to employ white people in Germany ,seems most people don't know the large capital required to have a successful business in west!! For op to have decided to move to Nigeria nd start a business he must have considered many reasons for his decision!

Op don't let know one deceive you,Nigeria is a cool country for investors nd business owners!
Things you can go into are importing of fairly used cars,electronics etc to Nigeria.

Let's talk about uber business,you can get 5 cars nd hire drivers which you gonna have an agreement in terms of percent that will be your share everyday.

Should we talk about makeup brands? As a makeup lover nd someone's that loves foreign brands makeup, it's an opportunity to be official distributor of rare foreign brands that are scarce here,the funny part is all these products are more expensive than the foreign price.

You can also start a local pizza restaurant,in foreign countries they have different pizza restaurant but in Nigeria i have only been seeing domino's pizza nd no other restaurant,so it's an opportunity.

You can open a abula restaurant,where they will sell only swallow foods,see there are many businesses any person with thinking faculty and capital can start in Nigeria!!

Above all do your findings well b4 making a difficult decision!

roteblomen:
If you moved back to Nigeria from the west, what challenges are you facing and how would you advice someone that is planning to move and establish a business in adjusting properly, with due emphasis in navigating the business environment of Nigeria? I am Nigerian German, in my late 20's, and hungry for success. I believe Africa, especially Nigeria is the new wide west to make big bucks quickly.

Good advice will be appreciated. Thank you.

The only reason why I would not discourage you from moving back to Nigeria is because of the fact that you have option and you are young. If Nigeria was your "Last card", I would have discouraged you. The good thing is that even if things don't work as planned, you have the option of starting afresh in Germany.
The Nigerian business climate is not for the weak and morally upright. I have run business in Nigeria, I can tell you this for a fact. Nigeria will test you to the limit.

I know of some Diaspora returnees that have since left Nigeria after they gave up. If you have done your feasibility studies properly and convinced about it, you can give it a try. You could be one of the lucky few who made it happen. Good luck bro

sweetmelanin:
I get the feeling this OP is a follower of that 'popular' YouTube hypocrite who is sits his broke behind in the UK whilst deceiving his followers by selling them the African dream on how to move back to "the motherland" and "make it big" ...then he would delete, insult or block anyone who comes forward with an objective statement on why things are not so rosy back home.

Look OP, if you watch Phr....... , don't be deceived o.. he's living off the little stipends from YouTube where he deceives gullible diasporians for views. There's a reason he himself is still in the UK and hasn't moved back to enjoy how "fantastic" Nigeria is

Lol, I know whom you're talking about. Phrankleen. I thought Phrankleen wants to pay $17,000 for Canadian papers for him and his family? He made a video about that so I was under the impression he has already moved to Canada.

I read a comment on YouTube under one of Wode Maya's videos were the commenter complained about Phrankleen's rudeness. Now you mentioned it too so I guess it's true. I don't really follow Phrankleen, partially watched 1 video of his but I do watch Wode Maya's videos.

Living in Nigeria comes with a whole lot of challenges. I don't know how things are in other African countries but Nigeria is not an easy country to live in.

I did move back to Nigeria from the States during the Goodluck Jonathan administration because family members were nagging me to come back. When I moved back, I realized I will not be able to live in Nigeria ever again. Nigeria is not for the faint hearted and if you are a gentle person, Nigerians will consider you weak and one to be taken advantage of. I couldn't stay so when Buhari came into power and with the rising costs of living, I left Nigeria again. My cousin who moved back to Nigeria from the UK during GEJ's administration also left and went back to the UK. So many Nigerians from the diaspora that had moved back to Nigeria during GEJ'S tenure moved back overseas when GMB became president.

As much as I would love to retire in Africa when I am old or semi-old, I really don't know which African country would be ideal because Nigeria is not it for me. I know quite a few Nigerians want to retire in Africa too but don't want to come back to Nigeria. It's a dicey situation. It really is.

Kenn55:
The only reason why I would not discourage you from moving back to Nigeria is because of the fact that you have option and you are young. If Nigeria was your "Last card", I would have discouraged you. The good thing is that even if things don't work as planned, you have the option of starting afresh in Germany.
The Nigerian business climate is not for the weak and morally upright. I have run business in Nigeria, I can tell you this for a fact. Nigeria will test you to the limit.

I know of some Diaspora returnees that have since left Nigeria after they gave up. If you have done your feasibility studies properly and convinced about it, you can give it a try. You could be one of the lucky few who made it happen. Good luck bro

Well said.

EgunMogaji2:
Thanks for the mention.

Personally I cannot in good faith recommend that anyone should move to Nigeria. You should move to Nigeria because that's is where you want to be, not based on recommendation from someone else.

DO NOT MOVE TO NIGERIA IF:

You need uninterrupted electricity.

You need safe pipe borne water.

