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35+ Lucrative Small-Scale Manufacturing Business Ideas In Nigeria Or Africa

The manufacturing industry in Nigeria, Africa and many other places around the world is currently underexplored. With a GDP contribution of below 10% in Nigeria, there is much to hope for in the Nigerian manufacturing industry. At the moment, the three main areas where Nigeria experiences manufacturing progress are food & beverages, textiles and cement. However, there is still plenty of room for improvement in other parts of the industry.

While a major hindrance to the rise of manufacturing has always been accessing capital, there are a lot of cost-effective manufacturing business opportunities that anyone can start. If you’re looking for low-cost manufacturing businesses to start, here are 35+ lucrative small-scale manufacturing business ideas you can start in Nigeria, Africa or in many places around the world.

See Also: How To Start A Lucrative Cosmetics Production Business In Nigeria: The Complete Guide

1). Garri Processing Business:

Garri is one of the most available staple foods in Nigeria and other parts of Africa. Made from cassava, garri is a good business commodity, thanks to the high patronage it enjoys all over the country.

If you have a cassava farm, you can consider processing the harvested cassava into garri. Similarly, those who do not have a cassava farm can network with cassava farmers for regular supply. The best part about garri business is that you don’t need an extensive marketing strategy as it sells itself.

2). Bead Making Business:

Beads are great fashion and decorative items increasingly gaining attention across Nigeria, Africa and many other places around the world. They are used for traditional events and festivals.

With the growing attention towards beads as fashion statements, a smart entrepreneur can build a large business out of making and selling beads. All you need to do is, brand your business and create a digital presence to expand your reach.

3). Liquid Soap Production Business:

Liquid soap is often preferred to other soap types because they are relatively cheaper and easier on the skin. Most users also choose liquid soap for basic cleaning such as dishwashing and mopping, amongst others.

Manufacturing liquid soap requires little capital. You can produce it right from your home and distribute to vendors, supermarkets and local shops around.

See Also: How To Start A Lucrative Cocoa Cake Production Business In Nigeria: The Complete Guide

4). Basket Weaving Business:

This craft is one of the most inexpensive small-scale business ideas anyone can start in Nigeria or Africa. Basket weaving has been around for a while and is one of the most underrated businesses in the region.

The market for weaved baskets includes supermarkets, market traders and foodstuff distributors. Baskets are also used for decorative purposes, especially at traditional festivals in Nigeria, Africa and many other places around the world.

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5). tie and dye business:.

Tie and dye are fast gaining resurgent acceptance in the fashion industry. Locally known as adire in most parts of Nigeria, tie and dye are not just used for wrapper production. It is also used to make beautiful designs on shirts, trousers and cardigans.

You can employ the services of trained tie and dye makers or learn the craft and produce the designs yourself.

6). Shoe Making Business :

Shoemakers are making a lot of money in the fashion sector of the manufacturing industry. Granted that this is one of the small-scale business ideas that require training, you’ll have to learn the craft.

Once you’ve sorted that, you can start your shoemaking business with very little capital.

See Also: How To Start A Lucrative Toothpaste Production Business In Nigeria: The Complete Guide

7). Hibiscus Drink Production Business :

Hibiscus drink is commonly known as zobo in Nigeria. Producing hibiscus drink requires very little capital. As a matter of fact, this is a manufacturing business idea open to virtually everyone irrespective of available funds. Your capital requirement depends on your intended scope of production.

You can start small and see your business grow quickly within a short period.

8). Tiger Nuts Drink Production Business:

Like zobo, tiger nuts drink is a traditional drink common in Nigeria and some other parts of Africa. It is made from the seeds of the tiger nuts plant and is preferred chilled. With the right production factors in place, you can generate as much income as possible from the tiger nuts drink business.

You can also distribute to restaurants, small shops, schools and so on.

9). Pure Water Production Business:

Pure water has been classified as one of the most lucrative small-scale business ideas in Nigeria. Sales of sachet and bottled water are a signature business in Nigeria and neighbouring countries. Thousands of people are in a job, thanks to this business.

Although it requires manufacturing equipment and proper licensing, drinkable water production enjoys massive patronage in Nigeria, Africa and many other places around the world.

See Also : How To Start A Lucrative Pure Water Production Business In Nigeria: The Complete Guide

10). Palm Oil Production Business:

As of 2021, Nigeria is the 5th largest producer of palm oil with over one million metric tonnes per annum. The best part is there is still enough room for improvement in Nigeria’s oil palm sector.

Private investors and entrepreneurs can also contribute more to Nigeria’s production and export of palm oil. Starting palm oil production requires a lot of trained manpower. Once this is sorted, there is a ready market for your product.

11). Furniture Production Business:

Furniture is another craft-related small-scale business available to every interested individual. Furniture production enjoys patronage from virtually every sector of society, so there’s little fear of running out of demand.

However, to get started, you need to put some time into learning the craft and embark on trial projects to boost your experience and confidence.

12). Bread Bakery Business:

The hot daily demand for bread makes bread production one of the most lucrative small-scale manufacturing business ideas in Nigeria, Africa and many other places around the world. Already, the bread production business is saturated. However, your ability to channel creative tastes to the right market will earn you a steady clientele.

See Also: How To Start A Lucrative Sesame Oil Production Business In Nigeria: The Complete Guide

13). Orange Juice Production Business:

In the food and confectionary manufacturing industry, orange juice remains in high demand in hotels, restaurants, supermarkets, local stores, and much more in Nigeria, Africa and many other places around the world.

With such teeming market demand, you can never be wrong about the orange juice production business. However, for branding purposes, you need to get the proper licenses and approval for your products.

14). Yam Flour Production Business:

Yam flour is a local food product made from dried yam tubers. It is used to make African dishes such as amala and can be added to other recipes. Although amala is a southwestern Nigerian meal, yam flour production is a business you can start anywhere in the country.

For longer shelf life and to aid nationwide distribution, you can brand and package your yam flour products and sell them in Nigeria, Africa and many other places around the world.

15). Wig Making Business:

Wigs are now common fashion items and they are useful in different industries. For most women, wigs are the solution to spending a lot of time making their hair. The wig production company has evolved so much that there are now wigs that look almost 100% like natural hair.

The options are endless. As a wig maker, it helps to be creative with ideas and strategic with your marketing efforts.

See Also: How To Start A Lucrative Ice Cream Production Business In Nigeria: The Complete Guide

16). Fertilizer Production Business:

Fertilizers are made from a series of combinations of several chemicals in the right proportions. The agricultural sector depends heavily on fertilizer production for massive farm yields. Hence, there is bound to be a continuous demand.

For starters, you could focus on producing a particular type of fertilizer to maximize your resources. Over time, you could expand your scope to cater to more demands.

17). Sweets And Candy Production Business:

Sweets and candies are some of the best confectioneries in terms of market demand. In Nigeria where they are handed to people as change, especially in supermarkets and small stores, the demand has soared.

Besides supermarkets, schools, malls and local shops are also hot spots for sale of sweets and candies in Nigeria, Africa and many other places around the world.

18). Cake Production Business:

Cake bakers smile to the bank, thanks to the continuous growth of consumer taste and demand for the product. Cakes are important edible items in wedding events, birthdays and other celebrations. But now, the business incorporates more creativity and innovative ideas.

Once you’ve learned basic cake-making skills, you can make and distribute creative cakes and also bake them on a contract basis.

See Also: How To Start A Lucrative Ginger Cake Production Business In Nigeria: The Complete Guide

19). Snacks Production Business:

Common snacks such as chin-chin, puff puff, egg buns, meat pies and others are in high demand across Nigeria. They are consumed by both adults and kids on a daily basis. To start a snacks production business, it is important to be properly trained. The best part is that it doesn’t take much learning effort to make snacks.

20). Chalk Production Business:

Chalk production is one of the simplest small-scale manufacturing business ideas anyone can engage in Nigeria, Africa and many other places around the world. The materials for chalk production are easy to source and it doesn’t require much startup capital.

What’s more, the market for chalk is still high, with schools, academies and tailoring institutions, topping the list.

21). Ice Block Production Business:

Local beer pubs, small stores and restaurants augment the erratic supply of ice blocks rather than using generators. This is understandable because ice blocks are cheaper. By extension, the regular use of ice blocks in the food and drinks industry creates a market for ice block producers.

Although ice block production requires some capital, it is still affordable to most entreprneurs and investors.

See Also: How To Start A Lucrative Shea Oil Production Business In Nigeria: The Complete Guide

22). Milk Processing Business:

The milk processing business is open to all entrepreneurs in Nigeria, Africa and many other places around the world. However, it is relatively easier for those in the northern region of Nigeria because of the high concentration of cattle rearers.

Milk processing involves extracting milk from cattle and further processing it into edible dairy products that are sold to consumers.

23). Building Block Production Business:

The growing industrialization of Nigeria and other parts of Africa has made block production one of the most lucrative small-scale manufacturing business ideas at the moment. Starting a building block production business puts you in a good position to benefit from industrial growth.

One of the best strategies in this business is to site your business in a busy part of town and invest in creating awareness.

24). Match Sticks Production Business:

Match stick production is perhaps one of the most underrated small-scale manufacturing business ideas in Nigeria, Africa and many other places around the world. Made from wood or paper, matches are relatively easy to produce and require fewer production efforts.

