9 Best business opportunities in River state: how to make money in Port Harcourt

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Nigeria is divided into thirty-six (36) states. River state is one of the states and is located in the southern part of Nigeria. It occupies the sixth position among the most popular states in the country. The 2006 population census shows that River state has a population of 5,185,400 inhabitants. Port Harcourt is the capital of River state, and the capital city has so many business opportunities for investors. River state is bordered by Delta state, Abia state, Bayelsa, Imo state, Anambra, Akwa Ibom, and the Atlantic ocean.

The state was created on 27th May 1967. There are many ethnic groups in River state which include: Eleme, Ikwere, Abua, Okrika, Ogoni, Obolo, Ogba, Engenni, Etche, Opobo, amongst others. The different ethnic groups have their dialects, but English language is used for formal communication. River state is blessed with many natural resources and is one of the states with the highest production of oil and gas. 

The presence of different natural resources has also created avenues for businesses to spring up and excel. However many people are unaware of the best business opportunities in River state. To clear their doubt, some people are asking questions such as: are there business opportunities in River state?  while others are asking what are the best business to do in River state? 

A greater number of people who are willing to invest do make enquires to know how to make money in River state, so as to key into the best business opportunities in River state. So, if you have made up your mind to start a business in River state, or you are still wondering, this post will bring to you the best business opportunities in River state. Let's go there:

 9 Best business opportunities in River state

1) Oil servicing company

    River state is known as one of the states with the highest rate of oil and gas production in Nigeria. This has created a nice opportunity for business. Oil servicing companies provide services such as seismic testing and drilling to the oil exploration and production (E&P) industry. They do not produce oil and gas themselves but provides their services and associated products to energy producers.

If your financial stand is strong enough to open such a company, then you don't have to wait anymore. Key into it because it is one of the best business opportunities in River state, with huge financial returns.

2) Restaurant and Eatery business:
  Investing in food business is one of the best business opportunities in River state and other states. This is because human beings cannot survive without food, hence, will always bounce back to food in order to replenish their lost energy. 

To start this business you need to secure a good location that is busy with other activities. This is because you will have more sales in locations with many people.

TO KNOW MORE, SEE: Your best guide on how to start and run a restaurant

3) Agribusiness

Agriculture is one area that has provided some of the best business opportunities in River state. Agribusiness has to do with the disparate business opportunities in agriculture where you can key into and make money. Some of the sure areas with huge profit include :
  i) Poultry farming: Poultry has been a sure source of income for those who invest in it. This is because many people have turned to poultry for their meat due to its nutritional value, thereby making the demand to skyrocket. Poultry farming is easy to start, even with small capital. The birds take between 4 to 6 months to mature when properly fed. So you can be sure of getting back your money. The service of a veterinarian is recommended so as to help keep your birds healthy and away from diseases.

ii) Snail farming: This is another area you can invest your money to make huge gains. The demand for snails is high. To start, source for snails from the rural areas or buy mature snails so they can lay eggs not long after reaching location. Best season is the rainy season so as to have enough snails. 

4) Petrochemical Industry

 There are many by-products that can be gotten from the end products of oil and gas. Some of which includes engine oil, car oils, plastics and many other chemical products. The fact that the raw materials are available in the state makes petrochemical industry one of the best business opportunities in River state which you can invest in. 

5) Hotels business

There are so many people that throng into River state on a daily basis to carry out their different businesses, including the oil expatriates. Many of them do spend some nights within the state. So you shouldn't worry about patronage. This is a good business opportunity in River state. Just build your hotel in good areas and get it well equipped and you can be sure of huge patronage and financial returns especially in festive periods. 

6) Boutique business

  Looking good is something that everyone doesn't take for granted and River state is not an exception. This has made boutique business one of the best business opportunities in River state you can key into. Secure your shop in a good location, keep everything in place and then display your products. Then start making money.

7) Deal on fairly worn clothing

These include fairly worn jeans, shirts, shoes, and even handkerchief. However, this might be seen as a low key business, but unknown to many, this is one of the most lucrative businesses especially in Nigeria. It is not everyone that can afford new clothes or shoes, so they opt for this "Okrika" products.

 Funny enough, some of these clothes you see in the boutiques are from the roadside "bend-down-select". Interestingly, you do not necessarily need a shop before starting this business. The open space in the market or street can do. So swallow your pride if that's what is keeping you, then start making money. 

8) Laundry/dry cleaning business

 This is yet another best business opportunity in River state where you can look into. You don't need a huge capital to start this business. Just secure a shop, get your washing machine, iron and generator, and you are good to go for a start. To remain known in the business, you must be ready to satisfy your customers and as at when due. 

9) Hairdressing salon

Opening a hairdressing salon is one sure business with huge profit in River state. We all know humans like looking good. Some ladies can't stay for one week without visiting the salon for one service or the other. 

If you are a bit buoyant financially to the point of running a unisex salon, you can be sure of huge patronage as well as huge profit. So it is one of the best business opportunities in River state where you can start your investment. 

In conclusion, you don't need to ask more questions about where to invest in River state. Also, going through this list is one thing, taking practical steps towards investing in these areas is another. Now is the best time to invest. 

You can reach us and let us know whatever you want to make enquiries about. Comment and we shall get back to you as soon as possible.
  
    Good luck...