100 Best

Businesses to
Start Before
You Graduate

Omotere Tope
Omotere Adunola

Free Version
This is the online free edition of the book
100 Best Businesses to Start Before You
Graduate

Free Version:
Chapters One, Three, Four, Five, Six and Seven
are omitted. Large part of Chapter two is not
included. The introduction is removed.

Full Version:
All chapters including links to
important sites are included.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

The average Nigerian person has come to

reconcile himself with the fact that his or her
social progress remain essentially in his or her
hands in collaboration with other fellow
Nigerians and not merely relying on what
government alone could provide for him or her.
Ibrahim Babangida,
8th President of Nigeria.
August 27, 1985 August 27, 1993

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

DISCLAIMER
This information is not presented by professional financial advisors
and is for information purpose only. The content is not intended to be a
substitute for professional advice. The publisher does not guaranty the
profit potential of any campus business in this book. The Publisher will
not be responsible for any losses or damages of any kind incurred by
the reader whether directly or indirectly arising from the use of the
information found in this book.

COPYRIGHT
You do not have the right to modify the content, copy or reprint
this book. Any attempt to reproduce this book by any means
(photocopy or
storage in CDs) is prohibited.
ISBN : 9789784964029

Free Edition
2011 Tope Omotere and Adunola Omotere (Nee Shokunbi)
Published By:
EgoBooster Books, Ogun State, Nigeria.

E go Boo st er Bo ok s

www.omotere.tk
+234 807 744 7220, 08074472654
omoteretope@gmail.com

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

About Us

The founders of Ego Booster Books, Tope and Adunola Omotere

aim to educate campus students on how to start and run a
successful business before they graduate. They operate a chain
of small businesses including EgoBooster Cyber Caf, EgoBooster
Books, EgoBooster Research Centre, among others. They are
happily married with children.
Omotere Tope attended Adeniran Ogunsanya College of
Education, Otto-Ijanikin, Lagos from 2003 to 2006 (N.C.E. History
and Christian Religious Studies) and holds a B.A. Ed in History
and Diplomatic Studies from Tai Solarin University of Education,
Ijagun, Ijebu-Ode, Ogun State. He has undergone training at the
United States Institute of Peace (Online program) with Certificate
of Course Completion in Conflict Analysis.
Omotere Adunola (nee Shokunbi) attended Adeniran
Ogunsanya College of Education, Otto-Ijanikin, Lagos from 2003
to 2006 (N.C.E. in Primary Education Studies/Social Studies) and

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

holds a B.Ed in Childhood Education from Tai Solarin University of

Education, Ijagun, Ijebu-Ode, Ogun State, Nigeria.

DEDICATION

WE DEDICATE THIS BOOK TO THESE SCHOOLS

Tai Solarin University of Education, Ijagun, IjebuOde,

Ogun State, Nigeria.

Adeniran Ogunsanya College of Education,

Otto/Ijanikin, Lagos State, Nigeria

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

ACKNOWLEDGMENT
Our success hangs on God, our parents, our families, our
teachers, our friends and our critics. We thank you all. Best of all,
we thank you, our reader.

Temitope Festus, Omotere

Adunola Hannah, Omotere (Nee Shokunbi)
Founders, EgoBooster Books.
April, 2011.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

CONTENTS
Title Page
Disclaimer...iv
About the Authors.....v
Dedication...vi
Acknowledgment..vi
Foreword.xi
Preface
..xiii
List of Acronyms.xiv
Pictures/Graphs/Table.xvi
INTRODUCTION
WHY YOU NEED A BUSINESS OF YOUR OWN
High Grade is Not Enough 1
High Grade is Your Property.7
CHAPTER ONE
FROM CLASSROOM TO THE BUSINESS WORLD
How I Started My First Campus Business....13
Why My First Business Failed.19
The Art of the Come Back........24
CHAPTER TWO
100 BUSINESS OPPORTUNITIES FOR YOU TO START
Teaching [4 Business Ideas].31
Repairing [6 Business Ideas]35
Information [20 Business Ideas]..40
Internet [28 Business Ideas].....53
Food [20 Business Ideas]...71
Manufacturing [8 Business Ideas]...82
Fashion [6 Business Ideas]88
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