With so much global population still using stoves, firewood and basic cylinders, the match sticks business continues to enjoy constant patronage all year round.

See Also: How To Start A Lucrative Orange Juice Production Business In Nigeria: The Complete Guide

25). Smoothie Production Business:

Smoothie production is a lucrative snack business to start in a students community or city. As more people continue to realize the health benefits of fruits, the market for this business is bound to rise steadily.

With proper branding and effective distribution strategies, you can make a lot of money from this manufacturing business.

26). Honey Processing Business:

The multiple uses of honey in various industries ranging from food production to skincare have significantly increased the market demand for this product in recent times. To start this business, you need to learn how to keep and handle bees.

You also need to invest in labour, especially if you intend to go large-scale, as well as beekeeping kits to protect the staff from bee attacks.

27). Ice Cream Production Business:

Ice cream production has been around for decades, but the continuous evolution of the sector has created room for new producers and investors. Producing new and tasty flavours puts you at an advantage in the ice cream production business.

More so, you can distribute to prime targets like eateries, supermarkets, schools, malls, and much more.

See Also: How To Start A Lucrative Ice Block Production Business In Nigeria: The Complete Guide

28). Salt Production Business:

Iodized salt remains one of the most consumed food flavours. The market is tremendously large in Nigeria, Africa and many other places around the world. To get maximum yield, it is important to invest in equipment. The salt production industry in Nigeria is dominated by a few companies at the moment.

With an effective strategy in place, you can make your mark on the market in no time.

29). Handbag Production Business:

Although most of the fashion items used in Nigeria and other African countries are imported, there is a growing market for locally-made bags. To start this small-scale manufacturing business, you need to acquire the right skills and produce world-class standard bags.

You can also employ the services of other experienced handbag makers to boost your production.

30). Face Mask Production Business:

The outbreak of COVID-19 shifted the attention of the world towards the health risks involved in having dirty hands and going about with an unprotected face. Despite the discovery of vaccines, there is still a strong need for people to wear face masks and this has continually kept face mask producers in the market.

Irrespective of the type of face mask you choose to produce, there is a large waiting market.

See Also: How To Start A Lucrative Salt Production Business In Nigeria: The Complete Guide

31). Potato Chips Production Business:

Potato chips are one of the most commonly consumed snacks in Nigeria and other parts of Africa. Thanks to its health benefits and crunchy taste, most vacationers, students as well as adults prefer potato chips to other snacks.

For massive production yield, brand your business and distribute to supermarkets, marts, restaurants and other high-demand areas.

32). Food Processing Business:

The food processing industry is related to manufacturing. There are a lot of manufacturing business ideas that involve food processing to production, ranging from snacks to drinks production. The list is endless.

Depending on available capital and other production factors, select and focus on one food processing idea and distribute it to the right targets.

33). Popcorn Production Business:

Like other snacks, popcorn enjoys massive patronage among kids, students and adults on special occasions. Popcorn is easy to make and requires very little production effort. You can produce and distribute daily to supermarkets and malls.

On the other hand, you can get contracts to produce popcorn for birthday occasions, get-togethers, and much more.

See Also: How To Start A Lucrative Building Blocks Business In Nigeria: The Complete Guide

34). Coconut Oil Production Business:

Coconut oil production is equally one of the most underrated small-scale manufacturing ideas in Nigeria, Africa and many other places around the worlds. Coconut oil serves multiple uses, including hair and skincare.

Among other uses, it avoids skin cracks and hair breakages. You can start a coconut oil production business right from your home. The success of this business relies heavily on your ability to distribute to the right market.

35). Notebook Production Business:

Notebooks are essential materials for students and non-students. If you can produce and distribute to bookstores, student communities, campuses and schools, you stand a good chance of building a successful business in the sector.

36). Insecticides Production Business:

Insecticides can be locally produced and they are as effective as imported products. More so, locally-made insecticides are pretty affordable and available in all local markets and supermarkets.

Insecticide production enjoys continuous demand all year round because there is always a need to combat pets and insect attacks both in residential apartments and on farmlands.

See Also: How To Start A Lucrative Insecticides And Pesticides Production Business In Nigeria: The Complete Guide

To Sum It Up

While the rate of manufacturing in Nigeria and other African countries fails to meet the local annual demand, there has been significant progress over the years. Starting a manufacturing business does not always require heavy capital. If you want to start your own low-cost manufacturing business in Nigeria, Africa and many other places around the world, you can start with any of the 35+ lucrative small-scale manufacturing business ideas mentioned in this article and grow from there.

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What are your thoughts on these 35+ lucrative small-scale manufacturing business ideas in Nigeria, Africa and many other places around the world? Let me know by leaving a comment below.

Teniola Tayo

Michael odijie, september 10th, 2021, nigeria needs a new industrial strategy.

0 comments | 23 shares

Estimated reading time: 5 minutes

Seven years after the Nigerian Industrial Revolution Plan, the goal of making Nigeria the preferred manufacturing hub in West Africa has not produced tangible benefits for the country. Inequality, poverty and unemployment rates remain high and in some regions insecurity has worsened. But if a new industrial strategy is needed, what issues should be the focus?

The average income of Nigerians, measured by GDP per capita, is at a lower level than it was ten years ago. To this end, one of the major challenges facing the Nigerian economy is its inability to provide sufficient jobs for Nigerians. Flaws in the structure of the economy, alongside large inequalities, meant that even in the early 2000s when the country experienced higher economic growth jobs were not created, and poverty actually increased . The gains largely accrued to political and business elites.

Similar to many African countries, Nigeria is faced with the task of industrialisation – moving away from production and exports dominated by commodities to higher value economic activities such as manufacturing. The 2014 Nigerian Industrial Revolution Plan (NIRP) had the stated objectives of making the country the preferred manufacturing hub in West Africa; the preferred source for supplying low and medium technology consumer and industrial goods domestically and regionally; diversifying and increasing government income and exports; and pursuing job and wealth creation, and import substitution. Industries would focus on agro-allied, metals and solid minerals, oil and gas, construction, light manufacturing and services.

Seven years since the launch of the NIRP, the Plan is considered to have struggled to meet its objectives; the oil sector still accounts for 65% of government revenue; the unemployment rate has jumped to 33% ; almost half of the country is living in poverty; and between 2014 and 2019, exports have declined by 54% and continue to be dominated by crude oil.

Current internal and external realities mean Nigeria should review its industrial strategy. One of these is the launch of the African Continental Free Trade Area (AfCFTA), which aims to gradually eliminate tariffs on over 90% of goods and services produced and traded within the continent. Another issue is the changing investment landscape in the oil and gas industry, as climate pressures heighten and international protocols advance. A third important issue is the worsening state of insecurity in Nigeria, and the need for all development and growth policies to contribute to finding solutions to the challenge. There are also suggestions that changes in the global economy means late industrialisers need to pay more attention to industries without smokestacks . Finally, the COVID-19 pandemic has affected global affairs in many ways that should be taken into account in national planning.

What issues should drive a new industrial strategy in Nigeria?

A new strategy should decisively address the issues of poverty, unemployment and inequality. At the core of these issues is the provision of good jobs for Nigerians. Significantly increased employment can no longer be viewed as a natural outcome of industrial policies but must be at the centre of policy design. According to the International Monetary Fund, Nigeria needs to create five million jobs per annum over the next 10 years in order to close its unemployment gap. These jobs can only be created with an incredible effort focussed on promoting local and foreign investment in labour-intensive sectors, such as agri-processing, which involve factories that employ lower-skilled labour – in abundance in Nigeria. Strategies for further improving the country’s business environment should also be more realistic and learn lessons from past attempts. Further, jobs can contribute to reducing levels of insecurity in the country.

A new industrial strategy should also reflect the internal disparities within Nigeria. The country’s northern region is in a developmentally worse situation than the south and has a higher amount of unskilled to low-skilled labour, as well as greater agricultural activity. By extension, this means that agri-processing factories may in the short to medium term be well-suited to the region. On the other hand, some parts of the southern region are experiencing growth in the services industry, with financial technology organisations, for example, attracting labour and investments. Although a focus on services may not make sense for the entire country, a mix of policies promoting services and manufacturing dependent on the land and labour profiles of certain regions may be advisable. These disparities should also inform pragmatic plans for human capital development across the country – a critical component of any growth policy.

These should further work alongside strategies to boost exports and productivity growth. Although the NIRP sought to increase exports, its import substitution approach presented several challenges. Policies from the Nigerian government and its central bank have focused on trying to curb imports, a losing battle, given that total imports jumped in 2020 despite the COVID-19 pandemic. Instead of working to control imports, policymakers should focus on eliminating the challenges facing existing and would-be exporters. These include logistical issues at Nigerian ports, as well as access to forex for critical inputs. A strong export push can contribute to productivity growth, given that producers will be forced to compete internationally. The AfCFTA provides an additional platform for exporting ‘made in Nigeria’ products.

Value chains have always been an important part of industrial strategies and continue to hold this status. In the context of Nigeria, more attention should be paid to integrating Nigerian producers into value chains at all levels national, regional, continental and global. Indeed, national and regional value chains are critical to the demand and supply of inputs for agri-processing, and global value chains are needed for breaking into global manufacturing markets. This can allow Nigerian producers to carve a niche for themselves in specific goods and services that may serve as inputs for more advanced and competitive manufacturers.

