There are a lot of unemployed people in Nigeria. And when I think about this, it really saddens my heart because I strongly feel that there are lots of business opportunities and untapped ideas that the average Nigerian can tap into and start making some money from, however small.<\/p>\n
I know some people would say “What about capital?\u201d, but the fact is that not every business requires huge capital to set up for example cross dock service<\/a> which only needs a decent piece of land to get started. There are even some businesses that could be started for less than N10,000 or N15,000, so capital really shouldn\u2019t be so much of a stumbling block that would stop any serious entrepreneur from starting small and building a profitable business in Nigeria<\/a>.<\/p>\n Here are ten lucrative business opportunities that you should consider venturing into if you’re looking to start your own business.Before moving towards our list, let me tell you one think which ever business you are starting, it requires to be establish digitally. So for getting noticed early Rank Jacker<\/a> is the one who helps lot for Digital Marketing.<\/p>\n Poultry farming is one of the best and most lucrative business ideas in Nigeria right now. This has a lot to do with the fact that Nigerians love meat a lot especially Poultry. Just go to a party on any Saturday and you\u2019ll see just how much poultry meat is consumed in these parties every week.\u00a0Let\u2019s not even talk about the ones we consume in our homes, in restaurants and eateries.<\/p>\n The demand for poultry meat is so high that a lot of dealers of poultry products resort to smuggling these items in from neighboring Republic of Benin just to meet up with demand. This ought not to be so considering that poultry farms are fairly easy to set up and could even be set up in your backyard. There are lots of products you can sell as a poultry farmer; you can package and sell frozen poultry meat, you could distribute and sell eggs or you could eve sell day-old chicks to other interested poultry farmers.<\/p>\n Snacks making is another hot business opportunity in Nigeria. If you\u2019ve ever been on Lagos-Ibadan express road or on Benin-Ore express road, you would see how lots of Nigerians make their living from selling pre-packaged snacks like plantain chips, Coconut Chips, Potato chips, Chin-Chin and Popcorns to mention few.<\/p>\n You can set up a similar business as well and supply your products to supermarkets, schools and grocery stores or get salesmen to help you sell them at roadsides and in strategic selling places for a commission.<\/p>\n This is a business that a lot of people would ignore due to its \u2018messy\u2019 nature but this messy business has turned a lot of Nigerians to millionaires.<\/p>\n It\u2019s really simple, what needs to be done is to look for people who can go around doing scrap metal pick up<\/a> <\/span>or buy metal scraps if you cannot do so yourself. Or you could set up a metal scrap depot where people can come and sell their metal scraps to you for a token. These scraps are usually bought by importers in China and other countries for production.<\/p>\n If you noticed, Nigerians have embraced agriculture these days like never before and livestock farming is becoming increasingly popular.<\/p>\n But like I always tell people, don\u2019t do what everyone is doing.Instead you should look for how to provide what everyone is lacking. So instead of going into livestock farming, consider production of livestock feed that livestock farmers would use to feed their animals.<\/p>\n Nigerians have learnt to pay more attention to their health and eat right and at this time, nothing would sell better than natural fresh, fruit juice in a mobile cart which people can use to quench their thirst on a hot afternoon in place of soda.<\/p>\n You could also consider making furniture for home and office use. You don\u2019t have to be a furniture maker yourself to start this business; you could employ good furniture makers who you would employ to make solid furniture for you and simply handle the marketing and promotion aspect of the business.<\/p>\n You would agree with me that Nigerians don\u2019t joke with the “stomach infrastructure”.This is why a mobile restaurant would be a great idea especially for the working class ones who barely have enough time to grab a bite before leaving their homes every morning.<\/p>\n This is another business that is fast gaining a strong reputation in Nigeria. It involves training people on short courses, helping students with assignments and projects and basically imparting knowledge over the internet.<\/p>\n Call us vain but we are Nigerians and we love looking good. Ten years ago, this kind of business may not have made sense, as fitness was kind of an alien concept to Nigerians. But these days, just claim you have any product that would make people slimmer, lighter, have flat abs, pink lips, long hair, full lashes or enhance the body in anyway; you would have dozens of Nigerians swooning to you like bees do to honey.