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How to make money as a student in Nigeria

How to make money as a student in Nigeria

September 6, 2022

Making money as a student in Nigeria is now easier than ever. In this article, you’ll learn simple ways to make money legitimately as a student in Nigeria. Most of the ideas we will be discussing require little or no capital. 

Why Should You Make Money as a Student in Nigeria?

If you are a student in Nigeria and you don’t know how to make money for yourself, you may find things difficult. This is even more so if you don’t have wealthy parents. Learning to make money for yourself will go a long way to help you in your academic journey. Below are a few other reasons why you must learn to make money for yourself as a student in Nigeria. 

To meet your basic needs

Being a student in Nigeria comes with lots of financial responsibilities. Lecturers do everything they can to make money off you. Sometimes, you are forced into buying a textbook or manual, even if you have it already. When you learn to make money for yourself, you can meet your basic needs and other financial demands.  

To know the value of money

When you learn to work for money yourself rather than depend on your parents, you’ll value it more. You’ll also learn money management skills. This not only helps you to spend wisely, but it also helps you to identify better ways to make more money. 

For better academic performance

Research has shown that students who work while in school have better grades. The time management and organizational skills they learn as they try to balance academics and work go a long way to boost their academic performance.

It helps you to become responsible

Making money as a student does not start and end with eating and buying just what you desire. It also helps you become more responsible. You’ll learn to work hard and take more responsibility for your life. 

Presents you with more job opportunities

None of your achievements is wasted as a student working to earn some money. In the process of trying to make money for yourself, you’ll learn some valuable skills which can boost your resume. These skills may present you with job opportunities different from the course you studied.

To explore various career options

Being a working student affords you the opportunity to explore different career options. You can learn what you love and what you don’t in this process. With the experiences gained from working, you may be able to choose a path that fits you best after school.

How to Save money in Nigeria

Simple Ways to Make Money as a Student in Nigeria

The internet is filled with many options from which students can make money. However, not every opportunity may apply to students in Nigeria. Below are a few simple ways to make money as a Nigerian student. 

Freelance writing

The demand for writers continues to be on the increase. Companies and individuals want to talk about what they do or know. They need people to help them communicate this in the best possible manner. 

There are platforms that bring those who need writers and those who can offer writing services together. Some of these platforms include Fiverr, Upwork, and LinkedIn. If you are good at writing, you can create an account on these platforms, offering to write quality content for those who need them. 

flexjobs opening

As a freelance writer, you can work from anywhere. All you need is your PC or smartphone. When you deliver the jobs of your clients, you get paid. In most cases, you are paid in dollars. Not only is this a legitimate way of making money as a student in Nigeria, but it is also one of the easiest ways of earning in foreign currencies. 

Tutoring

Are there subjects you are particularly good at? If yes, then this is an opportunity for you to make some money. You can start teaching your classmates about these subjects. Also, you can organize tutorials for students in lower levels. 

With the opportunity the internet affords us, you can also teach online. You may be shocked to find out that a lot of people want to learn and are willing to pay for your knowledge. To retain your audience and get more people to pay you for what you know, you need to show expertise in what you teach. Sharing your knowledge in the form of tutoring is a legitimate way of earning money as a student.  

Becoming a graphic designer

Graphic designing is a way of using pictorial illustration to display information. People who do this are called graphic designers. Have you ever come across fliers, posters, book covers, or banners? These are done by graphic designers. They are used for advertising products or services or to create awareness. 

There is always a demand for skilled persons who can do good design. So, if you can learn the skill of graphic designing, you can offer that skill and get paid for your services. You can also offer your skill on freelance platforms like Fiverr or Upwork and get paid in dollars.

Selling digital products

Is there something you are good at? You can easily package it as a course or an eBook and sell it. Luckily, digital products do not need lots of capital to create. For example, with your smartphone alone, you can create an eBook. You can upload this eBook on a platform like selar.co and start selling it. 

To make lots of sales from your digital products, you need to have a large audience. You can learn how to grow your audience on WhatsApp here

Don’t create a product on something you do not know about. If you do, you’ll end up getting bad reviews. This will kill the trust your audience has for you, and you may never get them to trust you again. 

Affiliate marketing in Nigeria

Affiliate marketing is simply helping a company or an individual promote a product and earning a commission for every sale made. To earn from affiliate marketing, you need to first introduce the product to your audience. Next, you have to recommend and make them see the reasons why they need the product. You’ll only get paid when the buyer successfully makes a purchase of that product. 

Today in Nigeria, you can also affiliate digital products. You can affiliate a course or an eBook for a digital creator. When you sign up or show interest in affiliating a digital product, you’ll get a unique link that you can use to advertise that product. If anyone buys through that link, a commission is paid to you.  

Selling data and airtime

Data and airtime are no longer negotiable for users of mobile devices. People need them to stay connected online and to make calls. You can take advantage of this opportunity by starting a data and airtime selling business. You don’t need huge capital to get into this business. With as little as N5,000 you can start this business. You can learn how to go about it in this video

To Wrap Up

In this article, we’ve discussed a few ways you can make money as a student in Nigeria. The ideas shared are just a few out of the many possible ways to make money legitimately as a Nigerian student. 

Before getting into any of the aforementioned ways of making money discussed, make sure you learn how it works properly. You can go on YouTube to learn more about the ones you don’t understand. On a final note, ensure that the business or service you choose to do to make money does not affect your studies.

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