A mini-plastic recycling business collects waste plastics, processes them into pellets or new products, and sells to manufacturers. It’s eco-friendly and increasingly profitable in Nigerian cities.

2. Market Opportunity

• Target customers: Local manufacturers, construction firms, artisans.
• Trend: Rising plastic waste awareness, demand for recycled materials.
• Competition: Moderate, mostly small-scale operations.

3. Startup Cost Breakdown (₦)

4. How to Earn ₦100k Monthly

• Process ~50 kg of plastic weekly, sell at ₦5,000/kg
• Weekly revenue: 50 × ₦5,000 = ₦250,000
• Monthly revenue: ₦250,000 × 4 = ₦1,000,000
• Subtract small overhead (~₦900,000) → Net Profit: ₦100,000/month
• Marketing: Partner with waste collectors, advertise recycled products.

5. Profit Projection

• Startup recovery: 1st month
• Monthly net profit: ₦100,000
• ROI: 400–500% within the first month.

6. Challenges & Tips

• Challenge: Inconsistent plastic supply → Partner with local collectors.
• Tip: Diversify into recycled products like mats or bricks for higher profit.

7. Feasibility Verdict

Medium – Low startup, moderate demand, requires consistent plastic sourcing.

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