There are many different investment opportunities in Nigeria that may suit our different needs! Some people believe that saving money is a great investment opportunity; they save money in the bank and invest it straight to the bank.
Granted, saving money is very important. The savings alone should not be considered equal to making an investment. Why anyone would save their money only to yield 1% or 2% or even 3% interest is a total mystery.
Some may think it's great! However, this makes no sense at all. Especially not, if you want to take into account the inflation rate and really talk about investments.
Again and again we hear from some financial gurus the same good advice that I myself follow also. But somehow I think that there seems to be even more.
I would like to just take a look at few investment opportunities in Nigeria: Everyone is looking for the best investment option in the country with the best returns. Recent studies show that there are a lot of options depending on how well your account is.
Oil and Gas: A lot of investment opportunities in Nigeria abound in the natural gas sector of the petroleum industry.
Mining and Processing of Solid Minerals: Nigeria is a mineral rich country and has around 34 different minerals distributed in the country. Though not all the mineral occurrences will ultimately have enough reserves to be of viable interest to mining companies, the Nigerian government is leaving no stone unturned in its increasingly sustained efforts to delineate and objectively demonstrate the potential and encourage investments in all mining sectors.
Floriculture: Another major opportunity exists in the floriculture and in experimental orchards for temperate fruits like apples, grape-vines and pears. Some of such orchards are established in the high plateau regions.
Shares: With shares one can benefit directly from the economic performance of companies in Nigeria and around the world. Not infrequently, this makes it possible to earn a fortune. Most importantly, the stock is a long term investment. Anyone who needs to see his money in future needs to invest in shares.
Real Estate Investment: From the business ideas listed, this is one form of investment in Nigeria that is more stable with the economy, it appreciates every day. Right now, Nigeria is one the countries in the world where land and property is most expensive.
For instance, if you buy land or property now anywhere in Lagos and its environs, you are sure to make 100% profit within five years. You can buy and quickly resell and make profit. Or you buy, keep and sell later
Haulage Services: The cost of taking a truck from one place to the other in Nigeria is between N20,000 to N200,000 per trip. Due to poor rail transport system, most of the Nigerian goods are transported through the road, making haulage business in Nigeria a viable one.
There are other forms of investment opportunities in Nigeria not listed here. The country offers today’s investor access to years—perhaps even decades—of rapid economic growth off a very low base, abundant natural wealth, an improving political landscape and a young, growing, urbanizing and increasingly educated middle class population.
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