Particularly in Nigeria, industrial strategy should be conflict sensitive. Although facing high levels of insecurity in 2014 when the NIRP was launched, the country’s worsening situation means attempts to grow certain industries, especially in the north, can not be naïve to the realities of operating in insecure regions. Strategies for risk mitigation need to be made clear in any efforts to promote investments.

Lastly, Nigeria must re-shape its oil sector in the face of a heightening climate crisis. Although natural resources will potentially continue to play important roles in many national economies, the Nigerian government must accept the industry’s decline in attractiveness to investors. The oil sector should therefore focus on improving its governance and moving output up the value chain. The recently signed Petroleum Industry Act makes some of these commitments, but also counterintuitively commits even more government revenue to oil exploration.

The type of structural transformation necessary for Nigeria to solve these problems does not emerge spontaneously from the interplay of market forces. It rather requires protracted state interventions that not only provide some level of macroeconomic stability, infrastructure and security but also include broad horizontal as well as selective vertical sector policies. Yet any decisions must recognise that appropriate policy design, and successful state interventions, will depend on both initial institutional and political conditions. At a minimum, the actual motivations behind the practice of industrial policies are better understood within a broader framework of patron–client politics. More importantly, as all industrial policies must involve the distribution of state resources, to be viable in the Nigerian context some alignment with the surviving interests of political and industrial elites is essential. Sector selection for government intervention must therefore take domestic politics into account.

These issues will be addressed more fully in a subsequent article .

Photo by Frans Van Heerden from Pexels .

About the author

Teniola Tayo works as a Consultant with the Institute for Security Studies and is also a Research Fellow at the French Institute of Research in Africa (IFRA-Nigeria). She was previously a Consultant with the West African Think Tank (WATHI) in Senegal. She has also worked as a Policy Analyst in Nigeria as well as a Senior Legislative Aide to a past President of the Nigerian Senate. She is a Chevening Scholar with an MSc in Development Management from the London School of Economics.

Michael Odijie is currently a Research Fellow at University College London (UCL).

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Resources for Students and Project Managers

Aluminum Doors and Windows Business

Aluminum Doors and Windows

TABLE OF CONTENT of Aluminium Door & Window Manufacturing Business

1.0 EXECUTIVE SUMMARY

==>CLICK HERE TO CHAT US ON WHATSAPP FOR BUSINESS PLANS & GET A DISCOUNT<==

2.0 BACKGROUND

2.1 Introduction

2.2 Vision and Mission

2.3 Ownership of the Enterprises

2.4 Location and Facilities

2.5 Services

2.6 Business Strategy

2.7 Key Success factors

2.8 Revenue base

3.0 MARKETING AND CLIENTS

3.1 Nature and Size

3.2 Target Industry

3.3 Key Competitors and players

3.4 Service Delivery

3.5 Quality Assurance

3.6 Demand/Supply Analysis

3.7 Technology

3.8 Competitive Edge

4.0 MARKETING PLANS

4.1 Marketing Plans

4.2 Promotion and Distribution Strategy

4.3 Alliances

4.4 Market Positioning

4.5 Service Delivery Strategy

4.6 SWOT Analysis

5.0 Organization and management

5.1 Organizational Structure

5.2 Shareholders and Directors

5.3 Management Team

5.4 External Support

5.5 Personnel Plan

5.6 Values and Norms of the Company

6.0 LEGAL, REGULATORY SOCIAL AND ENVIRONMENTAL ISSUES

6.1 Regulatory Issue

6.2 Social Issue

6.3 Environmental Issue

EXECUTIVE SUMMARY of Aluminum Door & Window Manufacturing Business Plan

The purpose of this business plan to support a request for a N500,000, five-year bank loan to purchase equipment and inventory as part of the financing for a start-up sole proprietorship, Nigeria Aluminum Enterprise. The business will be owned by Mr. Ugwu Celestine Chibuike and will be located in rented space at 20 New Anglican Rd, Abakaliki to Nsukka, Enugu State. The owner will provide a minimum of N140,000 as initial equity.

The business will produce Aluminum steel doors, windows, showcases, counters, tables, gates, cupboards and other products for households and business establishments. Based on the financial and competitive analysis presented in this plan, Nigeria Aluminum Enterprise Will be successful. The cash flow projection, Exhibit 1, one-year cash flow projection, indicates positive cash flow.

It is anticipated that, Nigeria Aluminum Enterprise. Will become the lead in market share for Nsukka and the surrounding communities within two years and will begin to develop a regional presence within five years. Aluminum

Enterprise’s vision trigger, “Quality Service, Our Goal” will assist the company in distancing itself from its competitors.

The owner, Ugwu Celestine C. had extensive experience in the Aluminum fabrication industry. He is also a 3rd year student of Accountancy in University of Nigeria Enugu Campus.

This business plan is aimed at supporting a request for N400,000 five year ban loan to purchase equipment and inventory as part of the financing for a start up sole proprietorship Nigeria Aluminum enterprise. The business will be owned by Mr. Ugwu Celestine C and will be located in rented a space at Aku road Nsukka Enugu State. The owner will provide a minimum of 130,000 as it’s initial capital contribution.

THE BUSINESS DESCRIPTION

Nigeria Aluminum Enterprise will be located at 20 New Anglican Rd. Nsukka Enugu State. Nsukka is a small, urban community with warehouse space at affordable prices. The

estimated opening of the fabrication site is schedules for July 2, 2017.

Ugwu Celestine Chibuike will own the business as a sole proprietorship. Ugwu Celestine has had 6 years of experience in the aluminum business, 2 years as the general manager of a family owned aluminum fabrication business. During this time span, the company increased ite profits by at least 5% every year.

Nigeria Aluminum Enterprise. Will fabricate aluminum windows,. Doors, gates, and other household items. A variety of other markets will be targeted, hospitals and educational institutions; however, Nigeria Aluminum Enterprise will focus its marketing on the building industry. The aluminum used for production will be supplied through regional firms. All elements of the fabrication process will be completed in shop thus eliminating the need to subcontract.

Nigeria Aluminum Enterprise will be successful because its plan is based on the experience of its founder; Ugwu Celestine Chibuike has proven his ability to succeed in this

industry for 6 years. The building industry is growing which creates a need for the kind of products that Nigeria Aluminum Enterprise produces. The other market areas (households, offices, hospitals, educational facilities, etc) are growing as well.

MARKET ANALYSIS

Market analysis is favourable toward the Aluminum and steel products fabrication business in Nigeria, especially in Nsukka Enugu state which is developing building infrastructure at a rapid rate.

A major factor for this favourable status is the fact that Enugu state as a young is trying to grow and meet other developed state in Nigeria. The choice of Nsukka is because that is where all the government infrastructural development is situated. It is the centre of development of Enugu State individuals as well are developing building both residential and business at a very fast rate and the demand for these aluminum windows and doors are outgrowing the supply of the same.

Not only is the building industry expected to grow in the future, but so arte Nigeria Aluminum Enterprise’s other target markets: hospitals, educational facilities and businesses requiring aluminum products. This is due, in large part, to the increase in the nation’s population. Nsukka and its surrounding communities are experiencing the highest level of growth compared to any other areas= in Enugu State.

All of the factors mentioned above will prove beneficial to the success of Nigeria Aluminum Enterprise in the future.

VISION STATEMENT

In five years, Nigeria Aluminum Enterprise will become the premier aluminum fabricating business in Nsukka and throughout its surrounding area. Nigeria Aluminum Enterprise. Will also establish its name as a national presence in the industry.

VISION TRIGGER

The main vision trigger will be the slogan: quality service, our goal “the vision trigger will emphasize the premium

quality, the utility, and the competitive pricing of the products sold to customers.

MISSION STATEMENT

Nigeria Aluminum Enterprise mission is presented below:

We, the employees and management of Nigeria Aluminum enterprise make this pledge to you, our valued customers.

We pledge that we will serve your aluminum needs in a prompt and friendly manner.

We pledge that we will provide quality aluminum windows and doors.

We pledge that we will be good community citizens, respectful of the environment, and friendly neighbors to the surrounding businesses.

We pledge that we will always present a positive public image

We pledge that we will be responsive to your suggestions and concerns.

BUSINESS OBJECTIVES of Aluminum Door & Window Manufacturing Business Plan

Nigeria Aluminum Enterprise will have these business objectives during its first three years of operation:

1) Owner’s draw of N120,000 by the end of years 1.

2) Cash break-even by the end of year 1

3) Owner’s draw of N200,000 by the end of years 2

BUSINESS OPERATIONS

The operations of Nigeria Aluminum Enterprise will be described using the main functions of the business: marketing, competitive analysis, legal structure, management expertise, support personnel; and financial information.

By BPN Staff

Palm oil production and processing business plan in Nigeria

What We Covered In This Article

Overview of Palm Oil Production in Nigeria

Palm oil production is one of the major sources of income for Nigerians. In 2021, it was estimated that 1,280 thousand metric tonnes of palm oil were produced in Nigeria. This shows the immensity of the production of palm oil in the nation. Infact, Nigeria is one of the five nations, leading in the production of palm oil in the world.

Palm oil production has to do with the extraction of edible oil from the mesocarp of the palm fruit, which is suitable for human consumption and is used in making various kinds of products and things.

