Start & Grow Your Brick Making Business

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The term brick refers to small units of building material, often made from cement. bricks are modern construction materials and as such are use in all the construction viz: residential, commercial, and industrial building construction, this suffices to mean that the Block manufacturing business is a thriving one. The increasing need to build new residential houses, factories and offices to accommodate Nigeria's large population has made cement block production a very lucrative business in the country. Over the last 10 years, building and construction sector has undergone strong growth rates in the range of 8-10% in Nigeria (Source: National Bureau of Statistics, 2013). Housing and construction is one of the major drivers of growth in more than 40 allied industries, the brick industry included. Demand for brick has also risen tremendously as a result of the demand for it in the housing and construction industry. In addition to this, there is also increasing demand of bricks of all type from government and multi-national contractors for building purposes.

Nigeria with her current population estimated at over one hundred and sixty-five million {165,000,000} growing at a rate of 3.5% per annum has a shortfall in the supply of housing units that have been estimated to be between 16 – 17 million. With an economic growth rate of 5.7% per annum in the past five {5}years ,Nigeria has witnessed a growth in the number of middle-class families with the associated need to have a home of their own ,thereby further deepening the real estate market in Nigeria. It is on record that over 60% of the entire population of the country lives on rented accommodation. This indicates another latent market in the real estate industry in Nigeria. The increasing need to build new residential houses, factories, and offices to accommodate Nigeria’s large population has made cement block molding a very lucrative business in the country.

With an investment of as little as N80,000 or even less, you can set up your business on this scale assuming you already have vacant land. On this scale, you will be producing between 200 to 500 blocks per day depending on your strength or amount of labor employed.

The first customers of most brick making are family & friends. Housing is needed for various purposes including shelter (residential accommodation), recreation, offices, places of worship, markets, schools, shopping malls, hotels, parks, amongst others. An essential component used in the construction of these properties is concrete block. For this reason blocks are always in demand. It therefore provides a good opportunity for investment.

Block industry business can earn you as much as 1 million naira monthly. 12 to 13 bags of cement is used everyday to produce 500 of 9inches blocks. If each of the blocks are sold for N140 as it were, 500 blocks will sell for N70,000 and the total expenses that will produce that number including the laborer’s wages is between N45,00 to N50,000. When you subtract that from N70,000 your profit will be N20,000 to N25,000 daily. Multiply that by 30days, you will have N600,000 to N750,000 MONTHLY!

If you have passion to contribute to solving the housing issue of Nigerians and you have flare for construction generally, this could be right for you.

The increasing need to build new residential houses, factories and offices to accommodate Nigeria’s large population has made cement block production a very lucrative business in the country. Demand for cement blocks has also risen tremendously as a result of the demand for it in the housing and construction industry.

Taiwo Hassan of Tay Blocks, also in Lagos, said he is motivated to stay in the business because of the fulfillment he derives from seeing people build their own houses, while he “also makes money in the process.” He explained that the business is lucrative and brings in steady income. “I sometimes make more than a N1m a month,” he said. “But now that the rains are here, I make between N300, 000 and N400, 000 on the average. During the dry season, the income rises because people capitalise on the weather to hasten completion. Once one is well established, the business can easily make the individual a millionaire within a short time.

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