RealEzee:

This sounds like a lot of capital but the yields is worth the venture with the rate of construction going on over there on the island

What's the range you think one can comfortably start this business with ,that's without owning your own dredging machine tho

I have no idea how much you will need to pay for rental of the site cos it varies and is the major expense you will incur but for renting a dredger and a good payloader to start operations you should need at least 5million.

Please note that there are still some other incidental expenses you will need to bear; for instance you will need to settle the Baalé of the local community, you also need to settle the youths and the community may also demand that you hire bulldozers to grade the roads from time to time because of the damage the trucks coming to pick up sand from your dredging site

TotoNaRubber:

Thanks, but my ideal location for real estate is Lagos. Haven't been to any of these states or know anyone who resides there.

Ok.

TotoNaRubber:
God knows I won't lose N5 out of that N15 million, worse case scenario, I convert everything to dollar and go for 1% annual interest rate.

I'm sure by 2027 naira v dollar must have hit N900/$, that is a guaranteed annual 10% interest rate and even more.

Don't be too sure... Once dangote opened his refinery, dollar will fall at once

[quote author=Ezlynn post=113080714]Real Estate, Transportation and cryptocurrency and you can buy bitcoin for as low as N500 naira on Yellow Card.[/quote

All of Dem na rubbish bizness

Go your villa set up a clean mortuary...I go my villa c one useless mortuary, but the basterds d Cash out walai..

Sorry but do you mean dangote not opening his refinery is the major reason why devaluation, inflation and USD rate keep going up?

bigpicture001:


Don't be too sure... Once dangote opened his refinery, dollar will fall at once

You can actually invest just #450k or more depending on you out of that money in real Estate and gain interest on it.

[quote author=TotoNaRubber post=112692618]Hello all,
I have N15 million I would like to invest in anything that can generate like 13 percent annual interest minimum every year but I am out of ideas what to invest in.

Could anyone advice which investment can guaranteed safety of my capital and interest for the duration. In the absence of any idea I may have to do small giveaway from it to my girlfriend who knows about it and is asking me for N500 k from it to buy iPhone.

Call me let's talk
07036780996

TotoNaRubber:
Hello all,
I have N15 million I would like to invest in anything that can generate like 13 percent annual interest minimum every year but I am out of ideas what to invest in.

Could anyone advice which investment can guaranteed safety of my capital and interest for the duration. In the absence of any idea I may have to do small giveaway from it to my girlfriend who knows about it and is asking me for N500 k from it to buy iPhone.

Suggestions are welcome.

Diversify the investment. Don't invest everything. In one entity. I will advice you to do crypto arbitrage, very unbelievably profitable with a fraction of that you can make at least 0.5% daily or more daily and arbitrage isn't concerned with the current price of crypto in the market.

Thanks for the detailed explanations.
Though it sounded like a business that requires more than 15 million naira.
The returns in numbers weren't much clear but I'm sure you can give all that when contacted.

SavageResponse:
I will give you a summary of how the business works

What you do is you go to a site that is suitable for dredging and you pay for a lease. There are several dredging sites on the Lekki-Ajah expressway, there is one beside Heyden filling station just before you get to VGC gate if you're coming from Victoria Island it is on the left side of the road.

There is another one just after you pass Sangotedo just before you get to Abijo. When you get to Awoyaya there are about 3 different ones that I know of there including one that is owned by a politician.

Now after paying for the lease and settling the omo oniles you move in your equipment which consists of the dredger and a payloader.

The dredger usually consists of s barge that has a large hose connected to it for sucking sand from the bottom of the river or lagoon and the payloader is used for loading sand onto the trucks that came to buy sand.

Now the process is that the dredger when switched on will suck sand and water from the bottom of the river and will pump it to the bank of the river.

The water will flow back into the river leaving just the sand.

When people come to buy sand the payloader will scoop sand from the heap and use it to load the truck. On average it takes about 6 or 7 scoops to fill up the bucket of a 30 ton truck.