Palm oil was one of the major sources of income for the Nigerian government in times past, before the discovery of crude oil. However, it is being focused on again, as the government is now investing a lot to revive that sector of the economy.

Overview of Palm Oil Processing

The Palm tree is important, as many things can be derived from it, to be used by humans. To start with, palm fruits can be used to get palm oil, the stems can be made into woods for building, palm wine can also be tapped from palm trees as a form of refreshment, etc.

Now, Palm oil is gotten from palm fruits and there is an extraction process that takes place before the oil is gotten from the mesocarp of the palm fruit. The Palm fruits seedlings are planted, and after they have been harvested, the bunches of the palm fruit are threshed and sterilized, to get the palm fruits from them.

Afterwards, the palm fruits are crushed, to extract the crude palm oil. This crude palm oil is then purified and dried before it can be put to use at home, in industries, etc. It can also be exported to other nations for exchange in international trades.

Uses Of Palm Oil

Palm oil is used for various things and in various industries. It is used in the home, industries, etc. Palm oil is used in preparing meals, cosmetics, soap, animal feed, etc. The following expounds more on the uses of palm oil.

Cooking:

Palm oil is one of the important ingredients used in cooking meals of different kinds, ranging from soup, stew, sauce, etc. Different tribes use it for various meals, and it is a key part of the food industry. Palm oil is used to cook Egusi soup, Banga soup, oha soup, vegetable soup, beans, etc

Palm oil is also used to fry food such as plantain, pepper, etc. It can also be used in making food items, such as pancake, cereal, chocolates, etc

Drugs:

Palm oil is also used in making drugs in the pharmaceutical industry. Due to the properties of palm oil, it is also very useful and effective in enhancing the bioavailability and solubility of drugs. And this helps drugs last longer by extending their shelf lifespan.

Manufacturing:

Another important thing palm oil is used for is in manufacturing different things, ranging from cosmetics, snacks, margarine, stock cubes, detergents, candles, deodorants, shampoo, toothpaste, etc.

Exportation:

Palm oil is also one of the important products used in trading between nations of the world. Nations like Indonesia, Malaysia, etc have palm oil as a major export product, which yields a lot of income for their economies.

Feed production:

Palm oil is also used in the production of feed for animals and livestock, due to its heat-resistant and edible nature.

It is used in making feed for animals, ranging from dogs, cats, pigs, etc. Also, since it is good as preservatives, it helps to prolong the lifespan of feed, to help it stay longer on the shelf, before expiration.

Preservation:

Palm oil is used as a preservative in many food items, ranging from human food to feed for animals. It is used in preserving food items to ensure that they don’t get spoiled on time.

Requirements Needed To Start Palm Oil Business

In starting a palm oil business, there are many things required to be acquired to attain success. Some of them are as follows;

Capital:

Capital refers to the money used in starting the palm oil business, which would be used in purchasing the facilities needed to kickstart.

Firstly, you need to purchase the land where you would plant palm oil seedlings. This could range from many acres to some hectares. It is important to get a large portion of land, to help you plant as many trees as possible.

You would also need capital to hire workers to work on the land, from the planting stage to the harvesting and transportation stage.

Some equipment and materials such as tractors, fertilizer, etc also need to be purchased to aid the planting process.

Land:

After securing the capital for the business, the next thing is to make the purchase of the land for the palm oil plantation. When buying the land for the plantation, it is important that the quality of the soil is examined, to ascertain that it would be suitable to grow palm trees.

Now, If you are unable to determine the fertility of the soil by yourself, you can hire experts to do this for you. This is important, to ensure growth for the palm trees after planting.

Another key thing to consider when purchasing the land for your palm oil plantation is the closeness of the land to your buyers. This would make it easy to transport your palm fruits to customers, as at the due, without hassle.

Another requirement for your palm oil business is the labour that would be needed in planting, harvesting, and transporting the produce of the farmland.

You would need to employ extra hands to assist you in the work, and you would have to pay them.

Storage:

Another requirement for the palm oil business is the storage facilities needed to store and keep the palm fruits and palm oil, after being extracted and purified.

Storage facilities are very important for the palm oil business, to preserve the palm oil got, from the extraction mill. This is also important to protect them from getting spoiled before they get to their buyers.

Transportation:

Another requirement for a palm oil business is the transportation facilities needed to transport your equipment, palm fruits, palm oil, etc to and from your palm oil plantation.

You could get trucks to help you transport things to and fro the plantation.

Suppliers/Retailers:

Getting reliable suppliers to supply you with the needed equipment, palm fruit seedlings, and other things is also a key requirement to consider when starting your palm oil business.

Getting retailers who would buy directly from you to supply to consumers is also important, to ensure the smooth transfer of palm oil from your plantation to customers, in exchange for money.

Production season of palm oil:

The production season of palm oil differs from nation to nation. However, in Nigeria, the best time to plant palm fruit is during the rainy season, which is usually around June-September.

This is recommended so that the roots of the trees would have been well-rooted in the ground before the dry season comes in.

Now, an oil palm starts to produce about 3 to 4 years after it has been planted. So, patience is required as a palm oil businessman or woman. It is also important to not relent during this waiting period, as one would be required to tend the plant from time to. time, by removing weeds, and doing other things to enhance growth.

Where to get palm seedling for planting:

Just like for every other tree, to grow palm nuts, you need to first get the seedlings to plant. And this is the cheapest way because palm trees are rarely grown through cutting, layering, and other asexual means.

You can either get them from the seed pods of flowering palms or buy them. And these palm seeds differ in size. While some are small and bright red, some others are very large.

Now, if you would like to get your seeds from your tree, it is advisable to get them immediately when they fall from the tree; showing that they are ripe. It is also important to use these seeds on time. This is because the lifespan of some of them is not long, however, for some, they can last for up to a year.

Now, you must test your palm seeds before planting them. This would help determine whether it would germinate or not. To test, simply put the seed in a container of warm water. Now, if the seed floats in water, it is not good for use. But if it sinks in the water, then it is good for planting.

Is the palm oil business profitable?:

The palm oil business is highly profitable, due to the many uses of palm oil, domestically and even industrially.

As a palm oil businessman or woman, there is always a huge demand for your product, as it is needed in high quantity and quality in nations, industries, families, etc. And although it is a capital-intensive business, its rewards and profits are far-reaching.

How much does it cost to start a palm oil business?

Starting a palm oil business depends on the type you want to venture into. To start a palm oil plantation business, you would need to purchase or rent some acres of land, and this would cost a lot. You would also need to buy palm fruit seedlings, and this would also require a lot of money, hiring manpower, machinery, etc also costs a lot.

On the other hand, if you were to start a palm oil extraction mill or sell palm oil directly, you would not spend as much as if you wanted to start a palm oil plantation.

Popular palm oil producing states

Delta State
Akwa-Ibom State
Cross-River State
Bayelsa State
Rivers State

Types of palm oil business

There are three types of the palm oil business that one can venture into, as a palm oil business man or woman. They shall be discussed as follows:

Palm Tree Plantation:

The first type of palm oil business is the palm tree plantation business, where you would be involved in planting and harvesting palm fruits. Here, you would be required to purchase or rent hectares of land to use in planting and harvesting palm fruits.

The palm tree plantation business is one of the intensive types of the palm oil business, which requires you to buy palm fruit seedlings, clear and make ready the land for planting, plant, monitor growth, and harvest at the end of a season.

It is quite capital intensive. However, its benefits are mind-blowing.

Set Up A Palm Oil Extraction Mill:

Asides from setting up a palm tree plantation, you can decide to set up a palm oil extraction mill, where you would specialize in crushing palm fruits, to extract the palm oil from them.

This is also capital intensive as you would have to purchase machines for the crushing process, as well as hire manpower to make the work faster. Setting up a palm oil extraction mill is another type of palm oil business, which has huge benefits to be enjoyed.

Sales Of Palm Oil:

Another type of the palm oil business is the direct sales of palm oil. This could be either large-scale or small-scale. When operating on a large scale, it is advisable to purchase directly from dealers who own extraction mills.

And if it is on a small scale, one can easily purchase from large-scale dealers or wholesalers.

How To Start a Palm Oil Business In Nigeria

To start your palm oil business, you need to sketch a plan to follow through, to ensure success in the business. The following steps can be taken to start the palm oil business in Nigeria:

Choose The Palm Oil Business You Want To Invest In:

Having learned earlier that there are different types of the palm oil business that one can engage in, it is then important that you decide which of them you would be venturing into.

You could decide to set up a palm oil plantation, where you would plant palm trees and harvest for others to get palm fruits from. You could also decide to have an extraction mill, where palm fruits are crushed to extract the oil from them. Or rather, be involved in the direct sale of palm oil.

Whatever choice you make, you need to consider your capital, skill, interest, etc.

Draft a business plan:

After deciding on the kind of palm oil business you would be venturing into, you should move forward to draft a business plan.

Your business plan would include the kind of palm oil you intend to start with, the amount of capital needed, how the capital would be sourced, mode of operation, etc.

CAC is the corporate body in charge of registering businesses in Nigeria. To make your business legally recognized by the law, you need to register the business under the business name you have chosen for it.

Registering your palm oil business with CAC also gives you access to some loan facilities, grants, and other national recognition.

Set up your production factory or store:

Now, you can go ahead to set up your production factory or store, depending on the type of palm oil business you would be venturing into.

