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Nairaland Forum / Nairaland / General / Business / What Valuable Item Can 1 Million Naira Really Buy In Nigeria? (51170 Views)
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Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by harmony75: 11:39pm On Apr 06, 2023 |
Land in some part of Lagos! 1 Like |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Smartwave: 11:39pm On Apr 06, 2023 |
amigo1088:Why North?? What is wrong investing it at Southeast, our new paradise 2 Likes 1 Share |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Kworrecttv1: 12:01am On Apr 07, 2023 |
In nigeria. Frezhkid10: |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by nedekid: 12:06am On Apr 07, 2023 |
humberjade:What I meant is that area is to the extreme. Seems to Pass the stage of being called outskirts. As per the second paragraph, it seems to be unsafe to prospect land on the extreme outskirts in the hope over time it will be valuable for use. The recent trend is that those lands usually end up in dispute as the locals end up reselling the land to other parties once the areas starts to appreciate. 2 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by seanwilliam(m): 12:06am On Apr 07, 2023 |
bonnyhope:some of you love to twist post to suit your narrative. You deeply understand what he meant but you’re being mischievous 2 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by liquidmetall: 12:06am On Apr 07, 2023 |
YoungLionken: Have you been to anambra before You have problem with the igbo's?? Please who the hell are you ? |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by k00lxpert(m): 12:11am On Apr 07, 2023 |
You can re-invest in a joint venture building contract and let’s make more money 1 Like |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Shnew: 12:21am On Apr 07, 2023 |
I love this idea and it a very good one. A mini grinding processing plant. as I’m thinking about it now, when my money is up to certain amount I’ll give this a try I’ve a good feeling. Cause garri na part of life. This can set up a mini grain grinding or cassava-to-garri processing plant. With one diesel engine, two gratters and one haudralic pump. If you re lucky, to get a sensible operator, this can generate a profit of at least 4k a a day, when sited well. "All things being equal"[/quote] 4 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by seanwilliam(m): 12:22am On Apr 07, 2023 |
inoki247: Most of them understand your post and the point you’re driving at, they’re just twisting it so we go know say they too sabi talk. 1m, though hard to find , but it’s cheap to spend these days. 5 Likes 1 Share |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by amigo1088: 12:29am On Apr 07, 2023 |
Smartwave: Because it's more cost effective to start a business in the north that southeast, also I am just giving my opinion. you can tell the OP to go to east and start a business with 1M 1 Like |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by YaQsGaYa(m): 12:33am On Apr 07, 2023 |
Woman o |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by 2paid2Bmad: 1:01am On Apr 07, 2023 |
77up: You’re a dvmb broke man, I’m not sure you’ve seen a million in cash…sh*ts practically useless, there’s no land anywhere habitable that’ll go for 1M, abi na sambisa you dey call your real estate?? 4 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Faposky95: 1:22am On Apr 07, 2023 |
Cadexa: Why Za Cow....why...!!!!!!! |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by lendahand(m): 2:00am On Apr 07, 2023 |
Pipefitter:lie with caution oga... 3 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by lendahand(m): 2:10am On Apr 07, 2023 |
Pojomojo:I have one for 97m now 3 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by jimcaddy(m): 3:14am On Apr 07, 2023 |
You can buy half plot of land for that amount, so what are we talking about. It's because we have used our own hands to devalue our Naira, that's why things are this way. Go to other African countries and find out how much they earn as minimum wage, then you will know that Nigeria is indeed a sick country. 5 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by coputa(m): 3:27am On Apr 07, 2023 |
uncleck:Stop deceiving yourself and others.one million naira can build a self contain in a remote location. 2 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by belcom10(m): 4:44am On Apr 07, 2023 |
That's why you see them going into crime. To meet up. YoungLionken: 5 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Herdamorlar: 4:56am On Apr 07, 2023 |
At least you can start family with 1million. Marry cheap wife for 300k, rent house 300k, feeding 200k, save 200k for wife delivery hospital bills 3 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Unrated900(m): 5:36am On Apr 07, 2023 |
Honda baby boy |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by 77up(m): 5:40am On Apr 07, 2023 |
2paid2Bmad:When you see people rushing to insult people like this, just know they are either one reckless over fed kid or senseless old man. Even as I'm talking to you now, part of the location selling now in my company are spread across Oyo, Ogbomoso,Osun and Kwara and trust me , you will even get change from 1m with 1acre at some of these location, all you need is leave it for some time to appreciate and cash out later. I have where you can start building now that you can get 2plots with that 1m in Osun. When I said you can get plots of land or even acre in a surbub area, I know what I mean and intelligent people already understood not some numbskull like you, now get lost fool. 9 Likes 2 Shares |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by DaddyCash: 5:42am On Apr 07, 2023 |
Start a POS business with it. It's less risky. 2 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by RockyEyo(m): 5:44am On Apr 07, 2023 |
Lannyjoe4u: Talk to me |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by RockyEyo(m): 5:47am On Apr 07, 2023 |
YoungLionken: Try to travel a little; some people’s deepest village be like Ikeja in Lagos.... 2 Likes |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Pipefitter: 6:03am On Apr 07, 2023 |
lendahand: It's not a lie bro.. I have no reason to lie... I just got the attached pic off the net, apparently I undervalued it. The people that own vast land in my place are not willing to sell 3 Likes 1 Share
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Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Lannyjoe4u: 6:11am On Apr 07, 2023 |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by humberjade: 6:13am On Apr 07, 2023 |
nedekid: Well, you made solid points. Just like I mentioned, lawyer up while buying it, they know authentic documents to possess to safeguard it. And again, if you keep visiting the place to put something on it from time to time, it will be difficult for the locals to do anything funny. Grease necessary palms too, like the Baale or the community leader. Buy him some assorted wines and give him small cash at intervals. In all of these, some of the moves I mentioned might not be necessary if you study the environment well. You can even go to the barracks or police station, grease some palms, and they could follow you there like twice too, and then erect a sign board with the inscription "military zone, land not for sale, keep off". These measures are far reaching depending on the potential of the land. Note that every thing, every investment in Nigeria is a risk. Even if you buy liquids with the money, there is no guarantee you won't lose it one way or the other. The naija money markets are not stable, even foreign exchange is a big risk, and crypto, that's even worse, it can make you a millionaire before you go to bed, and a pauper by the time you wake up. 8 Likes 1 Share |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Samademir: 6:16am On Apr 07, 2023 |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Sirchiboy: 6:22am On Apr 07, 2023 |
Kworrecttv1:. What do you do for a living? |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Jeezuzpick(m): 6:26am On Apr 07, 2023 |
CodeTemplar: Snacks business will blow with ₦1m. Fish pond. If you have access to land. Anything food will do well on initial capital of ₦1m 1 Like |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by dangoteinlaw: 6:33am On Apr 07, 2023 |
Wodu89:what business, unless that business don’t require a physical location. 1 Like |
Re: What Valuable Item Can 1 Million Naira Really Buy In Nigeria? by Cadexa: 6:36am On Apr 07, 2023 |
inoki247:exactly. It doesn't stop there. |
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