Business in Benue 5 profitable opportunities

Business in Benue 5 profitable opportunities

Benue State is one of the 36 states in Nigeria and is based on 3 rd dated February 2076. The state is located in the middle belt of Nigeria and the capital is Makurdi. In Benue State, English, Idom and Tiwa are commonly spoken. Benya is called the “food basket of the nation”.

The main source of income in Benue State is agriculture, hence the pseudonym “Nation’s Food Basket” … The state is distinguished by the cultivation of yams, maize, cassava, fruits, rice, soybeans, tomatoes, palm oil, melon and many other crops. In fact, agricultural products are transported from Benue State to other parts of the country. Benue State remains the most popular destination for food vendors as they are likely to receive cheaper agricultural products there.

  • 27+ investment opportunities in Nigeria

Fishing is also another source of income for residents of Benue State. The Benue River is the main fishing ground for fishermen. Although Benue State is considered the country’s food basket, the state is still far below capacity as more than 90 percent of the state’s farmers have yet to master mechanized agriculture. .

Let’s take a look at the 10 Best Business Opportunities Available for Investors Get Started at Benue ;

10 small business investment opportunities in Benue State

1. Agricultural enterprise in Jamsa and Kassava

Benue State has one of the most fertile farmlands in Nigeria, which is best suited for growing yams and cassava. Yams and cassava are commonly eaten in most households in Nigeria, which is why it is a very lucrative farming business in Benue State. The advantage of farmland in Benue State is that it is very cheap to buy or rent, and it takes little effort to prepare the land for the purpose you want to use it for.

2. Food industry

If you are looking for a futuristic business to customize in Benue State, you should consider starting your own food processing business. One of the features of setting up a food processing plant in Benue State is that it is profitable due to the availability of large amounts of raw materials and labor. cheap. So, if you have the financial capacity to set up a food processing and packaging factory, you should start operating in one of the big cities of Benue.

3. Sale and service of agricultural tools and machinery

Another futuristic business that an investor can start in Benue State is the sale and maintenance of agricultural tools and machinery. Although most of the farmers in Benue State have not adopted mechanized agriculture, they will certainly adopt it in the near future, as this is simply the way to go if they want to increase their productivity in a way. exponential. So, as a smart businessman, you should quickly place your sales and service of agricultural tools and machinery in Benue State. This type of business has a bright future in Benue State. company

The fishing business is another viable business that an entrepreneur can set up in Benue State, in addition to going fishing in the Benue River; You can also open a shop that sells tools used for fishing. The location you choose to set up this type of store will go a long way in determining the success of your business; make sure you choose a location near the Benue River.

5. Sale and repair of air conditioners

If you have been to Benue State, specifically Makurdi, you will understand that it is one of the hottest places in Nigeria. As an entrepreneur, you can make money from the heat in Benue State just by opening a store that sells, installs, and repairs air conditioners. This type of business is indeed a very profitable business in Benue state due to the high demand for weather conditions.

6. Shop

If you’re looking for a business that doesn’t require you to relocate to the state of Benue, you should consider opening a store in one of the state’s shopping areas. If your store is well located and well stocked, you can easily make daily sales.

7. Unisex salon and beauty salon

Another viable but still very successful business that an entrepreneur can start in Benue State is a unisex beauty salon and beauty salon. Both men and women regularly visit the salon for a haircut or a hairstyle, in other words, to be successful in this line of business you have to do what you do right, and your store has to be located in a easily accessible place.

8. Consignment store

Another successful business that an entrepreneur can start successfully in Benue State is a consignment shop. The truth is, many locals don’t have the financial capacity, so locals buy second-hand goods. Items such as clothing, shoes, belts, bags and electronics are in high demand in most rural areas of Benue State.

9. Pharmacy

The pharmacy industry is a business that can thrive in any part of the world, including rural areas. So, if you are a licensed pharmacist looking for a business to start in Benue State, you don’t need to look any further. You can simply raise capital and open your own pharmacy. You can start with one store and then expand the business to multiple outlets in different parts of Benue State.

10. Sports shop -: Benue State is one of the states in Nigeria where young people play sports. If you love sports and are looking for a business to organize in Benue State, you can open your own sports store that will sell everything related to sports.

Here; Top 10 Business Opportunities for Investors in Benue State