25 LISTS OF INVESTMENT OPTIONS FOR INVESTORS IN NIGERIA

 BY UWEM BASSY

My guess is this, you’re probably
an investor in Nigeria, with no
clue as to where to dump your
money for profitable returns.
You therefore are interested in
the lists of investment options
for investors in Nigeria. Yes? Well
this piece is for you, so read on.
Another guess, you’ve probably
gotten over any initial fears you
must have had over investing
your money, yes? Well like they
say “Entrepreneurs are risk-
bearers” so hopefully by now
you already know that there
are still certain super lucrative
investment options out there,
which I really wouldn’t want a
fearless business enthusiast like
you to miss out on so I kind of
compiled a list of easy, quick
returns investment opportunities
for you. Check it out!
1. Livestock farming. This
is a booming industry with
so many investment
options. It is very
important in the lists of
investment options for
investors in Nigeria
Poultry farming
Cattle farming
Rabbit farming
Quail farming
Snail farming
Sheep farming
Goat farming
Tilapia fish farming
Piggery
Grass cutter farming
In a population of 150 +million
this business will blow your mind.
Ok, quick information, very soon
the federal government of
Nigeria will ban the importation
of frozen fish, you’re following
me now right. Yes! Once this bill is
passed and implemented, Local
fish farmers will hit jack pot, so
what are you waiting for? The
fish farming business terrain, as
popular as it may seem is yet to
be adequately explored. Of
course you probably know
already that the federal
government of Nigeria has placed
a ban on importation of live or
frozen poultry birds. As expected
it has only helped explode the
demand.
All that is necessary for this
business is adequate and
practical knowledge and if you’re
patient enough you will reap
immensely. So there you have it.
You can even start from your
house. Livestock farming in
Nigeria is probably the best bet
for investors, with so many
options ranging from animal
production to feed production to
drug production to equipment
retailing. The opportunities are
endless!
2 Agro-products
exportation. This is no doubt
one of the most important when
considering the lists of
investment options for investors
in Nigeria. We are blessed with a
very rich food culture in Nigeria.
With lots of foods and natural
resources. Most foods we
consume are actually processed
from their raw states into
finished edible products. Nigeria is
a major exporter of raw food
supplies to countries such as
India, Vietnam, USA, UK, China etc.
everyday tons of raw materials
and Agro food products leave
the shores of Nigeria to other
countries. Major products that
are high in demand both within
and outside Nigeria are chili
pepper, mango, kola nuts, bitter
kola, cassava flakes (Garri),
cocoa, groundnuts, yam flour,
cashew nuts, cotton etc.
You can tap into this mega
investment opportunity. It’s
really simple, first you’ll need to
register with the Nigerian export
promotion council, and next you
can then decide on the specific
product you wish to export.
3 Mining . Nigeria is blessed with
an abundant supply of mineral
resources such as limestone,
coal, iron ore, bitumen etc. point
to note, the mining industry is
guaranteed to “Blowup” for
good, as there are little or no
investors at all in the industry
and as such is untapped also,
the federal Government in June
2013 implemented a policy to
drive forward the mining
equipment duty free. The
government is also going after
many dormant investors who
were granted mining licenses but
are currently not using it. This is
expected to spur the growth
and development in the mining
sector. So, instead of leaving
your money in the back, you
should probably tap into this
sector, while it still has minimal
competition. With adequate
finances and a competent team
you may want to position
yourself in this sector
immediately.
4. Mini oil-refinery. The
potential in the oil industry
cannot be overemphasized in the
lists of investment options for
investors in Nigeria. So without
much talk, building a private
refinery for the purposes of
refining crude oil is very
profitable in Nigeria, if not one of
the best investment options to
jump into. Now, with the total
removal of fuel subsidy,
investors now have the
awesome opportunity to set up
and establish their own refinery
and begin fuel production. With
your crude oil refinery business
you are destined for quick and
fat returns
5. Inland waterway
transport. This is a business
with so many prospects. With
Nigeria’s broad network of inland
waterways which comprises
rivers, creeks, lakes and seas;
this business is destined for a
boom. And yet inland waterway
transportation still remains a bit
of a challenge mainly because
investors are yet to tap into
water transportation. All that is
required is getting the technical