If you would be going into the direct sale of palm oil, you would not need a factory. But for an extraction mill, you would need a production factory, as well as storage facilities to store the palm oil, before you sell them.

Secure suppliers:

Securing reliable suppliers is also important. As a palm tree plantation owner, you need to secure suppliers to supply you with palm fruit seedlings and other equipment.

Also, as a palm oil mill extraction business man or woman, you are to secure suppliers who own palm tree plantations, who would give you a steady supply of palm fruits to extract palm oil from.

Plan for logistics and transportation:

Next up, you need to plan for logistics and transportation to enable you transport the palm oil and palm fruits out of your farmland and extraction mill respectively to people who need them

Transportation is an important aid to trade which is not to be trivialized. A smooth medium of transportation would ensure that your product leaves your factory on time, and gets to the consumers who need them.

Market your products:

Now, after securing your transportation details, you are to market your product to prospective wholesalers and retailers who are in the palm oil business.

This is important to facilitate sales and get profits.

In preparing a business plan for your palm oil business, the following items must be included, featuring important details to help you attain success as a businessman or woman.

The following elements shall be considered, to help you come up with a business plan for your palm oil business:

Executive Summary:

The executive summary appears first in the business plan. However, it may be the last thing to be written, because it summarises all the details about the whole business plan.

The executive summary contains the amount of capital needed, work plan, estimated income over a period, estimate of labour required, etc.

Company Description:

The company description contains information about the kind of business the palm oil establishment is. It talks about whether it would be a palm oil plantation business, a palm oil extraction mill, etc.

It also contains information about whether it is a one-man business (sole proprietorship), partnership, etc.

This segment of the business plan contains information about the individuals involved in the business.

Here, their names and roles are spelt out, to aid comprehension.

Team members could include the Managing director, farmers, secretary, warehouse manager, etc.

SWOT Analysis:

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats.

This is a very important analysis to be done, which helps you identify your areas of strengths to capitalize on, weaknesses to work on, opportunities to explore, and threats to eliminate.

Strength has to do with the areas where you have a better advantage, as a palm oil business owner. This is to enable you to capitalize on these strengths to get more profit.

Analyzing your weaknesses helps you to know the areas you need to work more on, to get better results. Your weaknesses are also the areas that your competitors may want to take advantage of. So, you need to pay attention to them.

Opportunities refer to new areas or aspects of the palm oil business that you can take advantage of, to increase revenue and expand your network.

Threats refer to things that could pose danger to your business. It could be bad weather conditions, pests, etc.

Market Analysis:

Market analysis has to do with examining the market, to know what is in demand per time.

The market analysis would help you understand what consumers need, what kind of packaging appeals to them, how to market to them and how to get them to make purchases.

Financial Analysis:

The financial analysis for your palm oil business carries details about how much would be needed to start and run the business.

Capital required to purchase land, machinery, palm fruit seedlings, storage facilities, labourer’s wage, salaries for other staff members, etc.

Marketing Strategies:

This involves details about how you intend to market your product and move fully into the market, to sell.

Marketing can be done either through the traditional ways of connecting with retailers who deal in the palm oil business. It could also be through online marketing strategies, using social media, SEO, etc to market your products.

Competitive Analysis:

There would always be competition in the palm oil industry. Hence, it is important to carry out a competitor analysis, to check your competitor’s weaknesses, to take advantage of it.

You could also examine the strategies being applied by your competitor, which yields a lot for them and apply those strategies too, to get better in your business.

The appendix of your palm oil business plan includes additional documents that are not included in the body of the business plan. It could include charts, tables, graphs, and some other important elements, which are not yet included in the main body of the business plan.

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Research Document: NESG Manufacturing Policy Brief

Posted Mon, May 10, 2021 9:58 AM

Nigeria’s manufacturing sector is among the largest in Africa with numerous opportunities. The COVID - 19 pandemic which led to suppressed consumer demand and supply - chain disruption resulted in a decline in real manufacturing output in 2020. Prior to 2020, the sector has continuously faced several structural challenges which have caused m any manufacturing firms to shut down , limit ing growth and investment inflows into the sector. The Nigerian Economic Summit Group ( NESG ) , in its 2021 Macroeconomic Outlook report , highlighted the manufacturing sector as a one of six sectors that have the potential to create jobs and reduce poverty i n Nigeria. For the sector to achieve this, the NESG argues that private investment will play a major role. From Nigeria’s recent experience, actual investments in manufacturing are realised when there is an intersection of market opportunities and governme nt support. Nigeria’s reliance on imports , its large market and the coming into effect of the African Continental Free Trade Area (AfCFTA) agreement present a huge opportunity for investment in the manufacturing sector, especially in areas such as agro - pro cessing and light manufacturing. For these opportunities to fully materialise, crucial actions are required by the federal and state government s , some of which include developing an industrial policy and sectoral plans for identified priority areas , ensuring commitment to implementation of existing plan s , address ing the challenge of insecurity, and providing targeted infrastructure

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Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Post author: Ane
Post published: August 19, 2019
Post category: Business Tips
Post comments: 0 Comments

Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Table of Contents

Two important questions you may be asking are; what can I process or manufacture? Which manufacturing or processing business is most profitable? In fact, here are Top Profitable Small Processing & Manufacturing Business Opportunities in Nigeria listed and explained below. Top Profitable Small Processing & Manufacturing Business Opportunities in Nigeria will take you there.

As a matter of fact, some of the most lucrative products are those from paper, food processing, rubber, leather, furniture, household items, chemical, agrochemical and other factories and industries. If you read in-between the lines of this article, you will get over 3 00 business ideas . In fact, when you combine them you get more. Now, read on.

Business Ideas

Aluminium Fabrication: Door, Window & other accessories. With aluminium sheets you can fabricate anything. You can make doors and windows. In fact you can fabricate other home and building accessories from any location. This business has extended into home decoration fittings and many more. The diversified nature of this business has made it one of the most profitable small business manufacturing opportunities. In fact, you can start this business with small start-up capital. You can also make it big.

Aluminium Roofing Sheets – This is associated with aluminium fabrication discussed above. But considering the nature of business we’re considering you can’t run the two together. This one is a bit capital intensive. However, you may not need your own equipment. What you could do is to buy the materials and then patronise those who have the equipment for the formwork. In fact, there are some formations you can do with manual platform in front of your office.

For any of these aluminium-based processing business opportunities, there is a bankable business plan for it. So, if you are asking, how can I start my own manufacture or processing business, our business plan will do that for you.

In addition are;

Confectionery Business – This is a composite name for all fried and baked floor-related businesses. Therefore, you can start a bakery business for bread (assorted), cakes, chim chim, biscuit and many more.

Confectionary business is one of the most profitable food processing business opportunity you can start easily. Just take a niche out of the multiple sphere of confectionery business and build on it. As it is, selecting the right product and proper marketing strategy would be a major deciding factor in getting success in the business. We have a ready-made business plan for this. Click here to read the online version.

Furthermore,

Banana/Plantain Wafer Making – Banana or plantain wafers are made from under-ripped bananas or plantain that are cut into slice dipped in syrup solution. Then, dried under the sun or in the oven. Thereafter, fried and eaten as snack food or dessert. You sell this both in the local and export markets. So, you can initiate this business on a small-scale basis.

Blouse Hook Making – Blouse hook is an essential item for garment industry. It’s used generally in women’s wear. Every such cloth as blouses, churidars, tops, frocks, and etc. must have it. Therefore, any individual with low start-up capital investment can start. This venture will earn you handsome money. In fact, you will need to service both wholesaler and retailers, garment manufacturing companies, tailor, fashion designers and all others. From all of these, how now, do you see the market?

Candle Making: Just get the moulds ready with some quantities of wax and you are done. As a matter of fact, candle making business can be initiated on a small-scale and on part-time basis. People use candle for both religious and domestic purpose. In fact, it’s being used as a decor item. That is why, aside from the traditional long white candle, the demand for scented and decorative candles are also growing.

Carton-Crates Manufacturing – Actually, cartons are widely used for bulk packaging. Crates re specialty packaging boxes generally used in custom and export-oriented markets. In B2B, this is considered as one of the most profitable small business manufacturing ideas. So, if you are in any of our factory and manufacturing cities, this is a good business idea for you.

Cashew Processing – This process involves cell cooking, cutting, kernel drying, peeling, grading and packing. On the other hand, you can start cashew nut processing as a small export-oriented plan. We have a well-structured business plan for this. Click here to get the online version yet.

Chalk Making – Chalk is still used for writing on blackboards in schools. Apart from schools, educations, and training institutions, chalks are used by tailors, furniture makers, and construction workers and by many industries.

One good thing about chalk production is that the raw materials are 100% locally generated. You can start this at your home with any other of our business ideas in this article. Our Complete Entrepreneurship Empowerment Centre ( CEEC ) offers training packages for would-be and existing entrepreneurs to empower them do their businesses better. Admission is FREE.

Cheesecake Making – This is associated with the confectionery business discussed above. The ingredients required for cheesecakes production re cheese, sugar, strawberries, wheat flour, egg, maize, vegetable oil, starch, salt, preservative, colour, and essence. Cheesecake is an additive for other products. In fact, it works well with a wide variety of flavours ranging from lemon and chocolate to pumpkin. Cheesecake making business can be started on a small-scale basis.

