Share Shares Goat farming is one of the most rewarding animal rearing business anyone can engage in anywhere in the world. Goat meats are widely accepted and consumed round the globe, while the milk is also gaining in popularity and is being sold in supermarkets across the United States, Europe and Asia and represent the bulk of the liquid milk market. A Boer Breed Here in Nigeria, the goat milk is still not yet widely consumed because farmers are not yet taking advantage of the opportunity. Would you be the farmer to make this happen?
When you got to this point, I am sure the agricultural products you had in mind was cocoa, charcoal, groundnuts. Do you know that cassava flakes garri is an agricultural product.
Have you considered exporting yams? You can become an exporter by simply registering with the Nigerian Export Promotion Council and decide on the specific product you wish to export. Mining Nigeria is blessed with a lot of mineral resources like Limestone, Coal, Iron ore, Bitumen, etc.
However, the domestic mining industry is underdeveloped, leading to Nigeria having to import minerals that it can produce domestically. The Nigerian government has implemented several policies and incentives aimed at encouraging investors to invest in the mining industry.
One of these incentives is waiver of import duty on mining equipments. The government is also revoking dormant mining lease. This act I believe, will spur the growth in the mining sector.
If you have the financial capacity and a team, you should position yourself in this sector. Setting up a private mini refinery Investing in the oil and gas sector is a very profitable venture. In Januarythe federal government announced the partial removal of subsidy and with a long term plan to totally remove fuel subsidy.
The implication is that petroleum product importers will now sell as they buy; thus bringing in competition and it is no hidden fact that majority of petroleum products consumed in Nigeria are imported. Building a private refinery and refining crude oil is another business that holds a lot of promise.
With the total removal of fuel subsidy, investors will now have the opportunity to set up their own refinery and produce fuel.
Are you among those that think the total fuel subsidy removal is a pipe dream? I understand that not everyone capital and technical know-how to invest in a private refinery.
But you can still tap into the oil and gas sector by setting up a filling stationstarting mini kerosene retailing depot or establishing a cooking gas retailing outlet.
Inland waterway Transport This is a viable alternative or addition to road and train transport. Nigeria has 8,km of navigable inland waterways that provides business opportunities yet to be tapped.
Notwithstanding this broad network of inland waterways, transportation still remains a challenge simply because investors are yet to tap into water transportation. A lot of countries such as Italy, Thailand, etc have effectively been utilizing their waterways as a means of transport; thus reducing the traffic congestion on the road.
To start up a company that provides inland waterway transport services, all you need to do is to obtain license from the state and federal government, import or purchase some locally fabricated boats; and you are in business.
The major obstacle other than start up capital is getting the license. It is argued that the mass media industry is saturated in Nigeria.
While this can be said to be true in some cities like Lagos and Abuja, in several other parts of the countries, there are no private TV station, and one only rely on the government own TV stations; which are very incompetent, uncreative and unreliable.
There are so many opportunities for fresh entrepreneurs and investors in mass media in Nigeria. One can choose to establish either a television or radio station. The country is currently besieged with insecurity. As the government battle to improve the security situation in the country, individuals and corporate entities are now becoming aware of the fact that security is not the responsibility of the government alone; it is a collective responsibility.
Hence, the increase in demand for security guards, bodyguards, executive protection professionals and security gadgets or devices.Karode ( 19) stated again that until the right Nigeria adopt a Cohesine strategic plan with industrial development against the back ground of the nations resources no body can really say whether we have surplus or optimum functional relationship or not.
Goat farming is one of the most rewarding animal rearing business anyone can engage in anywhere in the world. Goat meats are widely accepted and consumed round the globe, while the milk is also gaining in popularity and is being sold in supermarkets across the United States, Europe and Asia and represent the bulk of the liquid milk market.
This is why every potential business owner must take out the time to research profitable business ideas before they invest in them.
To make it easier for you, we have analyzed hot small scale businesses guaranteed to bring you huge profit in Nigeria. Poultry farming is one of the most lucrative agriculture businesses in Nigeria. Thousands of tons of poultry products are consumed everyday yet, the demand remains unsatisfiable.
A large quantity of Nigeria’s poultry products are imported into the country. But with this aggressive imports. Due to popular demand, we have prepared a robust eBook on How to start poultry business in Nigeria.
In this. To make it easier for you, we have analyzed hot small scale businesses guaranteed to bring you huge profit in Nigeria. Quail Bird Farming.