madridguy:
@ OP sit down for US and stop looking for what is not. Nigeria is only good for the rogues in the govt, their family member,or associate.

Still no light, no security, health sector zero.

Boko haram, fulani terrorist, militant, kidnappers, ritualist, baddo boys, army robbers to mention few are making Nigeria the most dangerous place on earth.

Alcatraz005:


It has been nice engaging you on this migration issue. I am done for now but as for pidgin2, her matter dey Supreme Court. I would make the travel section my new home and i would debunk her every lie, baseless innuendos and gross misrepresentations of the situation in Nigeria.

Good night.

chronique:


Lol. You need to see how I'm laughing seriously here.

BluFlyBoy:
Greetings my fellow Nigerians. I'm facing the prospect of coming back to Nigeria after 8 years in the USA. I finished my post-graduate degree and I'm coming back with a Bsc, MBA and 2 years of work experience in the telecoms industry. I want to know from my people back home, how is the general national feeling, how they enjoy their lifestyle/quality of life and the hard-truths of what I'll be facing coming back as I've been so far removed from the national consciousness because I've been in the USA for almost a decade. I feel passion about my country and people but I need to know what too expect. So my people are you happy with life back home?

erico2k2:

Are you for real??

Pidgin2:



Hahahahaha N15K soup the guy has just made laugh so hard hahahaha, he didn't name this special soup for us o, I can't wait to read the name

babaskool:


Yes 30k dollars is just about 10 million naira
And yes 30k can build a petrol station
I have statistics in documentary form to back these facts up.
Nevertheless by my statistics here is a summary of how much it costs to build a petrol station in Nigeria
1.Empty Land ( 1plot is idea but 2 plots is preferable -budget -500k -900k

2. Service station ( this is the building in the middle of every petrol station where the attendants stay or dispense other items except petrol from or where the managers office is located.. It is commonly a rectangular shaped building the size of 2 rooms. Mud blocks can be used to save cost and cheap corrugated roof can be used in it's construction since it building itself is almost useless as it doesn't in real sense bring any income for the petrol station when in operation. Budget 1.5 million to 2 million ( foundation 400k, construction to lintel 300k, roofing and plastering 1.2milion naira )

3. Underground tank - this is the actual most important part of a petrol station so it's advisable to build this first before constructing the service station ...price varies but most popular version is in form of a septic tank which almost everyone has in thier homes just that the plastering would be different to accommodate the petroleum products to be kept In them....budget 800k to 1.5 million naira

4. Fuel pumps/dispensers - for some very crazy reasons fuel pumps and dispensers cost a fortune even though it's a pump and an electronic meter to measure the quantity of liquid being dispensed is in all of them.... Fuel dispensers are expensive so budget 1 million for each unit ... The minimum you need is 2 units, on average you might need 3 fuel dispensers ....so budget 3 million

5. Shield for the fuel dispenser...this is made to provide shelter and illumination for the fuel pumps. They can be made from anything so far it does the job ...budget 200k

6.misclleanoues expenses which include the cost of applying for license to lift petroleum from Nnpc depots (if you have ur own tanker if not you can simply enter an agreement with someone that has ) and other operating costs -1 million naira

Total costs
1.empty land- 500k .....500k for a piece of land to build fuel station in Nigeria, tell us the location?
2.service station- 1.5 million ....I doubt it
3.fuel dispensers - 3 million ....Maybe
4.fuel shield/shelter-200k[b] .....I doubt it
5.operating and misclleanoues costs -1million ....Maybe
So total less than 6 million naira so in an effort to answer your question not only would 10 million build a petrol station in Nigeria, it can even build 2 petrol stations and make back the 10 million in less than 2 months of opening

Your sincerely
Akinola eluyefa esq

Alcatraz005:


It has been nice engaging you on this migration issue. I am done for now but as for pidgin2, her matter dey Supreme Court. I would make the travel section my new home and i would debunk her every lie, baseless innuendos and gross misrepresentations about the situation in Nigeria.

Good night.

mrphysics:

Lol. The ingredients must all be imported.

Malaysian egusi, Indian vegetable, American palm oil, etc. lol

babaskool:


I'm more than for real bro, I even have I invoices, receipts, to back up the statistics I have just said above ....