<\/p>\n Lastly, you can start a mini-importation business and start making money from importing items like laptops, phones, computer and electronic gadgets and accessories, clothes, shoes, jewelries and any other hot selling product in Nigeria.<\/p>\n Taxi business<\/strong><\/p>\n With car apps like Uber and Taxify, it\u2019s quite easy to start a taxi business even if it\u2019s your personal car. You just need to get registered on any of these platforms and you\u2019re good to go.<\/p>\n Creche<\/strong><\/p>\n Busy professionals are often in a dilemma of where to put their kids when they are working. This is where a creche comes in. You can offer to provide this service for working class or busy mum. But you should make sure your creche is neat and well-furnished.<\/p>\n Home tutor<\/strong><\/p>\n If you have a good grasp of some secondary school subjects, you can start a home tutoring service. There are many students that need assistance for their school work and this is where you can make some cool cash.<\/p>\n Phone sales and repair<\/strong><\/p>\n Everybody uses a phone these days and at some point in their phone\u2019s life cycle, they might need to get it repaired. You can start a mobile phone retail outlet along with a repair service<\/p>\n Home cleaning <\/strong><\/p>\n People are busy but they need to get their homes cleaned. And a lot of folks have become wary of getting a maid. Hence a home cleaning service seems like a viable alternative.<\/p>\n You can either offer this service by employing cleaners and overseeing them.<\/p>\n Hair stylist<\/strong><\/p>\n You can meet the hair dressing needs of women by starting a hair styling business. You don\u2019t need to be a hair stylist to get started. All you need do is to rent a shop and get it equipped. Then you can employ a stylist to provide the necessary service while you run the business.<\/p>\n Cat fish farming<\/strong><\/p>\n Cat fish farming is quite lucrative with farmers recording profit in millions during harvest. Unlike crop farming, you don\u2019t need a large space to get started. Interestingly, it takes just a few days to learn the basics of this business.<\/p>\n Poultry business<\/strong><\/p>\n Poultry business is another lucrative business opportunity particularly for the eggs whixh is a staple in the average Nigerian diet. Also you can sell your birds during festive period.<\/p>\n However, your poultry business requires proper supervision and care if you want to reap an abundant harvest.<\/p>\n Event planning<\/strong><\/p>\n With owambe parties happening almost every Saturday in various parts of the country, there\u2019s a need to plan these events properly.<\/p>\n You can pitch your service to your friends and acquaintance. And if you\u2019re able to do a great job, your business will grow organically by word of mouth referrals.<\/p>\n Real Estate Agency<\/strong><\/p>\n If you can network effectively with the right people you can build a profitable real estate agency<\/a>. For every rent or sale, you will get a commission and sometimes this fee can run into millions of naira.<\/p>\n Many Real estate agencies are now leading the bushiness thanks to their partner with montrealmovers.com<\/a> to make their customers moving to be less stressful.<\/p>\n Photography<\/strong><\/p>\n People love good pictures and any photographer that can capture beautiful moments is certainly going to be much sort after.<\/p>\n If you don\u2019t have the skills, you can learn the business provided you\u2019re passionate about it. The business is quite profitable and you can earn in millions if you\u2019re really good.<\/p>\n E-commerce<\/strong><\/p>\n A compelling reason to start an e-commerce business is the low barrier of entry. Unlike a physical store, you can open an online store with less than N500 000. As a matter of fact, you may not need to hold the physical inventory that you sell. You just need to know the suppliers and know how to get the product once a customer makes an order.<\/p>\n Gym or Fitness Instructor<\/strong><\/p>\n If you\u2019re a stickler for being fit and you have an amazing body to validate your passion for body building, you can offer your service to people. As a matter of fact, you can use your earnings from this service to equip and open your gym. This can further increase your revenue and as your vision expands, you can choose to open several fitness centres in different parts of the state.<\/p>\n Beauty & Makeup <\/strong><\/p>\n The beauty industry has grown exponentially in recent times and almost every young lady these days seems to be interested in beauty and makeup.<\/p>\n Interestingly, you can learn the art of makeup in a few weeks. Additionally, you can include other services in your venture such as the sales of cosmetics and other beauty products.<\/p>\n Employment Agency<\/strong><\/p>\n A large proportion of the Nigerian populace is either jobless or underemployed. If you have the skills, you can start a recruitment or employment agency to bridge this gap.<\/p>\n You can start by pitching your service to small and medium scale business then progress to the working with larger organizations.