How to Make ₦6 Million a Day with Import and Export

How to Make Millions Daily Through Import and Export (800 Words)

Introduction

Import and export is one of the oldest and most profitable forms of commerce in the world. By simply moving goods from where they are abundant and cheap to where they are scarce and expensive, you can build a powerful business with daily profits running into millions — even ₦6,000,000 or more. While this sounds ambitious, it's achievable with the right knowledge, capital, and strategy.

This guide will show how to launch, structure, and scale a successful import/export business in Nigeria (or from Nigeria), aimed at making serious income every single day.

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1. Understanding the Business Model

The import/export business works on the principle of demand and supply arbitrage.

Importing: You bring in goods from countries where they are produced at lower cost (e.g., China, India, Turkey) to Nigeria, where demand is high.

Exporting: You sell local Nigerian products (e.g., cocoa, sesame seeds, ginger, charcoal, cashew, palm oil) to foreign markets where demand and prices are higher.

The key is identifying profitable, in-demand products with healthy margins.

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2. Choosing a Niche

Start with one or two products. Your niche should depend on:

Market demand (locally or internationally)

Ease of sourcing or importing

Capital required

Customs regulations and tariffs

Profitable Import Ideas:

Electronics (phones, accessories)

Fashion (shoes, bags, clothes from Turkey or China)

Industrial equipment

Cars and auto parts

Profitable Export Ideas:

Agricultural produce (cashew, sesame, ginger, hibiscus)

Solid minerals (lead ore, zinc ore, lithium)

Processed foods (garri, palm oil, dried fish)

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3. Getting Started: Step-by-Step

Step 1: Register Your Business

CAC (Corporate Affairs Commission)

Export license from NEPC (if exporting)

Tax ID (TIN)

Step 2: Conduct Market Research

Who needs the product?

What’s the price range in both countries?

What are the shipping, customs, and logistics costs?

Step 3: Find Reliable Suppliers/Buyers

Import: Use platforms like Alibaba, Made-in-China, or work with agents in Turkey or China.

Export: Use NEPC resources, trade shows, B2B platforms like Tradekey, ExportHub, or even LinkedIn.

Step 4: Handle Logistics

Shipping and clearing agents

Warehousing

Customs documentation

NAFDAC/SonCAP certificates if required

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4. Cost and Profit Breakdown (Sample Scenario)

Let’s assume you’re importing 1,000 pieces of smartwatches from China at ₦10,000/unit, and reselling them at ₦18,000/unit.

Cost of Goods: ₦10,000 × 1,000 = ₦10,000,000

Shipping & Customs: ₦1,000,000

Total Cost: ₦11,000,000

Revenue: ₦18,000 × 1,000 = ₦18,000,000

Profit: ₦7,000,000

So with one container or air shipment, you’ve made ₦7 million, possibly in a few days. If you repeat this once per week or do multiple products, you could easily average ₦6 million daily over time.

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5. Scaling to ₦6,000,000 Per Day

To consistently make ₦6 million daily, you must scale operations:

A. Expand Product Lines

Import/export multiple items across niches. For example, import electronics while exporting cashew nuts.

B. Use Business-to-Business (B2B) Deals

Instead of selling to individuals, sell in bulk to wholesalers and businesses. This creates recurring orders and higher volume.

C. Leverage Logistics Partnerships

Partner with freight forwarders and clearing agents for lower shipping rates and faster delivery.

D. Build an Online Presence

Create a website, join trade platforms, use Instagram or WhatsApp for business. Local buyers and foreign importers often search online.

E. Use Trade Finance

Banks or private investors can finance your shipments once you build credibility and consistent trade volumes.

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6. Risks to Watch Out For

Like any big-money business, import/export has risks:

Scammers posing as buyers or suppliers

Currency fluctuations

Shipping delays or damages

Customs seizure due to incorrect documentation

Government policy changes

Mitigation involves working with trusted agents, using escrow payments, insuring shipments, and staying informed.

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7. Long-Term Strategy: Build a Brand or Trade Empire

If you want to move from a trader to a wealth creator, think big:

Launch your own brand of products

Build a warehouse/distribution network

Open international trade offices

Invest in local manufacturing for export

At that level, making ₦6 million or more per day becomes routine.

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Conclusion

The import/export business is a powerful way to create daily wealth — and even hit ambitious targets like ₦6 million or more per day. It doesn’t happen overnight, but with the right knowledge, consistent effort, and strategic scaling, it’s absolutely achievable.

Whether you start by importing small electronics or exporting agricultural produce, remember: the money is in movement, and in connecting the right markets.

If you’re serious, begin today. Research a product, find a supplier, and take the first step. Global trade rewards action — and you might just build a ₦billion business from one good trade.