Feng Choji's Profile
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  • Active Member Asked on October 3, 2017 in Real Estate.

    The price of cement in Nigeria has been fluctuating lately. however, there is a range of price these cement products hover around. For the most popular among these cement brands which is the Dangote cement, the price ranges from N2,700 to N3,200. Other cement brands include Larfarge Cement which goes for N2,000, Ibeto Cement at N2,000, Wapco Portland Cement at N2,300, Ashaka Cement at 2,000 (subject to verification) and Sokoto cement at N2,000.

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

    The Bitcoin revolution has taken the world by storm, with many feeling left out of this lucrative cryptocurrency. Nigerians like you have not been left out of the desire to participate in the wonder cryptocurrency trade. There are now many places where you can buy your Bitcoins from, Some of these online merchants include www.nairaex.com,  https://remitano.com/ng

    There are several other bitcoin selling sites where you can conveniently buy your bitcoins from. On your second question on the current bitcoin exchange rate, the bitcoin vs the US dollars exchanges for $4,297.00 which when converted to Naira using an exchange rate of 365 goes for N1,568,405.

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  • I love your entrepreneurial spirit, and can imagine the dilemma you are currently passing through right now. The location stated in your question is impressive. Some of the simplest businesses that can be run in such location is opening a shop around such an area. However, the type of shop to be opened strongly depends on the type of goods most needed in such a location. Therefore, we should first know the type of market close to the building. In our bid to know more about the market, we will have to consider if the market is an everyday market or a weekly market.

    Also, is it a general market, or a market where only specific items are sold such as a building materials market, a vegetable market and several other similar markets where only certain goods are available. Moving to the subject of the school, the composition of the school is an important aspect that should be considered. The age-grade of the pupils or students. Going through all of these details will greatly help you in determing what type of business to establish. However, a common type of business that thrives in such locations even in the presence of competition is a provision store.

    For this business to thrive, you will need the know how on effectively running the business with emphasis on growth and expansion while fully satisfying the needs of your patrons

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  • That’s a great question. There are numerous agricultural training providers that offer detailed training in agricultural procedures and practices. This is coupled with the fact that the Federal government is offering incentives to individuals engaged in agriculture. Some good agricultural training centres located in Lagos include the following;

    Duchies Farms Enterprise located at Egbeda, Alimosho, Lagos

    Psaltery International Limited located at Oregun, Ikeja, Lagos

    Bourgeonaise Investments Limited located at Fadeyi, Shomolu, Lagos

    Zoma Farms with location at Akerele, Surulere, Lagos

     Bidems Victory Farm located at Abule, Ikorodu Lagos

    Lakjos Concepts Located at Yaba, Lagos Mainland

    There are several other agricultural training institutes that have the capacity to provide the best training to cater for your needs. Kindly follow the ones provided above. However, if these are not sufficient, you can refer back for help on other good ones too

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  • The salary package for veterinary doctors in Nigeria varies according to the level of specialization, the place of employement (private, state or federal). In all af these, owners of successful vet clinics earn the most, as there is no cap on the amount of money that can be made, since it is a business. But salaries have to do with workers. Hence, for vet doctors under the employ of private clinics, some of the most successful clinics pay quite well. Here, the salary ranges between N50,000 to N80,000.

    Vet Doctors working with state veterinary hospitals receive a salary package that ranges between N40,000 to N80,000, while those under the employ of federal owned vet institutions receive between N70,000 to N100,000. As stated, these are an average of what they receive as they can receive less or more

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

    This question is quite wide as there are so many registered veterinary doctors in Nigeria. There is currently no publicly published list of registered vet doctors in Nigeria, However, the closest we can get to this are the owners of some of the registered vet clinics in Nigeria (which of course implies they are registered veterinary doctors. Getting a comprehensive list of registered veterinary doctors requiress placing a reguest with the Veterinary Council of Nigeria, and only with the consent of this regulatory body can such be made available. However, the best we can get is to have a list of registered veterinary clinics in Nigeria and their owners which are of course registered vet doctors and spread across the lenght and breadth of the country. Some of these include;

    Doctor Kunle Abiade, a vet Consultant surgeon with impressive years of experience, and owner of the Petcare Animal Hospital located at 91 Opebi Road, Opebi, Ikeja, Lagos

    The Son of Honour Dog and Puppies shop located at Alao Bus Stop, Amuwo Odofin, Lagos. (Details of owner not available)

    The Doglord Kennels located at Ayodele Str. off Iawa Ayodele, Yaba, Lagos Mainland