Real Estate [3 Business Ideas]..93

Games [3 Business Ideas]..97
Transportation [ 2 Business Ideas].100
CHAPTER THREE
GUIDE TO STARTING A PROFITABLE CAMPUS BUSINESS
How to Choose a Campus Business That Fits You....103
How to Brand Your Campus Business.....108
CHAPTER FOUR
HOW TO MAKE PROFIT FROM YOUR CAMPUS BUSINESS
12 Strategic Ways to Let Others Know What You Sell..
..111
CHAPTER FIVE
HOW TO GENERATE MORE SALES
8 Ways to Make Your Customers Come Back to You115
Cash Flow Management.........117
CHAPTER SIX
HOW TO RUN YOUR BUSINESS WITH ACADEMICS
Six Categories of Students on Campus...120
7 Ways to Graduate Big.....122
CHAPTER SEVEN
HOW TO FINANCE YOUR CAMPUS BUSINESS
13 Ways to Raise Money for Your Campus Business.128
POSTSCRIPT
THE FOUNDATIONS OF WEALTH CREATION
The Human and the Divine Factors....131

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

Endnotes..134
Oral Interviews...136
Biographies and Quotes138
Index.139

www.omotere.tk

FOREWORD
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

10

The essence of existence is to leave the world better than

we met it. The youth who comprise the bulk of Nigerian
undergraduates should strive to achieve this status of leaving
the world better than they met it. However, in an age dominated
by unbridled poverty, grave unemployment and dearth of
essential necessities of life, the youth are challenged in many
facets. At a time when the tuition fee is not forthcoming, books
are

not

at

affordable

prices,

skyrocketing,

adequate

feeding

cost
is

of
a

transportation
mirage,

cost

is
of

accommodation is high, health services is expensive, the

undergraduate that must swim to glory must be creative and
positive in leading a successful life.
This book, 100 Best Businesses to Start Before You
Graduate is about freeing oneself from the shackles of poverty,
intellectual bankruptcy, mediocrity, frustration and delusion. The
book instills confidence in the ability of the individual to solve his
financial problems without resorting to criminality. It reinforces
the innate ability to be creative and productive, rather than to be
idle and dependent.
The book is divided into seven main chapters which are
preceded by an introduction. This introduces the reader to why
one needs a business of his or her own while pursuing high grade
simultaneously. Chapter one centres on the experience of the
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

11

authors in the business world as undergraduates. This chapter

must be read by any undergraduate intending to start a business
no matter the scale. Chapter two is a graphic illustration of about
100 business opportunities which students can do while on
campus. Chapters three and four are useful guide to starting a
profitable campus business. Chapters five and six discuss the
salient points on marketing strategies and how to combine
academics with business. The last chapter introduces the reader
to legal ways by which start-up money could be raised for
campus business.
Ajetunmobi, R.O. (PhD)
Associate Professor of History,
Department of History and Diplomatic Studies,
Tai Solarin University of Education, Ijagun.
Ijebu-Ode, Ogun State.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

12

PREFACE
From its conception in 2004, EgoBooster has not deviated
from its mandate of youth empowerment. 100 Best Businesses
to Start Before You Graduate was written in line with this
mandate. The book, as the title suggests, targets students in the
universities,

polytechnics,

colleges

of

education

and

monotechnics. However, unemployed graduates will find the

book most valuable because they have more time to leverage
upon in building their business than the undergraduate who
shuffles his/her time between lectures and business.
This book is a product of six years research and practice.
The authors relied heavily on personal experiences, interviews,
field trips, and market surveys conducted in over fourteen higher
institutions in Nigeria. In order to complement and refine these
primary sources, the authors consulted books specifically written
by entrepreneurs such as Andrew Griffits, Robert Kiyosaki and
Donald Trump. Works produced by great men of God on business
strategies such as those of Bishop David Oyedepo, Pastor
Mathew Ashimolowo, Pastor Sam Adeyemi, etc., were largely
accessed to improve upon the quality of this work.
The authors hope that this book will contribute to the
ongoing reforms by the Federal Government of Nigeria towards
self employment.
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

13

EgoBooster Books, 2011.

