₦airaland Forum

That's exactly what my report is supposed to explain. Personally, I feel that the money she is going to spend on setting up AND MAINTAINING the platform on which her lotto will run can be deployed into more productive ventures.

But it's her choice to make. We can't make it for her.

I can give you what you are looking for. But are you prepared to pay for it? N7,500.

Again, do you have the funds to deploy this kind of lotto system? It's gonna cost you some real dough.

Very much worth it. My video game centre rakes in about N7,000 daily. That's about N168,000 plus a month. Add two more video game centres and a viewing centre and snacks bar and you will easily hit your target.

The football season is here again and you should make some good dough if you play your cards well.

Hmm. Reminds me of my camp experiences. I made the mistake of going with my car then. Happened I was only one of two guys that did. We just became marked men. A particular banker who came marketing us even took the pains of fishing out my personal details from my form and began calling me. One of the calls was picked by mu girlfriend then (now my wife). Hmm. No be small wahala o! Nearly ruined our relationship then.

Or one married lady (she must have married early because she was even younger than me). She just wouldn't let me be. Always hanging around. Then one day, lured me into a dance and started talking some erotic stuff in my ears. Men, I had to run and run and keep running.

My advice to you is to do the same. Just run for your life!

I need a service/supplier boat for marine transportation of petroleum products.

Specifications
1) Double Engine
2) Capacity: between 800 tons to 1500 tons. Anything within this range is acceptable. Anything below 500 tons is not.

Anyone who has such a vessel for sale or can connect me to someone who has this for sale should SEND AN SMS to 08082736168 telling us how you can be contacted for negotiations on price. You will then be contacted.

Please do not call. DO NOT FLASH!

Only serious persons should call. I do not do business with jokers.

viperman:
Hi stagger please can i have your email:
i need to know more about this allocation, license and lifting approval.
mine is lexfrosty@ yahoo.com.
kindly mail me

I have sent you a reply.

Mr Veryeasy,

Your terminology is giving you away as not being too conversant with the industry. NNPC does not give allocations! It is the PPMC which can give you an approval to lift profucts.

Do you need the products in question? Then simply state what you need and someone with the ability to fulfill your need will respond.

IF you are looking to be licensed, that is a different matter and there is a procedure to follow. SO you should explicitly say what is you want.

You cannot ask for allocations from NNPC!

Not serious. Not answering his calls.

Is there something wrong with your phone? I want to send one of my staff to you for negotiations. Pls leave your phone open so we can talk.

Should you be taken seriously? A lot of guys come out here to post such stuff and subsequently can't even answer their phones or just back out.

A guy came here claiming to have a filling station as inheritance. I took him up with an offer to rent it and he has disappeared from the forum. Same as numerous posters who want to buy and can't follow through. You may have to convince us some more.

will give u a call.

Just go to the Head Office Department of Petroleum Resources on Kofo Abayomi Street, Victoria Island and lodge your complaint. They will take it up from there and pay the station a surprise visit to verify your claims. If the pumps are found to be under-dispensing, they will be sealed off instantly!

I can tell you that you do not need money to kick off. I am in the petroleum marketing business. Let me give you a proposal you will find hard to refuse.

I am personally ready to lease your station, or at least lease some of the pumps from you at an agreed price which I will pay you per month. I can offer you a percentage of our operating profits for using your facility, or I can pay you something fixed. But I think it will be better to pay you a percentage of our operatign profits.

I am ready to do this immediately, but there are some conditions, one of which is that I have to be sure that the facilities are in good condition, because I won't commit money to start fixing or replacing pumps, underground tanks, etc. We can do some minor repairs here and there, but not major stuff.

This way, you will not need any money to start this business of yours. This is probably the best deal I can offer you.

If you are agreeable, I will like u to post a number I can reach you so we can work out the finer details of this deal.

I posted a very frank statement about the truth of this fact and how the government is deceiving and lying to Nigerians daily about what the strike is all about. What happened?

The administrators deleted the post for reasons best known to them.

The fact is that ASUU is fighting a very just cause. And for those who think the problem is ASUU, you better think again.

Anyway the strike is just about to start. Get ready to lose an academic year if care is not taken. I believe in fighting a cause to the last.

If the admins will allow it, I will upload some documents of various negotiations and agreement signed by ASUU and Govt, which the civilian govts have refused to implement.

TILL DATE, ONLY THE GOVERNMENTS OF IBRAHIM BABANGIDA AND ABDULSALAM ABUBAKAR HAVE RESPECTED AND IMPLEMENTED AGREEMENTS THEY HAVE REACHED WITH ASUU.

What democracy are we therefore preaching when civilian govts cannot respect agreements?

How would anyone here feel if you enter into a business agreement with someone only for the person to renege on it at the final stage?