    Spangle Animal Consult located at Oju Ore Ota Road Ado Odo/Ota Ogun State

    El Saibot Animal Boutique located at Asaba, Delta State

    Savinggrace Veterinary Service located at Nyanya, Abuja Municipal Abuja

    There are several of these vet clinics found in every state across the country

     

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  • One does not have to break the bank before establishing this business. The necessary equipment are not so costly to acquire. However, with an investment of N1,500,000, your gas business will be up and ready to go. Some of the equipment required include a holding tank. this is usually quite large. This is where the truck supplying the gas empties its contents into. From this holding tank there are pipes which connect to the different service outlets. Of course you would need to get a land, and that is where a considerable amount of the money will go.

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  • Active Member Asked on October 2, 2017 in Fashion.

    Original Brazilian hair as inquired are of different types with different prices. Some of these types and their prices include; Short straight hair and closure which goes for N25,000; Brazilian hair body wave at N18,000; Brazilian deep wave human hair extension at N42,000; Brazilian virgin hair baby curl at N42,000; Brazilian hair natural straight at N52,000. There are several other types of original Brazilian human hair which you can choose from.

    The shopping mall is a great place to find these. Also, for those more interested in shopping online, you might want to consider visiting sites like Kong.com, Jiji.com.ng, humanhairnigeria.com.ng and several other Nigerian e-commerce sites. The provide a full coverage of the whole of Lagos and other major cities across the country.

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  • Active Member Asked on October 2, 2017 in Agriculture.

    Wow! Chinwe, I must say you are a very inquisitive person, which is quite commendable! Starting a poultry business entails a lot of things being put into place as there are risks which if not managed well can derail the business. In starting a poultry business, some of the basic equipment that must be put in place include the drinkers, the feeders and the housing type. For every type of poultry house built, one thing is required GOOD VENTILATION! This cannot be overemphasized as a lot of poultry diseases and mortality stem from the inadequate supply of this basic requirement.

    There is the battery system of housing for the poultry. This is usually the most organized as the birds take up less space and is most used in large scale commercial poultry farming. If you are interested in this system, then you will have to incur significant expenses to purchase the cages. This is after having provided a large building where these will be kept. For the deep litter system, the cost implications are quite low as the birds are housed or let to roam freely within the building.

    To start a poultry farm, consider buying these equipment (some of these are specific to the type of poultry farm to be established);

    Drinkers (depending on the number of birds)

    Feeders (also depending on the number of birds)

    An incubator (for hatcheries)

    Feed

    Shavings of wood (commonly called saw dust) preferably the shavings and not the saw dust, as this could lead to the birds developing respiratory diseases.

    Crates and

    Drugs (vaccines and vitamins).

    Depending on number of birds being kept, the costs incurred could range from N 100,000 to over N10,000,000.

     

    This answer accepted by Chinwe. on October 2, 2017 Earned 15 points.

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  • Starting a bakery business in Nigeria requires meticulous planning and the adoption of the right strategies. This is because there are many bakeries across the country. Properly understanding the market forces of supply and demand, coupled with the weaknesses as well as the strength of your competition can significantly contribute to the success of the business. A bakery business requires staff who must be paid. There is also the purchase of the right equipment such as an oven (either locally fabricated ones or brand new ones), bread pans, mixers and a lot of other equipment.

    The cost of rent, or building a bakery house from scratch contributes significantly. Thus, going through a careful start-up cost analysis (feasibility studies) is essential. Starting a bakery requires a cost ranging from N700,000 to N5,000,000. The variation in the start-up cost depends on the location, cost of equipment, the standard of the bakery, as well as the rent or construction of a new bakery building.

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  • Active Member Asked on October 2, 2017 in Sports.

    Setting up a sports betting and lottery business in Nigeria requires first approaching the National Lottery Regulatory Commission where the particular area of interest is fully stated. There is a comprehensive process of application and this begins by first applying formally to the Director General of the commission. There are different application forms for specific types of sports betting and lottery business. However, the form costs is not currently disclosed, as this would only be available during the application process.

    In addition to the cost of getting the betting license, N10million annual license fee is to be paid to the National Lottery Regulatory Commission.

    When returning the completed form, there are other requirements that should accompany it. These include evidence of your net-worth (provided by your financial institution), a detail of security, accounting and administration system, the profile of your organization, particulars of directors, a bank guarantee, the details of the set rules of your sport betting/lottery business, the evidence of clearance from relevant agencies, the evidence of technological equipment for placing of bets/lotteries.