In addition;

Chocolate Making: This is also another associate of confectionery business. I have tried to separate them for reason of emphasis. As matter of fact, the production process of chocolate may vary according to the different quality of chocolate. Based on the availability of raw material you can decide the taste and ingredients for chocolate production. In fact, chocolate making is a profitable food processing business. You can create a chocolate brand with repute within your operational area. That’s a good business. Isn’t it?

Coconut Milk Powder Production – Coconut milk powder has a good market potential in various countries. Furthermore, coconut milk powder has several advantages. Advantages include long shelf life, fewer storage space requirement and lower cost of packing. Coconut milk powder is a trending small business manufacturing idea we recommend for new entrepreneurs.

And more are;

Coconut Oil Manufacturing – Coconut oil is an important cooking ingredient. In addition, coconut oil has various industrial applications. It’s used for production of toilet soaps and laundry soaps. It serves as surface active agent and detergent, hair tonics, hair oils, cosmetics and etc.

However, one important feature in this business is that localization matters. Industry must be located near raw material. Note that the two cocoa nut associated products can serve as bi-product of the other.

Concrete Block Manufacturing – Processing cement, sand and water together gives you the quality of cement block you need. As a matter of fact, concrete blocks and tiles are precast solid cement concrete products. These re commonly used for flooring, pavements, wall, garden path, etc. Once you can procure a simple machinery, with locally available raw materials, you can start this manufacturing business.

Condensed Milk Production – This is a Sweetened condensed milk. It has both domestic and export sector market opportunities. In fact, the only main raw material you need is good quality milk. As at now, condensed milk production is one of the most profitable food processing business any individual can initiate.

Top Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Cotton Buds Making: If you are looking for a small processing business to do, this is ok. In fact, cotton buds or cotton swabs making business can be initiated on a small scale basis. This is a short spindle with one or both ends coated with an absorbent cotton padding. If you must know, these buds have long been used for various cosmetic and personal hygiene tasks. It’s particularly good for cleaning the ear. Cotton buds design has advanced significantly.

Custard Powder Production: Where there are raw materials and medium size tools, you can start. For this, you require raw materials such as corn-flour, arrowroot starch, food colours, and essence. As you can see, these raw material are easily available. In fact, that’s what makes this business lucrative and profitable. Again, a small scale unit can also be established with some simple machinery.

Designer Lace Making: This can be home-based business. In fact, it’s one of comparatively low start-up capital business you can venture into easily. As a matter of fact, Lace is a craft material used in garment designing. With modern lace machines you can produce this and in large quantities. In fact, several machines are available to make lace through machines. In addition, the increasing demand for fashion garment has increased the demand for designer lace.

Detergent Powder, Liquide & Solid Soap Manufacturing – The manufacturing process of detergent powder or liquid is simple. In fact, it only involves the mixing process with the right formula. Body cream, liquid soap, Izal, Dettol and other disinfectants production business can apply.

On the other hand, Soap Manufacturing is related to this. As a matter of fact, there re varieties of soap used widely by rural and urban people. Consequently, in many cities in Nigeria, commercial soap making is one of the most profitable small business manufacturing ideas.

As a matter of fact, the good thing is that you can start the manufacturing unit on a small scale with small capital investment.

Drinking Straw Making: People drink a lot, especially in the public places. This is where this comes in. As a matter of fact, drinking straw making business is considered a micro-manufacturing opportunity. So, with small capital, the manufacturing unit can be established.

Energy Drink Production – Energy drink is a very popular option for stress relief nowadays. Moreover, energy drink production is one profitable and trending small business manufacturing ideas in the current world. However, initiating an energy drink manufacturing business is cost intensive. It will also requires a strong product promotion strategy. Production licence will also be required.

Get more here too;

Envelope Making – This is a common one these days. In fact, because paper envelopes are daily necessity items for the household, educational organizations, and offices, loads of people got into it recently. You can join them. The market is still large to accommodate new comers as the demand is found to be huge and it’s ever increasing. You can do this through establishing either a manual or automatic machine. So, you can initiate this business as small-scale one.

Business Combinations: Whether in drink or other processing outfits, you may need to combine two or more products. You may also wish to have by-products of the major item. To get you on you need a business plan to structure this business in a functional state. Email us at [email protected] for further details.

And more here, too;

Eraser Making: Where there are papers, pencils and other related writing materials, paper rubber eraser become necessary. Rubber eraser is generally made from natural rubber. In fact, a large section of people use this. These include students, artists, bookkeepers, typist, and others to correct mistakes. Eraser making project is profitable. Again, there is demand for it in both the domestic and export market.

Exercise Book Manufacturing – This process is simple. In fact, so simple that any individual can initiate this business with comparatively low start-up capital. You can do this from your home if you wish. As an office stationery and schooling item, the demand is ever soaring. And, in accordance to the demand, several different types of machinery are also available.

File Manufacturing – This is also related to the exercise book and eraser business hinted about above. Files by their nature, are essential educational and office stationery item. The paper type are in models. So, you can make it a flat file with no strap or cover file with strap. Both the paper flat and polymer models are in vogue currently. In fact, with simple machinery, you can initiate file manufacturing business in small-scale.

Staple Pin Making: Staple pin making process is simple. Furthermore, you can start the business as home-based small-scale basis. Staple pin is produced from the white galvanized iron wire. Using good quality iron wire will assure the production of good quality and long lasting staple pins. However, it’s a business you can start with a small budget and low infrastructure.

Gem Clip Making – Is associated with all the stationeries discussed above. Gem clip or paper clip is an essential education and office stationery item. The process of producing this is simple. Again, this business can be operated as a part-time or full-time basis.

More as follows;

Handmade Paper Making – Handmade papermaking is a craft idea. Its manufacturing process is also simple. In fact, students can use this handmade paper for project work for the school and for different craft making. With it, you can produce certain specialized varieties of paper, for example, watermark, filter paper, and drawing sheets, etc.

Flour Production : This processing business can be small or large. In fact, there are export need of milled cereals all over the world. Flour is simply produced by milling food grains. In addition, there are varieties. Different varieties or types of flour are used to prepare different foods. You can choose from Wheat flour, brown flour, whole wheat flour, wholemeal flour, etc. The milling process is simple. So you can initiate this on a small-scale basis with simple machinery. Everything milling require a milling business plan. Get one from us today.

Garment Manufacturing – This is a business that require some basic experience in garment related activity. If you have this, starting a garment manufacturing business is a profitable business. Just look for small machines to start on a small scale. However, because it fall into fashion business the market is competitive. As such, selecting the right product segment is critical in making a successful garment manufacturing business. Making Ankara accessories, beads and wireworks are associated with this.

As a matter of fact, the business plan we do for you will set you on a good footing. Click here for contact.

Fruit Bar – There’re assorted fruit in the tropical countries. Nigeria in particular has a lot of them. So, why not start Mango, pineapple fruit bars. The making process is simple. If you can install a simple machinery, a small-scale unit can be initiated even from home also.

Fruit Juice Production – In fact, this is a sub-set of the fruit bar discussed above. Fruit juice is a ready to serve item. Another popular product is squash. As you know, these re very popular throughout the year, especially in summer. You can initiate one on a small-scale basis. Then, you have to choose your product according to the availability of raw materials in your locality. This business is good for full-time house wives.

Grape Wine Making – Is another fruit related product you can get into. Grape wine making involves fermenting the grape juice. The major raw material required in this process is grapes. However, Grape wine-making is capital intensive and requires proper operational and marketing strategy.

Ginger Garlic Paste Processing: It’s important to note that instant mixes and spices are becoming more popular. That’s why the demand for ginger garlic paste is also increasing. In fact, Ginger and Garlic Paste is mainly used as condiment in various food preparation. It also serves as a carminative and gastric stimulant in many medicinal preparations. So, you are in a good business if you start now. In fact, the product has an immense export market opportunity.

Furthrmore,

Export Businesses: If you have followed us duly in this article, you would have noticed the export business tendencies of many of the products as business ideas. If this is your own idea, we will help you with a winning bankable business plan . We will also incorporate your business at CAC and get you an export licence . Again, we will help you with foreign buyers.

Ginger Oil Production – This product is applied in the confectionery, beverages and baked products. So, Ginger oil production is a profitable small business manufacturing idea. Furthermore, this business can be started as small or medium scale.

Yet more are;

Groundnut Oil Processing – In Nigeria, this is common in the Northern part. But it’s produced here manually. In fact, Groundnut oil production in Nigeria is financially a profitable venture with huge export potential. However, initiating a groundnut oil production business requires a business plan and feasibility study preparation which we can do for you. Just call +234 8034347851. The business plan will highlight all production value chain and marketing requirements.

Hair Band Making – Hair bands re popular hair accessories for girls and boys. So, hairband making is one of the lucrative small business manufacturing ideas. In fact, you can start this business on a small scale basis. Currently, the trend in fashion upgrade and changes, call for different types of fashionable colourful hair band that are now becoming very popular.

Yet are more, like;

Honey Processing – To process honey, you have to remove the wax and other foreign unwanted particles from the natural honey. The two systems to be used include the manual or electric driven system. So, the production process is simple. You can start on a small scale.

Hospital Rubber Goods Consumable – Hospital or diagnostic rubber consumable item manufacturing business is a profitable business idea. However, it’s important to select the right product. In fact, several different types of pipes, bags, gloves and many other rubber products make up the consumables hugely used in the hospital industry. Open your eyes here to see so much opportunities that slip away from you, even now.

