Michael Alaegbu's Profile
Active Member
248
Points

Questions
73

Answers
62

  • Active Member Asked on February 7, 2018 in Business.

    Hello Queen  Amaka,  here are some things you should have before starting recharge card printing business

    1. Computer
    2. Printer Laser jet recommended; For printing of the recharge card
    3. Locate a dealer or sub dealer around your area; it’s only from the dealer you get the e-pins
    4. A4 paper
    5. Internet (optional)
    6. Download a recharge card printing software from your dealer(preferably)
    • 1551 views
    • 2 answers
    • 0 votes
  • Active Member Asked on February 7, 2018 in Agriculture.

    First you need to determine whether you want to go into private farming of commercial farming, tho i have not seen mushroom before expect for the online pictures talk less of eating it but with information online its an  upcoming up business in this part of the world(Nigeria) . I honestly think you should do more research before venturing into it.

    For more information read  these article on Mushroom Farming

    • 1511 views
    • 1 answers
    • 0 votes
  • Active Member Asked on February 7, 2018 in Health.

    Yes its a good business considering the facts that we all fall sick once in a while and also stress in Lagos is killing , having said that here are some of the things you should consider before venturing into pharmacy business.

      1. Find a good location that is approved by PCN
      2. Find a steady and reliable supplier
      3. Source for capital
      4. Make security your top priority
      5. Make your pharmacy store conducive
      6. Employ qualified staffs

     You should also read How to start Pharmacy (Drug Store) Business In Nigeria

     

    • 1637 views
    • 1 answers
    • 0 votes
  • Active Member Asked on February 7, 2018 in Food Processing.

    These are the following  requirement  for interested Applicants

    Submit your application form with all relevant documents for registration and application letter in accordance with the issued guidelines (see relevant guidelines).
    Provide NAFDAC with the relevant information and description of the facility for inspection where it relates to registration and importation of NAFDAC regulated products.
    Provide samples of the products to be registered when notified by NAFDAC for laboratory analysis.
    Ensure all payments are made as at when due
    Ensure all documents are complete and with the appropriate description to prevent unnecessary delays.

    Timelines

    Registration of food product not more than 90 days from acceptance of application.
    Registration of drug product not more than 120 days from acceptance of application.
    Variation of product registration takes not more than 60 days

    Compliance Directive

    A client is mandated to comply with Compliance Directive (CD) within 7 days of issuance.

    Note failure to comply with any CD issued by NAFDAC may be a basis for cancellation of the application and all delays of the client will not be counted within the 90 days for registration.

     

    Summary of Registration processes with timelines

    Submission of Application – 0 days
    Document Verification – 10 days for food and drug
    Facility Inspection/Sampling – 20 days for Food, 40 days for Drug
    Laboratory Analysis – 30 days for Food, 40 days for Drug
    Final Vetting – 10 days for food and drug
    Approval Meeting/Issuance of NAFDAC registration Number (Certificate of registration) – 20 days for food and drug.

    Total number of days: 90 days for Food, 120 days for Drugs

    Copied from NAFDAC official website

    • 1751 views
    • 2 answers
    • 0 votes
  • Active Member Asked on February 6, 2018 in Real Estate.

    Real Estate business is all about networking it really doesn’t involve much capital in starting  expect  the cost office which is not really compulsory.

    Once you can network you are as go to go.

    • 1657 views
    • 1 answers
    • 0 votes
  • Active Member Asked on February 6, 2018 in Food.

    For a start 500k is not enough to start foodstuff business but it will try if you improvise with your suppliers, first develop a good relationship with your suppliers so he/she can give you credit facility,  your suppliers could even give you goods  up to 500k  on credit, so technically you can start foodstuffs business with 500k if well MANAGED .  They are different market for different foodstuffs locate the one closer to you.

    30k or even more is possible every month provided its well manged.

    • 10040 views
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  • Active Member Asked on February 6, 2018 in Finance.

    Walk into any Micro finance  bank close to you and ask for there procedures and the kind products they have, it’s that simple.

     

    • 1709 views
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    • 0 votes
  • Active Member Asked on February 6, 2018 in Business.

    There is an article written on wealthresult.com about How to become Indomie sub distributor  in Nigeria try reading it https://wealthresult.com/fooddrink/become-indomie-distributor-nigeria

    • 5532 views
    • 1 answers
    • 0 votes
  • Active Member Asked on February 6, 2018 in Business.