    After getting the necessary licensing or permit, you will be required to put in place a prize fund account (this is the money won, or offered to the winner). However, 20% of the proceeds from the business is to be remitted to the National Lottery Trust Fund.

    This answer accepted by Chinwe. on October 2, 2017 Earned 15 points.

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  • Your question is a good one. If you have done your market survey well, you will find out that the variation in the price of equipment is not so wide. Also, you will need to choose the type of equipment to purchase, that is, either brand new or fairly used. These contribute significantly to the start-up cost. It is strongly advised that new equipment should be bought. A significant part of the start-up costs come from the location of the barbing salon. Typically, barbing salons located in bustling cities tend to have higher start-up costs due to the money spent on renting of a shop for the business.

    The reverse is the case for a barbing salon located in a low income neighborhood as the rent is quite low. Apart from these, the standard of the barbing salon also contributes to the cost. For a fully equipped barbing salon having every facility and located in a highbrow area or the Central Business District (CBD) or similar locations, the start-up costs can go as high as N11,000,000 plus. The cost of starting  a barbing salon heavily relies on factors that include the location, the standard of the salon, and the level of equipping the business.

    Some of the equipment needed include;

    Multiple Clippers (depending on the size of the business) worth  10k to 15k per piece

    Large Mirrors 2 to 4 at N5,000

    Furniture ( including chairs, settee, cabinets among others) costing an average of N500,000 (depending on the quality.

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  • There is no straight answer to your question as you will have to consider other factors which include the type of hair salon to start. The location of the hair salon also contributes significantly to the start-up costs. In highbrow neighborhoods, apart from the equipment cost, rent alone takes up a substantial part of the start-up costs. So it will do well to know your level of financial preparedness before venturing into this business.

    A well-equipped hairdressing salon in a highbrow neighborhood or a Central Business District (CBD) can incur a significantly high start-up cost. This can go as high as over N30,000,000 naira! How well a hairdressing salon should be equipped determines the cost of starting. In low income neighborhoods, and depending on the equipment to be purchased, the start-up costs of hairdressing salon in Nigeria could vary from N500,000 to N5,000,000.

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  • Chocolate human hair are of different types and include 16 inch chocolate romance curl N15,000, 12 inch chocolate straight hair with a price tag of N5,000, chocolate purple crystal starting from N7,000 and 20 inch chocolate human hair starting from N12,000. Others include chocolate sambo human hair starting from N13,000, chocolate virgin human hair with a length of 18 inch with a price tag of N16,000. These are some of the variants of the chocolate human hair.

    Places where you can find these hair in wholesale price in Nigeria include Rammy Da Hairtrepreneur located at Marina, Lagos Island, Ejisco and Sons Ventures located at Ojuwoye, Mushin, Lagos and Ladiva Hair Concept located at Osolo, Oshodi Isolo, Lagos. Others include Fix It Beauty Palor found at Ajao Estate, Oshodi Isolo, Lagos and in several other locations. However, it would be helpful if you were a bit more precise by telling us your location so we can provide you with specific answers.

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  • Active Member Asked on October 2, 2017 in Business.

    Hair dryers come in different shapes, sizes and types. However, these are all called hair dryers. You have not stated specifically if you need a wall hair dryer or a standing hair dryer. Their prices differ according to their brands, as there are brands which are more expensive than others. The more expensive ones are either made in the US, UK, or anywhere else in the EU. Some of these include BaByliss 2100 Elegance, Dyson Supersonic, GHD Aura and several other brands. However, China provides cheaper alternatives.

    The cost of wall hair dryers range from N24,000 to N117,000, while the price range for standing hair dryers range from N12,000 to N35,000. “Other dressing equipment” could mean a lot of things. Please look up some of the list of equipment supplied in an earlier question which is similar to the one you asked.

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  • Active Member Asked on October 2, 2017 in Business.

    Asking about the equipment needed itself is a step in the right direction that will only increase your chances of success. So in adding to the information provided above, you would also need;

    A salon trolley which goes for N12,000

    A salon wash basin with an asking price of N125,000

    Female and male salon lights (like signposts indicating the gender) which is optional, going for N4,000 apiece.

