Business opportunities to invest

inNigeria

ByAngela Ihunweze(Mrs)

Business plan /entrepreneurship consultantwww.angelaitambo.com.ng

08033280453

Contents

What are business opportunitiesFacts about Nigeria that needs urgent

attentionThe effect of unemployment to our polityWhat can be done?Opportunities that can drive that changeThe mutiplier effect.

What are business opportunities?

Business connotes: In breaking down the words for easy understanding is the exchange of goods and services for money.

Opportunity connotes: circumstances which will be conducive to do something

In a nutshell; business opportunities are circumstances which makes it conducive to trade or engage in commerce which will result to money making

continues

Business is about meeting needs with the available resources at your disposal.

Identifying connotes: the ability, the enablement to recognize. In doing so the following should be taken into consideration:-

The environment in question.The decision of the individual whether to

meet needs or wantsMotive for doing so.

Population estimated to be above 170million

The most populous black NationGreatest percentage of the unemployed

are women and youthsHas a consumable market of 120million

The effect of unemployment to our polity

High mortality rate due to poor living standards as well as poverty

Increase rate of human traffickingIncrease in the rate of intelligently executed

crimes against the society which affects allUnrest in the polity whereby unscrupulous

power hungry individuals insight this individuals to cause unrest for their selfish needs to mention a few

What can be done?

Creation of jobs jobs through the private sector which can create a value chain whereby it will lead to the creation of entrepreneurial opportunities for both the women and youths (Literate and Iliterate ones)

Set up causes that are social enterprises to address this issues especially human trafficking through a dignity in labour initiative , likewise addressing the intelligent crimes in our society.

Opportunities that can drive that change

As an organisation the setting up of some enterprises which can create a value chain is necessary .

As a firm we have identified the followingAgro-allied sector, this sector has huge potentials in

terms of creating wealth as well as creating value chains which can lead to the setting up of several entrepreneurial activities to reduce unemployment. e.g the setting up of a farm for crop production as well as animal husbandry especially in fishery and poultry . This can lead to creation of several businesses from processing of this livestock into frozen foods.et.c

Manufacturing especially in the production of table water, it is estimated that with an estimation of 170 million people we donot have enough to meet the demand. In addition Industries in agro and agro-allied sub-sectors including fruit and vegetable processors, cereal milling, feed mills and vegetable oil processing.• Industries which support food production programmes through local manufacture of chemicals, equipment and light commercial vehicles in particular, and chemical as well as petrochemical based manufacturing industries

Education system is at its lowest, research shows that our present educational system is not ideal and further training on present day skills will be ideal.The setting up of ICT skills acquisation centers and skills acquisition will be appropriate. This will further create jobs as well create a value chain in addition Educational establishments; the growing population has created gaps which can be turned into business. Apart from the usual opportunities such as crèches, nursery, primary, secondary schools and the liberation of tertiary institutions. There opportunities in skill acquisition and vocational schools, tutorials that guarantee results for examination students

Creation of adult education centers Production of books and stationeries After school centers for children to wait for their parents

Services such as the following. The use of one’s talents and experience to start a business:-

SingingCookingOrganisationCounsellingDriving.e.t.c

Tourism and leisure; The provision of incentives in the 1990 National Tourism Policy were also to enhance private sector participation.

Heritage/Cultural Tourism Resources Development of slave trade relics

Establishment of museums and preservation of monuments

Wildlife Tourism Resources Development of hiking trails and Jeep tracks in the

national parks Development of picnic and camping sites at

strategic locations within the trail circuit system in the national parks

Building of tourist lodges Building of reception centers at Natural/Physical

AttractionsChildren fun centers

FYI

For more information on each opportunity do get in touch with us .

Angela Itambo . 08033280453www.angelaitambo.com.ng