Feng Choji's Profile
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  • Active Member Asked on October 5, 2017 in Business.

    Starting a cake business in Nigeria is quite profitable as there are lots of occassions comprising of weddings, birthdays, anniversaries among so many. However, there are several equipments to purchase that consist of a baking oven, cake pans, mixers, among several others. Starting the business requires buying the complete equipments for baking and the icing/decorating the cake. The cost implications of buying every equipment (assuming there are presently no available equipments for starting this business) can start from between N200,000 to N500,000 to set up the business.

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  • Oloyin beans has gained popularity with Nigerians especially in the south west due to its easy to cook nature. It does not take all the time for it to cook, and the taste? so delicious. A 50 kg bag of oloyin beans fall within the range of N17,000 to N20,000.

    For other beans types such as the white beans which consists of the big ones as well as the tiny ones, the prices range from N17500, to N21,000. For other types of brown beans, the prices start from N19,000 to N22,000.

    This answer accepted by Olufemi Adigun. on October 6, 2017 Earned 15 points.

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  • Chicken is a delicacy much loved by Nigerians, and just as you said, we are approaching the season of festivities where these would be in great demand. The cost of a full chicken currently goes between N2,000 to N2,500. While that of a kilo of chicken goes between N1,300 to N1,900. However, approaching the festive periods, these can change significantly due to the rush coupled with the traditional hike in food items during the festive season

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  • For the Stallion brand of rice which is quite popular with Nigerians, this comes in diferent types as well as packaging. These include the Royal Stallion Golden Standard Rice which goes for N15,320 per 50kg bag, The Royal Stallion Golden Stadard Premium Long Grain Rice selling for N22,500 per 50kg bag, and also the 10kg bag Royal Stallion Rice that sells for N5,250.

    Other brands of rice include;

    Caprice currently sold for N14,500 per 50 kg bag

    Mama gold sold for N15,000/50kg

    Royal Stallion sold at N14,500/50kg

    10 kg Mama Gold which goes for N3,000

    Tomato Aroso Thai going for N14,500/50kg

    Riceland for N14,500/50kg and

    PJS Rice for N14,500/50kg bag

    Currently, depending on the type of beans you want to buy, a bag of beans costs between N18,000 to N25,000.

    There are currently several rice distributors in NIgeria. These distributors sell rice belonging to various brands, including Royal Stallion Rice. some of these distributors include the following;

    Royal Siblings Ventures Limited located at Ikosi Isheri, Kosofe, Lagos

    Marvel Marketing Limited located at Aboru Estate, Alimosho, Lagos

    Mide Foods, located at Akilo-Ogba, Ikeja Lagos and several other dealers within the Lagos area.

    Currently in Nigeria, the cost of foodstuff is quite high. These cut across the grains to the oils, crayfish garri, and all other foodstuff in the market.

    This answer accepted by Darlington Omeh. on October 5, 2017 Earned 15 points.

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  • Active Member Asked on October 4, 2017 in Business.

    The name alone is enough to cause confusion about the exact pricing as it is intimidating enough. However, this car is never out of the reach of the bold at heart. Trust Nigerians, nobody matches us in flamboyance. The exact cost of the Range Rover Sport Autobiography in Nigeria still depends on the model. This starts from N51,000,000 to N65,000,000!

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  • Active Member Asked on October 4, 2017 in Automobile.

    A brand new Range Rover Sport does not come cheap, as it is designed to fit the class and status of its owners. The price of this beast differs according to the mode which includes the year of its manufacture. Newer models have added features not available in the older versions. The price of a brand new Range Rover Sport ranges from N60,000,000 to N80,000,000. Currently, the 2017 model stands at a whopping N80,000,000!

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  • The price range of a brand new Range Rover Evoque in Nigeria ranges from N31,000,000 to N36,000,000. The difference in price depends on the model type, as newer models are more expensive than older models due to improvements in the general design and efficiency of the engine, as well as the interior as well as the exterior.

    The prices for used Range Rover Evoque in Nigeria depend on how clean the car is. the price range starts from N12,000,000 to N25,000,000. Those in the N25,000,000 bracket are almost new, and have an impressive mileage.