    Standard salon styling chairs N42,000

    Ear Muffs going for N800

    Salon and Spa Stool going for N25,000

    Make-up Chair N10,000

    Salon Mirror Cabinets going for N120,000

    A mirror cardboard N45,000

    A nail shaper with a price tag of N3,500

    Children salon styling chair starting from N45,000

    Professional hair dryer N40,000

    Standing hair steamer N40,000

    A mobile salon tray starting from N55,000

    Tongs starting from N32,000

    Sterilizer with UV (Ultraviolet) N18,000

    Clippers N10,000

    These equipment are of different types and of varying quality. It will do well to have a clear picture of what you want when you go shopping. Some salon equipment are quite costly while some are considerably cheaper. Striking a balance between quality and cost will go long way in helping you avoid excesses and at the same time giving you value for your money

     

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  • These human  hairs vary according to the length and the bundles they come in. However, some do not come in bundles. Focusing on your first question on the prices of these human hairs, lets start with the Indian air; the Indian straight human hair presently goes for N52,000, the Indian virgin hair which has a length of 20 inches and consist of 3 bundles goes for N47,000. However, the cost of the Indian virgin hair varies with the length, as that which has a length of 18 inches, and 3 bundles is presently sold for N42,000.

    For the Peruvian Hair, there are several types, with each varying according to quality or level of processing. Some of these include; the Peruvian short straight hair which goes for N15,500, the short lenght posh wave starting from N34,000 and the Peruvian unprocessed human hair which goes for N52,000. Others include the Peruvian virgin hair (kinky curl) that goes for N42,000 and the Peruvian minky curly virgin hair extension sold for N22,000.

    On where to get these hair types from, you need not worry, as there are several options. First, if you are the type that likes shopping online, then you have no worries as you can click on this website http://humanhairnigeria.com.ng There are a lot of collections you can choose from. However, if online shopping is not your thing, consider visiting any of the big shopping malls such as Ikeja City Mall or those on the Island. I am quite sure you won’t be disappointed.

    This answer accepted by Chinwe. on October 2, 2017 Earned 15 points.

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  • Active Member Asked on September 30, 2017 in Travel.

    Obtaining an international passport in Nigeria first requires categorization. The categories are the fresh passport applicants as well as those applying for a renewal of their passports. For fresh applicants, a N2,000 Naira address verification fee must be paid to the bank. This is however exclusive of bank charges. The standard Nigerian international passport consists of the 32 page passport which goes for less. For applicants within the age range of 0 to 17 years, the price of the passport goes for N8,750. This also applies for applicants within the age range of 60 years and above.

    However, the cost of the standard 32 page Nigerian International passport for applicants within the age range of 18 to 59 is higher. It goes for N15,000. For the 64 page Nigerian International passport booklet, the cost is significantly higher, as it goes for N20,000 for all age categories. However, the costs stated above all exclude a fixed address verification fee sum of N2,000 which must be paid by all categories of applicants.

    Applying for the renewal of the Nigerian International passport follows the same process. all the fees stated above for fresh application of the International passport are also replicated for renewal of the international passport. There is no reduction or increase in the application for a renewal of the Nigerian international passport. I hope I answered your question. Feel free to ask further questions if you are not clear.

    This answer accepted by Chinwe. on October 2, 2017 Earned 15 points.

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  • Active Member Asked on September 30, 2017 in Business.

    4 years is quite a long time. Nigeria’s economy has since witnessed alot of upheavals, especially the devaluation of the Naira, which has understandably increased the price of imported goods. From the price quote mentioned by you, you seem to be interested in a second hand Toyota Hiace bus. Today, getting a clean Toyota Hiace hummer bus requires quite a substantial amount, as the price currently hovers within the range of N8,000,000 to N10,000,000.

    You did not specify the engine type you want, as a Hiace bus can either come with a diesel engine or a petrol engine. Cars with diesel engines cost more than those with petrol engines. The cost given above is for a petrol engine Hiace bus. In Nigeria, petrol engines are preferred over diesel engines. For a brand new Toyota Hiace bus, the cost ranges from N15,000,000 to N20,000,000 depending on the model and the dealer. These are the current price list for Toyota Hiace buses. Comparing the prices with what you had been told earlier, you can notice a huge price difference. The current exchange rate regime can be blamed for this increase. I hope i answered your question satisfactorily.

    Feel free to ask further questions on areas you don’t understand.

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  • Active Member Asked on September 2, 2017 in Agriculture.

    As a cassava farmer, weeding can be quite challenging. However, the number of times you need to weed before your crops are right for harvest is normally 2 times, and 3 in some cases where the land supports the growth of weeds. You can significantly reduce this though by the use of herbicides which significantly inhibit the growth of these weeds.

    For your second question on the tonnage of cassava to be realized from 1 acre, you can realize up to 20.2 tons of cassava from 1 acre. A hectare producing 50 tonnes.

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