Most Nigerians abroad or even foreigners who wants to invest in Nigeria are very careful about where to invest in Nigeria. There are often doubts and fears. In this post, we’ll be treating best places and ways to invest in Nigeria from the United States, United Kingdom, Canada, and Australia as a Nigerian to guide you properly as you try to invest.
Now, let’s take a look at how to invest in Nigeria, and the ways to invest.
Best Places and Ways to Invest in Nigeria from the United States, United Kingdom, Canada, and Australia as a Nigerian
1. Buy Lands in Fast-developing Areas
The safest and best way and place to invest in Nigeria from abroad is by buying lands in fast-developing areas. People usually think it’s building house but that’s not so, the best way is buying lands in a wide range of fast-developing areas. Buy as many lands as you can, and you have to ensure they are genuine and not overpriced.
When the lands go up in value, you resell them, and then you buy new ones as well.
2. Buy Gold and Other Precious Metals Cheaper in the Middle-east or Wholesale Price in Nigeria to Resell
The other option is to buy gold, diamond, and other precious metals at wholesale price in the middle-east, Asia, or even Nigeria, to resell. You can open a stall for it, put a trusted person to sell them as you send it. You can also choose to buy them, keep them, and resell them yourself to avoid losing your money.
You can buy very precious ones with significant value at lower prices to resell at way higher rates and prices.
3. Build a Standard School and Set Up a Trusted Management (Primary, Secondary, or Tertiary)
You can also choose to build a foreign-standard school in good locations in Nigeria. It’s a very good investment decision as it’d yield a good amount it money for you. You can run the school yourself or set up a trusted management to run it for you while you supervise it strictly and continuously from abroad. Nigerians love good education, and can pay a good sum to get good education.
4. Buy Hectares of Land to Start a Palm Tree Plantation and Oil Milling Mini-factory
Buying hectares or farmland for palm plantation and oil milling factory is also another way to make a good amount of money in Nigeria from abroad. It depends on your savings but having enough money to buy over 100 hectares to over 1000 hectares is a good one. The bigger the farm and oil mill is, the more profits, the better.
5. Start a Food Processing Plant and Export Abroad
You can also choose to set up a food processing plant in any location in Nigeria while exporting the processed food abroad to your location and other locations. Nigerians and Africans are many outside the African continent, you can also sell your products if you market them well.
6. Importation and Exportation
Importation and exportation of fast-selling products is also another great way to make good money. If your capital and funds are huge, you should consider importing and exporting goods in Nigeria. You can run this business from abroad, and even someone who isn’t a Nigerian can run it.
7. Invest in the Mining Sector of Nigeria with a Trusted Team
The last option to be presented is investing in Nigeria’s mining sector. The mining sector of this country is strongly underrated and undertapped. It’s a business you can venture into, get registered and certified, mine, and export. You can also process the raw material into finished goods in Nigeria to make a lot of money from it.
This post has showcased the best places and ways to invest in Nigeria from the United States, United Kingdom, Canada, and Australia as a Nigerian. It is all about you making a choice, and getting to know which of the businesses would suit you. This post offers a good and perfect guide.