The Quarry Business In Nigeria is an open-pit mine business which deals on materials such as stone, rock, construction aggregate, riprap, sand, gravel, or slate is excavated from the ground.
This business is called an open-pit mine because it is open to the Earth’s surface. People often times, tend to take raw materials for granted and do not appreciate their values; and reason is because we do not have direct interaction with them. But take a good look at a building, roads, bridges, etc all of this mentioned is used by us everyday and everytime we need it, and all of this things we make use of almost everyday can never for once be imagine or think of on how many materials are used in making these structures and where these materials was manufactured from which we all have access to everytime and day. All of these materials used in this construction are in the invisible category. Because there is no much interest on how these comes into making and with this reason the huge opportunities available there are taken for granted, but in making use of this it is advicable for you to just make sure that you use a proper Biological Nutrient Removal to take advantage of all the resources available.
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QUARRY BUSINESS IN NIGERIA: HOW TO GET STARTED
On Nigeria Quarry business is an highly lucrative business, but although capital intensive. The quarry business is seen as a very important sub-sector in the Nigerian construction industry.
The Buildings for shelter, road for transportation and others are everyday necessities; because people need this as part of their everyday life, hence it is seen that this in quote is very important to everyone and in such this business can never run out. This business is a very creative one and it’s advicable that those interested must have a creative mind, and also investing in a quarry business can be profitable to anyone, who wishes to own a business in Nigeria.
AVAILABILITY OF RAW MATERIALS IN NIGERIA
Here are some of the raw materials that can be used for some construction. Granite stone is one of the essential item and core product in construction. In Nigeria there are large quantity of raw material that can be use for construction and with this Nigeria is one of those country that is blessed with this raw material and has it in commercial quantity.
So with this it is clearly seen that in Nigeria, to supply raw materials needed for construction to be done is not a problem and this takes off the stress of looking for raw materials needed for the quarry business anywhere else.
Nigeria is one country that is endowed with granite stone and other solid minerals such as Marble, Dolomite, Basalt, etc. Generally granite is one of the most readily available raw materials needed in construction and it’s also important during construction. Granite is used as a raw material in the production of flooring tiles, marbles and other antiques, etc.
So quarry business is one business you can invest on and trust to make profit , so it’s advicable that if you have money to invest on and you’re thinking of a profitable venture to go into, you should consider the quarry business. With this you can be able to start up a quarry business because with this article you will get enough information on the basic requirements needed to start up a quarry business in Nigeria. Read on below for more information:
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In starting up the quarry business in Nigeria, it involves a huge amount to start with, so if you are interested in quarry business, you would require millions to set it up, get it running and also for better profit. So for you to start up this business, firstly you need to source for a way you can get the required capital to start up this business. It is very necessary for you to note that the The quarry business is a capital intensive business. So in this line of business the actual capital and cost largely depend on what scale the investor tends to start up the business. In this case the investor would want to start up on a small scale or large scale. But all the same, the quarry business is a capital intensive one in which the returns are also huge, this is to say that there are so much profit to make at the end.
This involves the materials needed inorder for the smooth running of the quarry business, which is the cost of machinery (materials) needed in a quarry business takes in bulk more of the money spent in establishing the quarry business. The machinery which is also known as the materials needed for the running of the quarry business is seen as a very important factor that need to be carried out inorder for the smooth running of the business and the capacity of the machinery required is based on the input of the granite and its output. Some of the machines needed include the following; crushers, excavators, carriage trucks, payloaders, excavator rubbers, dumpers, generators, Way Bridge, etc. These equipments listed are very important and must be made available if you plan on starting the quarry business because all of this machines are needed, and these equipment are mostly sourced from China, USA or Europe.
LEASE A LAND
In order to start up this business
You will need to acquire or lease a rocky land from the government from which you will derive your products. These lands are usually leased for a period of 1-5 years. In this process an aninvestor can also decide to lease a quarry with all the equipment already purchased. It is important that as one who choose to start up dis business it’s advicable for you to lease a quarry with all the equipment already purchased then with this done you can knock start the business.
