The best business to start with one million naira is the real estate business, as it is an easy business that could life changing lifetime income. Have you ever considered building an apartment otherwise called a House? The minimum price for drilling a borehole (including pumping machine and water tank installation) can be between 500, 000 and 900, 000 Naira. The most expensive house in Nigeria. 80% (N800, 000) in Fixed Income which will be split thus: - N400, 000 in Jetseed investments. This channel is oftentimes the cheapest. Mike made most of his wealth from the telecommunication and oil and gas business. That is why I have brought you this post to show you some of the most profitable businesses to start with 1 million naira in Nigeria and become a multi-millionaire in months. The interior of the house was designed by a famous interior designer, while the exterior was designed by a famous architect.
This process includes plastering, door and window fittings, among others. There are three swimming pools with a water cascade flowing from one to another. To start this business, all you need is a small shop or a kiosk and a show glass to showcase your products. Then get a shop, find spare part suppliers, and negotiate and purchase all kinds of motorcycle spare parts you could think of including tires, chain, piston and rings, bolt and nuts, plugs, etc. Depending on the size of your land and building, the cost of these materials, alongside the fees of laborers, can be between 1. Boo'd up – Music Buzz. What we find odd is that the property appears to be a nightclub, with very dim lighting and furnishings, as well as very gloomy interiors. An online search of houses for sale in Lagos and other big Nigerian cities shows that most new houses are large, family homes with rent of more than 1 million naira a year, nearly three times the annual minimum wage. His house is not only one of the most beautiful in Nigeria, but also one of the most expensive. Items are very cheap in China as you can buy a good-looking shoe for N800 on Alibaba, sort shipping and clearing fee for N1200, and sell the shoe for N5000 in Nigeria keeping a profit of N3000. Mike Adenuga is a famous business tycoon and the owner of the Globacom mobile phone network. The Okwudili Umenyiora's mansion is the most expensive house in Lekki and one of Nigeria's top ten mansions. A cyber cafe where you offer computer and internet services is also a very lucrative business to start with 1 million naira in Nigeria especially if you live in a school area.
Once your land is ready, you need to determine when to commence your building project. Sayyu Dantata Mansion. Reconnect between Monday 23 to Sunday 29 September and you could win furniture from Biggie's House or one million Naira. If you have extra money, you could also purchase land to build a new house on.
They all exude class, taste, and architectural savviness. Award-winning Nigerian singer, Davido is currently one of the richest artistes in Nigeria, so it's not surprising he owns a multi-million naira house. 5 million Naira, you can have a quality aluminum roof for your building. It was completed in 1998 and is said to contain 400 rooms.
Knowing the right land to purchase is often ascertainable during the rainy season because you can effectively assess the topography and check the level of erosion in the area. Okwudili Umenyiora is the CEO of Dilly Motors and a Nigerian businessman. Not like the mogul cannot afford it, but perhaps not interested to own a property in Banana Island. Forbes named her the richest blogger in Nigeria in 2016, and she was reported to have bought the gorgeous property in October 2016. Eam WAW Protects won the Task today taking home a N1, 000, 000 prize to share amongst them! Disclaimer If this post is your copyrighted property, please message this user or email us your request at [email protected] with a link to this post. From the printing of banners, flyers, T-shirts, pamphlets, calendars, postal, book covers, and so on, you can start making a lot of money printing merchandises starting with a capital of N1m or less. Mike Adenuga's house in Banana Island is said to have cost about N80 billion Naira as of when it was built and currently would be worth more than N100 billion Naira. DPC: 400, 000 Naira. He may not be serious on stage, but he takes his home furniture quite seriously. But it will certainly help know theamount of money you should budget. The house is said to have cost N80 billion Naira which is the second most expensive house in Nigeria taking after Mrs. Folorunsho Alakija's mansion located at Ikoyi.
After a woeful debut at the Betway Nigeria Arena Games, the Housemates finally have a winner and it's Praise. Whether you buy or sell, as long as your bias is correct, you'll keep earning money. Malami, 53, a lawyer from Kebbi State who was hardly known before 2015 when he was appointed into the administration of President Muhammadu Buhari, is today one of the richest men in Nigeria. In the past 10 years, he said, "the price of land has skyrocketed and development costs have also increased by over 50%. "Instead, they prefer to leave their houses empty until they can get people to buy them at the price that would help them repay their loans and make a profit, " he said over email. She wants to save and build a house for rent in Lagos in six years.
Click here to read more. The mansion is located on AY Makun street. The enormous main house is ornamented by around six Graeco Roman-styled massive pillars, which are typically found in the homes of the super-rich. Lands here minimum 1million to 20m and above. The furnishings and decor are all testaments to their riches and taste, and we are stunned into silence. The property has padded floors and Persian rugs, which have been imported, for inside the rooms. This business model is very profitable and easy to start as a lot of the needed materials to start are readily available in the country. Davido has yet to reveal the cost of this new opulent residence. He resides in Bourdillon Road in Ikoyi. See the top 4 Online Estate Investment Platforms You can Earn From Today. Some have speculated that the building's foundation alone costs as much as N100 million. Apply for Freelance writing jobs in Nigeria. She acquired the sprawling property back in 2015 and features an Olympic-size swimming pool, private garden, six-bedroom suites with bathrooms, private sitting rooms, and kitchenettes. If you want your house to be as standard as possible, then you have to employ the service of an architect to help you draft a building plan.
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