Online users respond in kind to a Nigerian man’s request for profitable ventures that he could fund with N1.5 million.
Equipped with N1.5 million, he was keen to make an informed investment that would yield significant returns, which is why he set out to learn more.
Understanding the value of making wise financial decisions, he contacted @jon_d_doe, an influencer on X, for advice on how to find a good business idea and avoid perhaps wasting his money.
Greetings, High Chief. I apologize for violating the no-DM policy. Please, sir. I need the opinion of your followers on this. I intended to invest the N1.5 million I had, but I’m not sure what type of investments I can make that will make a good return, and I don’t want to waste the money because money is hard to come by these days. Please help to spread this. Regards,” he wrote.
Netizens’ business ideas to spend N1.5 million:
“Lease land,” A_usti stated. Acquire an Agric skill. Make an investigation. Cash crops, please. Begin modestly. Later, please accept my gratitude.
“Learn the digital skill OTC TRADING if you desire a daily income business that you can accomplish from any location,” Emmanuel stated. It’s an easy business strategy to get up quickly that pays well with no risk. Invest in the Nigerian stock market if you’re looking to make medium- to long-term investments.
Keymanh_ responded, saying: “Use am purchasing fuel at the going rate. Go through a dense bush. Construct a shelter and keep it inside. It will treble in value before March 2024.
“There are profitable companies you can undertake and yield profit,” stated arike_jane. companies that produce palm oil, storage of grains and beverages. You can build a tiny home and start a profitable pig farm if you have property that is not being used. I speak from experience.
“First lock the money down in your account for a short duration to earn interest,” wrote seundavid paul – second, look around you to see what necessities individuals in your near vicinity are missing or in short supply. After you’ve found it/them, come up with a plan on how to offer solutions by making such or more available to them. Make your company incredibly customer-friendly.Verify if there is little to no variation in the prices of the products or services you are going to offer from other locations. In conclusion, don’t anticipate making much money right away; instead, keep working and building your network and everything will turn out beautifully in the end.
“As of early November, a bag of saesem seed was 65k,” stated Jussblaze9. It is currently 130k. That money would have doubled for you. The season for palm oil is approaching. Invest in a store and sell it later to earn a profit of roughly 70%. Then purchase gnut and keep going about; in a few years, you’ll blow. This is merely the very beginning.
great article