Business Opportunities In Nigeria
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This document discusses business opportunities in Nigeria given its population of 170 million people and labor force of 79.9 million. It notes that there are more problems to solve than current solutions. Business opportunities outlined include agriculture (crop and animal production), food/feed processing, packaging, and transportation. Other opportunities mentioned are fashion design, clothing sales, real estate (agency, development, management), internet/technology businesses, and transportation/logistics. The document provides advice to start small and focus on a niche, seek training, and explore funding sources such as banks, grants, angel investors, and personal networks.
Business Opportunities In Nigeria
- 2. Nigerias Population 170 million Labour Force- 79.9million Fully employed- 53.8 Under employed- 15.4 Un employed 10.6 Unemployment Rate- 13.3%
- 4. Businesses you can do is actually problems you can solve. There are too many problem than solutions available
- 7. Agriculture Animal production snail, fish, poultry, piggery etc Plant production cassava, vegetables, water melon, cucumber etc. Feed/Food processing Feed/Food packaging Feed/Food sales/marketing Feed/food formulation/management Feed/Food production Feed/Food transportation Equipment & machinery
- 9. Fashion designing male, female, boxers, uniforms sew and supply, monogramming/branding Sales of clothing materials and accessories Beeds Children wears Local fabrics Dry cleaning Beauty salon, make up etc and acessories Soap, perfume etc production, sales Shoe production
- 11. Real Estate agency Freelance estate Marketing Speculators Buy,Build and Sell Building services- mechanicals, electricals, stainless railings, aluminum fittings, tiling,fittings Day care centre Estate management
- 13. Money Agency- mobile money agent Internet account managers Proof reading/ editing Web design and hosting Internet marketing E book publishing Short video advert Blogging Phone marketing Haulage and logistic school, uber taxi Network marketing
- 17. Start small and grow Get necessary training and relevant information Choose a niche and pin it down. FOCUS
- 18. Cooperate people- commercial banks - microfinance banks Government grants Bank Of Agriculture (nearest 386 Abeokuta exp Abule Egba. www.boanig.com) - Bank of Industry(23 Marina st lagos. www.boi.ng) Money market money lender - Ren money (c/o Remi 08061351096)
- 19. Angel funding- NGOs, foundations- Tony Elumelu Foundation( tonyelumelufoundation.org) Contributions Family and Friends Personal Saving Liability/ Asset Partnership Take product on credit