<\/p>\n Travel Consultancy<\/strong><\/p>\n Travellers are always looking for the best prices and travel agents that can proffer solutions travel issues.<\/p>\n Starting a travel consultancy can be quite lucrative especially in Lagos. However, you\u2019ll need to take some IATA training courses that will ensure you become a certified travel agent.<\/p>\n Logistics Business<\/strong><\/p>\n With the rapid rise in e-commerce business and with the need for people to move things from one place to the other, the logistics business has grown rapidly in recent years.<\/p>\n You can serve as third party logistics (3PL) for businesses or any of the thriving e-commerce platforms. However, you should do some research properly before you start this business.<\/p>\n Bakery Business<\/strong><\/p>\n Everybody loves bread. You can start a bakery business in your neighbourhood. Also, you can include different delicious varieties of bread in order to give your customers many options and keep them coming back for more.<\/p>\n Bakery business is certainly lucrative if you do your planning and research. Also, you should have enough capital to start and maintain your business for a couple of months before you break even.<\/p>\n Education and tutorial centers<\/strong><\/p>\n This is a notch higher than starting a home tutorial. In this way, you can increase your revenue by catering for students that need assistance especially when preparing for exams like WAEC, GCE and JAMB.<\/p>\n The success rate in these exams is usually below average and you can set up a tutorial centre that caters for these students and you\u2019re sure to receive massive returns on your investment.<\/p>\n Computer schools<\/strong><\/p>\n Twenty years ago, you could rise to the top of your profession with a little or no knowledge of computer.\u00a0 But these days, you won\u2019t even get an entry level job without basic computer skills. This is why setting up a computer school can be a lucrative business opportunity.<\/p>\n Satchet water business<\/strong><\/p>\n A satchet water venture is another popular business opportunity which you can never have enough since people are always drinking water on the go.<\/p>\n Bead production<\/strong><\/p>\n Bead production is another growing business venture. Wedding events take place every weekend and one of the popular accessories worn by the bride and groom is beaded jewelry.<\/p>\n Pharmacy store<\/strong><\/p>\n If you\u2019re a pharmacist, it\u2019s quite straightforward. On the other hand, if you\u2019re a non-pharmacist, you\u2019ll need to partner with a pharmacist to setup your store. You can select a neighbourhood where the pharmacy stores are sparse.<\/p>\n Pet breeding<\/strong><\/p>\n There are many lovers of pets especially dogs in Nigeria. You can specialize in exotic breeds like alsation, chihuahua, rothweiler and so on. But you will \u00a0need to invest a little money in getting these breeds.<\/p>\n Barbing salon<\/strong><\/p>\n Every man loves a great hair cut and they will pay any amount to get the right barber. If you can get expert barbers, you can start a barbing salon.<\/p>\n Printing Press<\/strong><\/p>\n There\u2019s always the need to print especially with individuals, small scale as well as medium scale businesses. You can offer your printing service to this target market and you\u2019ll be smiling home from the bank in a short while<\/p>\n Painting service<\/strong><\/p>\n It is very easy to learn the art of painting but if you don\u2019t want to, you can employ painters while you focus on marketing the business.<\/p>\n Catering service<\/strong><\/p>\n Wedding events, birthday parties and business meeting always involve an item 7 (food) and the service of a caterer is always required in this case.<\/p>\n Furniture business<\/strong><\/p>\n It\u2019s not so difficult to starting a furniture business even if you can\u2019t make the furniture. However, you will need to market your products and get enough clients to sustain your business. Also, the furniture business can be very lucrative due to the high margins.<\/p>\n Driving school<\/strong><\/p>\n Owning a car in Nigeria is more of a necessity than a luxury. As a result, there are new people every day looking to learn how to drive.<\/p>\n Once you can obtain the necessary permit from the Federal Road Safety Commission, you can kick start your driving school with a couple of vehicles.<\/p>\n Laundry business<\/strong><\/p>\n Drycleaning is another lucrative business especially in the urban cities. Most people hardly have time for themselves due to their busy work schedule as a result; dry cleaning or laundry business has grown to become very lucrative.<\/p>\n Soap making<\/strong><\/p>\n Soap making is quite easy to learn and can be very lucrative if you can properly advertise your service.<\/p>\n Recharge card business<\/strong><\/p>\n Recharge card business can be very profitable especially if you\u2019re involved in the wholesale aspect of this business. With many resellers buying from you, you can receive a high turnover due to large quantities sold.