Agricultural businesses are the most lucrative businesses in the world, apart from the low-cost of start up and running the business, they turn out a huge profit of up to 100%. Charcoal is one area of non oil export which has the potential to generate thousands of euros and many Nigerians are now successful entrepreneurs since they discovered the gold mine.
Besides being the fuel that cooks, a number of companies have discovered that charcoal can be used in certain metallurgical purifying treatments and as a filter to remove organic compounds such as chlorine, gasoline, pesticides, and other toxic chemicals from water and air.
Though,one of the nation’s biggest export earner, it cost no fortune to set up and there is no shortage of market overseas, added to this,one can run it from home.
Do you know that you can make 100% profit if you buy your charcoal from the farm or production site and sell to the retailers, a bag of charcoal (32 to 35kg bag) is being sold for NGN450 to NGN550 from the farm, while the retailers sell to the final consumer at NGN1000 to NGN1,5000 per bag.
Nigeria has vast forest area that can produce thousand of tonnes of charcoal annually, all you need to do is to buy the charcoal from the farmers and bring it down to the major cities like Lagos, Abuja, Kano and Port Harcourt and resell to the retailers. You can turn your investment ten times within one year and profit in each trip very rewarding.
See details here>>> Novusagro