LIST OF ACRONYMS
AOCOED

Adeniran Ogunsanya College of Education

CAC

Corporate Affairs Commission

CEO

Chief Executive Officer

CGPA

Cumulative Grade Point Average

CV

Curriculum Vitae

DVD

Digital Video Disc

ETF

Educational Tax Fund

GPA

Grade Point Average

GSM

Global System for Mobile Communications

HOD

Head of Department

HTML Hyper Text Markup Language

JAMB

Joint Admission Matriculation Board

MFB

Micro Finance Bank

NAFDAC

National Agency for Food and Drugs Administration

and
Control
NCE

Nigerian Certificate in Education

NGO

Non Governmental Organization

NUC

National University Commission

NYSC

National Youth Service Corps

OAU

Obafemi Awolowo University

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

14

OOU

Olabisi Onabanjo University

PDF

Portable Document Format

PHCN

Power Holding Company of Nigeria

ROI

Return on Investment

SAN

Senior Advocate of Nigeria

SBA

Small Business Administration

SMS

Short Message Service

SUG

Student Union Government

SWOT

Strengths, Weaknesses, Opportunities and

Threats
TASCE

Tai Solarin College of Education

TASUED

Tai Solarin University of Education

UK

United Kingdom

UI

University of Ibadan

UNIBEN

University of Benin

UNILAG

University of Lagos

USA

United States of America

PICTURES, GRAPHS AND TABLE

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

15

1. Picture 1: First edition of EgoBooster Magazine, p 17

2. Picture 2: Second edition of EgoBooster magazine, p 21
(included)
3. Picture 3: Third edition of EgoBooster Magazine, p 22
4. Graph 1: What Users do on the Internet, p 53
5. Graph 2: How many millions of users worldwide on a
daily basis? p 54
6. Table 1: Six Categories of Students on Campus, pp 120121

Free Version:
Chapters One, Three, Four, Five, Six and Seven are omitted.
Large part of Chapter two is not included. The introduction is
removed.

Full Version:
Contains complete book.

At the beginning of the scheme, students

protested at the commencement of the
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

16

compulsory National Service, they saw it as a

waste of time, after all, jobs were waiting for
them the very next day they finished their final
year degree examination, but today the story is
differentthe high rate of unemployment
among corp[s] members post service is
threatening the existence of the scheme.
Brig. Gen. M.S. Tsiga,
The Director General, National Youth Service Corps (NYSC).
Source: The Guardian, Tuesday, February 9, 2010. P 37.

CHAPTER TWO
100 BUSINESS OPPORTUNITIES FOR YOU TO START
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

17

All students have a sense of entrepreneurship, but

many don't have the drive to start and run a
successful business.
- Omotere Tope

Note:
$0.0

Capital information for the various campus businesses in this book.

Represents zero capital investment

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

18

$10 $50

Represents low capital investment

$50 $200

Represents medium capital investment

$200 - $500

Represents high capital investment

*There is no guarantee for profit potential of any campus

business in this book

TEACHING
(FOUR BUSINESS IDEAS)
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

