Cross River State is one of the 36 states of Nigeria and is located in the southern part of the country. The state was established on May 27, 2067, and its capital is Calabar. Cross River State has been called a people’s paradise and is indeed one of the best states in Nigeria. Cross River State is bordered by Enugu State, Benue State, Abia State, Akwa Ibom State, Republic of Cameroon and the Atlantic Ocean, it s is therefore a coastal state.
Cross River State is one of Nigeria’s top tourist destinations. Places such as Obudu Cattle Ranch, beautiful monuments and pictures of Tinapa Business Resort, Afi Rainforest, Obanliku Mountain Peaks, Agbokim and Kwa Falls, Kalabar Slave Park, Kalabar Pier and Calabar Residence Museum among many other interesting tourist attractions objects.
Without a doubt, Cross River State is one of the most beautiful and peaceful states in Nigeria – no wonder it is a safe haven for foreigners. People from all over the world also come to Calabar for the annual Calabar Festival which takes place every Christmas period.
- 27+ Small Business Investment Ideas in Nigeria
Besides tourism, which is the main source of income for the state, Cross River State is also one of the major oil and gas producing countries in Nigeria. Agriculture, fishing, boat-making and basketry are the main occupations of rural people. The main ethnic groups in Cross River State are the Efik people, the Ogoja people and the Ugep people.
Now, let’s take a look at the top 10 business opportunities that an entrepreneur can successfully pursue in Cross River State;
10 Small Business Investment Opportunities In Cross River State
1. Business in the field of travel and tourism
The tourism industry is one of the fastest growing industries in Cross River State and even throughout Nigeria. You can use it as an investor to start your own travel and tourism business. All you need to do is obtain the required license from both state and federal government. The truth is, if you have a good website for this type of business, you will get enough customers from Nigeria and beyond if you run a full travel and travel business.
2. Taxi company
Cross River and Calabar State in particular is one of the states / cities in Nigeria that attracts a large number of visitors year after year. If you are looking for a business that will allow you to take advantage of the large number of visitors who visit Calabar, start your own taxi business. You don’t have to be the taxi driver, you just need to register a business, buy at least 10 cars, and hire 10 drivers.
3. Restaurant and bar
Restaurant and bar is another successful business in Cross River State. All you need to do to start this type of business is to rent space in a high traffic area and then set up a restaurant and bar. It’s a very lucrative business and in Calabar the state capital there are many places that require standard restaurants.
4. Business hotel and nightclub
Another very lucrative business in Cross River State is hotels and nightclubs. If you have the financial capacity, it would be a wise investment decision to outfit your hotel and an overnight stay in Calabar – you will surely attract many clients. year, especially public holidays. Calabar has a healthy nightlife, which is why the state has a thriving nightclub.
5. Business information technology
Another very profitable business that an entrepreneur can start in Cross River State is the information technology business. All you have to do is open a hub where people can pick up their gadgets and computer accessories, and you can also help organizations connect their computers to the network and other related IT services.
6. Gift shop
If you want to start a business that is easy to start, consider starting a gift shop. Besides selling gifts, you can also add sales of perfumes and deodorants. It really pays to start a business in Cross River State.
7. Vegetable and egg supply company
Cross River is one of the states in Nigeria that is ideally suited for growing vegetables. Could you start growing vegetables; all you have to do is look for hotels and restaurants to stock. This is one of the most exciting ways to make money in Cross River State, and all you need to do to get started with this type of business is find a source where you can sell online. big vegetables and eggs, buy a van, then find customers.
8. Printing press
Printing is another type of business that is not very common in Calabar. You can start your own printing company and you will have enough customers to patronize you. Of course, there are dozens of churches, schools, offices and non-governmental organizations that print materials in Cross Rivers State almost every month, just make sure your press is in good repair. and that you have a good return on your investment.
9. Party rental business
The group rental business is another simple business in Cross River State. So, if you are looking for a business to start in Cross River State, you may want to consider starting your own group rental business. The truth is, most neighborhoods in Calabar and other major towns in Cross River State have events and parties every weekend.
10. Car wash
Car washing is another successful business that an entrepreneur can start successfully in Rivers State. The installation of the machine was not capital intensive and it is indeed a profitable business if it is well positioned and managed.
Here you have it; Top 10 Business Opportunities in Cross River State.