grandstar:
Please, what kind of mining related business can one delve into with 2-5m?

It could be something like the supply of granite. It could be mica, crushed stones, tin and so on and collect payment instantly.

I need something on that level.

FreeStuffsNG:
Mining in Nigeria is now heavily regulated and FG is monitoring the sector more seriously than before. I love mining too so I was very happy the day I discovered a mining company listed on the Nigeria Stock Exchange. If you buy their stocks, it helps you to monitor the sector more closely till you have enough funds to start on your own.

I think you will need more than that N2m-N5m in my opinion but visit mining sites to find out. Many are off Lagos Ibadan express way, Ibadan inbound, and at quarry bus stop, off Lagos-Abeokuta expires way too.

Last week, FG revoked over a thousand mining licenses, you can apply for the category of the license for individuals and start ups and start working up gradually.

You may go for quarry for a start. FG charges N1,500 per cardastral annually and you enjoy 3 years of tax break among many other benefits.

FreeStuffsNG:
Mining in Nigeria is now heavily regulated and FG is monitoring the sector more seriously than before. I love mining too so I was very happy the day I discovered a mining company listed on the Nigeria Stock Exchange. If you buy their stocks, it helps you to monitor the sector more closely till you have enough funds to start on your own.

I think you will need more than that N2m-N5m in my opinion but visit mining sites to find out. Many are off Lagos Ibadan express way, Ibadan inbound, and at quarry bus stop, off Lagos-Abeokuta expires way too.

Last week, FG revoked over a thousand mining licenses, you can apply for the category of the license for individuals and start ups and start working up gradually.

You may go for quarry for a start. FG charges N1,500 per cardastral annually and you enjoy 3 years of tax break among many other benefits.