1: 1ST BUSINESS OPPORTUNITYRESELLING AND EXPORT OF CHARCOAL.
Buy Charcoal from the rural areas and resell in the cities Do you know that you can make 100% profit if you buy your charcoal from the farm or production site and sell to the retailers; a bag of charcoal (32 to 35kg bag) is being sold for N450 to N550 from the farm, while the retailers sell to the final
consumer at N1000 to N1,500 per bag. (Not valid ) All you need to do is to buy the charcoal from the farmers and bring it down to the major cities like Lagos, Abuja and PortHarcourt and resell to the retailers. But it is advisable to find out if they have an association in your vicinity, joining the association will allow you to operate with peace of mind. Also, you can make use of rural people to source for log of woods,then it can be burned using petrol and cut into large pieces,packaged,transported and sell in the city.
Alternatively you can sell to exporters as alarge market exists in EU, USA and ASIA with prices ranging from $170 to $300 per ton (FOB Nigerian Port), depending on mode of packaging. The charcoal industry is a multi-billion dollar industry and a money spinner for interested investors.
To start with this venture,#50,000 will be enough including miscellaneous. For business plan, feasibility study on production and exportation, contact of buyers and sellers of charcoal
The trending challenge and impact of rural-urban migration have continued to generate great debates since the last three decades. Urban employment problems are a result of the phenomenal growth in urbanization and the inability of these urban centers to be able to utilize or absorb the urban labor that was created through the process of urbanization.
Approximately 50% of Nigerians are urban dwellers. At least 24 cities have populations of more than 100,000 Those moving from rural to urban areas
constitute certain classes, categories and strata of the society that are basically plagued with certain social and economic
problems in which poverty ranks highest and most fundamental. So without wasting your time, this article
will highlight in details, some lucrativ business ideas and opportunities you can engage in in towns or villages rather than remaining unemployed.