know-how on how to run the
business smoothly. And then
establish your company, obtain
license from the state and
federal governments, import or
purchase some locally made
boats, and you are good to go!
6. Establishing a TV/Radio
station . It is probably a known
fact that the mass media
industry is now currently
saturated in Nigeria. However,
this is only true for some cities
in Nigeria mostly Lagos and
Abuja. If you do your research
well, you’ll discover that most
states have no private TV
Stations, and mostly rely on the
government owned TV stations
which are largely incompetent,
uncreative and unreliable.
There is still a gold mine waiting
to be tapped by daring
entrepreneurs and investors
with the interest and
competence in broadcasting or
mass media so you can either
choose to setup a radio station
or a TV station or even both.
This business venture can indeed
prove to be profitable with of
course adequate funding to
commence. So for the investors
out there, looking for lucrative
ventures to invest in, here’s
one. Therefore, consider mining
as important in the lists of
investment options for investors
in Nigeria.
7. Security company: there is
a very huge demand for
excellent security services in
Nigeria. Parallel to the
government’s battle to improve
the current security situation in
the country. Individuals and
corporate entities are also now
becoming aware of the fact that
security is not the sole
responsibility of the government;
hence the current rise in
demand for security personnel’s
such as security guards,
executive protection
professionals, security devices
and gadgets etc.
You could easily become a part
of this industry set up a security
guard recruitment outlet or
training company or you could
set up an executive protection
or bodyguard agency. Also
trending in this field is the
importation and retailing of
security products and high tech
safety devices. The lists of
investment options for investors
in Nigeria is not completed
without this sector.
8. Construction Company.
Nigeria is laden with massive
construction projects. If you
have the financial capacity to
assemble the needed team and
machinery for a construction
company, this is definitely a
business you should consider in
the lists of investment options
for investors in Nigeria.
9 Real estate development.
The fact that there is a massive
need for buildings, both
residential and commercial is
indisputable. Shelter is basically
an indispensable need of man
hence for those investors out
there piling up money in the
bank, why not invest in real
estate? You can choose to
invest in developing of hotels,
school hostels for students,
shopping malls, residential
apartments, residential estates
events and conference halls etc.
10. Set up a writing
company : this sector looks
unpopular but highly crucial in
the lists of investment options
for investors in Nigeria. There is
presently a lack of quality
writers. And so if you have a
passion and skill for writing, then
you can either choose to write
from home as a self-employed
freelance writer or you can set
up a company, whichever is
preferable. Employ competent
writers and then begin to source
for jobs on line. This business is
really easy to get into and it is
very profitable. Due to the lack
of good quality writers, there is
a huge demand for well written
content locally.
11. Call center agency. Did
you know that the people who
take your calls complaints and
respond accordingly are really
not employees of the telecom
network you patronize? Ok, let
me break it down; this is known
as “call center outsourcing”.
You can set up a call center
agency and work for big
companies on a contract basis.
The beauty about this business
is the fact that you can always
start small by becoming a call
center agent form home. Unless
you want to scale up by
employing more skill and
expertise, it doesn’t require
much initial capital.
12. Recruitment agency. Here
is another interesting business
opportunity for the rugged
entrepreneur. Companies in
Nigeria are no longer employing
full time in-house staff; mostly
now they simply use the services
of recruitment agencies to hire
people based on contract basis.
So why not jump into this
bandwagon and start earning?
Set up your recruitment agency
and connect job seekers to their
dream jobs. You can also be a
corporate executive head
hunter and make money
poaching competent staff from
one company to another
13. Importation of cars.
Nigerians are car lovers, and this
frenzy is translating invariably to
a massive demand for cars,
hence importation of cars is a
sure and profitable way to
invest your money in Nigeria.
14. Importation of wears.
Clothing is of course a basic
necessity, people must wear
clothes and this includes shoes,
bags, underwear, accessories
etc. treading now is fairly-used
clothing, otherwise known as
okirika, but whether used or
