10 Things You Can Import Into Nigeria With N100,000 Naira

10 Things You Can Import Into Nigeria With N100,000 Naira

by Ezeibe Nnamdi on January 10, 2017.
 

What items can I import into Nigeria with N100, 000? My answer is a lot!

But I will share with you just ten popular, fast-moving goods that you can import into Nigeria within your budget.

Why I say ‘fast-moving goods’ is because these items are the most sought-after products in Nigeria.

You can purchase them from China, Dubai, India and Europe at an affordable price. Let’s check them out.

1. MOBILE PHONE ACCESSORIES:

Nigerians love to pimp out their phones with the latest reigning accessories out there. The good thing is that these products are cheap to buy outside the country and import.

All you need to do is check out the latest accessories out there by visiting popular e-commerce websites like alibaba.com, made-in-china.com, amazon.com and other merchant sites.

Read the customer reviews on those e-commerce sites or on forums like Nairaland and then make your decision on what will sell in Nigeria. Eg, Bluetooth devices, memory cards, cords and chargers, screen guard, etc.

2. WOMEN HAIR WIG & EXTENSIONS:

What can I say about this sought-after hair beauty product?

Nigerian women can’t be caught without their gorgeous human hair extensions on fleek!

So if you want to make it big, you can start small and test the waters by importing affordable but good quality hair extensions with your budget.

3. FAIRLY USED  CARS,CLOTHES, BAGS & SHOES

Nigerians have insatiable appetite for fairly used fashion accessories that are imported from Cotonou and the U.S . Go to Tejuosho market in Yaba and see with your eyes.

Second-hand fashion business (normally termed as Okirika) is booming in Nigeria. So long as Nigerians value these affordable long-lasting clothing over the brand new China wears, it’s not going anywhere.

Traders import these fashion items very cheaply and sell at a high cost. A real profitable business.

4. NEW CLOTHES, BAGS & SHOES

If you are targeting the elite customers or big spenders, you can test the market by importing brand new clothes, shoes and bags from Dubai, China and the U.S.

5. FAIRLY USED TELEPHONES:

Remember London-used iphone phones that are being sold in Trade Fair Lagos and other big markets in Nigeria? These phones are hot cake in the Nigerian market. You can buy both the used ones and the brand new as well as the broken screen ones as the are sold as spare parts here and for good money too.

6. JEWELRIES:

The Jewelry industry is huge in Nigeria and the ladies love to show off their newly bought earrings at parties or work. Visit Trade Fair in Lagos and see the amount of jewelries being sold wholesale or retail. You can start with importing affordable beads, G.L earrings and necklaces, Wrist watches and Eye glasses to sell.

7. COMPUTER PARTS

Computer Village in Ikeja is a testimony to the fact that the computer parts business is a profitable one. But before you rush off to import, you need to do your research and analyse the cost of purchase, sale and the profits before importing.

8. FABRICS

The reason why the textile business is so popular is because Nigerians are proud socialites and unapologetic fashionable people. Visit the popular Balogun market in Lagos and see the billion-naira business on display. Nigerians love dressing uniformly when attending parties, funerals or weddings. So if you want to attract their wallet and make profit, start importing attractive Ankara fabrics and make your profits.

9. NEW TELEPHONES

New China phones are selling like hot cakes, especially if your target market are the low end buyers who can afford between N2,500 to N5,000 naira phones.

10. NEW BEDDINGS.

Who doesn’t need a comfy bed sheet to sleep in at night? In a country that has over 170 million people, the market is large enough to import more bed spreads.

There you have it. Think like a smart importer and grow rich this year!

Happy Importation.