Hmm! So after some people work hard and design new technology to eure safety of customer's funds, are the banks supposed to pay them with sand?

I personally do not like some of the extortionist charges of Nigerian banks, but I am with them on this one. It costs money to design the technology, money to deploy it to the cards and money to deply for public use.

Also costs money to maintain the security network too. Don't forget a lot of ATMs are not powered with public electricity from PHCN.

We can't always have everything free.

Please get your posts correct so we are not misinformed. I think he was vying for the Presidency of the stock exchange, previously held by Oba Otudeko.

Will reply to those interested in selling our products.

Lucabrasi's tent renting idea is a great one. Some people do not know that a good business is one where you spend money once to get the main money earner, and that thing earns money for you repeatedly for a good number of years to come.

They think business income is dependent on how "dignified" or otherwise a business looks. Laughable!

suggary, please i will send u an email so we can exchange numbers to discuss on phone. I personally do not give out numbers on online fora.

Basically because of fools like Shotcaller.

Has anyone explored "fries"?

Fried yam, plantain and potatoes to be exact? here's what you need?

1) A small piece of land space close to a students off campus hostel or a populated area.
2) Items for frying stuff such as three large frying pans (for each food item mentioned above)
3) Spoon sieves, forks.
4) Ingredients for frying and making stew.
5) The food items themselves. You can buy but I also suggest you plant your own plantains (up to 50 trees) and give them eight months to one year and you will never have cause to buy plantains for a long time to come.
6) 3 Trays
7) Any other relevant tool.

You do not have to do this yourself. Get two young and agile people (and believe me you will not have problem finding workers in today's Nigeria) to cut them up in the house a few hours before you hit the road. The business is mostly a night time business and can run from 6pm till midnight (depending on where you are. If not too safe you can shut down by 10pm).

These workers will prepare the ingredients, fry them and sell them. You can stroll to your joint to monitor sales and see what the figures add up like for sometime for you to get an idea of how much you can make.

I tell you, there is money in this business. I learnt from my cooperative chairman that a certain woman that does this business close to my area makes nothing less than N20,000 profit a day! How he knew was that he personally had to ask the lady where she was getting the money for her daily contributions from, because he could not reconcile the "undignified" nature of the business with the dignified amounts she was bringing in.

Though some may not make as much, this lady has capitalized on the fact that she is virtually unchallenged, her food standard beats those of others who are not so close by, and over time, she has acquired a good customer base. On some of my buying visits, I have witnessed big men come around with jeeps, sending their drivers to load up for them.

Food for thought!

i don't believe in all these grandoise projects that only enrich the contractors that handle them. Why can't we tap into what is going on in a place like Alaba?

The answers have been provided here on this forum several times.

Visit a registered microfinance bank, open an account and make sure that your inflow in that account on any given month is equivalent to 30% of the amount you are going to borrow.

You have to run the account for three months to qualify to apply. This will enable the bank assess the credit worthines of your business before your application can be granted.

The essence of making sure that your account inflow is equivalent to 30% of the amount you want to borrow is this: most loans have a tenor of three months. 30% x 3 months is about 90%. So that will give the bank confidence that you can repay since they are collateral-free.

Use the loans only for business, not for acquisition of non-business related property. It is better to start with smaller loans that can be paid back wothout much stress. Prompt repayment of a loan makes it easier to get another.

This information I am giving out is what enabled my company borrow and pay back a loan form a microfinance bank last year.

I need to state that membership of a viable cooperative society is an even better option. make monthly contributions and have a business on ground and you can get loans up to 3 times your deposits. Good for salary workers and those with small businesses like food business that bring ibn good income.

By the way, does anyone know how much those people that sell fried yam, plantain and potatoes make on a daily basis in terms of profits? I was astounded by the figures when I did a study recently. There are a lot of business people look down on as "undignifying" that is raking in money for those who are doing them. Who says you need plenty of money to start a business in Naija?

ShotCaller:
dont listen to the last 3 post, they are all the same persons,

check the writtings, the chosen words and co,

i know, so pls be very care full on who u give ur money,

business is about being responsible for ur services or goods,

best of luck

ShotCaller,

You must be a first class idiot!

I can't understand how some people will just come here and start vomitting rubbish on a thread where we are trying to make some sense here.

There are 140 million Nigerians who need to wear clothes. It's a large market. The starter of this thread asked for ideas, and was given one. If she goes with mine, she will be collecting a PHYSICAL ITEM for sale. And like dinggle rightly said, there are so many good designers out there whose problem is probably how to get themselves or their products known.

SHE DOES NOT NECESSARILY HAVE TO GO WITH MY IDEA.