I am more than real, just because the petrol station makes millions upon millions a month doesn't mean it would cost the same to get operational. Petrol stations are just like any other shop or store that sells anything that people might want to buy.. The only difference being FUEL has an inelastic demand, no mattr the price it's sold, it's a must have. As things stand in Nigeria self after every family has put food on thier table, FUEL IS Next

erico2k2:

That guy need HOLY slaaaap

Pidgin2:


Buahahahahaha

mrphysics:

You are making mistake bro. I hardly tell people that I work because I believe in the street and I have been a street hustler. I am working and my salary is good. Lol, atleast above 100k. But the point is, I am a freelancer and I have always been. I stopped blaming the government when I read on fiverr forum how the problem of the world seems to be the same and only the lazy ones keep blaming and depending on the government.

We sell caterpillar parts and we have the ones we hire for road construction, so I have been dirty monitoring projects etc and I can tell you that I have joined in making transactions outside Nigeria. Most of the caterpillar parts we sell are imported and I know what it means to trade in dollar and that of Naira.

On fiverr, people hardly sell as a Nigerian but I do and I make sales more than most Nigerian-US sellers. The other day in fiverr forum, someone came claiming that Nigerians are scammers, I spoke up and the thread was deleted.

Everyday, US citizens seek for a way to earn money on Amazon, only few Nigerians do that. The business section is one of the sections of nairaland with less visitors, you see most of them in politics and romance section.

Bro, if you believe Nigeria is a hard place, it will be for you and if you are waiting for 2019, then you will be heart broken

erico2k2:

Im dying here laughing these kids will not kill me on NL, this cold be hold me B4 but Im sweating frm laughing here, see as the guy analyze am and I never see am once in the property section .
na so one guy say E go take N10m build 4 bed duplex give cost breakdown unto say the enquirere dey abroad ahah

Agbaletu:

I am telling you. He wants to build a fuel station with 6MN...very laughable.

Alcatraz005:


Are you fvcking kidding me? Me, a champagne generation poster? I will let that slide. Now to my question of who are you in Nigeria. I apologise as i didnt mean it to gauge your monetary worth or standing in Nigeria. I only sought to understand where you were coming from when you adviced the youths to saty back and build the country. It is beyond cavil now that millions have lost hope and there is no going back given the attitude of our leaders. We cannot generate the adequate amount of energy to power our industries in 2017. Where do we start from/ Millions of Nigerian youths can no longer wait for these gerontocrats we have in power to deliver the goods. Its time we went out and explore what the west has to offer us for the sake of our offspring. Once again, i am sorry if my comment hit a raw nerve. I never meant to insult you. Cheers.

babaskool:


I'm more than for real bro, I even have I invoices, receipts, to back up the statistics I have just said above ....

I am more than real, just because the petrol station makes millions upon millions a month doesn't mean it would cost the same to get operational. Petrol stations are just like any other shop or store that sells anything that people might want to buy.. The only difference being FUEL has an inelastic demand, no mattr the price it's sold, it's a must have. As things stand in Nigeria self after every family has put food on thier table, FUEL IS Next

Bizibi:
those who want to leave this country can go ahead,the govt is not really helping issues but there are still some deals I thought they never exist in this country,deals worth more than 15-20b tho I don't like the way the govt is handling issues because I know the number of investors that poured in the last administration, there were real deals.......deals are few now and if this govt had done the right things,man!!! I don't think we would even be in recession.

chronique:



Who is this person for God sake? Where do you want to buy land for 500k to build the filling station? Lagos, Abuja or Ijebu-Igbo? 10m naira will build a petrol station in Lagos and petrol stations are being bought for as much as 100m naira plus? Please get your facts right and don't mislead people.

erico2k2:

nah wahoo oh, so una nor fit buy N7k fish cook soup? seriously??

oyb:


Actually, if you have funds, imagination, and the right network, you can make it big as a returnee.

Nigeria is still a wild wild west where people can hit it big.

I still maintain that this guy is just some small pikin trolling. Two years is not enough to save 30k as an entry level guy in the US. Anyone who has an MBA will not be talking about selling provisions. That's what our 'entrepreneurs' and hustler returnees are into, not MBA grads.

In the same way, most people will do 5 to 10 years in the US, then come back in a senior mgt in some blue chip, after which they start their own thing..

This is just some dreamer spitting out the fantasy as he sees it.

