Cross River state is one of the states in the southern part of Nigeria. The state was created on 27th May, 1967.
Cross River state is a coastal town and is bordered by Enugu state, Akwa Ibom state, Abia state, Cameroun Republic, and the Atlantic Ocean.
The state is blessed with so many tourist attractions which has drawn thousands of people into the state on daily basis. Some of the jaw-dropping tourist attractions include the Obudu cattle ranch, Tinappa Business Resort, Obanliku mountain tops, Kwa and Agbokim waterfalls, Calabar Marina Resort, Calabar slave park, Calabar Residency museum, and many other fascinating tourist attractions.
Cross River state can also boast of major infrastructure such as the International airport, an International stadium, amongst others. Hence, the state has been nicknamed "the people's paradise" . English language is the major language used for communication but the different ethnic groups in the state have their own languages. They are the Efik people, Ogoja and Ugep people.
The influx of people into the state on a daily basis has opened an avenue for businesses to flourish. Also, the state is seen as one of the calmest in Nigeria, hence the peaceful ambiance is an added advantage. So if you have asked yourself questions like:
- What are the business opportunities in Cross River state?
- How to make money in Calabar.
- What are the best businesses to do in Cross River?
How to make Money in Cross River (Calabar)
You will find answers to these questions after reading this post. The different business opportunities in Cross River state, as well as how to make money in Calabar are discussed below.1) Restaurant and Eateries
Food is one line of business that yields huge income when properly handled. This is because people must eat at least one square meal before the day runs out.
Establishing a restaurant or eateries(fast food joint) in Cross River state, especially the urban areas will guarantee you of huge financial returns. The different people coming into the state do not have many options other than to eat from these restaurants.
During festive seasons, many people are always drawn to the state, thereby leading to increase in patronage. So you need not worry anymore about which area to invest your money
2) Poultry and Livestock business
Dealing on poultry and other livestock will certainly yield more income than you might have expected here in Cross River state. Many people who are into this business are complemented with adequate veterinarian treatment from the state government to ensure the healthy living of these animals.
You can start your poultry farming at your backyard with few birds. This will help you to understand their growth phases, the right feed, as well as disease treatment. The birds mature between 4 to 6 months so you can be sure to get back your investment.
3) Hotel business
This is another lucrative business you can do in Cross River state if your financial stand is strong enough. Some of the businessmen and oil expatriates that throng into the state on a daily basis do spend their nights in the state.
4) Night club business
Night club business has thrived so high in Cross River state, hence making it one of the businesses you should consider investing your money.Many residents of Cross River state love having fun, especially on weekends. So you will have huge patronage, especially during festive seasons.
5) Oil palm business
Cross River state holds the record as the largest producer of palm oil in Nigeria. You can start by buying some palm tree plantations so as to gain full control of the plantation. Establish a supply chain so as to sell your products immediately after production.
However, the by-products such as kernel cannot be fully processed in large quantities because of the lack of machines in the state. This is another area you can key into and invest your money. You will not be disappointed.
Key into any of these business opportunities in Cross River state and you will be glad you did.
Every business has to take this opportunity very seriously. Because this the golden chance to take your business on the next level. Synergy 360 is also provide Business Advisory Solutions for your business whether its small or large.
ReplyDelete