5 Very Lucrative Business Opportunities in Abuja
Abuja, the capital city of Nigeria, is one of the fastest growing cities in the world and one of the wealthiest cities in Africa; this makes it one of the best places to do business.
Aside being one of the wealthiest and fastest growing cities, it’s also one of the safest and most conducive cities for business. Jumia Travel, the leading online travel agency, shares 5 lucrative business opportunities for you to take advantage of when in Abuja.
Interior Decoration is one of the trending business in Abuja mainly because there is a large number of existing hotels, residential buildings, offices and restaurants (and more to be developed) that are ever ready to hire interior decorators to designs their buildings to make it look classy.
Data and Statistical Service
Due to the large number of ministries and international organizations in Abuja, there are great business opportunities for those who offer or can offer data and statistical services such as conducting researches, surveys and interviews etc.
Security Installations and Services
It’s safe to say that aside being the capital city of Nigeria, Abuja can also be referred to as the political capital of the nation. This mean there are a lot of politicians who reside there and are willing to spend a lot of money on security services and installations. In addition, security is also one of threats Abuja residents face and citizens will be willing to pay well for good security services and installations to help protect their lives and properties.
Mainly because Abuja is largely made up of working class, politicians, business people and expatriates, there is an existing and reasonably significant market for this business. As a private tutor, you can work full-time or part-time. A lot of parents in the city are willing to pay a substantial amount of money to private tutors to come to their homes to teach their children after school so that they can get better at certain subjects and keep them busy while they’re at work.
This list can hardly be complete without real estate. Real estate is one of the best and safest investments in the country, and with the growing population of Abuja (the population grew by 139.7% between 2000 and 2010) you cannot go wrong with real estate investments. A lot of people make good money in Abuja by building houses and offering them up for rent mainly because rent in Abuja is very expensive compared to most cities in Nigeria. Land prices have also always been on the rise in Abuja mainly because more development is expected to reach many parts of the city. If you don’t have enough money to invest in capital for real estate development, you can make money becoming a real estate agent.