Many people will like to be their own boss one day, but deep down its just a hope because they lack fund and there is no one or organization that will give it to them or even lend them without collateral which they do not have.

Ohh, that's it let cut the crap!

Are you ready to own business and be free from your boss attitude and bad behavior?
Are you ready to get your destiny in your hand?
If yes, below is the lucrative business you can start with 50k or less in Nigeria.

1) Soap making / Production
Soap making as it pronounced is basically making soap from chemical material. You can make soap like bathing soap, dish washing soap, cloth washing soap, any kind of soap, so far there is market for it you are good to go.

Equipment needed for soap making
Chemical substances
Moulding machine
Trimming machine
Cutting machine

Cost analysis
Soap making equipment cost 10k to 15k
Packaging cost 5k
Recipe cost 5k to 10k
Chemical substance cost 20k

2) Mini importation
Nigeria value imported goods more than made in Nigeria, there is really a market for imported good especially bags and shoe. You can oder some of this good at cheaper price from Alibaba, America and European store and sell them at high price.

What you will need

Know how from books or mentor = 5k or free
Data: 1k
Delivery : depend on the kg of goods you order
Goods: buy from Alibaba/ JD

Item that sell well are

Head phone
Bag
Shoe
Car tracker
Phone case

3) Pop corn business
Porp corn business is a profitable venture if you can locate a good location. Your location should be closer to a large traffic source e.g road, school e.t.c. if you can get the location right you have little to worry about.

To start popcorn business you will need the following

Popcorn maker
Packaging e.g nylon
Pop corn/maize
Flavour

Cost analysis

Packaging : 1500
Pop corn machine: 30,000
Flavour: 1500
Maize: 13,000
Total cost: 46,000

4) Used car seller

I'm sure you would have encounter car that has for sale sticker or buy me. You can actually ask for the price of those cars, take their pictures and post it on classified site such as jiji, OLX and Olist, it cost you nothing just a transportation fee that will transport you from one place to another.

Cost analysis

You only need Amdroid phone

5) Backyard Poultry farming

Do you have small space at the back of your house, if yes count your self lucky. With 40k you can raise 25 broiler to 4 weeks and then sell to people around you. Broiler are in high demand if you take care of them well, people will keep coming to you, some might even give you money to raise for them.

Cost analysis

Day old: 6,500
Drug: 3,000
Feed: 2 bags = 14,000
Labour: you do the work
Total cost = 23,500
Profit
1 broiler = 1500
Mortality = 2
1500 * 23 = 34,500
Total profit = 34500- 23500
= 11,000 every 4 weeks

Continue

https://startuppreneur.com.ng/forums/topic/top-10-businesses-you-can-start-with-50k-or-less-in-nigeria-2021/