It’s safe to say that there are intriguing business ideas available in Abuja. If you are interested in setting up one, here are the top 10 small and large scale business oppurtunities in the Federal Capital Territory (FCT) or the Nation’s capital.
Abuja is the capital city of Nigeria, and its equally one of the most developed urban centres in the country. With this, its probably the best spot to start your enterprise in Nigeria. When taking a view of Abuja or the FCT, excluding the fact that it is one of the most commercialized urban area in the nation, it is also a favorable urban centre for business. Complementing to this, is that fact that it centres the nation and as such, it houses government services and parastatals, international embassies of different nations, international organizations, and commercial banks. This has prompted the FCT to be seen as an investment hub for most businesses, due to these potential market which create the enabling environment and atmosphere for businesses to thrive and make profit.
Abuja occupiers are made up of workers which are from the common laborers, government officials, business people, expatriates and students. This makes the city a reasonable area where a business can develop, flourish and be profitable. An important thing to note is, when going into a business in cities like this, always do your research as to whether the goods or services are in high demand in the area. From here you will know where to start, what to produce and your potential market.
Top 10 Best Business Options Available in Abuja Today
Below, we will examine the top best business oppurtunities in Abuja, Nigeria’s capital city.
As a developing city, Abuja is in much demand for houses for its numerous populace to occupy. With lots of greener pasture searchers continuing to flock into the city, there is much business in venturing into providing houses for them. This involve you building houses, estate and consequently sell or rent them for people. In the event that you can have houses in the city, you will rake in boatloads of cash if all goes well in order. Also, the construction sphere is still an area to do business in Abuja.
Restaurants and Bars
A mega city like Abuja where most of the inhabitants are working, there will be much benefit in running a fast food business, because its not all that will afford to be cooking always considering their work engagement. If you survey round the city, you will see that this business is very popular especially in Wuse 2 area which is acclaimed the centre for restaurants and bars in Abuja.
Bars and drinking spots in Abuja are a center piece of relaxation and refreshments. This pulls in lots of people into patronising this business, and it has made the business a prospering one to put resources into.
There are much to gain in the transsportation industry of Abuja. This results from how people need to move from one place to the next. Subsequently, taxi driving is one of the attracting oppurtunities you offer in Abuja.
There are numerous driving companies on operation in the city, and in the event that you have enough capital, you can start a driving service that works inside the city. Though the profit may not quickly come on start, you should strive to give quality service to clients and ensure good management to stay in the business.
Selling of Agricultural Products
Considering the vast population of Abuja city, its obvious that a delve into the agricultural sector is worth puting resources into. A city like Abuja where most of the occupants are working class, the need of food and agricultural products will be on the high, and will warrant much patronisation.
Petoleum Products/Fuel station
There is much to get through the petroleum if you consider setting a place like Abuja for the business. Petroleum products like lubricants and fuel are frequently used everyday in the city. So you can captivate from this and start a business in this either by selling petroleum products or fuel. The latter is very lucrative here due to reasons that fuel and petrol are in much demand by the Abuja populace.
It is correct and clear that Abuja is a business place that the entertainment industry have a market in. From the fact that most people here consistently need a spot or centre to get entertained after the day’s worth of effort, it is important that these centres are in much demand. The spots to engage entertainment are joints, bars, parlours, concerts and entertaining event centres. These places are much suitable to start the business in.
Hotels and Guest Houses
There are numerous hotels and guest houses in Abuja which exist for the much demand of top-class working class there. Presently, Abuja offers more settlement choices for its occupants and visitors, it extends from lodging, visitor or guest houses to the modest hotels.
People travel from everywhere throughout the world to come and execute business in the city and they must remain some place for their short remain. In this case, the hotel is the apt option to stay for the short while. There are top hotels in Abuja which are few to mention, the Transcorp Hilton and Abuja Sheraton Hotel.
Business and private cleaning is one of the preferred business idea if that you are looking for a business with a low beginning up costs. If that you can get a great deal of customers to disparage your cleaning business, you can make in any event much thousands in a week.
Dry cleaning is also an option here, as it is one of the drifting business in Nigeria at the present time. You can zest your own laundry business by offering home/office get and conveyance services to your customers. This business is also a good way to start a business in Abuja.
As we said earlier that a city like Abuja demand much of building constructions. With the city developing and need for strutures is rising, a business in selling of buliding materials will be lucrative. This is also because of the population of people in the city increasing, then there are interests for building materials. These materials are used for erecting buildings and houses in the city.
Merchandising is the business of exporting and importing goods in large quantities for sell. This business is surely suitable for an urban area like Abuja, where the goods and products will be marketable there. The numerous shopping centers and malls in the city bolster the thriving retail business by giving businessmen oppurtunities.
Merchant or retail business is very open and it includes much variety of products. There are many outlets of selling in the merchandize business, from food stuffs, electrical and electronic gadgets, hardwares, machines to clothings and adornments.
That’s it on the business oppurtunities available for investment in Abuja. These options were written after analysing the capital city and the businesses that can thrive there and yield you profit.