12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog

12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
Nigeria market place
The Nigeria economy has been suffering from one economic problem or the other. The steep decline in oil price on which the nation depend so much on, decline since 2014 to present date .the fall in foreign exchange  earnings has lead to serious shortage in raw material and spare parts and to the mass retrenchments of worker, unemployment  for the youth which have lead to various social vices in the nation.

The problem confronting Nigerian economy, one may be tempted to ask what has been the role of small and medium scale industries, why so many unemployed youth are in the country compare to other part of the world like Europe, Asia and America.
It makes an unrealistic assumption that Africa continent are bless with bad leaders compare to other part of the world. Nigeria, like most other advance countries such as Britain, Canada, and united states have predominate investors like, Bill gate, Michael  faraday, Charles Barbeque and many more others.
In creation, there is nothing greater than Man, as a seven years old child, Bill Gates in response to his mother’s call replied from one corner of the house “mama I am thinking don’t you  think” is it wonder that he grew up to become the richest man on earth.
We are going to look at various business you can venture into in Nigeria that will make you great a entrepreneur.
1: AGRICULTURAL PRODUCTS.
    
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
Planting of Cocoa, Rubber, palm oil, rice, cotton, kola nut, cashew, plantain cassava and other crops will serve better when thinking of investment in Nigeria. Accordly to The European Union (EU) delegate to Africa “ Michel Arrion, told Nigeria Government to export more of agricultural product to European countries to serve as means of foreign exchange to the nation. It will be a better position if the advantage is taken, Nigeria consume more of foreign product comprise of Rice from Thailand, cotton clothes from china and other raw materials that can be source and process in Nigeria.
2. E-COMMERCE BUSINESS.
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
The effective functioning of ecommerce website has increase from 13% to 17%but it is expected to increase to 25% in future, hence 80 Percentage of the world now buy items from online by making it easier for them to shop online without stress. Taken JUMIA Online and KONGA as the major players in Nigeria market. It will be easier to turn you interest by selling items online which bring in the money.
3. HOTEL BUSINESS INCLUDING ONLINE BOOKING

 

12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
The business is a gold mine but it required Huge capital startup, However
you can start up one with a lease property pending on when you can get the
money to build up your own hotel, money flow in the quality of ideas that flow
through your mind, you can design an online platform for hotel listing which will
involved booking and reservation. a good example of hotel booking online portal
are Hotel Ng, jovago and many others.
4. HAULAGE AND TRANSPORTATION
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
Looking at the physical, anyone who has ever participated in transport and haulage business will testify that the business is viable. Nigeria as a nation has poor transportation system including poor trail for moving of goods and people from one destination to another, once established you will recover your initial capital within some few months of operation thus the business capital intensive
5. REAL ESTATE BUSINESS.
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
 
Nigeria been a under developednation with poor housing mortgage, the best way to turn millionaira is gettinglanded properties, housing at cheaper rate then sell them when the properties
has appreciate more value also developed the land and rent it out  as life investment.   It has
become a great worry in Lagos, river and Abuja of getting accommodation atcheaper rate, depict the Government housing policy
6. PURE WATER BUSINESS.
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
In spite of the fact that this business needs some capital intensive, it can be justified regardless of
your effort and time and cash over the long period especially in the event that you can oversee good water production both in sachet and bottle and keep the quality in place over period of time your effort will yield good result.
7. OIL AND GAS BUSINESS
 Nigeria has huge amount of solid mineral and crude oil deposit. So the area itself introduces the best open door for you totake opportunity of it,you can start up filling station, mining, exportation ofcrude , distribution and production of insecticide
8. CAR WASH
      
12 Kind of business you can start up in Nigeria as youth entrepreneur -koko level blog
 

 

Chose a commercial city for this kind of business, places like lagos, portharcort, Abuja, and many
other good capital city in Nigeria
9.SALES OF BUILDING MATERIALS AND CONTRUCTION.
 
Building materials and construction is blasting in Nigeria everyday due to high rate of demand compare to the supply side, as Nigeria populace grow in number simultaneously, Nigeria now has a
larger population with little or no housing. It will be a gold mine to venture into sales and construction for house, school, hotel, churches and mosque, and industrial buildings this kind of business yield in high rate of return for investment with good profit margin.
10. BLOGGING
 
With the recent trend in Nigeria social platform bloggers are making huge amount of money  either from adsense from Google, direct advert from company and sponsored ads .A good example of various blog in Nigeria that is making huge income are, Linda ikeji blog, bellanaija, lailasblog,
kokolevelblog and many more other bloggers.
11. SCHOOL BUSINESS.
One common thing with successful people is their ability to take risk. School is a lucrative business by owning you own private school that will involved in day school, boarding house, evening
class and adult education both for reading and writing. You should considered location and states when starting up school.
12 Cleaning AND LAUNDRY.
 
To establish a good laundry business you need to an expert in the field, an expert cleaning business and keep your rates low and good quality service entirely high. This sort of business is
particularly beneficial in a major city, or urbanized area in Nigeria.
What is your problem? Are you unemployed? If you are an impossibility thinker you probably think that a job would solve all your problems. The truth is that employed people have problem too. Most people who have job complain about the fact that they have to go to work on Monday morning. And countless people have jobs they don’t like. They are given five days a week to unhappiness. They work to live rather than live to work. They hate their jobs and drag their feet to office or factory. Once there they devote a great deal of their time to negative thoughts. They focus on uninteresting aspects of their job. You can as well create a job for others, you can be a good entrepreneur, like Bill gate, Mark Zuckerberg, Larry Page and Sergey Brin and many others investors.
“I m probably leaving out some information what other tips can you provide about this issue? share your story in the comments to join the discussion”

 

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