Since the outbreak of coronavirus, this is my first time of experience a complete worldwide shutdown of businesses, Government and religious activities, as we braced up to resume for duty, I have made comprehensive Business Ideas to Start in Nigeria After Lockdown
If you are like me a diehard side hustler trying to expand your stream of income, this post contained real-life researched findings on the best business ideas you can start in Nigeria after Lockdown due to how everyone will be rushing to make more money
Right now, Nigeria unemployment ratio is hitting a whopping chunk of 30%, every year, thousands of young graduates are released from National Youth Service Corps to join the labor market, unfortunately as more graduates are created no new job is created.
As the coronavirus ravage every sector, more jobs are being lost, some companies are already dismissing people through sms and video calls. and most people will have a pay cut in their salary, don’t you think it’s a wise thing to create another side hustle when this lockdown is over?
What you should know before you start up your business after this Lockdown
I want you to understand that for any business to succeed, there must be a persistent and consistent efforts despite the funds that were channeled in it, if no adequate efforts are made to management the business operational or running cost, everything will go down the drain
Skills That will help you site up any of your Business Ideas in Nigeria After Lockdown
You know there is no enough fund anywhere because of the lockdown effect, no one should lecture you on this, don’t spend anyhow on luxurious business gadgets or items, it’s not a rocket science, just ensure you prioritize on most important key things in the business that will move your business to the next level.
Skills and Expertise in that Field
if you are planning on establishing a laundry business or Catering system or online e-commerce shop, wouldn't it be nice to at least acquire the basic skills needed to move such business forward even if you were not the person to manage it?
The knowledge of knowing exactly what you want and where your business road map is heading will enable you sail through challenges, there are less chances of success if you are ignorant of your business terrain / niche.
Perseverance and Foresight
I know you will be wondering why I included it as a skill, funny enough this is a-must-have quality of an entrepreneur, when you listen to success stories of most entrepreneurs, the honest ones will tell you how consistency and perseverance led them to their fame stage.
Becoming an entrepreneur is a lonely path especially when the business ideas are in seed stage, most times you have to do everything yourself, this could be very overwhelming leading to doubts and loss of interest since the money isn't yet flowing, even when you get everything right, consistency and perseverance is the only ride to your destination
Business foresight is very crucial to ascertain when the business model isn't working to improve or adjust to the current trend of times, having perseverance is great but combining it with foresight will shoot you up above your limitations.
Having said that, here smart business Ideas to start in Nigeria after Lockdown and with much work can turn to a full time business which can create more employment opportunities in Nigeria
List of Business Ideas to Start in Nigeria After Lockdown
Poultry farming Business Idea:
Are you thinking of what I am thinking? OK let me give you a teaser, or a sneak peek while poultry farming should be your top business idea this year as a Nigerian, for over 5 months now, the Federal Government of Nigeria have closed our borders preventing the importation of rice and frozen foods such as chicken, turkey, fishes, etc
Before the closure of Nigerian borders, a Kilogram of chicken is sold N1400 for imported and N1000 for locally processed chicken product
Do you know as of the time of writing this article, a half kilogram of locally processed chicken is sold for N1000?
This is a 100% increase, even at that the product is not readily available in the market can you see the opportunities here?
There is no better time to start a poultry farm than now since the process of growing the chicks remains the same with or without border closure but the profit doubled, why can’t you do it? You can start a broiler poultry farm with as low as N50k and be earning up to 150k every 3 months
You can Also Check out How to Start a Grasscutter Business in Nigeria with less than 100k
Exportation Business Idea:
You know this article is not the regular huge list of 100’s of business you can start anytime in Nigeria, rather I handpicked this list to follow the trend of this year 2020 especially bearing in mind our economy and earning opportunities after this coronavirus Lockdown,
One of the challenges or some of the questions which will arise as you see this business idea on my list is, “I don’t know anything about exportation business”.
That’s right, I wouldn't wish to sweet tongue you, but have it in mind that soon the Nigerian Government is planning on devaluing Naira, because we are running short on our foreign reserve, on the positive side, if the business you embark on allows you to earn in foreign currency, then you are about to become a real millionaire.
Just checkout how much a dollar to Naira is right now,
There are many things in Nigeria you can exports especially Agricultural products or raw materials, processed food ingredients etc,
For proper training and legitimate guidance, there is a popular radio/TV reality program aired by Human rights radio 101.1 FM Abuja, where people are empowered towards a self-empowered future, its called Berekete Family Show, staring from 7:30- 10 am, Monday to Saturday
They offer cheap and reliable training in different areas of life such as catering, ICT, App development, CCTV installation, Networking, Importation Business, Online Business, Exportation business, Tailoring, bed & Duvet making, etc., you can join their Facebook or YouTube channel, Download their online radio on Google play store
Snacks Selling Business Idea:
This is one perfect business ideas to start in Nigeria after lockdown, before this period a lot of people travelled home, and as soon as this lockdown is lifted the road will be super busy
if you have gone through Lagos-Ibadan express road or Benin ore express road on a normal day, you would understand exactly what am saying, people make their living from packaging snacks likes: cakes, cocoa nut chips, chin chin, many more.
With this you can set up a business as well and supply your products to schools, supermarket, churches or even the grocery store, Sine you might not be interested in selling this yourself get a sales boy to help you sell them at strategic selling point.
Food Joint Business Idea:
AKA Buka, Mama put has been in existence since the days of our fathers, however smart entrepreneurs are revolutionizing it in a better way,you will agree with me that Nigerians don’t joke with the “stomach” True or False? Of course we don’t play with that!
