1. Pre-investments : 2,000,000. 2. Site acquisition : 10,000,000. 3. Approvals : 5,000,000. 4. Plant and machinery : 250,000,000.

Quarry business is a lucrative business, and important sub sector in the Nigerian construction industry. Quarry products are used for building, structures like houses and road construction. Quarry is one of the solid minerals found in Nigeria, and investing in quarry business can be profitable to anyone, who wishes to start quarry business in ...

This option presents the opportunity to record a substantial windfall since tank farms usually make diesel supply requests running into millions of litres. In this case, you'd need to identify the players who import diesel into Nigeria and link them with the tank farms in need. You make a profit by adding a markup of N2 to N5, even N10 on ...

Cover the mixture with soil and continue to spray with water. This is so it keeps damp even as the mushrooms grow. If you choose to use logs of wood, ensure the woods are safe for the growth of your mushrooms. Cut holes into the woods. Put the mushroom spawn into the holes you made in the log woods. Put the logs under a shade.

Application Form from Abuja, attestation Form from Abuja to be filled by a Lawyer. 6.Bank reference,capability of Finance in a format different from Statement of AccountThere are rocks spread in various …

Press. This is one of the oldest and fast-moving small-scale businesses in Nigeria that is still profitable. Beginning a press business where you can mass produce works like news bulletins, magazines, banners and flyers is one of the hot business ideas in Nigeria that is lucrative. Having the capital and the right …

In addition, you can also sell digital products, such as e-books or online courses, on your blog. As a blogger, you can earn a steady income by providing useful information and entertaining content to your followers. #3. E-Commerce. E-commerce is another profitable business you can start in Nigeria with little money.

Quarrying business is an important sub-sector of the Nigerian mining industry. The mining and quarrying sector contributed over N100 billion to Nigeria's GDP …

5. Event Planning and Management. Event Planning and management will always be in high demand in Nigeria. Top event planners in cities like Lagos, Abuja, and Port Harcourt make up to 1 Million Naira per event. To start this business, you'll need to build a portfolio you can use in marketing your services.

9. Importation Of Tokunbo Spare Parts. If you are in USA, Germany, or Denmark, this business is especially good for you. Don't just keep importing exotic cars, gather tokunbo spare parts in containers and ship …

How Lucrative is Cement Business in Nigeria. Shelter is one of the basic needs oc man and Cement is one of the major building materials in Nigeria. It is very lucrative to sell Cement business in Nigeria. It is a steady moving business. Some retailers in Cement business in Nigeria sells a bag of Cement with around N200 profit.

Sep 28, 2023. In the second quarter of 2023, the largest contribution to Nigeria's GDP from the mining and quarrying sector was given by crude oil and natural gas, which covered …

Quarrying has established itself as a very valuable industry over time in Nigeria, mostly for two reasons which are: that Nigeria has a large population and a severe lack of housing …

Nigeria is blessed with this essential solid mineral which makes it profitable for anyone to own a quarry. The country is richly endowed with granite stone and other related solid minerals like ...

Freelancing has become a popular business in Nigeria. It is one of the most manageable and profitable businesses in Nigeria, especially in this generation. All you need is a computer, a mobile phone, and an internet connection. No Capital Required if you already have the skills, and you can start making money within 24 hours.

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Quarry Business In Nigeria: Guide On How To Start (2024)

WEBYou can now see how profitable quarry business is in Nigeria. However, being profitable does not mean you should jump into it so that you don't jump out of it. This business is …

This may cost you around 10,000 Naira. You will also spend money on advertising the business. Finally, you will need money to purchase your first few pieces of gold. This may cost you about $500 – …

This article is not a get rich quick scheme but one that details businesses you can start with N500000 and will yield better returns on investments. Here it goes: 1. Poultry farming. This has to do with breeding birds and their products for sales and consumption. Nigeria is a country big on celebrations.

The study thereby concluded that as much as granite business is a capital intensive yet is a profitable business if is properly managed. Discover the world's research 25+ million members

What is more, many people do not know that the rental business does not need huge capital in order to begin. You can start small and then increase your stock of items. This article will provide you with 10 rental items you can use in making money. Such equipment includes catering equipment, video camera, wedding gown, etc.

1. Loosing your trucks due to bad road. With the state of roads in Nigeria, most people will think twice before delving into haulage business. Hardly can you travel any major roads in Nigeria without …

The bakery business is one of the most profitable businesses in Nigeria. This is no surprise, Nigerians eat a lot of pastries and baked foods, most especially bread. Bread is the fastest and easiest meal to make. Bread does not require any form of preparation on the part of the consumer. ... 20 Most Lucrative Business Ideas in …

10 Hot Business Opportunities in Abuja, Nigeria. March 23, 2020 by AbdulWasiu Kuforiji. Abuja is the capital of Nigeria, located in the centre of the country. The city is a well-planned one and is divided into phases to allow for the coordination of developmental efforts. In 1991, Abuja replaced Lagos as the capital of Nigeria and now …

The business of buying and sell gold jewelry and other precious metals is highly profitable in Nigeria. Gold is usually sold in the form of jewelry such as necklaces and rings and not in its raw form. In Nigeria, Gold jewelry is a particular favourite during weddings; it is given as a gift to brides by their families or even by the husband.

As with every other business, you'll need to have enough capital before setting up your business. Your capital depends on the scale you intend running. With ₦400,000 you can start a mini-production of garri. To venture into small scale production you might need up to ₦2 million while ₦5 million will set up an established garri production ...

8. Livestock Farming. The country's growing population and demand for protein-rich food make livestock farming a significant and rewarding business in Nigeria. Nigerians have a strong preference for animal protein, including meat, milk, and eggs. Livestock farming allows you to tap into this consistent demand.

The most lucrative businesses in Nigeria include agriculture, restaurants, furniture, real estate, oil and gas, haulage and logistics, car wash, and transportation. All these businesses offer great returns on investment and are perfect for the Nigerian clime. In this article, we'll share 8 of the most lucrative businesses to start in Nigeria ...

The Fee for registering the business (venture) in Nigeria –N15,000. Legal expenses for obtaining licenses and permits as well as the accounting services (software, P.O.S machines and other software) – N30,000. Marketing promotion expenses for the grand opening of Joseph Ileaboya & Sons Stone Quarry Company – N150,000.

Quarry business is a highly lucrative business, although capital intensive. The quarry business is an important sub-sector in the Nigerian construction industry. Buildings for shelter, road for transportation and others are everyday necessities; hence …

A full grown goat sells for between N15,000 to N40,000. 9. Snail Farming. I see Snail Farming really picking up in Nigeria very soon — but if you don't hurry up, others will make all the money before you realize what you are missing. The potential in this business for you is about N50,000,000 Annual revenue. 10.