Business opportunities available in nigeria (Transportation)

On 26 June 2013, I highlighted 12 different business sectors Nigeria is doing business and I promised to highlight all the businesses under each of the sector. Today sit back as we discuss the business opportunities under transportation.

The country has improved greatly on what we use to consider to be the money making transportation means. We had a time when the luxury buses that do long distances were the best money makers, and as such we had so many people running into the business at the time. We had businesses such as The Young Shall Grow, Chidiebere Transport, Ekenediri Chukwu etc.

Now we are beginning to look at other parts of this sector and with wonderful returns on investment. We have seen people go into air transport, shipping and cargo, private cabs and even truck business. The aim of this article is to highlight all the businesses under transportation, look at who has done well and encourage more Nigerians to invest on this thereby providing transportation and making there money in return.

Air Transportation

Nigeria has seen a lot of improvement in this transportation means. A lot of us came from a time when the biggest thing you can think of is taking a flight from Nigeria to Europe. Now some people take flights every week to other states for work. Nigeria has the highest amount of local airports in africa and still getting ready to welcome more.

We have seen flights such as Arik Air, Dana and Aero contractors do very well as local means of air transportation. the market is by no means saturated so thinking on starting something along this lines will surely pay. We have seen business opportunities crop up near airports like nice bars, hotels and airports and we have even seen short and long stay car parks as types of businesses you can do because of the availability of airports

Cargo business has also done really well, delivery of good from state to state has seen improved timing and quality of service but there is still too much business available in cargo that is yet to be explored in Nigeria and I will be happy to advice you further if you have a passion for it.

Sea Transportation

 

The shipping industry seems too big a market for Nigeria to handle. It seems its the only part of sea transportation we give attention to.  But I have highlighted 3 different areas where we can try doing more business when it comes to sea transportation. They are:

Cargo Business

There are still so many businesses under this category. We are already doing very well when it comes to sending packages from oversee countries to Nigeria. There is still a lot to do when it comes to sending packages out of Nigeria. I have received a lot of emails of people asking me the best ways to send different types of items to oversee countries.

Boat Parties

Big business for the rich and affluent, people now rent boats and organise boat parties. Nice business idea

Cruises

Arranging to go on round the would trip with boats is a very good business. how I wish some travel agents can step up and do more in this regard.

Private cabs

The picture above is the new cabs that Lagos state is trying to introduce. We have a lot of states that are establishing there very own nice looking cabs, making transportation easier while still making money for the state government. But a very new business niche is the private cab companies, they add comfort and class to the cab business and many big towns have seen this business increase but we still got a lot of business on it to be done
Rail Transport

Imagine getting from Lagos to the east in under 3hrs using one of the safest known means of transportation, trains. We are hoping that our new improved relationship with the Chinese will bring this concept to birth. Using speed trains will improve every town along its way, improve travel time, reduce travel accident risk and even save money because its cheaper that flights.
Also imagine a city like Lagos getting underground and over ground trains such as the one we have in London and Greece, how much congestion will be reduced. Exciting times ahead for Nigeria .

Trucks Hire and sale

In 2010 a friend left London and relocated to Nigeria because he had succeeded in getting 3 big trucks for hire. He had people in mining industry who wanted to pay huge daily to work with his trucks. 3years on and he is on top of money. Think on this business you will not regret it.

Long distance luxury buses

The luxury bus transportation is still a huge business all over Nigeria,

Moving vans

Fantastic business moving goods for people using these moving vans. Whose hand is up on this one?

I am very sorry I did not mention keke as one of my businesses. Its not because it doesn't make money cos it makes a lot of money. But remember I only support businesses that improve the look and feel of there location. I am sorry keke doesn't improve the look of the town it makes it trashy. But I wont stop people from making there money especially those with little means. What is your comment on this article?