From a friend of mine.
He is 35 years old and couldn't enrol for the Youth service due to Age factor.
He is not married and he is an introvert.
He is based in Ph and lives on self contain of 200k.
He is currently unemployed and was able to save the sum of 1million.
He has two option hete
He wants to relocate to a village in Delta and start a business or use the 1million and buy keke or mini bus and start transport business.
Please advice him on how to make use of the 1million judiciously.

How did get that 1m? He should continue with it if it is legal.

I will do transportation instead Sha. Why? People will always move from one place to another. So he will always make money everyday.....it's a sure business in Nigeria

ok!

plsdisvirginme:
He wants to relocate to a village in Delta and start a business or use the 1million and buy keke or mini bus and start transport business.

He should forget the keke option as more and more states are going to ban keke just like they are banning okada. As per transport, he should tread carefully as a lot of people who have entered transportation had ton sell the bus for peanuts at the end of the day due to non profitability etc.

He could try renting a small shop - cheap and start a small beer par;lour / mama pu as every body must eat daily regardless of the economy but he should watch out as a lot of restaurant staff steal money, foodstuff and drinks. He can not afford to take his eye off the ball for 1 second or go to the market and leave the shop at the mercy of the staff. he should not also send staff to the market for foodstuff as they will pocket part of the money and he is better off having people come and supply him foodstuff in the shop daily.

Also, he should not employ ANY family member as staff as they will STEAL from him and encourage others to steal as well.

He could start small with a road side beer parlor where the chairs and tables are placed outside and sell only beer and turkey wings pepper soup so that food will not spoil quickly and he will be surprised that with just beer and turkey he can make more than £40,000 Naira sales daily and he can then introduce other non perishable food items based on customers demand but he will need a new freezer and a small Gen to power it as Nigerians like deep chilled beer and pepper soup to combat the stresses of daily living in Naija.