Get more here;

Ice Block Manufacturing – Ice block is of multiple purposes. In fact, they’re essential for transportation and preservation of frozen food. Frozen drinks and water are all by ice block especially during the heat time. This is why your ice block unit must be suitable to local demands.

Iron Fabrication: May be you thing, this is not a manufacturing business. Just visit any of the iron welders around you. As a matter of fact, the ice block manufacturing business narrated above uses fabricated ice block making machines produced by this unit. I tell you, there are other fabricatable production units you can produce as a welder.

Ice Cream Cone Making – This is an accessory in ice cream business. Ice cream cones come in different shapes for many varieties of flavours and forms. Of course, there is a demand for this product throughout the year. In fact, its demand increases year after year. So, with continuous increase in sale of ice-creams, demand for the cones will continue increasing.

Ice Cream Making – As you can see from above, the manufacture of ice cream could be different from those of the ice cream cone. In fact, the production of the cones can be outsourced. In the main, ice cream making is a profitable small business idea. This is a frozen blend of a sweetened cream mixture and air, with added flavourings. A wide variety of ingredients are applied to produce ice cream.

Invitation Card Making – This could be artistic. So, you can initiate an invitation card making business with some simple machinery. The process is very simple. It does not require so much personnel to be paid for. That qualifies it as a profitable business idea. Currently, invitation card industry is booming. In fact, the demand is increasing day-by-day.

Iodized Salt Production – The consumption of sufficient amount of iodine fortified salt helps avoid iodine deficiency in human beings. Because Iodized Salt consumption is directly related to population growth its demand growth is steady. Therefore, any production process will certainly be a profitable one.

Jam Jelly Making – In fact, Jam jelly-making business is lucrative. Furthermore, you can start the business on a small scale with low capital. With proper planning and strategy, which we can provide for you, you can even start from your home. Just think of any petroleum jelly product to design.

Hamper Bag Making: This is a natural product. The main raw material is available in certain locations of the country. Because it can be made with different fibres, it’s important you carefully choose your type, demand and location.

Lathe Machine Unit – Lathe is defines as a machine for shaping wood, metal, or other material by means of a rotating drive which turns the piece being worked on against changeable cutting tools. By its nature, therefore, the lathe is one of the most important tools for various several machines. The aluminium roofing sheet producers use one for of manual lathe or the other. Those who fabricate this lathe, iron welders/fabricators are in big business already.

Leather Bag Making – There are different types of leather bags. It’s another designer’s web. They are very popular among people. So, you can make, Laptop bag, handbag, wallet, ladies purse, folders etc. The leather bag making process is simple with little sewing knowledge. The main raw material is finished leather.

Livestock Feed Production – In the livestock business there are several livestock feed items. In fact, their demand continues to increase day by day. As a matter of fact, you can produce cattle feed, fish feed, and poultry feed. You can do one or a combination of them. In fact, this is one of the profitable small business manufacturing ideas you can start with moderate capital investment.

Meat Processing: Meat processing uses one form of technology or the other. These are the steps and procedures in the manufacture of processed meat products. Processed meat products undergo one form of physical and/or chemical treatment. On the other hand, you must have the proper distribution and marketing strategy to make this business successful. We can start you off with a winning business plan.

Milling Business – Generally, milling business opportunities in Nigeria involve wide manufacturing operations. Considering the raw material you want to mill, you can initiate different types of mill business as small or medium scale industry.

Mini Paper Mill – This is an excellent business idea. In fact, it’s one of the most profitable paper business ideas one can initiate with substantial capital investment. However, one need to be careful in selecting the location. Such factories are usually located near source of raw material.

Noodles Making: This enjoys a boom in the food service sector. Majorly this involves fast food. In fact, the fast food chain has widened the demand potential for Noodles. The two popular types of noodles are the normal and the instant types. The process is quite simple and doesn’t require much-skilled labour.

Nut Bolt Making: This business comes under the light engineering product manufacturing. In fact, nuts and bolts re a type of industrial fasteners. They are used in various products, machines, structures, etc. as fasteners. Therefore, nuts and bolts consist of a major link in the family of industrial fasteners.

Sachet Drinking Water Production: There has been increased awareness of good health generally in the country. This is in connection with the scarcity of getting pure drinking water nowadays. So, these have created immense market demand for packaged/sachet drinking water. The need for this is for both domestic and officially. In initiating packaged drinking water business, it is important to register and undergo NAFDAC inspection in Nigeria. Our business plan will help you here.

Still get more here;

Packaging Box Production: This is an essential item in the packaging system. If you understand that every product requires packaging to go to the market, you then understand what business you are into. So, the demand is huge and steadily increasing. In fact, the manufacturing process is simple. However, certain manually operated machines are required for a small capital investment.

Palm Oil Processing: There are both traditional and mechanised processing. The mechanised processing requires a milling plant. The main raw input is palm fruits. Palm oil is both locally and internationally an important edible oil. This is in addition to its industrial uses. Palm oil processing is profitable and capital intensive. Types of palm oil processing units differ in the level of mechanization of each unit operation and the interconnecting materials transfer mechanisms. Our Palm oil processing business plan will direct your more on what to do.

Paint Manufacture: In pain manufacture, you have to understand the application of the four main components in the production. These are the pigment, binder, liquid, and additives. The pigment provides the texture, colour and the hiding properties of the paint. In this production, you have also to consider the application methods. Your product must be able to be adaptable to applications such as for spray application, brush methods, and electrostatic spraying.

There are a lot of people in this business already. A winning business plan from us will make you stand out differently.

Paper Bag Making – This goes for celebration occasions, shopping and many others. Therefore, paper bag making is one of the most profitable paper business ideas currently. In the countries where plastic carrying bags are no longer welcomed, this business becomes a huge opportunity for investors. In fact, there is a huge market for all types of paper bags, shopping bags and paper gift bags. Others include brown craft paper, and customized gift bags to shopping malls, franchises of companies, and personal showrooms among others.

Additionally are;

Paper Cup Making: This is associated with the paper bag discussed above. In fact, the businesses can be combed as complementary products. Circumstances make paper cup making business one of the most lucrative small business manufacturing ideas in Nigeria. The fact that paper cup is a disposable item makes it profitable.

Plastic Product Manufacturing – Small plastic products re essential household items. The popular ones include plastic balls, mug, bulti, small container, drum, toys, etc. With a simple plastic dye machine, you can start the business.

Potato Chips Making – These are sliced, thin and fried potato chips. They are very popular ready-to-eat snack items. Potato is also cheaply available. Furthermore, the chips making process is also simple.

Get these more;

Potato Powder Making – This is another potato product. Potato powder is in fact an important ingredient for a variety of food preparations. It may be involved in the preparation of snack foods, soups, curries, and other dishes as a thickening agent. However, potato powder manufacturing may require mechanised system which makes it a capital-intensive business project.

Rice Mill : This business has a lot of other business opportunities attached to it. In a processing system like this, you can process paddy to produce edible rice. You can also produce rice bran oil. In fact, the by-products here can launch you into animal feed production. Just define your niche. The mini rice mill which you require consists of a paddy cleaner, sheller, separator and a polisher. You will find out that rice mill of any size is a profitable food processing business. There is a business plan for this. Contact us today. But click here to get the online version.

Rubber Band Manufacturing: Rubber band of any size is sellable. As a matter of fact, the rubber band is a retail and household consumable item. The newspaper industry also uses massive quantities of rubber bands. These they use to keep the individual newspapers rolled or folded together before home delivery. Since the rubber band manufacturing process is very simple, any individual can initiate it with small start-up capital.

Rubber Floor/Foot Mat Making – This is a lucrative business, even at a small scale. The manufacturing process is simple. Rubber floor mats include industrial rubber mat, anti-static mat and anti-vibration mat. Others are; anti-fatigue mat, high school wrestling mats, rubber mats for use at home, house entrance mats, interior mats and so on.

Rubber Gaskets Making – Furthermore, this is another profitable rubber business idea. Several different types of rubber gaskets are generally used by the automobile industry. In fact, other large factories use this too. An individual can initiate this business by establishing a small scale manufacturing unit.

Rubber Stamp Making – I see a lot of people doing this. In fact, this is a small scale business you can manage. Indeed, you can start rubber stamp making business as a home-based one. Polymer rubber stamp is now very popular for official use. As it’s now, you can start this business with very small start-up capital. You can also add pre-inked rubber stamp to this normal rubber stamp. All of which have very good market demand. In fact, you can structure this business outfit to produce up-to 10 industrial and domestic items in your mini factory. If you are finding this difficult, contact us; we will help you define your production concept, scope and value chain and what to do with them.

Again, are;

Toys Making – With simple machinery you can initiate toys making project. In fact both the machinery and raw materials are easily available. The production process too isn’t complex. Again, the product has very good demand.

Slipper Manufacturing – These’re rubber footwear made from different colourful rubber sheet. It’s also a small scale profitable business. Some of these you can start and do from home. Of course, the slipper is a household consumable item. In fact, almost every individual uses this as casual wear. With the size of our country population, the demand for the rubber foot ware increases day-by-day.

