ProjectsCityNG:



Elder support my own current enterprise and I help you build yours

I don't want that idea of that your first proposal, I need where I can go to within 30 minutes and not traveling to meet you, I don't want that.

Imo is so far away,

Ugonofure1:



I don't want that idea of that your first proposal, I need where I can go to within 30 minutes and not traveling to meet you, I don't want that.

Imo is so far away,

Btw, I am a full bred Lagosian. I never told you I was living in Imo State.


All can be done on phone. It will sell in any State. This is 2024, who travels to meet anyone. I have even developed it on my notepad already as I type.

ForensikOrder:
Hey there! With 5 million Naira in hand and looking for a business venture with a good return, there are several options you can explore. It's great you're looking beyond the usual Uber route. Here are a few ideas that fit within your budget and could potentially offer good returns, taking into account the Nigerian market:

### 1. **Agriculture and Agro-processing**
Agriculture is always a vital sector, especially in Nigeria. With your budget, you could start a small-scale farm focusing on high-demand crops or even poultry farming. If you prefer the agro-processing side, consider setting up a small unit to process and package agricultural products like grains, spices, or even tomato paste, which has a high demand.

### 2. **Mini Importation Business**
Mini importation, where you import goods like fashion accessories, gadgets, and small electronics from countries like China, and then sell them locally online or via a small retail space, can be quite lucrative. The key is to identify fast-moving items with good margins.

### 3. **Food Processing and Packaging**
There's a growing demand for processed and well-packaged food products due to the fast-paced lifestyle of many Nigerians. You could consider setting up a business to process and package local foods such as garri, pounded yam flour, or spices. Ensure high quality and good packaging to stand out.

### 4. **E-commerce Platform**
An e-commerce platform focusing on a niche market can be a good investment. You could create an online store that caters to specific needs (like baby products, organic foods, or beauty products). The key to success here is excellent online marketing strategies and customer service.

### 5. **Educational and Training Center**
If you're passionate about education, consider setting up a tutorial center for students in primary, secondary, or even tertiary institutions. Alternatively, you could focus on vocational training in areas such as digital marketing, coding, or fashion design, which are in high demand.

### 6. **Fitness and Wellness Center**
With increasing awareness about health and fitness, a well-equipped fitness center in a good location can attract a decent number of clients. You could also incorporate wellness services such as yoga and meditation classes or even a small health-focused café within the center.

### 7. **Tech Solutions and Services**
If you have a background in tech, you could start a business offering tech solutions like web development, digital marketing, or even tech support services for small businesses. This sector is booming, and there's a constant demand for tech expertise.

### 8. **Real Estate**
Although 5 million might not buy you a property in highbrow areas, you could invest in land in upcoming areas or consider renovating and flipping properties in less expensive neighborhoods. Real estate consultancy or a small agency focusing on rentals and sales in specific areas could also work.

### Final Words
Before you dive in, do thorough market research to understand the demand, competition, and potential challenges. Also, consider your passion and expertise because being deeply interested in your business increases the chances of success. Networking with industry insiders and potential customers to get feedback before fully launching can provide invaluable insights.

Best of luck, and may your business journey be successful and fulfilling!

Thanks for this wonderful insight

Ugonofure1:



Wayo Man, this a pure scam, this shouldn't be for an OG like me.

Carry your wahala go front

Sincerely it isn't you can check the site it's an MVP I have been working on it for a while. But you are free to your opinion.

Just trying to meet some requirements before applying for preseed from platforms like baobabnetwork and Antler Co.

Primarily revenue will be generated from contests, posting of contents, google adsense and subscription for blue tick.

Already in the process of registering a new company for it


Check out the screenshots below

First, you have to really check what area works best for you.

With 5 million Naira, you have various investment options in Lagos, depending on your risk tolerance, expertise, and desired returns. Here are some ideas:

1. Real Estate: Consider investing in residential or commercial properties in high-demand areas. You can buy land, develop properties, or buy existing properties for rental income or resale.

2. Retail Business: Start a retail business, such as a boutique, grocery store, or electronics shop. Location and target market research are crucial for success.

3. Food Business: Open a restaurant, fast food joint, or catering service. Food businesses can be profitable, especially in busy areas.

4. E-commerce: Invest in an online store selling products that are in demand. You can also consider dropshipping or affiliate marketing.

5. Tech Startup: Invest in a technology startup. Lagos has a growing tech ecosystem with opportunities in fintech, e-commerce, and software development.

6. Agribusiness: Start an agricultural venture, such as poultry farming, fish farming, or vegetable farming. Lagos has a large population that needs food products.

7. Education: Invest in an educational institution, such as a school, tutorial center, or vocational training center. Education is always in demand.

8. Transportation: Start a transportation business, such as a car rental service, taxi service, or logistics company. Lagos has a high demand for transportation services.

