Financing Quarry Business In Nigeria

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The basic raw material for the quarry business (deposits of stone) is freely available and other necessary inputs like explosives, gas and lubricants can easily be obtained locally. 4. The cost of the inputs is low vis-à-vis the value of output and will remain unchanged, other things being equal, in the medium term.

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In Nigeria, it is illegal to run a business without registering it with the appropriate authorities. For a quarry, it is even more important because the government has special interest in the exploration of natural resources.