In Nigeria rocks are seen in different parts in the country, and in most cases these land filled with rocks cannot be managed by just one company. It is possible for this land with rocks to be leased out to another depending on the agread contract, so in this sense investors can also lease some of these lands that is endowed with rocks so others can explore the materials which they want to and for them to be able to fulfill the number of years wanted, as agreed on in the contract, and the minimum is 10 years. So if you wish to start up this business you can take up such an opportunity so as to enable you start a quarry business in Nigeria. Before you can Knick start this business it is important for you to know the range at which this lease cost. The lease cost rages from 2 million to 5 million per a year and inorder for you to do this, you must have one of the title with a deal of ownership. So for you to own a quarry, there is need to submit an application at the ministry of solid minerals. And this process of submitting am application at the ministry of solid minerals can be done easily only if you have lawyers that are familiar with the processes of getting approval of exploration.
As an individual who want to go into a quarry business, having the knowledge and technical know-how is essential and a key to the success of a quarry business. The knowledge and teachnical know how is very important for you to devote your time in learning the basics of the technicalities in order for the smooth running of a quarry business. You can visit At https://quarrymining.com.au/ to learn more on this and also to get more information on how to about a quarry business, after goin through all this process you can then get a supplier of engineering services to the mining and construction material industry.
HIRING EFFICIENT HANDS
The quarry business encourages you to get any support inorder for the smooth running of the business. So it’s important for you to hire an efficient hand by employing people who is ready to help in the development of the business, and this neccessary if the business is strong and the work load to be carried out require for more hands. So in this flat form you can employ capable hands to run the quarry business for you. But by so doing you must ensure that these ones have experience in running a quarry business.
For a business to be effective it is neccessary that such business must have a marketing plan, so every business requires an effective marketing strategy. And no matter how good your production is, with effective machinery and staff, without a good marketing structure, the business is bound to fail. So as a quarry business you need have a good marketing strategy inorder for your business to undergo growth, and this marketing strategy is seen as a very important factor that helps business in all areas and also necessary because people need to know about your business and also have to come to trust you as a reliable business person and supplier.
With Haulage your goods is secured and gives you the opportunity for these goods to be transferred to wherever your customers are located, It’s also seen as a mix of supplying goods to customers. So in all haulage has to do with the process of transporting goods from one location to the other. Haulage involves the use of heavy-duty vehicles such as Tippers, Trailers, and Trucks, with all this goods can be transported from one place to another. Now this important because after production takes place there is need to distribute to customers for consumption purpose, take for example; that after the production of granite, you will need a reliable distribution system to move the goods from one place to the other. This distribution service through transportation is a business on its own. Therefore, some make use of third party haulage services. These third party haulage service lease their vehicles to you and you make payments monthly or as agreed. You can also choose to purchase heavy-duty haulage vehicles such as tippers or trucks if you can afford it. To start up a small quarry business you can start up with about 5 million naira, depending on how u what you want to start with.
This are customers that petronize the quarry business on daily basis. And this people who patronize the quarry business include:
Manufactures of cements and bricks
Manufacturers of tiles
Wholesalers and retailers
This names listed are the potential customers who on daily basis buy from the quarry business.
THINGS TO GET DONE WHEN SETTING UP A QUARRY:
Here are some things you need do when setting up a quarry business;
It is necessary that before you set up a quarry business you must have a Perimeter survey of the land needed to be used to set up the quarry firm.
As one who wants to set up a business,it is important that your company name is registered, and this shows that your company is fully recognized.
There is need for exploration information, this includes GPS reading, report writing, findings and investigation on how to set up a quarry business.
Then after you can fill an application form for Abuja to start a quarry
There must be an Attestation form to be filled by a lawyer before forward business operations.
Lastly there must be a feedback on the financial running of the quarry business, that is the report of capability of finance.
[…] See Also: How To Start Quarry Business In Nigeria […]
[…] See Also: How To Start Quarry Business In Nigeria […]