As electricity issues persist, solar-powered phone chargers are in demand. Assembling them locally is cost-effective and increasingly popular.

2. Market Opportunity

• Target customers: Students, mobile users, offices, and local markets.
• Trend: Renewable energy adoption is rising in urban and semi-urban areas.
• Competition: Low, niche market with room for innovation.

3. Startup Cost Breakdown (₦)

4. How to Earn ₦150k Monthly

• Assemble 50 units/month, sell at ₦3,000/unit
• Monthly revenue: 50 × ₦3,000 = ₦150,000
• Subtract materials (~₦105,000) → Net Profit: ₦45,000/month initially
• Scale: Buy in bulk → earn ₦100k+/month
• Marketing: Social media, markets, partnerships with phone repair shops.

5. Profit Projection

• Startup recovery: 1–2 months
• Monthly net profit: ₦45k–₦100k
• ROI: 43–95% after first month.

6. Challenges & Tips

• Challenge: Sourcing reliable solar panels → Buy from reputable distributors.
• Tip: Offer mobile repair shops commission-based sales partnerships.

7. Feasibility Verdict

Medium – Low to medium demand, needs some technical skill.

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