Best Business opportunities Available in Northern Nigeria ,There are vast number of business oppenings in Northern Nigeria, below are the highest ones you’ll venture in;
This is one of the Best Business opportunities Available in Northern Nigeria, When considering the massive fertile land during this a part of the country, cattle rearing and crop farming are the simplest business to settle in
With most a part of Northern Nigeria dealing mainly on rearing of cattle, the business has been seen together of the foremost popular businesses there. The extensive product derivation from cattle has make it lucrative therein you’ll get the meat, milk, hide and skin, cheese, hooves etc. from it also.
It’s no new news that the majority foods within the country are generated from the north. Sorghum, millet, carrots, cowpea, and groundnut are the most commercial cash crops grown on the north.
Marketing of Agricultural Products
These agricultural products grown within the north are often put into business by selling or exporting them to where they’re on demand. This business involve to easily grow your crops within the north, and begin exporting them outside the country to the market demand.
Groundnut may be a commercial crop there, and far are often made up of it if exported to where there’s high demand for the fabric in overseas. very much like the exporting business is sweet , you would like to satisfy the conveying costs, and therefore the means to start out it.
Trading on Gold and Jewelries
Due to the supply of thes precious natural resource within the Northern region of the country, it’s make trading of jewelries thriving during this region. you’ll cash in of urban areas like Kano, Kaduna and begin merchandizing on these precious stones.
Interestingly, Kano has the most important Gold and jewellery market in West Africa . fixing the jewellery business in Kano is very marketable as people travel from within and out of doors the country to Kano just to shop for these precious ornamentals.
Another advantage is that it costs low capital counting on the sort you enter and therefore the quantity. The merchandizing of Gold and Jewelries may be a preferred business choice to invest within the Northern a part of the country, as you’ll found out your Jewelry shop in any of the market cities there. The business are often extended interationally both for importing or exporting, selling or buying purposes, so on increase your scope and augment profitability.
Ceramics are in commercial quantity in Northern Nigeria, both as raw materials and finished product. This has make the choice of building a ceramic production company within the region available. The business may be a simple setup and assures huge profit if it’s properly managed.
Skilled labour, good storage facilities, and therefore the business location (near your sources of raw materials), are the important factors that determine your success within the ceramic business.
As is with every business especially the manufacturing ones, making it within the ceramics dealing entails having an honest network with the buying market.
Vegetable Oil Production
Groundnut may be a very essential staple and Northern Nigeria alone produces the very best within the whole world. it’s one among the cash crops that’s largely produced within the region.
Groundnut is employed within the production of oil , and this has make it vital . With is large commercial quantity of groundnut within the North, you’ll consider commencing a mill company that produces oil from it.
This is another profitable business opportunity that’s lucrative in Northern Nigeria. fixing a footwear manufacturing company involves producing shoes and boots.
Why the business is extremely illustrious within the North is thanks to the supply of raw materials like animals hides which are important in producing most footwears. Also, there’s a open market to trade on this business in Northern Nigeria.
The northern region of the country is densely populated and sadly there’s a dire need for food there. However, a balance is emerged by the various food and agricultural produce/products available there. These factor has make establishing a quick food or restaurant business during this region lucratious.
This business moves fast intrinsically needs even less capital to run at inception, and is extremely much profit making afterwards. to stay you on target , we had written a guide the way to start a restaurant/fast food business in Nigeria .
Gum is an important staple wont to produce adhesives and glues which are mostly applicable within the rubber industries. With the North being the most important producer of gum, there’s much of business there.
This business option is profitable and therefore the target market are industries like printing, joinery and rubber firms that uses the merchandise .
If you’re trying to find a profitable option in business to start out within the northern a part of the country, then you ought to consider opening a press .
The press may be a sort of business that incoporates producing books, newspapers, etc. it’s a business within the north thanks to the massive populace which can effect on the demand for printing products.
Taking advantage from the availabilty of cotton in Northern Nigeria, you’ll start doing business thereon either as a producer of textile product from cotton or marketer of clothing materials. The demand for and availabilty of clothing materials during this region makes this business worth an eye fixed on.
Selling of Food Items
Northern Nigeria alone has about 150 million people living within the region. With such an outsized populace, the demand for food stuffs is on the high. An optical enterpreneur will see the region worth investing on marketing food items on, knowing surely the profit consequent thereto .
The Northern a part of Nigeria is seen as being business attractive, and intrinsically we came up with this text to list out the business oppurtunities available there. Nonetheless, all details and knowledge here are from research and examination of the region on what business can thrive therein region.