Every day, offices in Nigeria generate tons of paper waste—from printed documents, packaging materials, to old files and newspapers. Most offices simply throw these away or sell them cheaply to informal waste collectors.

This is where the office waste paper collection business comes in. By establishing a small-scale collection and resale service, you can turn discarded paper into cash while helping companies maintain cleaner offices and reduce environmental waste.

This business is ideal for entrepreneurs with minimal capital who want steady monthly income. With proper planning, a small team, and good marketing, you can earn ₦150,000–₦200,000 monthly.

2. Market Opportunity

• Target customers: Offices, banks, schools, hospitals, printing companies.
• Trend: Increasing awareness of recycling and corporate social responsibility.
• Competition: Low to moderate; most collection is informal and unorganized.
• Growth potential: High. You can expand to multiple neighborhoods or cities and even supply collected paper to industrial recyclers or packaging companies.

Many offices are willing to pay for a regular waste collection service that keeps their environment tidy. By offering reliability and convenience, you gain long-term clients.

3. Startup Cost Breakdown (₦)

Tip: Start small with a single motorbike and a few collection points. You can scale later.

4. How to Earn ₦150,000 Monthly

The business model is simple: collect waste paper and sell to recycling companies or paper mills.

1. Pricing:
   • Charge offices a monthly fee of ₦5,000–₦10,000 per office, depending on volume.
   • Sell collected paper at ₦300–₦400 per kg to recycling companies.
2. Customer acquisition:
   • Start with 10 offices × ₦5,000/month = ₦50,000
   • Additional resale revenue: 200 kg/month × ₦300 = ₦60,000
   • Total monthly revenue: ₦110,000–₦150,000
3. Scaling:
   • Increase number of offices served or expand into new neighborhoods.
   • Offer premium service (sorting, shredding, confidential document disposal).

5. Step-by-Step Business Guide

1. Survey your area: Identify offices generating high paper waste.
2. Secure agreements: Offer contracts for weekly or biweekly pickup.
3. Set up collection: Equip team with gloves, collection bags, and transport.
4. Storage & sorting: Store paper properly; separate newspaper, office documents, and cardboard for maximum resale value.
5. Sell to recyclers: Partner with paper mills or industrial recyclers for bulk sales.
6. Maintain records: Track clients, weight collected, and payments for efficient operations.

6. Challenges & Tips

Challenges:

• Irregular office supply during holidays
• Handling confidential documents responsibly
• Transport logistics and fuel costs

Tips:

• Offer shredding or secure disposal for sensitive documents
• Schedule pickups consistently to build trust
• Negotiate better resale rates with multiple recycling companies

7. Profit Projection

With additional clients and increased volume, net profit can rise to ₦200,000+ per month.

8. Feasibility Verdict

Feasibility: High

• Very low startup cost
• Consistent demand in urban areas
• Easy to scale and operate with a small team

9. Conclusion

Office waste paper collection is a hidden yet highly profitable business in Nigeria. By offering reliability, structured service, and partnerships with recyclers, you can generate ₦150,000–₦200,000 monthly with minimal startup capital.

This business not only provides a steady income but also contributes to environmental sustainability, making it both profitable and socially responsible.

The post Offices Throw This Away Daily — But It Pays ₦150k Monthly first appeared on GOOD NEWS NIGERIA.

1. Overview

Banana fiber craft business involves transforming banana stems into high-value products like mats, bags, baskets, and decorative items. With Nigeria’s growing eco-conscious market, this green business is gaining traction. Low-cost inputs and creative designs make it a practical income stream for artisans.

2. Market Opportunity

• Target customers: Eco-friendly shops, interior decorators, craft markets, online marketplaces.
• Trend: Rising demand for sustainable products and handmade decor in cities like Lagos, Abuja, and Port Harcourt.
• Competition: Low – most banana fiber crafts are imported or handmade on small scale.

3. Startup Cost Breakdown (₦)

4. How to Earn ₦150k Monthly

• Produce 50 small baskets or mats weekly.
• Average selling price: ₦1,500 per item.
• Weekly revenue: 50 × ₦1,500 = ₦75,000
• Monthly revenue: ₦75,000 × 4 = ₦300,000
• Subtract materials & overhead (~₦150,000/month) → Net Profit: ₦150,000/month
• Marketing: Social media (Instagram, TikTok), craft fairs, B2B bulk orders.

5. Profit Projection

• Startup recovery: 1st month if demand is strong.
• Monthly net profit: ₦150,000
• ROI: ~430% after first month.

6. Challenges & Tips

• Challenge: Irregular supply of banana stems → Build relationships with farmers.
• Challenge: Limited market awareness → Focus on social media storytelling.
• Tip: Create signature designs to command higher prices.

7. Feasibility Verdict

High – Low startup cost, rising eco-trend, scalable production.

The post Banana Fiber Craft Business – Eco-goldmine from Waste first appeared on GOOD NEWS NIGERIA.