<\/p>\n Web design<\/strong><\/p>\n Every organization has come to understand the essence of having a website as a result the need for web designers has skyrocketed in recent years. You can work as a solo web designer if you have the skill or you can set up an agency involved in web design.<\/p>\n Fashion design<\/strong><\/p>\n Fashion design has become a trendy career option in recent times. From young school leavers to university graduate, this vocation has become a viable business option and it\u2019s quite lucrative<\/p>\n Blogging<\/strong><\/p>\n Once upon time nobody thought blogging could be a lucrative business opportunity until a certain Linda Ikeji made it quite popular with billions of naira in her account as a result of owning a blog. You too can start a blog today and start making cool cash after few months — provided you play your cards right and target the right audience and topics.<\/p>\n Freelance writing<\/strong><\/p>\n Freelance writers are in high demand by many companies due to the proliferation of websites and the need to promote content.<\/p>\n Plumbing service<\/strong><\/p>\n Plumbing is another high demand business option due to the dearth of professionals in this vocation, people often try to find a professional company. As a result of the small number of plumbers, if you offer a plumbing service you can charge a reasonable amount of money and the number keeps going if you\u2019re really good at what you do. If you are a fresher finalizing the future, here is the guide for fresher about how to become a plumber<\/a>.<\/span><\/p>\n Electrical service<\/strong><\/p>\n Lighting and electrical service is\u00a0 often needed by people from time to time. From churches to project managers, there\u2019s always a reason to hire the services of an electrician or lighting professional.<\/p>\n Nursery and Primary School<\/strong><\/p>\n Starting a school is another viable means of creating a steady stream of income. However, this business can be quite capital intensive.<\/p>\n Fast Food<\/strong><\/p>\n Everyone needs to eat but only a few have time to prepare a proper meal. This is especially common in urban centres where most working class individuals barely have enough time for cooking. You can employ cooks or you can provide the service yourself if you\u2019re a great cook.<\/p>\n Hotel Business<\/strong><\/p>\n People travel all the time and they often need a place to stay. Providing a hotel service can be a way of meeting this need. However, you will need ample capital to build a hotel or refurbish an existing building.<\/p>\n Food export<\/strong><\/p>\n With an increasing need to generate foreign exchange, food export has become a great way to generate income in dollars. However, there are constraints in getting the necessary permit before you can begin to export food items.<\/p>\n Importation<\/strong><\/p>\n With the country largely dependent on foreign imports, you can join the train by identifying a product that is in huge demand and importing it into the country to sell to your numerous customers.<\/p>\n Online Advertising<\/strong><\/p>\n Almost everyone spend a large chunk of their time on their mobile devices as a result, marketers need to reach people through online means. You can take some courses online with regards to online advertising and digital marketing and you\u2019re good to go.<\/p>\n Showbiz<\/strong><\/p>\n The entertainment industry comes with a lot of opportunities. You just need to study the industry and find out these opportunities and in a short while you\u2019ll be counting your cash.<\/p>\n Retail<\/strong><\/p>\n Retail is one of the easiest businesses to start yet it comes with a reasonable return on your investment. An example is starting a retail supermarket in your neighbourhood.<\/p>\n Wholesale<\/strong><\/p>\n Although the margins in any wholesale business are much lower than retail, you can get your wholesale business running if you can reach out to businesses in your niche.<\/p>\n Snack making<\/strong><\/p>\n Making pastries and snack is another hot business opportunities. You can make these snacks in bulk and sell to retailers.<\/p>\n Snail farming<\/strong><\/p>\n Snails are a great source of protein but they are quite expensive. You can set up a snail farm where you can breed them and sell them in the market.<\/p>\n Once you can identify the right, you should do your due diligence in terms of market research then get started.<\/p>\n","protected":false},"excerpt":{"rendered":" There are a lot of unemployed people in Nigeria. And when I think about this, it really saddens my heart … <\/p>\n1.\u00a0Poultry Farming<\/strong><\/h1>\n
2. Snacks making<\/strong><\/h1>\n
3. Metal scrap trading<\/strong><\/h1>\n
4. Livestock feed production<\/strong><\/h1>\n
5. Mobile fruit juice bar<\/strong><\/h1>\n
6. Furniture making<\/strong><\/h1>\n
7. Mobile food vendor<\/strong><\/h1>\n
8. Online tutoring<\/strong><\/h1>\n
9. Fitness and beauty consultant<\/strong><\/h1>\n
10. Mini importation<\/strong><\/h1>\n
Wrapping up<\/strong><\/h2>\n