    It depends on the kind of machine you intend to buy, if you are looking for fairly used popcorn machine  i suggest you should ask local dealers but if you are looking for imported machine try Aliexpress.com.

    • 1877 views
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  • Active Member Asked on February 6, 2018 in Agriculture.

    NEXIM(Nigeria Export – Import Bank) lends money directly to Nigerian exporters to fund their purchase of capital goods, raw materials, packaging materials, spare parts through our Direct Loans facility. The facility also covers the provision of infrastructure as well as revitalization and modernization of plants/machinery. Providers of export services in the areas of consultancy, tourism, oil and gas etc are also eligible for support.

    Visit their Site for more information and procedures on how to acquire loan from them.

    • 2134 views
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    • 0 votes
  • Active Member Asked on February 6, 2018 in Movie.

    First thing you need to ask yourself truthfully is, am i good in acting  if yes then you are on the right track but  if you are undecided about it don’t go for it. Here are some tips i think you should apply if you want to join Nollywood.

    1.  Attends many auditions as possible, it improves your chances of being in Nollywood movies
    2. Follow Nollywood celebrities on social media as some of them give opportunity to young aspiring actors like opportunity of a lifetime
    3. Bring your A game when you audition for a role.
    4. Be yourself always
    5. Improve on your craft

    I hope with these few points of my i am able help you in a way.

    • 2245 views
    • 2 answers
    • 1 votes
  • Active Member Asked on February 6, 2018 in Agriculture.

    Starting a business  like tin tomato production requires a whole lot of money , here are some of the things you should consider before starting.

      • Cost of Registering with NAFDAC

     

      • Cost of hiring skilled and unskilled labor

     

      • Cost of raw materials(even if you have your farm)

     

      • Cost of machines

     

      • Cost of logistics

     

    My Conclusion, setting up a tomato production company at any level requires at least 20,00000 to 50,00000 million naira. 

    • 6279 views
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  • Active Member Asked on February 6, 2018 in Technology.

    The information is quiet resourceful and direct to the point, thanks for this laudable info.

    • 3391 views
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  • Active Member Asked on October 7, 2017 in Agriculture.

    There are old tradition method been used to indentify natural honey 1 pour clean water in a bowl then put a drop of honey in it, if it goes down and doesn’t mix it’s original and the second one is pour honey in a stick and try to light it if it catches fire it a good honey, hope i tried.

    • 4006 views
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  • First of all poultry business is capital intensive and demands total concentration. Like aperion said you need to choose a niche from what listed above but I think 500,000 is too small commercial purpose 1m is sounding like it and good luck to you.

    • 3537 views
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  • There are quite a number of businesses one can can do with #3m, since your location is close to market you could do.
    1. Supply of groundnut oil and palm oil.
    2. Crayfish business
    3. Sale of pure honey

    • 3018 views
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  • Your contact wasn’t reliable and you should do more diligence in your marketing.

    • 14211 views
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  • Active Member Asked on October 4, 2017 in Agriculture.

    Act now and save money.

    Imported cage specifications
    Length = 2.2m
    Width = 2.4m
    Height = 130
    Capacity =120 birds
    Wire = Galvanized
    Stand = Galvanized
    Feeder = Indestructible plastic
    Drinker = Nipple drinker with cup
    Cost = #140,000.
    All accessories included plus free installation for Lagos clients
    For bookings and enquires call Michael on 07036378686, 08185680174 or visit our office at 45 shasha Rd Egbeda, Lagos state Nigeria.

    RE: Where to Buy Poultry Farm Equipment in Nigeria

    • 1922 views
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  • Active Member Asked on October 4, 2017 in Agriculture.

    To start a Poultry farm you should have these things before starting
    1. Day old chicks – N150- N180 or point of lay birds N1400- 1800 ( depending when you are buying them).
    2. Battery Cage – this is where you keep the birds when they are about to lay and its comes with a drinker, feeding tower, and so many more, it’s makes work easy for farmers to pick eggs or detect when the birds are sick.
    3. Manuring machine
    In case you don’t know there are two types of Poultry farming, 1. Cage system or 2. Free range system or check

    • 12791 views
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  • The size of the market is big because of its numerous uses. Castor seed has 1002 uses and as for types of soil, castor grows well on all soil types expect swampy soil.

    I represent (CASPGMAN) Castor growers processors marketers association of Nigeria, South West.

    • 14211 views
    • 7 answers
    • 0 votes