19

1. Business Name: Computer Tutor

Overview of Campus Business: Computer knowledge is in high demand.
Basic desktop publishing lessons will make a good start.
Skills Needed: Your ability to teach what you know. Make your lesson logical
by taking your students from simple to complex.
Cost of Starting the Business: Low Capital. You can purchase a
fairly used computer, small Tiger generator and some desktop
publishing textbooks. Your hostel will make a good office.
2. Business Name: Evening Lesson
Overview of Campus Business: Pupils in primary school needs
your service. Their parents will be glad if you organize evening lesson
for them.
Skills Needed: Your ability to mobilize up to thirty pupils for evening
lesson. Teaching skill is another requirement.
Cost of Starting the Business: Low Capital. Buy chairs, chalkboard
and create some Adverts.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

20

3. Business Name: Music Tutor

Overview of Campus Business: Students are eager to train their
voices and learn how to play musical instruments. Teaching them twice
in a week will earn you some money. Dont be surprised if churches
pay you to teach their members.
Skills Needed: Your ability to play guitar, piano, drum set and other
musical instruments. Again, you must know how to teach others.
Cost of Starting the Business: Medium Capital. You can purchase
fairly used musical instruments.
4. Business Name: Tutorial Centre
Overview of Campus Business: How brilliant are you? Over one
million students seek for admission into higher institutions in Nigeria
every year. Get a place in your area and start a tutorial .
Skills Needed: Must be a brilliant student or preferably, you can
employ brilliant students in your campus to teach the students.
Cost of Starting the Business: High Capital. Cost of buying
books, paying rent, furniture, registration of your centre, employees,
etc, must be taking into consideration.

"I am a woman who came from the cotton

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

21

fields of the South. From there I was promoted to the

washtub. From there I was promoted to the cook kitchen.
And from there I promoted myself into the business of
manufacturing hair goods and preparations...I have built
my own factory on my own ground."
- Madam C.J. Walker,
This America's first black female millionaire was born
Sarah Breedlove on December 23, 1867 on a Delta, Louisiana plantation.
As a daughter of former slaves, she transformed herself from an uneducated
farm labourer and laundress into one of the twentieth century's most
successful, self-made women entrepreneur. Orphaned at age seven, she often
said, "I got my start by giving myself a start." She and her older sister,
Louvenia, survived by working in the cotton fields of Delta and nearby
Vicksburg, Mississippi. She later created a popular line of African-American
hair care products and thus became America's first black female millionaire.

REPARING
2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

22

(FIVE BUSINESS IDEAS)

5. Business Name: Generator Repairer

Overview of Campus Business: Tap from this huge generator business. The
mammy markets, offices, homes and even students depend on generator for
survival. These generators need to be serviced monthly which requires an expert.
Be the expert.
Skills Needed: Ability to repair and service generators. You can register with
local mechanics to learn this.
Cost of Starting the Business: Low Capital. You need to pay your local teacher
for registration and also buy some mechanical tools.
6. Business Name: Computer Repairer
Overview of Campus Business: Computer repairers are in high demand. Large
offices, schools, computer centres, etc, needs this service on a daily basis. You can
do this business either on a part time basis or on full time.
Skills Needed: Ability to repair and service computers. You need to learn this by
registering in a computer school.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

23

Cost of Starting the Business: Medium Capital. Make sure you have a
permanent office where people can bring their computers for repair.
7. Business Name: Motorcycle Repairer
Overview of Campus Business: Okada business, as popularly called keeps
growing bigger everyday. Okada mechanics are in high demand. Getting a busy
location to start this business is vital. Referrals from your customers will increase
sales.
Skills Needed: Ability to repair and service motorcycles. You can register with
local mechanics to learn this.
Cost of Starting the Business: Low Capital
8. Business Name: Phone Repairer
Overview of Campus Business: Ninety seven percent of students use mobile
phones. Most of them will need to upload games, music, configure for free
internet browsing, or repair their phones.
Skills Needed: Ability to render the above services. You can register with those
who have the knowledge. Updating yourself on online forums like facebook is an
advantage.
Cost of Starting the Business: Low Capital
9. Business Name: Photocopy Machine Repairer