The main risk of this business is that money comes in everyday therefore you must be on ground to monitor sales otherwise if you'tr not physically present if your workers sell to 15 trucks they will tell you that they only sold to 10 trucks and they pocket thhe rest of your money.

In this business you don't ever sell sand on credit no matter what!

Let's assume for instance you sell 5 trucks of sand on credit the person who bought form you will come back to pay you, what he will do is he will divert to start busing from another dredging site thereby leaving you to bear the loss.

If you invest your money in this business you will loose big time if you don't have tight internal control or if you do not understand the business!

Call me on 08121861479 let's talk, if its not okay with you, nothing to lose

DARLINGTON869:
Bro, keep your 15 million. What I have to offer you is the best deal with less capital and monthly ROI which you will ever get here on nairaland.

I have a huge functional sachet water factory with a vehicle. And it's been very profitable. I have a sales driver with huge market. You can partner with me by getting an open back vehicle as well as sachet rolls, and when I commence your production, you will be guaranteed a huge profit margin monthly.
If you are interested, call or WhatsApp me on 08038950142.
Below are pix of my factory

which area are u, which state, i have 2 satchet machine but i dont have a truck

Noemic:
I don't see what's the point of this all then if you cannot summarise.
Summarise how it all works and the basics of its business model that makes it so lucrative on here. That's the barest minimum before any serious person contacts you further.

Sand dredging is the process of removing sand and gravel from the different water bodies, essentially for the construction of buildings and roads.

A Shelter is the most basic need of man. Therefore, sharp sand is a commodity that gets sold easily anywhere across the globe. This business is also called “waterfront/side” business by local sand dealers.

The waterfront/waterside business booms with an increasing need for housing for over 200 million Nigerians. With the increasing number of structures being built daily and the ever increasing demand for the commodity, investors in the business are hardly out of business, irrespective of change in stock market prices, fall in Naira value, rainy or even dry season.


Areas Where Sharp Sand is dredged in Nigeria
In Lagos state, there are sand mining activities From Epe to Ikorodu; Lekki to Ojo and Badagry. Most of the lagoons in Lagos state are dredging site for sand dealers.

In Delta State, sand is mined in Ughelli North, Okpe, Udu, and Uvwie Local Government Areas, specifically in Effurun, Ovwian, Ugolo, Uvwiama, Agbarho, Oteri and Ughelli towns. Most river beds in the Niger-delta area witness sand mining.

If you stay around any major water bodies in the country, you should have noticed the activities of these local sand dealers. In River Niger in Onitsha, there are lots of sand dealers.

Any community that situated beside any water body will most likely be a good spot for sand dredging. Sand can be gotten from any rivers, oceans, and lagoons around the country.

Waterside/front Business Models
Below are the 2 primary ways in which investors make money from sand dredging in Nigeria

[b][\b] The capital intensive Model [b][\b]
sand dredging machineThis entails an investment of #15 million Naira to 50 million Naira. Investors who follow this investment model, invest big money in the acquisition of relevant dredging machines and equipment. They also invest big amounts of money in the acquisition of government sand dredging license.

Also, some money is spent on the acquisition of an ocean/river corner to be dredged. Investors will also have to settle the host community.

Most of these investors sell the sand direct it to big construction companies by per cubic meter or by tippers and per trailer and they also sell to the sand dealer that have invested lower capitals in the business.

Investment of this scale will require a business plan and market research to validate the business idea. You will also have to build a good marketing team that will help you reach out to big real estate and construction firms who will buy the sand in huge quantities.

If you need more assistance in starting the business, always use the contact form to reach me.

[b][\b] Low capital intensive Model [b][\b]
This entails the investment of capital between 5 million to Seven hundred thousand Naira. People in this level of the business, make use of locally made wooden boats other means.

