10 Kinds Of Business That Can Bring You Millions In Nigeria This Year

If you want to earn more than one million a year you
should choose an area of your business very carefully.
Here are 10 lucrative businesses in Nigeria you can invest
your money and be sure of making millions back.
1. E-commerce Electronic commerce is the easiest kind of
business to start. The best thing about the e- commerce is
that you have already millions of online “customers”. You
just need to turn them into buyers of your products.
2. Poultry Farms This kind of business is very lucrative.
Even some foreigners are coming to Nigeria to invest into
it. If you start with a farm of 1,000 chickens and will
develop it properly, you will be earning nearly N30
million annually
3. Second hand clothes Many Nigerians prefer to buy used
clothes of good quality instead of cheap fakes. The cost of
importing used cloth is very low, which guarantees good
turnovers of your investments.
4. Snail farms These farms are quite popular in Nigeria.
They need low investment to start and don’t need any
special equipment. But the area is big, as well as the
market.
5. Fruit juices Nigerians consume more fruit juice than any
other people on our planet. This business is tough and it
needs big starting capitals, but if you are able to afford it –
it is totally worth it.
6. Oil and gas Our land has great deposits of oil and gas. So
the land itself presents the best opportunity for its citizens.
Some finest businesses in Nigeria started from owning of
petrol filling stations or gas logistics. These areas are
always good for making money.
7. Professional car wash The main thing in this kind of
business – good management and a right place. Try to
choose a strategic place for example in Lagos or in other
city overcrowded by cars.
8. Construction materials House construction is on its peak
now in Nigeria. So if you will manage to become a local
dealer of construction materials it will surely bring you
some good money.
9. Rice farming There is never enough rice in Nigeria.
That’s why government imports it from Thailand and
China every year. You should prepare to invest hardly in
good labour and farming itself, but the result is worth it.
10. Hotels and estates Business with property is probably
the biggest opportunity to make money in Nigeria . Invest in
a small hostel or a mini hotel. Also, you can just rent some
property. And then you will see how the money flow in.