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

24

Overview of Campus Business: Specialists are needed to repair photocopy

machines. Sharp, Toshiba and Minota specialists are in high demand on
campuses.
Skills Needed: Ability to repair photocopy machine. You can register with master
repairers to learn this.
Cost of Starting the Business: Low Capital. This will cover learning cost,
printing of business cards and purchase of major tools
10. Business Name: General Electronic Services
Overview of Campus Business: Fairly used television sets, DVDs, radio, etc, are
what students pride on. These electronic goods will continuously need to be
repaired by specialists. The average Nigerian sees this repairer as a radionic.
Skills Needed: Ability to repair and service electronic goods. You can register
with local radionics to learn this.
Cost of Starting the Business: Low Capital. This will cover learning cost and
purchase of major tools

Don't bring your need to the marketplace,

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

25

bring your skill.

Jim Rohn
A millionaire, entrepreneur and businessman devoted to
helping others. Jim Rohn has been hailed as one of the most
influential thinkers of our time. Born September 17, 1930, Rohn began
his early adulthood without acclaim, leaving college after his first year, starting a
family, and trying to get by as best he could as a salaried worker. By age 25
(according to his accounts), he was in a personal rut familiar to many middle-class
families whom were in debt, unable to see a way that would lead to his personal
ambitions. Around this time, he was introduced to John Earl Shoaff, an
entrepreneur who impressed him with his wealth and lifestyle. Rohn joined
Shoaff's direct sales organization, and began a process of personal development
that culminated in his becoming
a millionaire by age 31. Today, he has addressed over 6,000
audiences and 4 million people worldwide.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

26

INFORMATION
(TWENTY BUSINESS IDEAS)

11. Business Name: Mini Cyber Cafe

Overview of Campus Business: Students value their grades and browse a lot to
get information for their assignments and projects. Opening a mini cyber caf
inside the school is therefore a wise business move.
Skills Needed: Management is everything.
Cost of Starting the Business: High Capital. You need computers (at least five),
LaserJet printer, shop (get a small office around the school area), Broadband
Modem (starcomms, multilinks, IPNX or other networks), generator, furniture,
networking and wiring.
12. Business Name: Online Researcher
Overview of Campus Business: Surfing the web for rare information demands
some special skills. Students will pay you as a specialist on online research.
Skills Needed: Ability to convince your customers with your work.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

27

Cost of Starting the Business: Medium Capital. This will be used for buying one
computer, starcomms or multilinks phone, 3-in-1 DeskJet printer, small Tiger
generator and a small office.
13. Business Name: Project Researcher
Overview of Campus Business: Project writing is a serious task. Branding
yourself as a project specialist will drive students and lecturers to bring business
for you.
Skills Needed: Your main job is to source for relevant materials on the internet
and libraries for your customers.
Cost of Starting the Business: Low Capital. Printing of business cards, leaflets
and posters for advertisement. Having a computer will cost you more but is an
added advantage.
14. Business Name: Typist
Overview of Campus Business: Typing is done throughout the semester.
Students always type something. Lecturers too are in need of good and fast typist
for their researches. Providing this service will make you thousands every week.
Skills Needed: Ability to type very fast (you can hire a fast typist).
Cost of Starting the Business: Medium Capital. You need computer (one for a
start), printer, generator and a shop around the campus.
15. Business Name: Graphic Design

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28

Overview of Campus Business: Magazines, posters, handbills, leaflets, business

cards, letter heads, etc needs a graphic touch to make them presentable. Providing
this service is not limited to the campus setting but also, to the general public. Big
companies do hire talented graphic artists to create a new logo or design their
newsletter layout.
Skills Needed: Ability to use Corel Draw and PageMaker packages for graphic
designs and magazine layouts. You can register to learn this from a computer
school.
Cost of Starting the Business: Medium Capital. You need to buy a computer
(Pentium 4, 3GHz, 1Gb, Ram 120Gb,), a scanner, two printers (one LaserJet and
one coloured printer), generator and rent a strategically located office.
16. Business Name: Bulk Photocopy
Overview of Campus Business: Photocopy of a single handout into many copies
is called bulk photocopy (by students). This service is always needed especially
when you make ally with lecturers or class governors.
Skills Needed: Good health. It is stressful.
Cost of Starting the Business: Medium Capital. Start with a good digital
photocopy machine and a big generator. Getting a shop will increase your sales.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