Soya chunks processing: This soya chunks production process involves milling, mixing, extruding and cutting. The major raw materials re soybean meal and peanut meal. In fact, in certain parts of Nigeria, this is one of the most profitable food processing business one can start with moderate capital investment.

More of these are;

Soy Sauce Production – This is another product from soybeans. In fact, the major raw materials for soy sauce production are soybeans, wheat, and salt. In deed different manufacturing technology models are available to produce different types of soy sauce.

Sugar Candy Manufacturing : This is a sugar confectionery. In fact, sugar candy is a hard-boiled sugar confectionery. The popular flavours you can manufacture include those for orange, pineapple, mango, mint, strawberry etc. Recently, Sugar candy manufacturing has become one of the most popular food processing business ideas.

Sunflower Oil Processing – You need sunflower seed to produce this oil. However, you must be ready to undergo the long way of purifications in oil processing. These stages are mechanical cleaning, hydration, neutralization, bleaching, freezing, deodorization, and nitriding.

Follow us still for more;

Tissue Paper Making: Currently, due to increase in population and urbanization, the demand for household paper products is increasingly high. There are varieties here. So, you can produce assorted items like tissue paper, facial tissues, and paper towels with simple machinery. Because these are consumable item, you can initiate the project by concentrating on one or two peculiar products. That will give you room for future expansion. Household/tissue paper product making is one of the most profitable and trending paper business ideas nowadays. This business may require a business plan which we can do for you.

Tomato Processing: This is another food processing business. In fact, assorted types of processed tomato products are very popular now. The only raw material required is fresh tomatoes which is considerately available throughout the year. Popular among the products are tomato sauce, puree, juice, ketchup etc. In fact, this same processing can also produce tomato pulp for other small-scale industries if you so plan it. After all, the production process is not complex. However, this business requires simple machinery and equipment. A good business plan will help you here.

Woodworking: Woodworking business is a very good and profitable opportunity. It’s good for those individuals who are really looking for a home based manufacturing idea with small start-up capital. You will need some technically upgraded machinery for woodworking. Then, select the right product according to your environment/ local market demand. In any case, you must focus on the right niche to get success in this business.

CONSLUSION:

Business start-ups:.

Here are several manufacturing/processing business ideas you can embark on for life. In fact, many of them you can do on part time basis. They are good for sole proprietorship and for partnership businesses. In fact, many of them you can start on a small scale or large scale as a limited liability company. Again, if you are having problem in combining them, we can come to your aid if you wish.

Furthermore, our business development service experts will help you with suitable business plans, export, mining and other licences like NAFDAC licence to start off your business. As a matter of fact, we will help register a business name or company for you at Corporate Affairs Commission (CAC) here in Nigeria.

Existing Businesses:

For ongoing businesses, you will require us to structure your internal control system. Review your business plan, process your tax clearance, PENCOM, ITF and NSITF compliance certificates to qualify you do some business with the federal government of Nigeria. Contact on +234 8034347851 or [email protected]

Government Empowerment Programme:

This website – https://compltefmc.com – provides you with enough business ideas for any government youth or special class of individuals empowerment programme. Think of Presidential Youth Empowerment Scheme (P-Yes), the CBN Small and Medium Enterprises Credit Guarantee Scheme (SMECGS) – for promoting access to credit by SMEs in Nigeria, SMEDEN & BOI credit schemes, etc. All of these require a business plan to get.

Mentorship:

Complete Full Marks Consultants Limited, floats an entrepreneurship empowerment centre. The Complete Entrepreneurship Empowerment Centre (CEEC) offers training packages for would-be and existing entrepreneurs to empower them do their businesses better. Admission is FREE. Click here for further information.

Would you help us share this article to reach your friends and well-wishers? Remember, sharing helps you keep the bond of friendship. If you want an update on this publication, then, follow us on any of our social media platforms.

Deacon Anekperechi Nworgu, a seasoned economist who transitioned into a chartered accountant, auditor, tax practitioner, and business consultant, brings with him a wealth of industry expertise spanning over 37 years.

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Electric Concrete Pole Manufacturing Business Plan in Nigeria

Electric Concrete Pole Manufacturing Business and Financial Plan

Our Electric Concrete Pole Manufacturing Business Plan in Nigeria is well documented and can also be used for, but not limited to:

Grant Applications,
Bank Loans,
Proposal writing,
Business Concept Note,
Competitions e.t.c

Purpose of the Electric Concrete Pole Manufacturing Business Plan in Nigeria

Benefits of the electric concrete pole manufacturing business plan in nigeria.

The Electric Concrete Pole Manufacturing Business Plan in Nigeria is beneficial because

It helps in outlining the steps needed to achieve the business goals and ideas.
It helps to articulate strategy to stakeholders who support the business.

Importance of the Electric Concrete Pole Manufacturing Business Plan in Nigeria

The Electric Concrete Pole Manufacturing Business Plan in Nigeria is important because

It will assist you in making sound decision in the administration of the commercial enterprise which will make a contribution to the success of the business.
It will additionally gives distinctive statistics on all components of the business, outlining the business desires and the steps required to achieve them.

Content of the Electric Concrete Pole Manufacturing Business Plan in Nigeria

Executive Summary
Introduction
Business Description
Keys to Success
Products and Services
Market Analysis
Our Target Market
Pricing Strategy
Competitor Analysis
Sales and Marketing Plan
SWOT Analysis
PEST Analysis
Operational Plan
Management plan
Financial Plan and Projections
Financial Diagnostics

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Textile Design and Manufacturing Business plan in Nigeria
For the remaining part of this business Plan, including the detailed financial analysis, please call on 08105636015 or 08076359735 or 08113205312 send an email to [email protected]. We help institutions and organizations to write concepts and implement Business Plan and also train on business Plan writing in Nigeria.
35+ Lucrative Small-Scale Manufacturing Business Ideas In Nigeria Or
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Fair and highly competitive prices, with discount offers. For the complete part of the machinery manufacturing business plan in Nigeria, alongside the detailed and accurate financial analysis. contact any of our business consultant on 08105636015, or on 08076359735, or send an email to [email protected].
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Just call +234 8034347851. The business plan will highlight all production value chain and marketing requirements. Hair Band Making - Hair bands re popular hair accessories for girls and boys. So, hairband making is one of the lucrative small business manufacturing ideas. In fact, you can start this business on a small scale basis.
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We help institutions and organizations write concepts, implement Business plans, and train on business Plan writing in Nigeria. We can help you write a detailed, bankable and comprehensive business plan for your business idea. Call any of our business plan consultants on 08105636015, 08076359735 and 08113205312.
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Business: BLOCKS PRESS BRICKS MANUFACTURING Industry: BUILDING (Blocks and Masonry Producing Business plan in Nigeria) PATILAD BLOCKS AND BRICKS specialised in an manufacturing of home concrete, bricks and blocks for masonry, builders associations, housing consultant, project agencies, construction workers, etc. unseren secretary is located at Offa, Kwara State.
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Major Competitive Advantage OF Manufacturing and Infrastructure Business Plan in Nigeria. The use of technology; High quality; Affordable prices . For the remaining part of this business plan, including the detailed financial analysis, call any of our business plan consultants on 08105636015 or 08076359735, or send an email to [email protected].

35+ Lucrative Small-Scale Manufacturing Business Ideas In Nigeria Or Africa

1). Garri Processing Business:

2). Bead Making Business:

3). Liquid Soap Production Business:

4). Basket Weaving Business:

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6). Shoe Making Business :

7). Hibiscus Drink Production Business :

8). Tiger Nuts Drink Production Business:

9). Pure Water Production Business:

10). Palm Oil Production Business:

11). Furniture Production Business:

12). Bread Bakery Business:

13). Orange Juice Production Business:

14). Yam Flour Production Business:

15). Wig Making Business:

16). Fertilizer Production Business:

17). Sweets And Candy Production Business:

18). Cake Production Business:

19). Snacks Production Business:

20). Chalk Production Business:

21). Ice Block Production Business:

22). Milk Processing Business:

23). Building Block Production Business:

24). Match Sticks Production Business:

25). Smoothie Production Business:

26). Honey Processing Business:

27). Ice Cream Production Business:

28). Salt Production Business:

29). Handbag Production Business:

30). Face Mask Production Business:

31). Potato Chips Production Business:

32). Food Processing Business:

33). Popcorn Production Business:

34). Coconut Oil Production Business:

35). Notebook Production Business:

36). Insecticides Production Business:

To Sum It Up

What are your thoughts on these 35+ lucrative small-scale manufacturing business ideas in Nigeria, Africa and many other places around the world? Let me know by leaving a comment below.

Teniola Tayo

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Aluminum Doors and Windows Business

Aluminum Doors and Windows

By BPN Staff

Palm oil production and processing business plan in Nigeria

Overview of Palm Oil Production in Nigeria

Overview of Palm Oil Processing

Uses Of Palm Oil

Requirements Needed To Start Palm Oil Business

Production season of palm oil:

Where to get palm seedling for planting:

Is the palm oil business profitable?:

How much does it cost to start a palm oil business?

Popular palm oil producing states

Types of palm oil business

How To Start a Palm Oil Business In Nigeria

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Research Document: NESG Manufacturing Policy Brief

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Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Business Ideas

In addition are;

Furthermore,

In addition;

And more are;

Top Profitable Small Processing & Manufacturing Business Opportunities in Nigeria

Get more here too;

And more here, too;

More as follows;