new, there will always be a
market for clothes, you can
source your goods from china,
Hong Kong, Italy, France, Dubai
India, Portugal etc.
15. Haulage and logistics: This
is another booming business in
Nigeria for those who want to
examine the lists of investment
options for investors in Nigeria.
This is because regardless of the
weather, people must haul their
goods from one location to
another. In fact, haulage and
trucking business is one of the
most profitable businesses so
far, in Nigeria. The business is
however management intensive.
For investors who are interested
in doing this business but do not
want to be bugged down by
management demands. You simply
need to buy your trucks and
contract it to haulage and
logistics company, which will in
turn pay you a specified cut on
a weekly or monthly agreement
depending on your contractual
agreement.
16. Outsourced bus service.
This business involves providing
transportation services to
organizations that cannot afford
to purchase an in-house vehicle.
Some corporate organizations
can’t afford vehicle for their
executives and staff, this is
where you come in. Your client
base can be schools, hospitals,
NGOS, religious organizations,
corporate bodies etc.
17. e-services. Among the lists
of investment options for
investors in Nigeria. You should
choose e- service if you are the
technologically inclined investor,
you can set up a company
offering e-services to clients,
this can include web designing
and developing, web hosting, App
development, digital marketing
services, search engine
optimization services, banner
design, graphic design, bulk SMS
services, computer training etc.
18. E-commerce. Have you
ever ordered for a product
online? If yes, then you probably
have an idea of what e-
commerce is. You’ve heard of Jiji,
Jumia, Konga etc. These are e-
commerce companies, simply put
e-commerce is buying and selling
of products online. This is a very
lucrative business venture. With
adequate knowledge and a
competent team you are on
your way to e-commerce
success. First you need to know
the basic rudiments of how to
start an e-commerce company.
Then with sufficient funding and
human expertise you are good
to choose this among the lists of
investment options for investors
in Nigeria
19. Waste management.
Waste management is definitely a
business with much potential,
because Nigeria is yet to
implement a proper waste
management system. Businesses
you could start within this
industry include, waste recycling,
waste deposal, junk hauling,
organic fertilizer production etc.
20. Food processing. Food
processing is another lucrative
business to venture into; the
industry is involved in turning
raw food materials into finished
products. Several businesses
exist in this industry such as
Tomato paste production, frozen
food production, yogurt
production, vegetable oil
production, coconut oil
production, fruit juice
production, sugar refinery etc.
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21. Manufacturing. Having
your money piling up in the back
with no major returns is
certainly frustrating. Here’s an
idea, throw it into large or small
scale manufacturing of products
that are in daily need. Products
you can start with are:
toothpicks, tissue paper and
serviettes, candle, stationery,
polyethene bags, disposable
plates and cups etc.

22. Potable water
production . You can establish
your own table water factory
and start producing potable
water, establish yourself as a
brand and begin to enjoy
immense returns from your
investment.
23. Become a cement
distributor for Dangote. All
you need is the right
information, adequate knowledge
and you are in business. You can
start buying and selling cement
on a large scale. You’re destined
for success, because the demand
for cement in Africa is on the
rise, give or take within a year
you’ll be counting millions literally.
24. Bars and clubs. As an
adventurous investor, you may
also want to consider investing
in a bar or a night club. This
business has so much potential
as many adults, young and old in
Nigeria seek a fun night life,
recession or not.
25. Establish a wholesome
car service company. You can
set up a whole some car service
company offering the following
services:
Car wash services
Car maintenance services
Car repairs
Car ‘pimping’ remodeling etc.
These are the 25 lists of
investment options for investors
in Nigeria. With all being said. It is
very important to have
adequate knowledge and
understanding of any business
you want to start. Understand
the possible risks and be ready
to think out of the box every
step of your journey. Hope this
article helped?

About the Author

Augustine Amaechi is an unrepentant Entrepreneur, a Television Host and a seasoned preacher. He started this blog to help aspiring entrepreneur with relevant information on Entrepreneurship.