The
following Nigeria Sectors are currently in need of heavy investment through
local or foreign investors. These sectors are capable of transforming the
country economy and also provide more technical jobs for every citizen directly
or indirectly, some of these sectors raw materials and work force to function
effectively are within their disposal, and they are less affected with
financial issue because they are rendering their services to millions of
people.
10: Event Center / Recreational Area.
This
sector of business has the potential to generate millions of naira weekly
because of big / small events that will be hosted in the country. This event
center can serve any purpose like Music Festival, Award Night, Concert, Movie
Premier, Religion Services, and Wedding. A nice and organize event center can
generate at least #200,000 - #10 Million naira weekly, all you need to do is to keep improving on the interior and
conduct regular maintenance or repair at when due.
9: Home / Kitchen appliances.
Most
times, people look down on this sector of business forgetting that everyone
uses it every day. You need spoon, knife, pot, fork and plate in your home /
Kitchen. This has resort to people relying on imported ones to serve the
Nigeria Population. Giving this sector a proper investment and market
co-ordination you are likely to generate millions of naira and also create
hundreds of job for people who will be working in the factory.
8: Cloth and textile factories.
This
sector needs creativity and a good knowledge of what the people want. Having a
tailoring factory that solely depends on kid cloth, adult cloth, casual cloth,
school uniform and many more; it’s a good chance of breaking into the Nigeria
market. Everybody needs cloth for different purpose and having a targeted
audience is a very good start in the line of business. You work with graphic
designer for customize designs and you also work with fashion designer for some
new idea on trending fashion style. Nigeria still depends on imported cloths
which is very expensive to buy unless you go for fairly use ones popularly called
O.K.
7: Recycling Plant.
This
is one of the most easy and lucrative business to invest your money into, you
have all you need around you because you work with what people consume or use
and dispose examples are Nylon, Plastic, Steel, Metal, Paper, Human Waste. You
have two options in this business, you can work as a middle man for heavy
industry by supplying them with raw materials, or you can use your raw
materials for your own production and resell it back to the people. You don’t
need to worry about shortage of material because with the high level of
indiscriminate dumping of refuse in the country you can’t run out of business
easily.
6: Iron / Metal industry.
There
have been increase in the Nigeria Automobile industries; you don’t need to be
told that they will be so much interested in your metal / iron for their daily
productions. You have the opportunity to work with big and heavy industries
that produce metallic objects like pot, spoon, bolt, car parts etc. You
generate millions of naira providing these industries with local raw materials
and also reduce how they source for raw materials outside the country. This
business may need a lot of money to start but the possibility of getting higher
profit is very high and you are guarantee to make profit for a long period of
time.
5: Waste Management.
Nigeria
still practice sock away system of disposing of their waste and this practice
has made some area inhabitable for humans. You got to see damage / leak sock
away smelling to people living around the place. For any investment on waste management system
by providing a plant close to every city or town with a tunnel connected to
every home, there are possibilities of return of investment and also job
creation for people into engineering, welding, plumping. Millions of homes will
find it easy to dispose their waste at anytime with a little month or weekly
cost. You can also recycle people waste for other product, this business is
very hard to implement but its highly profitable for any investors.
4: Water Board / Treatment Plant.
Just
like the waste management system, water board / treatment plant is another area
you can easily invest your money and get back a high and steady profit. This
business can run into 10 – 50 years servicing and providing portable drinking water
to a section of an area or town. People connect to your pipe and they pay a
certain amount of money every week or months. Nigeria is bless with a lot of
water source, so getting it should not be a problem provided are ready to give
millions of homes clean and fresh water for their daily need.
3: Low Housing.
Every
human being needs a shelter, providing low income housing for people is a good
start to sharp our economy, take advantage of the population of Nigeria just
like Dangote and become a billionaire in Nigeria real estate. Don’t build house
that people can’t afford unless you want rats and spider to occupy it for you,
Nigeria has gotten to a stage where we need high raise building so as to save
cost of buying large land for bungalows when we can occupy that number in a
single plot. To get a good profit for your money, you need to focus in
providing a good space apartment that can accommodate 3 persons comfortable at
a very affordable price. It shouldn’t be a block house, there are other means
to build a affordable house like wood, steel, bricks etc. investing in low
income houses is another area to boost our economy and standard of living by
helping people to have a comfortable home to live.
2: Agriculture.
This
line of business has been left behind since the discovery of oil in the
country. Agriculture has so many areas that you can easily invest your money
into. You can be a supplier of food items, all you need is to source out food
items that you can produce to help reduce our dependence on imported food
items. Nigeria is bless with fertilized land for agriculture and 10 million
people needs food to survive and grow, so this line of business is very lucrative
and wise to invest into. You can go into fish farm, cash crop or other item you
can handle effectively.
1: Power / Electricity.
Currently,
Nigeria is facing a huge shortage of power and this single sector has render
millions of job idle and some struggling to survive. For any country to grow
and achieve its full potential, you must first fix your power problems. This
helps other sector of the economy to raise and start living to their standards
and expectations. Providing power to 180 million population is a good
investment and good risk to take because when you get it right, you are solve
millions of problems facing small, medium and large scale productions.
Please
feel free to drop your comment and suggestions below.