{"id":4110,"date":"2019-08-12T01:44:00","date_gmt":"2019-08-12T01:44:00","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=4110"},"modified":"2020-08-05T02:31:58","modified_gmt":"2020-08-05T01:31:58","slug":"quarry-business-how-to-invest-in-quarry-business-in-nigeria","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/quarry-business-how-to-invest-in-quarry-business-in-nigeria\/","title":{"rendered":"Quarry Business: How To Invest In Quarry Business In Nigeria"},"content":{"rendered":"

Quarry is a major sector in the construction industry, it makes Granite a a fundamental product in building construction. From time immemorial using of raw materials for construction and steel fabrication<\/a>, it remains a core product in construction. 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 Marble, Dolomite and Basalt etc.<\/p>\n

Companies like structural steel fabrication adelaide<\/a>, if you require carbon and stainless-steel manufacturing, they can do it, and can also provide you with general design and fabrication services, or quality control services.<\/p>\n

It is found in Enugu, Ebonyi, Kogi, Plateau, Ogun, Oyo, Osun and Ekiti etc. Hence, granite is among the most available and affordable building material. Nigeria been a country located in the tropics The country has these rocks in commercial quantity and it is a means of livelihood for many in some parts of the country.<\/p>\n

An investor would require millions of naira to start and operate a quarry. The actual cost would be based on the scale the investor wants to start the business. The cost of the machinery required for the crushing of the granite which make up between 60-70% of the cost of the establishing the business is based on the three {3} factors which are the input of granite, the output of the granite and the capacity of the machine required. The investor would need acquire\/lease a rocky land for a period of 1-5 years and site a quarry for the manufacture of granite for sale to developers or to be used as raw material for the production of flooring tiles to the get used by the Solomons hybrid flooring stores<\/a> to sell the best flooring materials, marbles and antiquities etc.<\/p>\n

Commonly found in garages and basements, epoxy is a combined chemical that consists of a resin and a hardener which, once dry, produces a tough, long-lasting coating. In addition to being strong, this coating is impenetrable to oil and is slip-resistant, making it an excellent product to use on flooring in a heavy-traffic area which uses vehicle weighing scales<\/a>.<\/p>\n

However, the industrial world isn’t the only place where epoxy flooring is hailed. Within the design industry, a good epoxy flooring contractor<\/a> is recognized as being more than just a way to protect a floor. It’s also viewed as an extremely versatile product, capable of transforming a ho-hum area into a show-stopping work of art. So, even if you don’t need an industrial strength floor, you might consider getting epoxy flooring for its aesthetic appeal. At epoxy flooring toronto, they\u00a0 provide Garage Floor Refinishing<\/a> services to home owners.\u00a0<\/span><\/p>\n

Along with Epoxy Garage Floors, we install garage cabinets, slatwall and overhead racks!<\/p>\n

Installing cabinetry is the first step towards decluttering your life and realizing the full potential of your garage.<\/p>\n

Part of the interest designers have in epoxy flooring is that once completely dry, the floor will present a high, glossy shine. Although this gloss is common to any epoxy brand, many companies achieve this look by putting an additional topcoat over the standard epoxy mix. Fortunately, with some companies, that’s not necessary. All of their epoxy mixes contain a built-in UV inhibitor -the ingredient necessary to produce long lasting sheen. This gives the buyer a professional shine without the added work.<\/p>\n

Another reason that epoxy flooring is on a short list for designers is that it can be easily personalized. The two chemicals that are mixed together to create the epoxy are also referred to as the base coat. And, gray is no longer the only option when choosing a base coat. Now, basecoats are available in any color imaginable. This means that designers can select a color that compliments, contrasts, or highlights the space they’re reinventing. The color options are only limited by the company that offers them. You are encouraged to check out the many colors at their disposal. Some sites, you’ll also find an Interactive Design Tool. Here, you can view the colors and get assistance in deciding which is the right shade for your project.<\/p>\n

The personalization of epoxy flooring does not stop at basecoats. In addition to choosing a floor color, buyers also have the option to enhance their floor’s uniqueness with anti-slip flecks. Generally, these anti-slip agents are chips that come in various colors and are sprinkled on top of poured epoxy (prior to it curing). Anti-slip flecks are made of acrylic and provide a decorative touch to an\u00a0epoxy floor. Available in a rainbow of colors, these flecks, in conjunction with the base coats, give epoxy flooring a burst of color. The Interactive Designer tool on these sites is also a great resource to match up base coats and flooring flecks.<\/p>\n

After leasing the rocky land, the investor will then have to purchase heavy quarrying equipments like; The Crusher, Excavator, Pay loader, Way bridge, Dumper, Carriage trucks (10-40 tons capacity) etc. Technologically, Nigerian Quarry still rely on importation of required equipment from Europe, USA and China ,until we get a better local production5. The investor can choose to lease a complete quarry that has been poorly managed with all the equipment intact. The next thing is technical expertise, the technical know-how aspect is very important because this is the key to success in this business.<\/p>\n

Presently, the Chinese technically crew are enjoying patronage because of their technical skills Furthermore, after fixing the technical and mechanical need of the business, another thing is Effective and Efficient management of the Man, Machine and Material to achieve result (profit making). Thus, the need for a business and or management expert that can make things happen.<\/p>\n

Note that no matter how good your production, machines & staffs are, without a good marketing structure, the business will fail. As a quarry owner, you could sell to agents and suppliers or directly to the final user.<\/p>\n

The following are imperative while setting up a quarry<\/p>\n

1. Perimeter Survey Of the Quarry<\/p>\n

2.Cadastal Survey<\/p>\n

3. A registered Company Name<\/p>\n

4. Exploration information (Geo Survey) GPS Reading, report writing, activities and Findings<\/p>\n

5. Application Form from Abuja, attestation Form from Abuja to be filled by a Lawyer<\/p>\n

6. Bank reference ,capability of Finance in a format different from Statement of Account.<\/p>\n

There are rocks spread in various towns in Nigeria,these rocks spread in acres and in most cases cannot be managed by one company. Some rocks are even outcrop to about 120 ft above the ground level and about 100 ft below the ground..<\/p>\n

One of the Title available by most of the owners is the “DEED OF OWNERSHIP”. Also investors have the opportunity to lease some of these rock endowed land and explore the minerals for a set numbers of years and the minimum is usually 10 years.<\/p>\n

The lease cost range from N2m to N5m per year. To own a Quarry Investors need to submit an J at the ministry of solid minerals and this can be easily done by Lawyers who are familiar with this process to get Approval for exploration.<\/p>\n

Examples of a major quarry in Nigeria are western quarry ltd in Odeda Ogin State, Femab-Oriental Quarry Ibadan. The company (Femab-OrientalL) has two Quarry one is located at Arapaja Town around Ibadan Toll Gate near Guru Maharaji Temple. The Quarry has an installed capacity of 260 Tons per hour with a total of 6Million Metric tons in Reserve.<\/p>\n

The second Quarry is located at Onikainkain Town in Ibadan ,it has an installed capacity of 260 Tons per Hour with a Granite reserve of 10 Million Metric tons. These companies are among the biggest producers of Granite stones in Nigeria.<\/p>\n

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Quarry is a major sector in the construction industry, it makes Granite a a fundamental product in building construction. From … <\/p>\n

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