Construction
Business ideas
According to Nigeria’s National Bureau of Statistics, the
construction industry since 2010 has enjoyed a real growth rate
of 13%. Government infrastructure spending has been a major
driver of this growth as well as private sector investment in
both residential and non-residential construction activities.
The Nigerian construction industry is a dynamic and rapidly
growing sector. It contributes significantly to the country's
Gross Domestic Product (GDP) and provides numerous employment
opportunities. The industry is characterized by a mix of local
and international construction companies.
One of the key drivers of the industry’s growth is the
government’s commitment to infrastructure development. Major
projects, such as the construction of roads, bridges, and public
buildings, have created a significant demand for building
materials. Additionally, the rising middle class and
urbanization have led to an increase in residential and
commercial construction activities.
The construction business in Nigeria is a Multi billion dollar
industry with hardly any year falling short of expected
windfalls befalling successful contractors who bid for
construction projects, the last 5 years has witnessed increasing
patronage and profits for most construction companies in
Nigeria.
The building materials industry in Nigeria presents lucrative
opportunities for entrepreneurs and investors. With the right
strategies and a commitment to quality and innovation, there is
ample room for growth in this dynamic sector.
For instance, in recent times in most states of Nigeria
infrastructural projects like road reconstruction, housing
projects, bridge building, construction of drainage, dams, rural
electrification, city expansion and beautification projects
among others have been on the increase especially in Lagos,
Rivers and Akwa Ibom states where massive amounts of money
running into tens of billions of dollars have been voted for
capital projects.
When most people think about working in the construction
industry, they think about big, burly machines, hard hats, and
sky-high buildings. But what if we told you that you don't need
to build the next Empire State Building to be successful in the
construction industry?
The trainings are mostly conducted by self employed
master-craft-men and women in the Construction Industry.
After completing a training program, a certificate of
participation would be issued to the attendees, verifying their
attendance and involvement in the Practical Training.
After the training you have the option of marketing your product
and services through the social media platform
Digital marketing has become an essential part of contemporary
business operations in Nigeria. With the proliferation of
internet-enabled devices and social media platforms, businesses
can now reach a wider audience than ever before. Digital
marketing involves creating and sharing content through digital
media channels to promote brands, sell products or services, and
engage with customers. In Nigeria, digital marketing has evolved
significantly in recent years, and businesses are leveraging
various digital channels to reach their target audiences.
After the practical training our in house digital marketing
expert will assist you and take your new Business to the next
level this will presents a significant opportunity for your
company to reach a large and growing audience.
Thankfully, the construction industry offers a number of
possibilities that extend well beyond the realm of large
brick-and-mortar structures. There are several lucrative and
rewarding construction business opportunities that dovetail the
industry, each offering their own unique potential for success
and growth. So, if you're one of those aspiring business owners
looking for viable and innovative construction business ideas,
you're in luck.
Clearly, there are a number of business opportunities in the
construction space. But now that you know the different types of
business you might consider building, all that’s left to do? Get
out there and build a profitable business that plays to your
strengths—and is the best business in the construction space for
you.
How to set up a lucrative block industry in
Nigeria |
 |
With a growing population and increasing
urbanization, the demand for affordable housing and infrastructure
development is expected to drive the growth of the block industry
business in Nigeria and Africa. Block
Industry |
How to
Launch a Profitable Landscaping Business in Nigeria |
 |
factors like customer service, reliability, quality
of work, and efficient scheduling play crucial roles in building a
satisfied customer base and establishing a positive reputation within
the community. Landscaping |
How to set up a lucrative Furniture Business in
Nigeria |
 |
The amount of money you can make per month from a
furniture business in Nigeria depends on various factors, such as; the
size of your business, the quality of your products, the demand for your
products, the location of your business, and the level of competition in
the market. Furniture |
How to start a lucrative Equipment Leasing business
in Nigeria |
 |
In less than a year payloader payback its original
cost and can work for minimum of three to four years before resell to
reduce/avoid high cost of maintenance. The income per day at minimum is
N100,000 with minimum working turnover of 18 days in a month. Equipleasing |
Building Materials |
Building3.jpeg) |
Rising incomes, urbanization and housing deficits indicate sustained
growth potential for building activity and materials demand.
Entrepreneurs able to source smartly and supply efficiently stand to
reap substantial rewards BuildingMaterials |
Wood Door Production |
 |
Wooden doors are an essential element in residential and commercial
construction, providing security, aesthetics, and functionality.
Starting a wood door manufacturing business can be a rewarding venture,
given the consistent demand for quality doors in the market WoodDoor |
Metal Door Production |
 |
Stay abreast of technological advancements in metal door production,
such as laser cutting, powder coating, or 3D printing. Evaluate the
potential benefits of implementing advanced production techniques to
improve product quality, reduce waste, and increase productivity. Metal
Door |
Swimming Pool Construction |
 |
Nigeria’s diverse and vibrant culture has led to an increasing
desire among homeowners to add amenities like residential
swimming pools to their living spaces, offering relaxation and
escape. These pools have become increasingly popular, providing
a luxurious and comfortable oasis within the tropical Nigerian
climate. Swimmingpool |
Turf Grass Business |
 |
This rise in demand has created ample opportunity for
entrepreneurial landscapers looking to start their own synthetic
grass installation business. If you’ve been considering striking
out on your own and starting an artificial turf business, here
are the key steps you’ll need to know to successfully launch an
artificial grass company. Turf |
Plumbing Business |
 |
The plumbing
industry is equally lucrative in Nigeria. An average plumber
makes about ₦80k to N1M, depending on the frequency of jobs. A
Plumber can also get a contract of N500M or more Plumbing |
Sandblasting |
 |
sandblasting business is profitable depends on several factors,
such as the demand for sandblasting services in the area, the
efficiency and cost-effectiveness of the business operations,
the pricing strategy, and the competition. Suppose the business
can efficiently serve a high demand for sandblasting services
and differentiate itself from competitors with a competitive
pricing strategy.