You need hygienic waste management system.

You are anxious about safety.

You need a government with clear policies.

CONSIDER MOVING TO NIGERIA IF:

You fancy yourself as the early Americans who came in killed all the Indians, took their lands and became overlord. Pretty drastic statement I know but to survive in Nigeria you need to be near ruthless. Not unlawful but ruthless. It has been my experience that being seen as kind, generous, caring is taken as a sign of weakness and a mumu.

To OP:

I was born in Nigeria and grew up here till I finished poly.

I retired back to Nigeria 18 months ago after 33 years in the USA. As an American citizen i could pretty much move to almost any country in the world and live there successfully on my retirement income. I chose to come back to Nigeria because frankly I love Nigeria and I could give my little means back to the country that gave me so much.

There hasn't been one day that I didn't wish I returned much earlier as Nigeria is good, very good, to me. This is much to the chagrin of most on here whop sees Nigeria as nothing but a death wish. I suppose I could share there macabre ideology about Nigeria if a was a 20 something year old that is still finding himself.

Moving to Nigeria should never ever be done on a whim. It's should be attacked like a military assault.

My move started around 2010. After I left in 1986, I didn't return for a visit until 2006, 20 years gone. On that trip I was able to see some changes and opportunities in Nigeria. So I made a plan to start spending my yearly vacations in Nigeria so I can get used to it. Between 2006 and 2010 I came home once every two years.

Come 2010 I really started putting things in gear. I came home much more frequently, some years twice. Between 2015 and 2019 I came home around 4 times a year. This is important, the back to back trips. It's on these trips that I convinced myself that I could actually do this. Live in this near lawless, ungovernable country and actually have fun and pursue opportunities.

One sunny day in 2019 sitting at my desk in the office in Los Angeles I upped and quit my lucrative career and move back to Nigeria. Now I moved back to my own house that I've built in that timeframe and fully furnished, my own vehicles that I've stashed in that timeframe.

I wrote all this in detail for others to read carefully as they make their choices. One of the most difficult things for returnees is when they move back and they have to rent or live with families that they hardly know. Some think they can only make it in Lagos or Abuja and pay N1M a year rent. I pay N0 rent. Some can't drive and take Uber. I pay N0 because I drive myself (mostly after heavy praying).

You cannot do a successful business without being on the ground and doing your own critical study. All the studies and plans that I made about Nigeria while I was in the USA has been thrown away. It's near useless.

So in closure, move to Nigeria because it's what you want to do, not because someone think it's a good idea. Move to Nigeria with residence and vehicle already sorted out. Have a bank account already funded (you can do this while your win the oversea).YOu can fund your bank without going through anyone so no one will know if you are a thousaniare or millionaire. And for the love of god do not use your actual physical home address at the back. The staff are suspects.

Good luck too all of us, those of us coming back, those of us heading out and those of us already here.

PS: Rely on no one. Your friends/family have their own palava going on. Most of the promises made too you while you're in the abroad will not pan out.

PPS: Nigeria is blindingly expensive, frankly I don't know how some do it. You will need to stop using pounds/dollars to justify at some point. I have a gen that I run and it consumes N5K gas in 3 days. Some people only make N20/N25K per month. So relatively I am wasteful.

Well said Sir.

YOU just made my evening and my FUTURE!

tensazangetsu20:
You grew up in Germany and I believe Germany has one of the best education systems. Before doing business, you need to look at the numbers. Nigeria has a very large population yes but 80 percent of that population lives in stricken poverty and you are coming down here for fashion business and not to sell food products. Nigerians spend 60 percent of their income on food I am sure it should be close to 70 percent now since the price of food items have gone through the roof. Do the research and run the numbers thoroughly so you don't make mistakes you will regret down the line. The numbers should guide your decision.

https://medium.com/@drola/the-mystery-of-market-size-in-nigeria-a7c863f537bb

You can read this article by dr ola the founder of flying doctors. She thoroughly demystifies the true market size in Nigeria. You can also subscribe to platforms like business day and stears business so you can get the data to work with.

ecomalchemist:
OP, I won't even lie...Nigeria is really tough at the moment, but if you got guts to weather the storm you can make it BIG due to the population growth.

Your focus should be around agriculture, hunger is still a pandemic in Africa.

Personally, I wouldn't do business here in Nigeria.

I'd rather move to Gambia, Kenya or Rwanda.

Focus on agriculture when the Fulani herdsmen terrorists will destroy your crops and even kidnap you join?
If they can do that to Olu Falae, is anyone safe

Petyprincess:
It is dissapointing to see comments talking down on their own country nd when foreigners do talk down on Nigerians they start getting furious!! One even said to employ white people in Germany ,seems most people don't know the large capital required to have a successful business in west!! For op to have decided to move to Nigeria nd start a business he must have considered many reasons for his decision!