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  • Active Member Asked on October 4, 2017 in Automobile.

    The Mercedes Benz G Wagon comes in different models, which have ranging prices. Starting from the 2012 model  Mercedes Benz G Class (or G550) to Mercedes Benz G63 the price ranges from N12,000,000 to N52,000,000

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  • Today, a tin of palm oil costs N100. A 30 litre jerrycan of palm oil gos for N12,000. This however is the wholesale price, as the retail price can be up to N14,000. There are large companies that buy palm oil in bulk. These include the following;

    Sunny Oil Nigeria Limited located at 133, Isolo Road, Mushin, Lagos

    Planet Oil and Chemical Industries located at 4, Aba-Enugu Expressway, Aba North, Abia

    Phemson Nigeria Limited located at 176, Abeokuta Expressway, Iyana Ipaja, Lagos

    Om Oil Industries Limited found at ACME Road Estate, Ogba Road, Lagos

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  • Getting the contact of palm oil dealers/seller is Ebonyi State is not a big deal as we have you totally covered on Wealth Result. For palm oil dealers in your state, they include the following;

    OGB Palm Oil Resources located at No. 4, Town Hall Avenue, Kpri Kpri, Abakaliki, Ebonyi

    Onys Farms located at Amaokwe, Ivo, Ebonyi

    Amene Agro Business Services located at Okposi, Ohaozara, Ebonyi

    Giwatts Ventures Nigeria located at Ishiagu, Ivo Ebonyi

    Divine Food Stuff Limited located at Umuoghara, Ezza South, Ebonyi and

    Abakaliki Micro Entrepreneurs Cooperative Thrift Loan Society Limited located at Abakaliki, Abakaliki, Ebonyi among others.

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  • A pure water production factory requires alot of preparation as well as ample space for administrative as well as production activities. By administrative activities, we mean to say the activities involved in successfully running the pure water factory. Such activities include financial book keeping (the services of an accountant) a quality control room or lab and many other necessary requirements. These need offices to effectively function, while the water production goes on in another part of the building.

    This is why you need a bungalow as it provides most of these features. However, you should note that another reason this is required is because it is cheaper to set up than building an entire factory building from scratch.

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  • Active Member Asked on October 4, 2017 in Agriculture.

    A poultry pen construction requires alot of planning and strategising. There is no off-hand answer to how much it cost to set up a poultry pen because it depends on the size of the pen, and also depends on whether it is for commercial purposes or not. Construction costs for poultry pen intended for personal use are not much. On the other hand, if the poultry pen is for commercial purposes, especially largescale poultry pen, then quite a large amount of funding is required.

    Using a 5,000 bird capacity pen as an example, the financial resources needed to fully construct this will range from N4,000,000 to N5,000,000. The construction cost will typically be lower for a lesser number of birds, and higher for a higher capacity poultry pen.

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  • Lately, the cost of fish feed in Nigeria has significantly gone up. This trend has seen fish farmers groaning under the current price of fish feed. A 15kg bag of catfish feed goes for N9,000, while foreign produced fish feed go for N11,000. Tilapia fees go for N4,200, while a 15kg bag feed for fries (that is baby fishes) goes for N11,500.

    The frequency of feeding for fishes depend on the level of development or growth of the fish. For juvenile fish, feeding needs to be more frequent to to their higher metabolic rate. Hence, these should be fed 2 to 3 times daily. For fish that weigh up to 400g, these should be fed once a day.

    The cost of fish pelleting machine depends on the capacity of the machine. A higher capacity feed pelleting machine will certainly cost higher than a lower capacity pelleting machine. The price range of a feed pelleting machine starts from N1,788,500 to N12,410,000

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  • Active Member Asked on October 3, 2017 in Movie.

    Wow! with your current posture in that picture, I can imagine you already acting out your dreams. The movie industry in Nigeria is growing. This has also witnessed an increasing budget, unlike what was obtainable in the past. The support given to the industry by the Dr. Goodluck Ebele Jonathan administration also contributed greatly in advancing the industry. According to a recent survey conducted by the BBC (the British Broadcasting Corporation), it estimated the budget of producing a typical Nollywood movie to range from $25,000 (which if translated to Naira is N9,125,000 using an exchange rate of N365) to $70,000 (with a naira equivalent of N25,000,000).