Sandblasting |
Sand and Gravel Business |
 |
Sand and gravel quarrying businesses thrive in areas of rapid
development and new housing starts, as long as aggregate
companies don't already saturate the market. The best way to
determine the feasibility of starting a new company is to find
out what local sand and gravel companies are charging per ton
for their aggregate and then compare that to the prices charged
in nearby communities SandnGravel |
Borehole Drilling |
 |
Several factors determine the cost of drilling a borehole in
Nigeria, such as location, drilling method, depth, geological
condition, etc. The manual drilling process in some regions can
cost as low as NGN320,000 to NGN500,000. At the same time,
heavy-duty drilling can cost as low as NGN 800,000 in some
regions and as high as NGN 5,000,000. Borehole |
Site Clearance Contractor |
 |
While any given land clearing project can range from a few
hundred Naira to
Million of Naira, the success of a business typically hinges on
the state of the construction industry. If new construction is
in high demand or low demand, land clearers will be the first to
know. Siteclearance |
Welding and Metal Fabrication |
 |
With proper planning, an efficient production setup and quality
control, a metal fabrication workshop can thrive in the Nigerian
market. Welding |
Bricklayer Services |
 |
By hiring experienced professionals, providing continuous
training, prioritizing safety, offering competitive
compensation, and fostering a positive work environment, you can
build a strong team that delivers quality workmanship,
propelling your business’s growth. Bricklaye |
Architectural Services |
 |
Establishing fair and competitive pricing strategies is crucial
for profitability and client satisfaction. Consider factors such
as project scope, complexity, timeline, and market rates when
determining your fees. Develop standardized contract templates
that protect both your firm and clients Architecture |
Supply of Tars and Bitumen |
 |
With the increasing demand for durable road infrastructure,
coupled with Nigeria’s bitumen reserves and government support
for private sector investment, entrepreneurs can leverage these
opportunities to create successful businesses Bitumen |
Septic Business |
 |
Septic systems require regular maintenance, usually every three
to five years, meaning that customers will need your services on
a recurring basis.The profit margins on pumping services and
installations can be quite favorable, with service charges
ranging from N200k to N500k per job, depending on the region. Septic |
Supply of Iron Rods |
 |
It is a major equipment in the real estate sector that cannot be
downplayed due to the major works it is used for in casting,
erecting and in correcting structural defects of buildings in
Nigeria. Ironrod |
Dredging Business |
 |
Dredging business can be started by less than a Million Naira
and you will get a good and high return on investment. Moreover,
it has been proven that, active participants in the business,
will break even between 3 or 4 months of starting the business. Dredgingbiz |
Marble and Granite |
 |
the installation of such stone requires the help of a skilled
craftsman. If you learn this trade and set up the right business
relationships, you may be able to earn a handsome living as an
independent marble and granite contractor. Graniteandmarble |
PVC Pipe |
 |
Starting a PVC pipe manufacturing company would open one up to
opportunities in the construction industry, because there is
hardly any construction job that is done without the use of PVC
pipes. No doubt, establishing a PVC pipe manufacturing company
may require huge capital but the truth is that it is highly
profitable, especially if you know how to position yourself in
the market place. PVCPipe |
Stone Crushing |
 |
The profitability of a stone crusher business depends on various
factors, including market demand, competition, operational
costs, pricing strategy, and economic conditions. While it is
possible for a stone crusher business to be profitable, it is
important to assess these factors and make informed decisions. Stonecrusher |
Concrete Supply |
 |
Before starting any business, do comprehensive research to
ensure that your idea is a viable business that will bring in a
steady cash flow. Your research should include market trends,
future competitors and the risk involved in starting a concrete
business. Concrete |
Mortgage Bank |
 |
there isn't much you can
do to differentiate your loan programs. Your main selling points
are appealing interest rates and ease of doing business. But
then everyone else is doing pretty much the same. Mortgagebank |
Construction Company |
 |
Venturing into the construction/ engineering business in Nigeria
is very lucrative, as Nigeria offers huge potential for any type
of business to grow due to its population density, and large
land area. Constructioncon |
Tiles Business |
 |
Embarking on the journey to establish a tile installation
business requires a solid groundwork paired with a strategic
approach. Whether you’re looking to specialize in residential
projects or set your sights on commercial ventures, laying the
foundation for your business is a critical first step. Tilesbusiness |
Headstone Desgn Business |
 |
One of the primary drivers behind this growth is the increasing
preference for personalized and meaningful memorials that
capture individuals’ personalities, achievements, and cherished
memories. This has led to increased demand for more premium
products, which has additionally enhanced the market’s overall
profitability. Headstone |
Property manager |
 |
You don’t necessarily need to have prior industry experience,
but it can certainly be helpful. You’re more likely to succeed
if you are organised, have good communication skills and enjoy
working with other people. Propertymanager |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
All rights reserved 2024. 21st Strategies Consulting Nigeria
|