They purchase sands from the dredgers who own the dredging machine, and then they come to the waterfront and sample their goods. they serve as the middlemen between the dredgers and those who demand sand for their various construction work.

You can participate actively by owning the boat or any equipment and selling your sand by yourself or you can invest with those already in the business and they give you steady returns on a weekly basis.

The waterside is where the tippers load the sand and deliver it to the persons who need them.

[b][\b]Steps to starting a dredging business in Nigeria[b][\b]

Starting a dredging business in Nigeria requires that you take the appropriate steps. This will allow your business to thrive and operate legally without facing unnecessary challenges with any professional bodies concerned. The following are important steps to follow and also serve as a guide for you:


Contact 080_899_14_634 (whatsapp) for more details and guidance.

RealEzee:
yes pls

Sand dredging is the process of removing sand and gravel from the different water bodies, essentially for the construction of buildings and roads.

A Shelter is the most basic need of man. Therefore, sharp sand is a commodity that gets sold easily anywhere across the globe. This business is also called “waterfront/side” business by local sand dealers.

The waterfront/waterside business booms with an increasing need for housing for over 200 million Nigerians. With the increasing number of structures being built daily and the ever increasing demand for the commodity, investors in the business are hardly out of business, irrespective of change in stock market prices, fall in Naira value, rainy or even dry season.


Areas Where Sharp Sand is dredged in Nigeria
In Lagos state, there are sand mining activities From Epe to Ikorodu; Lekki to Ojo and Badagry. Most of the lagoons in Lagos state are dredging site for sand dealers.

In Delta State, sand is mined in Ughelli North, Okpe, Udu, and Uvwie Local Government Areas, specifically in Effurun, Ovwian, Ugolo, Uvwiama, Agbarho, Oteri and Ughelli towns. Most river beds in the Niger-delta area witness sand mining.

If you stay around any major water bodies in the country, you should have noticed the activities of these local sand dealers. In River Niger in Onitsha, there are lots of sand dealers.

Any community that situated beside any water body will most likely be a good spot for sand dredging. Sand can be gotten from any rivers, oceans, and lagoons around the country.

Waterside/front Business Models
Below are the 2 primary ways in which investors make money from sand dredging in Nigeria

[b][\b] The capital intensive Model [b][\b]
sand dredging machineThis entails an investment of #15 million Naira to 50 million Naira. Investors who follow this investment model, invest big money in the acquisition of relevant dredging machines and equipment. They also invest big amounts of money in the acquisition of government sand dredging license.

Also, some money is spent on the acquisition of an ocean/river corner to be dredged. Investors will also have to settle the host community.

Most of these investors sell the sand direct it to big construction companies by per cubic meter or by tippers and per trailer and they also sell to the sand dealer that have invested lower capitals in the business.

Investment of this scale will require a business plan and market research to validate the business idea. You will also have to build a good marketing team that will help you reach out to big real estate and construction firms who will buy the sand in huge quantities.

If you need more assistance in starting the business, always use the contact form to reach me.

[b][\b] Low capital intensive Model [b][\b]
This entails the investment of capital between 5 million to Seven hundred thousand Naira. People in this level of the business, make use of locally made wooden boats other means.

They purchase sands from the dredgers who own the dredging machine, and then they come to the waterfront and sample their goods. they serve as the middlemen between the dredgers and those who demand sand for their various construction work.

You can participate actively by owning the boat or any equipment and selling your sand by yourself or you can invest with those already in the business and they give you steady returns on a weekly basis.

The waterside is where the tippers load the sand and deliver it to the persons who need them.

[b][\b]Steps to starting a dredging business in Nigeria[b][\b]

Starting a dredging business in Nigeria requires that you take the appropriate steps. This will allow your business to thrive and operate legally without facing unnecessary challenges with any professional bodies concerned. The following are important steps to follow and also serve as a guide for you:


Contact 080_899_14_634 (whatsapp) for more details and guidance.

lottomkyes200:
you see this money you have if you can go into grains business hmmm you will look for.me and thank with 100k after 6month. its a business u can do with less risk.

which state For Northern Nigeria you dey ?