So a Food Joint Business would be an income earning venture if you are good with kitchen and be sure to have a caliber of people patronize your services especially the working class people who live their home as early as possible after this Coronavirous pandemic is over.
Outside cooking for public, it saves you and your family the cost of daily feeding, O! yes, because most of the food leftovers will be ate at home. This is one of my recommended Business Ideas to Start in Nigeria After Lockdown for the ladies
Fruit bar Business Idea:
You will agree with me that fruits have great health benefits to us, this will not be a bad idea to opening a fruit bar where people come to have a great taste of fresh natural blended made fruit juice. fruit juice bar where people can use to quench them on a long day stress in place of alcohol. This is one of the Business idea model That will be best suited in big cities such as Abuja, Lagos, Portharcurt or places where there is influx of people.
Online e-commerce & Drop shipping:
Right now a lot of movement is being restricted to stop the spread of coronavirus, the only sector enjoying sales boom is the ecommerce nice, you can tap into this by taking your product / services online,
These days to develop an ecommerce website is very affordable, we can create and one for you at a very affordable price, just contact me
Starting a small importation business will not be a bad idea, you can start making money importing items such as laptop, phone, wrist watch, clothes, shoes and other hot selling item, you can sell this items on social media such as Facebook, WhatsApp, there are also some classifieds sites such as Jumia, jiji, usnapp, nairastreet where you can sell your imported Goods
Car hailing or Cab business
This is a quite an easy business idea to do after this lockdown, even with your personal car. Just register yourself to any of their platform such as Uber, Taxify or Bolt.
With this you are good to go, I love this venture more because it gives you the ease of mind, you can even do this as a side hustle after work to argument your monthly salary, and also
Before the outbreak of coronavirus taxis and local transportations carry a lot of passengers in one car but now it’s no longer possible, people prefer to use specialize taxies to commute, you can leverage on this to make some cash
Children Classes using Zoom
Little was known of Zoom an online web conferencing app/services until this lockdown, everywhere in my Facebook group is littered with zoom group ID from my friends,
During this coronavirus lockdown this is a smart business idea you can start in Nigeria
If you are a teacher before this lockdown, you can connect with your puppies parents under their supervision to run extra moral classes or lessons during this lockdown
Get across you church, or community group, announce to parents you are now offering an online class for their children, because schools are partially suspended most parents will jump at this, just give them a one time or monthly bill that is affordable
Vlogging Business idea:
VLogging is the act of making short informative, fun or entertaining videos about various topics in life, some of these people such as crazy clowns, mike angels comedy are now millionaire through publishing of comedy various.
We are all bored from works or staying too much at home these days due to lockdown and health issues, engaging yourself with creative ideas on YouTube is a sure way to earn real income, I have made a tutorial on how to create your own YouTube channel and make money from it
Day Care System
Gone are those days when our mums sit at home waiting for dad to return home with goodies or money for the family, today ‘s women are breadwinners in some homes, this implies that most of our mums are super busy this is why you should consider this business idea after lockdown.
it’s a dilemma for parent who are always busy, they find it difficult to care for their babies especially during this working hours. This is where you should carve a niche for yourself by creating a Day Care System.
You can also provide your services to the working class parent and busy mummies. Make sure your day care clean and well ventilated.
Though it seemed nice and promising, you must ensure that you register your crèche or day care services with CAC and ensure that every child in your custody is well secured to avoid theft finally remember you must be a lover of children to embark on this type of business idea
Repair and Sales of Gadget:
it’s one necessity, we all use phone and there will be a particular time the phone will develop problem which will require a repair man. Starting a mobile store outlet and a repairing center as well pays in the long run, however since Mobile phone sells is very capital intensive, you can start with repairing, and selling of mobile accessories such as chargers, casing, flash drives and memory cards.
Furniture Making Business Idea
You may see yourself making furniture for office and home usage. You really don’t have to be a furniture maker yourself to start the business; you can employ good furniture makers who you employ to make solid and beautiful furniture for you then you can handle the marketing and promote the business
Home Cleaning Services Business Idea
Due to how everyone is business these days, to clean a house or fumigate it has become another business opportunity which pays heavily, a beautiful thing about this business idea is that you only need your strength and some few chemicals to kick start it, you can even take up contracts to clean new houses, event center etc
in order to start this Business Ideas in Nigeria, you must try to network with house builders and real estate owners
Home tutor Business Idea
If you have a knowledge on some secondary subjects, you can start a home tutoring service. There are many pupils that really need assistance for their difficult assignment and with this you could make yourself a sweet cash.
Online Tutorial Services:
this is a fast gaining that has great reputation in Nigeria, you can involve training people on short tutorial courses, also helping students with their assignment and university students on their projects, with this you can basically add knowledge over this online service.
Tts another Vlogging niche however this area requires you to have a specialize skill, you can teach peple how to, fix eye lashes, how to design a web site or how to repair home gadjet, trust me this is cool business idea to start in Nigeria after lockdown with just your phone and internet acccess
As the federal government is easing this Lockdown and the world is grabbling with the long time effects it will have on the world economy, this is the best time for you to create extra means of earning to meet up with the rising daily cost of living
I made sure to scrutinize all these ideas before I Compiled them, so consider any of these as one of the most lucrative business Ideas to Start in Nigeria After Lockdown
Hi, I am Joshua Nwankwo, The CEO of Startup Ng and the founder of Afripals Interactive, Well I am a Civil Servant in Day time, a farmer at noontime and a Blogger in the evening.
My passion for being free from Government paychecks and also helping my fellow young people to be self-empowered is why I run this blog
An Animal Scientist by Profession and a blogger by passion, you can always reach me on my contact page for help or support