Ekiti State is one of 36 states in Nigeria and is located in western Nigeria. The state was established on October 1, 2096. Ekiti state shares a border with Kogi, Ondo, Osun and Kwara states. The capital of Ekiti State is Ado Ekiti, and the two languages commonly spoken in Ekiti State are English and Yoruba.
Ekiti State has the most scientists in Nigeria; there is hardly any family lineage in Ekiti State which lacks at least one teacher. Although Ekiti State lags behind other states in western Nigeria in terms of social infrastructure, the state’s future is still very bright.
- 27+ small business investment opportunities in Nigeria
Ekiti State is considered a government civil service because the government is the main employer of the workforce. The agricultural sector, commerce and commerce are also the main employers of labor in the state. Ekiti State is famous for the cultivation of yams, colanut, cocoa, plantain, cassava, cowpeas, mango, cashews, citrus fruits and rice. Tourism is also another source of income for Ekiti State, tourists travel from afar to visit the famous Ikogoshi Tourism Center ( the source where hot and cold water meet ).
Now let’s take a look at the Top 10 Business Opportunities Available in Ekiti State;
10 small business investment opportunities in Ekiti state
1. Tourism and travel company
As small as Ekiti is, it draws more visitors than some of the larger states in Nigeria. Most tourists who visit Ekiti State come there primarily to personally experience the Ikogosi Spring, one of Nigeria’s natural wonders; a place where hot and cold waters meet and always maintain their temperature.
In fact, the state government and other private investors designed this site to be a standard tourist destination. So if you are looking for a business to business in Ekiti State, you might want to consider starting your own travel and travel agency. The truth is if you are visible (strong online presence) you can get enough customers from Nigeria and other regions. Sveta.
2. Mechanized agriculture
Most of the farmers in Ekiti State are peasants struggling to meet the demand for food in Nigeria and neighboring African countries. Ekiti State is blessed with fertile land, and if you start your own mechanized agriculture there, you will be able to supply agricultural products not only to Nigeria but also to other African countries.
3. Plantain plantation
Ekiti State has one of the most suitable lands for growing plantains. in nigeria. If you are interested in starting your own plantain plantation, you should consider starting one in Ekiti State. It is economically viable to start there because of the cheap and easy access to farmland and labor. All you have to do is create a nationwide network where your bananas will be delivered for sale.
4. Juice production company
Ekiti State is one of the states in Nigeria where a fruit juice business can be successfully located. If you are looking to start your own fruit juice business, you may want to consider starting one in Ekiti State. The advantage of starting a fruit juice business in Ekiti is that you will have access to a variety of fruits at a very low cost. Just make sure your juice is packaged properly so you don’t have to sell it.
5. Events center
People come to Ekiti for various reasons. events ranging from executive retirement to traditional weeding. To capitalize on this business opportunity, you need to create a standard event center. Just make sure your event center matches those in major states like Lagos, Port Harcourt, and Abuja, and you won’t be trying to convince people to use it. In fact, you will be the only one bouncing customers every weekend.
6. Timber industry complex
Ekiti state has some of the richest forests. in Nigeria with quality trees that are ideal for making furniture and other wood products. If you are looking for a business to start in Ekiti state, you can start your own forestry business. Starting a business requires a license from the federal, state and local governments.
7.Store mobile phones, computers and accessories
If you are looking for a quick and easy business to start up in Ekiti State, you can open a cell phone, computer and accessories store. This type of business is very profitable in most of Nigeria’s bustling cities, and Ekiti State is no exception. Just make sure you choose an appropriate location for your store.
8. Electronics store
E-commerce is another easy way to start a business in Nigeria. The main thing is to keep your store in an easily accessible location so that you don’t have to search for buyers for your electronics. You can partner with big brands like Thermocool, Sharp, LG or Sonny to be their main distributor in Ekiti state.
9. Construction company
Ekiti State is one of the states in Nigeria still open to significant construction work. If you are a civil engineer, civil engineer or architect, you can consider starting your construction business in Ekiti state. This will allow you to take advantage of the massive construction work that is taking place in different parts of the state, especially in the state capital.
10. Fast food business
Another business that can thrive in Ekiti State is the fast food industry. If you have the financial ability, you might consider buying a franchise from an established fast food brand or starting from scratch. The truth is, if you have a good marketing strategy, you can get your investment back in no time.
Here you have it; Top 10 Business Opportunities in Ekiti State