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Things to Know Before Establishing Photography Business

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photography in Lagos

By Adedapo Adesanya 

Starting a photography business is a risky but it is a very profitable venture. However, it is very important to understand some of the key things before deciding what you want or how you want the business to be structured.

Like any business, the practitioner must have a deep interest for the profession. An inherent interest in the creative process of taking photographs will help in the overall success of the business.

In this part of the world, photography is mostly learned through apprenticeship by gaining experience from an established professional to know the rudiments of the game. After completion of the informal training, the next step is always to set up a studio, which involves capital.

Capital is the money used to start the business. In this case, the funds to get the necessary equipment would be put into consideration when planning to establish a photo studio.

Other fixed costs to consider would include rent (if the photographer chooses to get a studio) and other miscellaneous items. According to some practitioners who spoke with Business Post during a research into this topic, a new photographer who wants a standard studio can start with a budget of N3.5 million. However, you can start with a lower budget of about N500,000 to N1 million, depending on the tools and cost of rent.

Now the breakdown of this budget

Equipment and Estimated Costs

Photography is an expensive business because it involves a lot of technological hardware and software which are costly. Equipment comes in two varieties; hardware (physical) and software. Some of the major hardware components need in photography are:

Two cameras: From N150,000 to N1.5 million or more.

Multiple lenses: Prices range from N40,000 to N350,000.

Two flashes: N15,000 to N100,000 each.

Multiple memory cards: From N2,000 to N15,000 each

Two external hard drives: From N10,000 to N45,000 or more, depending on the size (it is advisable to keep one backup off-site)

Computer or laptop with sufficient memory: From N75,000 to N720,000, depending on the type, size, quality and make.

A studio: The cost of renting a place for studio solely depends on location and the size. The studio has to be painted to make it attractive to customers. Also, the necessary lightening tools have to be put in place like the LED lights & Strobes, tripod stand, wireless triggers, props, prime lenses, zoom lenses, Photoflex reflector.

For the Software: This includes Adobe Lightroom, Adobe Photoshop, Corel Paintshop, PortraitPro, GIMP amongst others.

Note: These are not all software for photography and are subject to the preference and versatility of the photographer. They can be purchased from computer stores.

Some Business Opportunities in Photography

Photographers can find employment in a number of places. Either as a self-employed individual or an organisation attachment. The creative outlet is needed mostly in every human endeavour, including at

Ceremonies: weddings, anniversaries, and celebrations.

Stock photography.

Contract photography.

Commercial photography.

Media photography.

Celebrity photography/Paparazzi.

Possible Challenges to face in the Photography Business:

Like a host of other businesses, here are likely challenges that a would-be photographer could face:

Funds – This is regarded as the biggest challenge to the business of photography, new models of equipment are released regularly and with this comes a high cost. With a constant supply of income, a photography business will thrive.

Clients – Photography is a competitive business. Finding clients to patronise the establishment may be a challenge. Even when the photographer finds one, some are likely not to pay for services offered.

Competition – There are a lot of photographers. It is then crucial to build a network of people which services are rendered effectively and efficiently.

Infrastructure Deficiency – Electricity, among other basic infrastructural necessities, is sometimes lacking and this poses a great challenged to a digitally driven business such as photography.

Finally, it is advisable for the photographer to register the business. This is done by the Corporate Affairs Commission (CAC) in Nigeria. Whether it is a remote or established business, it is very important. This allows the business open a bank account and file tax returns plus other benefits.

There are some persons in Nigeria who have become icon in the photography business, including TY Bello (former President Goodluck Jonathan photographer), Kelechi Amadi-Obi, Bayo Omoboriowo (President Muhammadu Buhari photographer), amongst others.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Nigeria Customs Destroys N181m PMS Smuggling Network in Adamawa

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petroleum products

By Adedapo Adesanya

The Nigeria Customs Service has uncovered a major petroleum smuggling network in Adamawa State, cutting off fuel supply lines that have been draining national revenue and strengthening criminal economies along Nigeria’s northern borders.

National Coordinator of Operation Whirlwind, ACG Kolapo Oladeji, disclosed that officers recorded 55 seizures in eight weeks, blocking the illegal movement of more than 184,000 litres of PMS, a development he described as a significant economic breakthrough for the country.

“This operation is about protecting Nigeria’s strategic resources,” Mr Oladeji told journalists on Thursday at the Customs House in Yola. “Our mandate is clear: to shut down all illegal supply chains that empower criminal elements.”

The seizures, valued at N181.6 million in duty-paid terms, were intercepted across notorious smuggling corridors including Mubi–Sahuda, Farang–Belel, Gurin–Fufore, Maiha, Wuro-Bokki, Ribado waterways, Muninga and Bakin Kogi.

According to Mr Oladeji, items recovered include 2,642 jerrycans of 25-litre PMS, several 220-litre drums, and two large wooden boats used to ferry petroleum products across the border.