InvertedHammer:


One thing I know is that things rarely work out in Nigeria as outlined in an estimate. There are always surprises somewhere which you didn't include in your estimate. How many gas stations do you see abandoned along Nigerian highways? If it is that easy and profitable, they will be operational. You failed to include the cost of sourcing and transporting fuel, employees, insurance, business registration, state and municipal levies, logistics, etc in your estimates. The list could be endless.
/

babaskool:


Dear diasporan, firstly, I would like to thank you for your passion for Nigeria, I decided to move back to nigeria a year ago too after 7 years in the Uk. So I understand your anxiety in all ramifications.
Secondly ignore all the negative comments you see on this thread, only people who have left nigeria for years and see there is hardly anything a developed country can offer, only a developing country can provide the means by which ones investment can grow without endless Taxes,bills, social security contributions, medical insurance e.t.c

You have done well for yourself by saving up to 30k to invest in Nigeria and trust me with the right planning you would not go wrong, there are people living in Lagos who have the equivalent of 30k dollars in naira and they are not in politics or ever travelled to the US so how come they have 30k dollars in thier account.

So please ignore anyone who discrouages from coming back to invest in a country that would give you a Massive yield for your investment. It's better to be a king in your country than a mouse in someone else.

So back to the information you really need, your safe bet in Nigeria right now which can generate up to 50% yield is these 3 things : 1.education 2. Real estate 3. Petrol/filling station ...your capital of 30 k dollars is more than enough to do this ...

So like I said above in less than a year your business would have paid back it's 30k investment, the only serious setbacks of doing business in Nigeria is finding the right type of people to get you started not the cost of fuel or police brutality or lack of electricity or any of the things you see on twitter or cnn...

The full scenario of Nigeria is not what you see online, there are incredible opportunities here you would never see online cos it's very hard to describe the opportunities online to anyone ...
I don't think I can say everything on here since I moved back to Nigeria but first things first you would need to incorporate a Nigerian company. I am a Nigerian lawyer so I can help you with that as fast as you can say the word a certificate of incorporation. Thereafter we would have to help you with a domicillary account so your money can be moved across continents with ease .. In addition I could also help you with a certificate of capital importation ( this certficate allows you to transfer your current at the Cbn rate )

After this then your business or company is ready for any actual real investment possible ...also if you do not mind I have 3 detailed business proposals on the 3 ideal business I listed above which is 1. Building a small scale school (education ) 2 . Real estate (buying land or a building the finished product at a high margin house flipping it's called or 3. A petrol / filling station ( petrol stations in Nigeria make up to 400,000 naira in a day ( I have statistics to back this up ) so imagine building a petrol station with 30k dollars and making up to 1k dollars in sales in a day ...


In less than a month after you start operating you would thank God for leaving the US and coming to invest in Nigeria and not missing out on the Nigerians on twitter or fb ...cos real business is not on twitter or fb...it's here in Nigeria in particular when you get the right type of people to help you ....

This post is too long so pls contact so I can send the business proposals I have for you for free firstly then after I can advice you on the company matters so you can find out if these things I say are lies or not ....
Yours sincerely
Akinola eluyefa esq

Tunagee:


These are the kind of people that will desperately seek greener pasture only to end up in Libya and become slaves. Bunch of unpatriotic idiots. Do u know whether the OP is well connected here? Assholes!!!!

Pidgin2:


Na carton of fish you wan use cook the pot of soup? na dis kain sabi sabi de make people scam una, u don show say u no de Nigeria

erico2k2:

if you do not have N100m in your bank who is going to give you a deal worth N10 billion

Fingerprinter:


Did you just say $30k can build one a petrol station? If so, every Nigerian would own a filling station na. Don't deceive the Op in a bid to sell your services abeg. Do you even have an idea that $30k is roughly 10 million naira? That amount can't even buy you a good land that is located in strategic place ideal from building filling stations.
Guy behave!

Pidgin2:


What type of pot of soup will cost N15K and last for three days after being consumed by a family of 4 You must be a foreigner, na your type they come back, lose all your money to conmen. Instead of you to ask questions, you want to claim to know Nigeria more than us who live here

InvertedHammer:


One thing I know is that things rarely work out in Nigeria as outlined in an estimate. There are always surprises somewhere which you didn't include in your estimate. How many gas stations do you see abandoned along Nigerian highways? If it is that easy and profitable, they will be operational. You failed to include the cost of sourcing and transporting fuel, employees, insurance, business registration, state and municipal levies, logistics, etc in your estimates. The list could be endless. By the time the OP knows what hit him, he will be broke and depressed.
/

Abagworo:


Nigeria is a lovely country and you can enjoy life even in the remotest of places once you have some cash.