I have my business already deals in buying and selling. Loan me 5m and pay 15% interest every month

preshman22:
Try investing with CALA
And get 30% of your capital monthly
Message me on Whatsapp
09160785224
For more details

Don't invest with Cala or Iearnbot. It's just another scam EDAI and TamerAI. To read how these scams work read the link below.

https://www.hatton-li-traders.com/about-2

Seunannointing:

Ok.

Real Estate in Lagos is a nice idea.. there are so many ongoing projects u can get involve with one..
Currently Selling are:
The Milton Project — Lands
Westwood Lakeside — Lands
Terra Garden — Building
Urban Prime 2 — Building
Hockley — Building
Northville — Lands
Isimi Project — Lands
You can call or message me to request for Brochures and videos of these projects.. and also schedule for site inspections
Also A plot of land Available in Meridian Estate, Selling cheap Owner Relocated.. All plot in Estate sold out
Call or WhatsApp
07045310766

grandmastergav:


Don't invest with Cala or Iearnbot. It's just another scam EDAI and TamerAI. To read how these scams work read the link below.

https://www.hatton-li-traders.com/about-2

Has it crashed
My friend was telling me that it was good but I haven't tried it out sha

You have not tried it before but you're here confidently advising someone to invest his 15million in it.

You're a goat!!!

preshman22:
Try investing with CALA
And get 30% of your capital monthly
Message me on Whatsapp
09160785224
For more details

preshman22:

Has it crashed
My friend was telling me that it was good but I haven't tried it out sha

TotoNaRubber:
Hello all,
I have N15 million I would like to invest in anything that can generate like 13 percent annual interest minimum every year but I am out of ideas what to invest in.

Could anyone advice which investment can guaranteed safety of my capital and interest for the duration. In the absence of any idea I may have to do small giveaway from it to my girlfriend who knows about it and is asking me for N500 k from it to buy iPhone.

Suggestions are welcome.

Hello,

If you can give me an opportunity or a chance for physical presentation or via zoom I can convince you to invest in filmmaking. It is very lucrative and for every film project you make you keep getting licensing fee on any platform that streams it till God knows…

.

TotoNaRubber:
Hello all,
I have N15 million I would like to invest in anything that can generate like 13 percent annual interest minimum every year but I am out of ideas what to invest in.

Could anyone advice which investment can guaranteed safety of my capital and interest for the duration. In the absence of any idea I may have to do small giveaway from it to my girlfriend who knows about it and is asking me for N500 k from it to buy iPhone.

Suggestions are welcome.

You can check my profile

Invest in Real Estate. My company has properties that are giving over 30% ROI annually.

Properties are located strategically and have a guaranteed growth rate annually.

Contact me for details 08098460929

TotoNaRubber:
Hello all,
I have N15 million I would like to invest in anything that can generate like 13 percent annual interest minimum every year but I am out of ideas what to invest in.

Could anyone advice which investment can guaranteed safety of my capital and interest for the duration. In the absence of any idea I may have to do small giveaway from it to my girlfriend who knows about it and is asking me for N500 k from it to buy iPhone.

Suggestions are welcome.

Could you provide details of the real estate here so other interested buyers can invest too.

Kakatres:
Invest in Real Estate. My company has properties that are giving over 30% ROI annually.

Properties are located strategically and have a guaranteed growth rate annually.

Contact me for details 08098460929

SavageResponse:
You have not tried it before but you're here confidently advising someone to invest his 15million in it.

You're a goat!!!

Do you mean greatest of all time??

God bless you sir, through your videos I have been able to acquire 6plot of land, as we begin farming I will always follow you up for some guidance and tips...... Thanks sir

amadasunfarm:

https://www.youtube.com/watch?v=KZHGRVESKro&t=305s