Welcome to Topschools.com.ng, the topic is "10 Best business opportunities in Akwa Ibom state: how to make money in Uyo"
The state is blessed with abundant natural resources and has a population of more than 5 million inhabitants.
The state holds record as the current highest oil producing state in Nigeria. Uyo is the capital city with more than 500,000 inhabitant.
Akwa Ibom state is bordered by The Atlantic ocean, River state, Cross River state, and Abia state. English is, however, the major language used in the state for communication, but the different ethnic groups such as Ibibio, Annang, Oron, and Eket, also have their languages.
SEE: 10 Business ideas in Nigeria
In terms of infrastructure, Akwa Ibom state is not lagging behind as there is an international airport, a world-class sports stadium, 2 seaports, an ultra-modern e-library (the first in Nigeria), Hospitals, good roads, and Hotels, etc.
The state has grown to a greater height with so many business opportunities for investors. So this post is going to answer questions such as:
This is one line of business that you can be sure of huge profit. Considering the fact that the population of people in Akwa Ibom state is increasing on daily basis, and there is no family that stays a whole day without eating at least one square meal, this makes selling of foodstuffs a lucrative business line to look into.
Some staple food such as rice, beans, garri and others seems to be the major staple food of many households. So dealing on those food items will guarantee you of daily income, as well as profit.
Another lucrative business in Akwa Ibom state is running a restaurant or eatery( fast food joint). Aside from the fact that some people prefer eating in the restaurant to cooking at home, there are others who do not have many choices other than to eat in the restaurant. Obviously, workers during their lunch time will not drive home to eat. Also, some visitors to the state do not have many options.
The major factor that will help you succeed in this business is your choice of location. So do some analysis on where you want to operate from. Densely crowded places are most suitable for you to excel speedily.
Many visitors throng into Akwa Ibom state everyday for disparate reasons. Some are unable to complete their aims in one day, so they have to spend their night in the state. The obvious choice will be the hotels . So, if you have the financial capacity, stop thinking on how to make money in Uyo. Build standard hotels in the major cities in Akwa Ibom such as Uyo, Eket, Ikot Ekpene and Oron .
You will have a huge patronage especially in times of major events such as sports, and other tourist attractions, as well as oil and gas expatriates.
Many people have turned away from red meat to something more nutritious and with huge health benefits. This has made the demand for poultry to skyrocket, here in Akwa Ibom state and across the country. This has made poultry business one of the lucrative business you can invest in.
The interesting part about poultry farming is that you don't need so much capital to start. Your backyard can be a perfect place to construct your chicken coop . Birds take between 4 to 6 months to mature when properly fed. So you can be sure of getting back your money with huge profit.
These include those shoes and clothes imported from other countries. They are sold on road sides at cheaper rates as low as N50, N100, N200 and so on. Surprisingly, some clothes and shoes you find in the boutiques are from there.
Here you don't have to worry too much about getting a shop, a little space outside your home can suffice, or an open space in the market. Also, people will come to your home and get it when you are known in the business.
So, you don't have to be worried anymore about where yo invest your money. Get someone to direct you on where to buy them from. Go into this business and be rest assured that you will have a lot of customers as well as a huge profit.
Laundry business is one of the most profitable businesses you can invest in Akwa Ibom state, especially in the urban areas. It is one business that guarantees you of daily income.
All you need is to get a shop and buy your washing machine, iron, and generator in case of power fluctuation. You must, however, be ready to work harder because you will definitely have many customers. Your ability to satisfy them and in time will help boost your presence and popularity in the business.
Many events take place in one day and in each of these events, people take pictures. Also, people take pre-wedding photos, snap pictures in birthday parties and even church occasions. Though some photographers go about with their portable printers, but they can't help coming to the studio to produce the videos.
Also, some banners and billboards we see on the roads are from no other place than the graphic design studio, and these are notices that changes after each occasion. So if your financial stand is strong enough to open any of these studios, then you need not wait.