Before investing, conduct thorough market research, create a detailed business plan, and consider seeking advice from business experts or consultants.

ProjectsCityNG:




Btw, I am a full bred Lagosian. I never told you I was living in Imo State.


All can be done on phone. It will sell in any State. This is 2024, who travels to meet anyone. I have even developed it on my notepad already as I type.

So if you were the one who has 5million to invest will you invest it in the business of a person you have never met before and without doing any physical due diligence but just based on a telephone conversation...in this Nigeria?!!!

Ugonofure1:
Hello Everyone.

I need advice from the Comrades,
What kind of business will be advisable to go into with 5 million naira and can guarantee a good return?

I don't think buying a car and registering it with Uber will be productive.

Please I need help.

Mods please push forward

To be honest with you, the current economy did not favour any business, we are all just pushing it for better days. Nothing better than providing services for people to get pay these days. But if you must do business, you can consider one of the following;

1. Go and rent a small store and start selling wholesale drinks and bottle watter.

2. Buy land at fairly good location and sell after a year or 2.

3. If you can do transport busines by yourself, you can get a mini bus.

In all you do, avoid any business that will require electricity or generator, a product that can spoil so easily or always put you at the mercy of buyers.

yemmit90:


To be honest with you, the current economy did not favour any business, we are all just pushing it for better days. Nothing better than providing services for people to get pay these days. But if you must do business, you can consider one of the following;

1. Go and rent a small store and start selling wholesale drinks and bottle watter.

2. Buy land at fairly good location and sell after a year or 2.

3. If you can do transport busines by yourself, you can get a mini bus.

In all you do, avoid any business that will require electricity or generator, a product that can spoil so easily or always put you at the mercy of buyers.

Thanks and I appreciate

SavageResponse:


So if you were the one who has 5million to invest will you invest it in the business of a person you have never met before and without doing any physical due diligence but just based on a telephone conversation...in this Nigeria?!!!

Get lost

In today’s fast-paced and competitive tech job market, it’s not just about learning any tech skill that comes to mind, it’s about determining the demand of whatever skills you want to learn: here are the top tech skills to learn this year:


https://www.youtube.com/watch?v=pE8KTw8-Bic?si=8w_PejhIQUXvcI7l

ProjectsCityNG:




Get lost

I know say e go pain you because una no dey like hear truth

Useless money doubler.

I dare you to reply this mention so I will have an excuse to use you to wipe the floor!

SavageResponse:


I know say e go pain you because una no dey like hear truth

Useless money doubler.

I dare you to reply this mention so I will have an excuse to use you to wipe the floor!

Cry me a river. Na me own you, ozwor

ProjectsCityNG:



Cry me a river. Na me own you, ozwor

I now have time for you ProjectsCityNG alias Wodu89, alias Wujio alias alias Zwook alias FarmPlanetNG etc and I will strip you bare for the whole world to see!

If you can go into distribution of FMCG. I just got a job with a Chinese coy at lekki free zone as
a salesman, our company product detergent, liquid soap, groundnut oil, facial makeup. With 5-10m you can get a distributorship, then get a mini warehouse at Lagos Island Market. FMCG business profit margin is not much but turnover and incentives& commissions from the production company are huge.

Be a broker agent by exporting Agricultural products to Asia Country most especially Dubai.
I can put you through if you are interested and also connect you with some buyers at the moment.

Ugonofure1:
Hello Everyone.

I need advice from the Comrades,
What kind of business will be advisable to go into with 5 million naira and can guarantee a good return?

I don't think buying a car and registering it with Uber will be productive.

Please I need help.

Mods please push forward

If You Are Looking into Offline Business That Will Give You Instant Profits On A Weekly Basis Which You Can Gradually Scale Up; Then Go into Garri Production By Setting Up A Garri Factory.


Garri is Hot Cake Now.

With Less Than 3 Million Naira; You Have A Complete Garri Mill Setup.


This is What I've Personally Setup For Myself in Cross River State.


Purchase Your Cassava Tubers from neighbouring Farmers in The West; Process Them into Yellow Garri, And Sell For Profits.


You'll Need Workers For This.


This is A Game of Steady Weekly Income Generation.




The Machines Needed May Be Very Expensive To Fabricate in Lagos; So - It Could Be Wiser To Buy From Cross River State Where Mini-Cassava Grating Machines And Other Necessary Equipments Are The Cheapest in Nigeria.



Point 2:


If You Are Looking For A Business That Will Not Stress You; Then Go into Palm Oil Milling, Merchandise And Storage.



You'll Be Glad That You Did.



Nearly Everyone Consume Garri And Palm Oil.


If You Need Professional Consultation On This As These are The Businesses That I Do Offline; Then - You Can Enrol For Some Consultations.

There Are Loads of Opportunities For You To Satisfy The Food Desires of People Especially in Lagos As A Producer.