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  • Active Member Asked on October 3, 2017 in Marketing.

    Specifying the type of plastic chairs in your possession would have been helpful in redirecting us to give you a specific answer. The price list of some types of plastic chairs include;

    A restautant plastic single chair shown by the image below goes for N3,000

    RE: Prices of Plastic Chairs and Tables in Nigeria (Buy and Sell)

    A combination of plastic chairs and tables which goes for N9,500 as shown by this picture

    RE: Prices of Plastic Chairs and Tables in Nigeria (Buy and Sell)

    on where to market your plastic chairs and tables, consider using OLX as an easy and great option.

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  • Locating a candle materials(consisting of both candle wax and wick) dealer in Lagos is not a big deal, some fo the best dealers in this business include the following;

    Godom Universal Enterprises located at Ojota, Kosofe, Lagos and

    Biswai Commodities Enterprises located at behind Old Afribank (now Mainstreet bank)headquarters, Lagos Island.

    These among several others will provide you with all the materials you will need in starting your candle business.

     

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  • A herbal products business is a very sensitive area which has bothered on the issue of measurement of the right dosage and other vital areas of the business. The registration and licensing process begins and ends with the National Agency for Food and Drugs Administration and Control (NAFDAC). Fulfilling the requirements for takeoff means abiding and meeting all the conditions set by the agency. This can be found in detail on the agency’s website on http://www.nafdac.gov.ng/index.php/guidelines/herbal-guidelines A detailed step by step process is provided to help in keeping with industry’s best practices.

    The best packaging option is just to ensure it looks appealing while maintaining the highest hygiene. Without an attractive and impressive packaging, your herbal product business may experience rejection from potential clients. A useful tip is to simply observe the packaging of conventional drugs and emulate same.

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  • As beautiful as they come, stone coated roofing sheets are quite expensive, These are available in different variants for the choice of the buyer. You may want to be prepared (financially) before going for this (which i guess is the reason for asking this question. The price for this roof are measured in square meters (sqm), and the cost per square metre is N3,200 (subjecto to verification). Using this unit cost to calculate the area of your roofing gives you a rough estimate of the amount needed. Depending on the size of the house, a rough estimate of N1,700,000 to N2,500,000 should be set aside for this.

    For your second question on the cost of aluminium roofing sheets, these also come in various designs and colors. They also come in either .45mm sheets or .55mm sheets and are priced per meter. There are also the longspan aluminium roofing sheets, steep tiles  as well as the Metcopo roofing sheets. Pricing per meter however applies to all. For the Longspan sheets, a .45mm sheet goes for N1,700 per meter, while a .55mm sheet goes for N2,150 per meter.

    For the Metcopo aluminium sheets, the price for the .45mm sheets goes for N1,950 per meter, and the .55mm for N2,300 per meter. For the Steep tiles aluminium roofing sheets, the .45mm goes for N1,850 per meter, while the .55mm goes for N2,250 per meter.

    This answer accepted by Ben Ndiaya. on April 23, 2020 Earned 15 points.

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  • Active Member Asked on October 3, 2017 in Hardware.

    Giving specific capacities would have helped in giving you a direct answer. However, in the absence of this, i would just give you a rundown of the price implications for different capacities of plastic storage tanks (popularly known as Geepee tanks) they include the following;

    A 500 litre Geepee tank goes for N14,000

    A 750 litre for N16,000

    1,000 litre for N19,500

    1,200 litre for N22,500

    2,500 litre for N42,000

    2,500 litre for N53,000

    4,000 litre for N67,000 and

    a 5,000 litre Geepee tank for N96,000

    I hope this was helpful. It will be more appreciated if you are specific when asking future questions

     

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  • This laudable business initiative will find support as there are several merchants you can buy these stained glass materials from right here in Nigeria. Most of these merchants sell both the stained glasses and the materials for making them. Some of these merchants include the following;

    Seagle International Limited located at Ladipo Street, Mushin, Lagos

    Paulision General Company located at Uwani, Enugu South, Enugu and

    Paragon Art Studio located Off Ring Road, Ibadan North, Oyo

     

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