Top 10 Most Lucrative Businesses In Nigeria
You want to go into business but you don’t know the kind of business that is lucrative in Nigeria, if you were searching then search no more because we will give top 20 lucrative business in Nigeria. in the list you can choose which is best for and go into the line of business and in no time you you will be sure of making millions of naira if done properly
We bring you the best top businesses in Nigeria, the list of businesses we are giving you are made up of authentic businesses, not just some randomly selected junk businesses. The list of businesses are businesses that are high performing businesses you can stake your hard earned capital on and be sure of making profit if done properly
List Of Top 10 Most Lucrative Business In Nigeria
Agriculture is the next revolutionary industry in Nigeria where million are currently being made. Most Nigeria are starting to see the huge potentials in Agribusiness, sector that we have neglecting over the years due to the discovery of oil. Now people are beginning to see the potentials of Agriculture and they are looking into this sector of the economy to create wealth. We list some of the farming in Nigeria that are seriously making profit for other people now.
This is one of the fast growing business in Nigeria, this business is making an average Nigerian rich. It is one of the most lucrative business in Nigeria, it is so lucrative that even outsiders are coming in to invest in poultry farming the business in Nigeria. And why not, In a country of more than 150 million people, what would you expect?. Just start with at-lest 1,000 birds and manage your poultry farm properly, when the turnover on investment begins to come, you will be making millions annually.
Many Nigeria has neglected this part of farming but now most of them have turn their attention back to this aspect of farming in Nigeria because of how lucrative it is now. Cassava derived food are some of the most consumed in Nigeria . If you are ready and willing to do the work or invest in cultivating 50-100 Acre in a fertile area your harvest will be great.
Many Nigerians don’t know about this kind of farming, snail farming is one of the best farming because it is a low capital investment with high yield and market is big. The amount of people doing this kind of farming is very low and most of them are doing it in a very low scale. If you are to invest heavily in snail farming, you for sure make good money you might even make Millions within a year if done properly.
2. Sale of Furniture
Many people don’t know how lucrative this business is. Buying and selling of locally made furniture is a goldmine. Even though you are not a carpenter you can still do this all you need to do is arrange for supply from reliable carpenters while you display and sale in your showroom. This is a very lucrative business in Nigeria because only few can afford the imported designers
READ ALSO;How to Start Poultry Farming in Nigeria
3. Making of Fruit Juice
Base on research Nigerians drinks fruit juice more than any other country. Now you know why companies like La Carcella and Chivita are making billions of naira annually. I know the capital to start is very intensive but if you can afford it, it’s worth it.
4. Pure Water Production
I should not talk more on this because with the name you know big this business is in Nigeria and how many is dispensed daily. Base on research pure water is the most consumed thing in Nigeria. The capital of this business may be much but it is worth investing into.
5. Oil and Gas Business
Nigeria is a blessed country, we are blessed with oil in our land. This present some of the finest business opportunity for Nigeria. Owning a Petrol Filling Station, Supplying of Diesel, and Distribution of Kerosene are some the areas you can invest easily and make good money for yourself. If you can go into this line of business than you can a millionaire at the end of the year.
6. Haulage Services
The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one. Petroleum products haulage and movement of goods from manufacturers and importers are the aspect of haulage in Nigeria that is very lucrative now.
In this sector we talk about the transportation business. The transport companies is badly managed by local chiefs and touts. If you were to invest in this line of business in space of short time that you just started you would be wondering what hit you with is bag of money
8. Investing in Property
Nigeria is one of the countries where land property is most expensive.
9. Importation Of Tokunbo Spare Parts
If you have someone who is any of this country USA, Germany, or Denmark, then this business is for you all you need is to tell the person to gather tokumbo spare parts in containers and ship it down to Nigeria. It has a very high market value.
10. Hotel Business
This one of the best way to make money in Nigeria. you can start from investing in small scale hotel of just 10 suites and sit back and watch the money flows in. In Nigeria is business is among the most lucrative businesses in Nigeria.
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