Lucrative Transportation Business Ideas And Opportunities For Nigerians
• Taxi service
• Transportation of heavy materials
• Courier service
• Car rental services
• Ambulance service
Most government-owned Nigerian hospitals lack basic amenities that are necessary in times of emergencies like ambulances. With the increase in the rate of emergencies across Nigerian states, venturing into this business will help you achieve a financial independence.
You won’t only be making money, but also contribute to humanity. You’ll be saving a lot of lives by offering emergency services with your ambulance in Nigeria.
• Transportation of petroleum products
If you have a petrol tanker, you can easily work with filling stations and companies that buy petrol or other petroleum products in large quantities.
It is also capital intensive as a tanker can cost millions of Naira. It is however a very profitable business with a high ROI.
• Transportation of marine fuel
This is also similar to what I shared above but in a larger scale. Owners of marine tanker vessels can make millions of Naira from offering transportation services to people that intend transporting lartge volumes of petroleum products to various places around the world.
The transportation is usually transhipped into another vessel at the port of discharge or done to tank farms.
This business however requires a large capital. You can either acquire the vessels yourself if you have enough funds or broker the lease of a tanker vessel and get paid a commission on it.
• Filling station
All vehicles in Nigeria is powered by either petrol or diesel as to join the developed parts of the world in adapting the use of electric powered vehicles.
Building a filling station in a busy road would mean building a steady flow of income. You can also include a gas station there for people who intend refilling their cooking gases.
• Vehicle towing service
Even though we don’t pray for this, our vehicles sometimes break down on roads and we need to hire the services of tow vans to help move them to another location. Also, some drivers tend to park their vehicles wrongly and the law enforcement agencies would want to move them to their stations.
If you have a towing van or truck, you can make good money partnering with mechanics or other people that need your services. Some countries also deem it necessary that you obtain a license before you can start running this business there.
• Travel agency
Wikipedia defines a travel agent as a private retailer or public service that provides travel and tourism related services to the general public on behalf of suppliers.
Services you can be providing as a travel agent can include car rentals, travel insurance, railways, hotels, cruise lines, airlines, guide books, bureau de change services and others.
• Vehicle maintenance and repairs
Every car owner is required to go for regular maintenance to ensure that his/her vehicle is free from faults. This is the reason why starting a mechanic workshop in Nigeria is a wise decision any experienced individual will be making.
You can decide to hire experienced mechanics that will be working for you while you go on your regular businesses or do the work yourself. Whichever way you choose, a good location will go a long way towards bringing clients to your shop.
• Aircraft maintenance and repairs
Even as cars develop faults regularly, aircraft like aeroplane and helicopters also develop faults. Working as an aircraft mechanic can be very lucrative due to the highly sensitive parts of the vehicles.
You also need to possess a high level of skill in order to be eligible to work as an aircraft mechanic. As an aeronautical engineer, getting a licence to operate an aircraft maintenance service won’t be a hard task.
• Automobile sales
The first step in becoming a car owner is to acquire a car. Whether you’d be using the car for business or as a means of movement, you must have to work with a car dealer.
You can easily venture into the this business even without having enough funds. There are many car dealers in Nigeria that would offer you commissions for sales you generate.
• Automobile spare parts sales
You can also make good money by selling parts of automobiles. Many people that deal on this business prefer building a niche on a particular car brand.
Getting customers won’t be hard if you site your business in a busy location. You will also get popular with time as you advertise your business to more people.
• Car wash service
This is a very lucrative business that can make you as much as ₦300,000 monthly depending on your location. It is also not capital intensive, especially if you won’t have to acquire the land that you’d be using for the business.
One of the secrets of excelling in this business is by setting it up in a busy location. You can check out our guide on how to start a car wash business in Nigeria.
• Driving school
The driving school business is a special kind of business that won’t be going anytime soon. Any body that buys a new car will want to learn how to drive it.
You can start a driving school by getting the necessary licences from the government agencies.
• Private jet charter
Most big Nigerian politicians and celebrities prefer chartering private jets because of the comfort and luxury they offer. The average cost for hiring a private jet is $5,000 per hour.
If you have enough capital, going for this can be a good bargain. You can get customers by building connections with influential figures.
You can also venture into this business without having enough capital. In this case, you’d have to start a jet charter brokerage service, whereby you’d be linking up buyers and sellers while earning commissions.
• Insurance brokerage
As an insurance broker, you’d be earning commissions from selling insurance to individuals or businesses.
You can work as an insurance broker for goods transported via road, sea, or air and earn commissions from each client.
• Travel blogging
Are you passionate about travelling? If yes, you can make good money online from sharing your travel experiences. You can earn from ad networks, affiliate marketing, sales of your products/services, direct advertisements and more.
There are so many lucrative niches that you can venture into as a blogger and still make 6-figures monthly. Please click HERE to read more about how to start earning as a blogger without capital.
• Radio/TV Program
You can earn from sharing your thoughts on how to improve the transportation system. Things to speak on include various traffic rules, real-time traffic highlights, new government policies and more.
With time and proper publicity, a lot of people would start tuning to hear you speak. Are you interested in starting a radio channel in Nigeria? Kindly check out our previous post on how to start a radio channel in Nigeria.