She has not contacted me for anything. And if you were sensible enough to read ll the posts I have made on this forum, I have neither dropped my phone number or email address for anyone. I only respond to those who specifically ask for certain information. I have not even responded to suggary who dropped her email address (you can email her to confirm this) because I am still weighing the benefit of such an arrangement because of a previous experience I had with a boutique owner in PH whose workers stole some of our products (this owner wasn't taking stock and it was our agent who eventually went over and discovered this) and the owner has refused to pay for them till today.

It simply outrightly pisses me off when I see idiots like you come here to post such rubbish. People like you can never contribute sensibly to anything discussed here.

If you have nothing better to say, shut up!

Kabidoye,

I will not advise you to start delving into refining products as the first downstream petroleum business to engage in. You need a lot of money (which you probably have to source from a bank because of the cost) and also a lot of technical and marketing expertise.

You are better off selling it to someone. Take time to gradually study the aspects of the business before you delve into it.

Oh yes. I think dinggle just hit the nail on the head. On Friday, my wife went to a bank to see a friend who had just launched the new suits we made for her. A colleague saw the suit my wife and her friend were wearing and was wondering if they were imported from the UK.

After a good laugh, they explained that it was made by us. At present, we are now working on many suit orders generated by that visit.

That's the way it is. You wear the suits, and let them talk for you.

Not surprised. I know when they owed staff for close to a year.

They should be viewed as a weathercock. When they blow in your direction, they can be your friends. But when they turn elsewhere, scram.

Once robbers raided our estate and they responded in 5 mins to the distress call. I was highly surprised.

Aside that, not too much to smile about from their angle.

About transportation of petroleum products from depots with tankers; yes I can talk more about that because that's the area I am conversant with. But not general haulage of goods. For that,I need to talk to some experts in that area to give more information.


Please to all who have requested for information, I will send it tonight. I am a bit busy now with my daytime work. Thanks.

I still stand by what I said. I never said there are no risks to contend with, and no issues to contend with. To do business in Nigeria, you must have a lion's heart. No doubt about that. You have to put up with issues you won't find in the developed world. No doubt about that.

But then you also have opportunities here in business you may not have in the developed world. Nigeria does not have a functional rail system. Even if the govt starts now to build one, it will take at least 10 years for it to be deployed to full capacity as a means of cargo transport.

This means that road haulage and transport business will remain for a long time, a huge income earner.

I don't know about others, but as an entrepreneur with three running businesses (all contending with all manner of issues ranging from power to bad roads to risk of theft of goods, etc), I do not look at the bad points and allow it to determine where I want to get to.

If I see there is an opportunity and that others have crossed that path successfully, I won't mind doing it.

Have the bad roads, mean drivers, etc stopped people from doing haulage business in Nigeria? I personally know a pastor in my former church who went into haulage business and was transformed from a man struggling and barely taking care of his family with his meagre church allowance to a multi-millionaire in a matter of years.

I have a friend who was working in a media firm that owed him close to a year's wages. He used to periodically ask me for money. I encouraged him to resign, forget the money he was being owed and leverage on his brother who was working in an equipment leasing firm. I watched him move from being a broker in equipment leasing deals, to finally securing two trucks, and today he makes a minimum of N100,000 daily!

Yes you read that right. HE MAKES A MINIMUM OF N100,000 DAILY!

In his case, he was forced by circumstances to make a move. So he had nothing to lose. He moved, ignored the nay sayers and today, he is now a millionaire.

So my advice to anyone who wants to start a haulage business and has the money to please get into action. You only need to liaise with those who are experienced in the business to carry you along on how to get around the areas of concern.

Go for it!

Depilot:
Just keep in mind that trucks mostly don't break down right next door to mecho shop.
Think about the process you have to go through to fix a broken truck next to the highway. Let us also say that the truck is full of customer's goods, which can not be left on the truck overnight.
This means the truck has to be repaired the same day. This also means your reliable mecho must be available and part to fix the truck must also be ready.

How do you handle this type of scenario? Because this might happen once or twice a month.

Be a smart business owner, just don't go into a new business by only looking at the pouring of the honey, it is also critical to pay attention to the inevitable rain fall.

It sounds like a great business, but get to know the business first before diving into it.

Haba mana! You are scaring the lady unduly. Nigerian roads have never been ok generally for as long as I can remember. Yet people are still making millions from the business. It's like saying because there are always road accidents on our bad roads, therefore we should not drive cars or enter into them to travel.

Forget all the talk of bad roads etc. A new truck or a good fairly used one will not develop problems that soon. And even when they do, they can always be fixed.

Fact is that anything on the import prohibition list of the Nigerian Customs stands a very great chance of being seized permanently. You need to watch the local news and see what I am talking about.

Unless you want to see your hard earned money and goods being auctioned to a few cronies of the powers-that-be, well, be my guest. A trial will probably convince you.