Op don't let know one deceive you,Nigeria is a cool country for investors nd business owners!
Things you can go into are importing of fairly used cars,electronics etc to Nigeria.

Let's talk about uber business,you can get 5 cars nd hire drivers which you gonna have an agreement in terms of percent that will be your share everyday.

Should we talk about makeup brands? As a makeup lover nd someone's that loves foreign brands makeup, it's an opportunity to be official distributor of rare foreign brands that are scarce here,the funny part is all these products are more expensive than the foreign price.

You can also start a local pizza restaurant,in foreign countries they have different pizza restaurant but in Nigeria i have only been seeing domino's pizza nd no other restaurant,so it's an opportunity.

You can open a abula restaurant,where they will sell only swallow foods,see there are many businesses any person with thinking faculty and capital can start in Nigeria!!

Above all do your findings well b4 making a difficult decision!

If those are the kind of businesses you want someone from Germany to set up in Nigeria, it's better he remains in Germany. No wonder Dr Ola opined that Nigerians aren't enterprising. Na lack of better jobs dey make people set up "businesses" that are best salaried self-employment (her husband opined this).

seguno2:
Focus on agriculture when the Fulani herdsmen terrorists will destroy your crops and even kidnap you join?
If they can do that to Olu Falae, is anyone safe

Why den never kidnap you?

Petyprincess:
It is dissapointing to see comments talking down on their own country nd when foreigners do talk down on Nigerians they start getting furious!! One even said to employ white people in Germany ,seems most people don't know the large capital required to have a successful business in west!! For op to have decided to move to Nigeria nd start a business he must have considered many reasons for his decision!

Op don't let know one deceive you,Nigeria is a cool country for investors nd business owners!
Things you can go into are importing of fairly used cars,electronics etc to Nigeria.

Let's talk about uber business,you can get 5 cars nd hire drivers which you gonna have an agreement in terms of percent that will be your share everyday.

Should we talk about makeup brands? As a makeup lover nd someone's that loves foreign brands makeup, it's an opportunity to be official distributor of rare foreign brands that are scarce here,the funny part is all these products are more expensive than the foreign price.

You can also start a local pizza restaurant,in foreign countries they have different pizza restaurant but in Nigeria i have only been seeing domino's pizza nd no other restaurant,so it's an opportunity.

You can open a abula restaurant,where they will sell only swallow foods,see there are many businesses any person with thinking faculty and capital can start in Nigeria!!

Above all do your findings well b4 making a difficult decision!

as usual you will come to display your limited exposure.

Have you see the investments snd expansion of domino all over lagos. Why have foreign brands not come it - its because the market is not a promising one.

The days of having 5 uber cars are over. Operators are struggling to even break even

There are alot of rich people in Nigeria and he cannot compete with them in those businesses. He should stay put

Gerrard59:
If those are the kind of businesses you want someone from Germany to set up in Nigeria, it's better he remains in Germany. No wonder Dr Ola opined that Nigerians aren't enterprising. Na lack of better jobs dey make people set up "businesses" that are best salaried self-employment (her husband opined this).

Nigerians are not enterprising at all. Every one joins a band wagon till they cast it. Everyone of recent has been into okada loogistics till it became Saturated and became target for taxes. One time it was uber my oga had up to 10 cars doing uber, till they casted it and uber reduced cars entry from 2008 model to 2000. Import export to sell on jumia and konga was an in thing. Nigerians also casted it. Cat fish business was a thing years ago, Nigerians casted it. Fast food franchise they casted it too. Building schools too they cast am. I weak for Nigerians o

Gerrard59:
Although, I agree that everyone must not go to Lagos or Abuja esp if s/he has nothing profitable to do there, is it not cheaper to rent than build a house esp if one decides to set up a factory(ies)?

If you rent, how do you protect yourself from the owners asking for their premises before your lease expires?
Cheap should be beyond money only.

Kekereekun123:
Nigerians are not enterprising at all. Every one joins a band wagon till they cast it. Everyone of recent has been into okada loogistics till it became Saturated and became target for taxes. One time it was uber my oga had up to 10 cars doing uber, till they casted it and uber reduced cars entry from 2008 model to 2000. Import export to sell on jumia and konga was an in thing. Nigerians also casted it. Cat fish business was a thing years ago, Nigerians casted it. Fast food franchise they casted it too. Building schools too they cast am. I weak for Nigerians o

I think anything that doesn't involve manufacturing/production is bound to be casted. How come Nigerians have not copied the Indians, Lebanese and Chinese in opening factories everywhere?

seguno2:
If you rent, how do you protect yourself from the owners asking for their premises before your lease expires?
Cheap should be beyond money only.

Well, like EgunMogaji stated, it requires thorough planning. But actually, it's cheaper to rent than build esp if one decides to open a factory producing goods. Use the capital for actual production.