29

17. Business Name: Publishing e-Books

Overview of Campus Business: Hot online business. Specializing on a niche is
vital to publishing an e-book. The benefit of this business is that it can generate
other businesses for you both offline and online.
Skills Needed: Writing and marketing skills.
Cost of Starting the Business: Low Capital (Zero capital)
18. Business Name: Publishing eZines
Overview of Campus Business: This is another online business that demands
some little e-commerce knowledge from you. Getting those that will pay for your
ezines is hard. But when you provide factual and rare information, people will pay
for it. Adverts will also increase your income.
Skills Needed: Ability to research and write logically.
Cost of Starting the Business: Medium Capital. You need a computer, 1x
starcomms or multilinks phone, 3-in-1 DeskJet printer (for scanning and printing),
and small Tiger generator. You need to create a free blog or have your website
created.
19. Business Name: Online Referral Business
Overview of Campus Business: Online referral business is real. However,
Nigerian students are yet to benefit from major online referral programs. If you
are good in creating a software or certain online program, you can start your

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

30

online referral program. Those who cannot create products/software can search
for online referral programs that work.
Skills Needed: Marketing skills.
Cost of Starting the Business: Low Capital
20. Business Name: Customized School Calendar
Overview of Campus Business: Students are always proud of being in school.
Tap from their social ego to make ends meet. Take permission from the school
students union body or the University Student Affairs Department. Be smart with
the SUG as they can hijack this from you to launch as their annual project. Hire a
photographer to take beautiful pictures of the school buildings, field, rare objects,
etc. Take them to a graphic artist to design attractive two-page calendar for you.
Go to other schools and do the same. Build a brand through school calendar
business.
Skills Needed: Negotiation and marketing skills.
Cost of Starting the Business: Medium Capital.
21. Business Name: Writing How To Manuals
Overview of Campus Business: Information is needed to survive in this age.
Writing How To manuals will launch you as an information broker. Teaching
people how to do something such as cooking a particular continental soup,
learning a new language, etc, will sell.
Skills Needed: Ability to write logically and market what you wrote.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

31

Cost of Starting the Business: Low Capital. This will cover printing cost (few
copies), advertisement and other minor expenses. The pages should not be more
than 42 and must contain some pictures to sustain your readers interest.
22. Business Name: Campus Magazine
Overview of Campus Business: Your targets are students. They buy magazines
that deal with romance, entertainment, money and sports. It demands a lot from
you.
Skills Needed: Good health is first. Then, your ability to construct good questions
for interview, read wide, raise capital for subsequent editions and marketing the
magazine will help you succeed in this business.
Cost of Starting the Business: Medium Capital. Having your own computer is
an added advantage.
23. Business Name: Writing Children Books
Overview of Campus Business: Everyday couples create new business when
they give birth to new babies. As the children grow, their basic needs expand. One
of such needs is learning. When you write children books, the market is always
there. Yours is to find a niche in that market. Write short fables (a collection of
which are many on the internet), simple biographies, national histories etc.
Skills Needed: Writing skills and ability to market your book.
Cost of Starting the Business: Medium Capital.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

32

Contact

Contact

08077447220
08074472654

08077447220
08074472654

omoteretope@gmail.c
om

omoteretope@gmail.c
om

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Chapters One, Three, Four, Five, Six and Seven are omitted.
Large part of Chapter two is not included. The introduction is
removed.

Full Version:
Contains complete book.

2011 Omotere Tope & Omotere Adunola. All rights reserved worldwide.

34