In conclusion, Akwa Ibom state is one of the states with the fastest growing economy in Nigeria. The state government has also promised to make the state an industrialization hub. This is the reason you don't have to keep procrastinating. Start any of the above named businesses today and you will be glad you did.
Let us see how you can make some money in Uyo.
Nowadays, the minds of every business conscious man have grown and everyone is aspiring to make more profit no matter the location.
Nowadays, the minds of every business conscious man have grown and everyone is aspiring to make more profit no matter the location.
This is why we have decided to put a little help to you by providing you with this page that will actually explain some good Businesses to start in Uyo.
We know that the cost of living can be high depending on the person that is involved,
but we shall show you tips to overcome that and still have money to search for the most lucrative and thriving business in Akwa Ibom State.
Akwa Ibom state is one of the states located on the southern part of Nigeria. It was created on 23rd September, 1987.
The state is blessed with abundant natural resources and has a population of more than 5 million inhabitants.
The state holds record as the current highest oil producing state in Nigeria. Uyo is the capital city with more than 500,000 inhabitant.
Akwa Ibom state is bordered by The Atlantic ocean, River state, Cross River state, and Abia state. English is, however, the major language used in the state for communication, but the different ethnic groups such as Ibibio, Annang, Oron, and Eket, also have their languages.
SEE: 10 Business ideas in Nigeria
In terms of infrastructure, Akwa Ibom state is not lagging behind as there is an international airport, a world-class sports stadium, 2 seaports, an ultra-modern e-library (the first in Nigeria), Hospitals, good roads, and Hotels, etc.
The state has grown to a greater height with so many business opportunities for investors. So this post is going to answer questions such as:
- What are the business opportunities in Akwa Ibom?
- What are the investment opportunities in Akwa Ibom state?
- What business opportunities exist in Uyo?
- How to make money in Uyo
- What are the best businesses to do in Uyo?
- How do I start doing business in Akwa Ibom state?
1) Dealing on food-stuff:
Some staple food such as rice, beans, garri and others seems to be the major staple food of many households. So dealing on those food items will guarantee you of daily income, as well as profit.
2) Running a Restaurant/Eatery
The major factor that will help you succeed in this business is your choice of location. So do some analysis on where you want to operate from. Densely crowded places are most suitable for you to excel speedily.
3) Hotels business
You will have a huge patronage especially in times of major events such as sports, and other tourist attractions, as well as oil and gas expatriates.
4) Poultry Farming
The interesting part about poultry farming is that you don't need so much capital to start. Your backyard can be a perfect place to construct your chicken coop . Birds take between 4 to 6 months to mature when properly fed. So you can be sure of getting back your money with huge profit.
5) Trading on fairly worn clothing (ok)
Here you don't have to worry too much about getting a shop, a little space outside your home can suffice, or an open space in the market. Also, people will come to your home and get it when you are known in the business.
So, you don't have to be worried anymore about where yo invest your money. Get someone to direct you on where to buy them from. Go into this business and be rest assured that you will have a lot of customers as well as a huge profit.
6) Laundry business
All you need is to get a shop and buy your washing machine, iron, and generator in case of power fluctuation. You must, however, be ready to work harder because you will definitely have many customers. Your ability to satisfy them and in time will help boost your presence and popularity in the business.
7) Owning a photo/ graphics design studio
Also, some banners and billboards we see on the roads are from no other place than the graphic design studio, and these are notices that changes after each occasion. So if your financial stand is strong enough to open any of these studios, then you need not wait.
8) Tutoring
Organizing tutorial classes is another way of making money in Akwa Ibom state. Many parents need personal tutors for their children, and students who want to write examinations also need people who can make the work easy for them to understand. So you can start thinking in the direction of starting your own tutorial centre so as to make money in exchange for your knowledge.9) Building an Even Centre
Though this involves so much capital, but can be profiting to anyone who can afford its construction.
Uyo, in particular, has little or no event centres at this moment and many of the national and international conferences that would have been held in the state are being transferred to other places. Think of this business if you have the capital to start.
Comments
Post a Comment
Leave your comments here...