The bakery business (bread) is one of the lucrative businesses in Nigeria as bread is widely consumed in Nigeria. In fact, bread is the third staple food in Nigeria. There is virtually no household in Nigeria where bread is not consumed and in some families, bread is their main food.
Lagos State is the highest bread consumer in Nigeria as about 10 million loaves of bread are consumed in Lagos State every day.
It will interest you to know that in Nigeria’s bread sector, small-scale bakers dominate the market. According to a KPMG report in 2016, “Nigeria’s bread sub-sector is growing at a faster pace, with 72 percent of the $621 million industry dominated by small- and medium-scale bakers”.
It’s a business you can start from your home and focusing on special bread. Special bread-like fish bread, coconut bread, butter bread, sandwich bread, chocolate bread, walnut bread, honey Sand bread, soft cheese, and Pepperoni Bread just to mention a few.
It is a business you can start on a small scale. With N500,000 to cover the oven cost and generating set, you can start from your home and package it in a very nice way. If you have N5,000,000 to start, that is still considered a small scale but it will give you a lot of leverage and power.
The equipment you will need to start big or small is flour/dough mixer, dough cutter / Divider, bakery oven, baking pans, bread slicer, working table, weigh scale, and other accessories.
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