Kogi State is one of the 36 states of Nigeria and was established on 27 e August 2091, and the state capital is called Lokoja. Lokoja is an ancient city and was Nigeria’s first administrative seat during colonial times. The state of Kogi, nicknamed “ Merger” simply because the Niger River and the Benue River meet in this state.
The major ethnic groups in Kogi State are the Igala, Ebira and Perch. , Kogi State is bordered by the Federal Capital Territory of Nigeria, Nasarawa State, Benue State, Enugu State, Anambra State, Edo State , Ondo State, Ekiti State, Kwara State and Niger State. In fact, it is the only state among the 36 states of Nigeria that borders ten other states of Nigeria.
Ajokuta in Kogi State has the largest iron deposits in West Africa and is home to the Ajaokuta Steel Company Limited, the largest steel industry in West Africa. The state is also home to the largest cement plant in Africa, the Dangote Obahana Cement Plant. Some other minerals that are found in the state are; coal, limestone, petroleum and tin.
- Over 27 small business opportunities in Nigeria
Agriculture is one of the mainstays of rural people in Kogi State; they practice agriculture and fishing. Kogi state is notable for the cultivation of crops such as; cassava, yams, coffee, cocoa, cashews, corn, peanuts, melon and rice. Tourism is another source of income for the Kogi State government. Notable places where tourists visit are Lord Lugard’s house at Lokoja, the place where the Niger River and the Benue River meet, and the Ogidi.
If you are an investor looking to start a business in Kogi State, you should consider these top ten business opportunities;
10 Small Business Investment Opportunities in Kogi State
1. Mechanized agriculture
Kogi State is notable for growing cassava, yams, coffee, cocoa, cashews, maize, groundnuts, melons and rice, and these crops are grown by hand. If you are interested in farming then you should consider starting your own mechanized farming in Kogi state.The truth is that if you set up your farm in Kogi state then you will have enough market for your agricultural products , as people from neighboring states find it convenient and cheaper to transport their goods from Kogi State to their own states, since Kogi State shares borders with ten states of Nigeria.
2. Cement Merchant
Obayana in Kogi State is home to the largest cement plant in West Africa; The Obajan cement plant is owned by Africa’s richest man, Aliko Dangote. Although the cement seller travels all over the world to buy cement but if you live in Kogi state then you will have some advantage when you start your own cement business. Proximity to the source of your goods means less stress for business owners. So, if you are looking for a business to business in Kogi state, you can become a major cement distributor for Obayan cement factory in Kogi state.
3. Iron and Steel Seller
Another interesting way to earn money in Kogi state is to become an iron and steel merchant in Kogi state. Ayaokuta in Kogi State is home to the largest steel industry in West Africa, so it is easier to become an iron and steel trader in Kogi State. Just be sure to research the market in Nigeria and other African countries where you will need to supply iron and steel to them.
4. Tourism and tourism company
Although most tourists visiting Kogi pass through Abuja and choose to settle in Abuja, this does not prevent business men or women interested in tourism from opening their business in Kogi. State. You can start this type of business in Lokoja and then partner with other major travel agencies in Nigeria.
5. Food processing and packaging company
Food processing and packaging business is another business that an investor can start in Kogi state. Although this type of business requires a huge amount of capital, this does not exclude the fact that it is indeed a profitable business. So, if you are looking for a business to start in Kogi State, you might want to consider starting your own food processing and packaging business. Be sure to conduct a feasibility study before starting a business.
6. Mall
The state capital, Lokoya, is the ideal location for an investor wishing to build a shopping mall. The truth is that people are now comfortable shopping in malls. Therefore, if you have the financial capacity to build a mall, you should consider building one in Lokoja.
7. Outdoor catering service
Outdoor catering service is another profitable and profitable business to start in Kogi State. If you are in the catering business and looking for a location to establish your catering business, you should consider one of the major cities in Kogi State. You can also provide corporate catering services to businesses in Kogi State.
8. Party Rental Business: A party rental business is one of the easiest to set up. business that an entrepreneur can start in Kogi State. Make sure you know the things people rent the most, and then buy enough of them.
9. Recording studio
Music is one of the common ways to become an overnight celebrity and many young people aspire to become musicians. One of the businesses you can start in Kogi State is to profitably open your own music and recording studio in Lokoja or any of the major towns such as; Kabba, Idah and Okene.
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10. Electronics Store: . The need for home electronics makes this business viable and profitable in any city in Nigeria. You can open your own electronics store in Kogi state and you will surely attract a lot of customers if your store is in a good position.
Here you have it; Top Ten Business Opportunities in Kogi State.