He stressed that the illegal PMS diversion is not just an economic crime but a direct threat to national stability.

“The smuggling network is a grave threat to Nigeria’s economy and internal security,” he said. “The illegal diversion of PMS weakens our revenue base and directly fuels non-state actors and cross-border criminal syndicates.”

Mr Oladeji added that intensified surveillance under Operation Whirlwind has “made it extremely difficult for saboteurs to move PMS out of the country,” in line with the directives of Comptroller-General Adewale Adeniyi.

Commending residents of border communities for supporting the operation with credible intelligence, the Customs chief urged them to remain vigilant.

“Your timely information has been invaluable,” he said. “Security is a collective responsibility, when you see something, say something.”

He also acknowledged the media’s role in raising awareness about the economic and security implications of petroleum smuggling, describing public enlightenment as crucial in sustaining recent gains.

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Ekpo Laments Slow Progress in Decade of Gas Initiative

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Decade of Gas Initiative

By Adedapo Adesanya

The Minister of State for Petroleum Resources, Mr Ekperikpe Ekpo, has expressed his frustration towards the partial progress in Nigeria’s flagship Decade of Gas Initiative, advocating that it must now be aggressively accelerated.

Launched by the late former President Muhammadu Buhari in 2021, the scheme is a national policy drive declaring 2021–2030 as the country’s “Decade of Gas.” with the goal of transforming Nigeria from an oil-dependent economy into a gas-powered industrial nation, using its vast natural gas reserves (one of the largest in Africa) for economic growth.

However,  speaking recently at the 14th Practical Nigerian Content (PNC) Forum in Yenagoa, Mr Ekpo said the policy has delivered some gains in LPG penetration, CNG rollout, and gas commercialisation, but “not at the scale Nigeria urgently requires.”

“We have made progress, but not enough,” the minister admitted. “The pace has been slower than expected, and we must move with far greater urgency.”

He cited persistent infrastructure gaps, gas supply volatility, funding constraints, and delayed policy execution as major setbacks.

“Critical pipelines are behind schedule. Feedstock shortages still hamper power and industries,” he said. “These challenges have limited the full realisation of the Decade of Gas vision.”

The minister, however, outlined a renewed push to accelerate delivery through tighter regulatory coordination and investment incentives.

“We are strengthening inter-agency alignment to remove approval bottlenecks,” Ekpo said. “The PIA gives us the fiscal tools to unlock more capital into midstream and domestic gas programmes.”

He noted measurable progress in domestic LPG consumption, clean cooking expansion, and flare gas commercialisation, calling them “strong foundations that must now be scaled up.”

“Our goal remains clear: affordable gas for power, households, industries and transport,” he said. “We are not abandoning the Decade of Gas; we are intensifying it.”

Mr Ekpo said the government will prioritise early delivery of key projects such as OB3, AKK, NLNG Train 7, Brass Fertiliser, and several gas-based industrial hubs.

“These projects will determine whether the Decade of Gas becomes a transformative legacy or a missed opportunity,” he warned.

The minister urged industry players, financiers and host communities to recommit to the national gas agenda.

“We need every stakeholder on board,” he said. “Nigeria cannot afford to slow down at a time when global markets are shifting and opportunities are emerging.”

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Power Supply Returns as Ikeja Electric Fixes Powerline Jumper Cut Issue

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Ikeja Electric Disconnect Electricity Supply1

By Adedapo Adesanya

Electricity supply was restored to residents of some parts of Lagos on Wednesday morning following a blackout spurred by a jumper cut that occurred in the Powerline area of Mosan-Okunola Local Council Development Area (LCDA) late on Monday.

The Ikeja Electricity Distribution Company (IKEDC) had announced a power outage in parts of its franchise, affecting the Ogba, Ikeja, and Alausa axis of Lagos on Tuesday.

In a message to customers, the DisCo said the power outage was due to a jumper cut at the Transmission Company of Nigeria’s (TCN) injection substation (ISS).

A jumper cut is an electrical fault that occurs when a jumper cable is damaged, disconnected, or intentionally severed.

The DisCo said the TCN’s technical team was already working to resolve the issue.

“Dear Customer, the current power outage is due to a 132kV jumper cut at the TCN Injection Substation (ISS),” the message read.

“The TCN technical team is already working to clear the fault to ensure supply is restored as soon as possible.”

Mr Kingsley Okotie, spokesperson of Ikeja DisCo, had also clarified that the power outage did not affect the entire franchise area of the company.

“It doesn’t totally affect the whole of our franchise. The message was sent to only customers in areas affected,” he said.

“We are still working to resolve the issues; that’s where we are at the moment.”

Our correspondent, who witnessed the development, reported that the jumper cut occurred around 11 pm on Monday, December 8, when a large spark occurred at the structure, leading to an immediate seizure of power supply. There was yet another minimal spark, but power was restored afterwards, likely from a back up source.

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