I visited nigerian few months ago and notice the many business opportunities potential in the country so I am looking into trying out okada or the yellow tricycle, bus, or car taxi business investment. Before diving into it, would like to research and get some info on how profitable the business is / sourcing the transport and the legal stuff.

1. Is the business profitable and how much do the drivers make a day for bus, okada, car taxi, yellow tricycle.
2. Is it better to do hire purchase or rent the transport to a driver for certain months.
3. Should the transport be bought second or new.
4. Does the driver and owner need a driver to draw up agreement for both parties.

Hello, transport business is really profitable but can be problematic if your not driving the car yourself, except your lucky to have someone with the fear of God. Inview of this, your best bet is the hire purchase option and you need to have a contract duely signed by both parties. In this type of business, you have to very firm and adhere strictly to the terms and conditions. Incase you interested, I wouldn't mind discussing extensively with you for a hire purchase business opportunity with a Bus, in which I would love to use in running and executive shuttle service for people living and working on the island.
You can send me an email via : doseni@yahoo.com
Thanks

ibl0010:
I visited nigerian few months ago and notice the many business opportunities potential in the country so I am looking into trying out okada or the yellow tricycle, bus, or car taxi business investment. Before diving into it, would like to research and get some info on how profitable the business is / sourcing the transport and the legal stuff.

1. Is the business profitable and how much do the drivers make a day for bus, okada, car taxi, yellow tricycle.
2. Is it better to do hire purchase or rent the transport to a driver for certain months.
3. Should the transport be bought second or new.
4. Does the driver and owner need a driver to draw up agreement for both parties.

I'll advise you to go for tricycle (keke marwa) business if you want to make your money with ease.
The factors mentioned below must be considered to back up my analysis:
1. Keke marwa (yellow tricycle) doesn't ply the main road therefore free from vatal accident.
2. Because of its short and neighborhood trip, no problem of 'agbero'/NURTW issue.
3. It's very easy to monitor since it works in the neighborhood..
4. It's economical ( easy to maintain and saves fuel consumption)
5. It builds to carry 4 passengers, therefore ability to make money is certain etc

doseni:
Hello, transport business is really profitable but can be problematic if your not driving the car yourself, except your lucky to have someone with the fear of God. Inview of this, your best bet is the hire purchase option and you need to have a contract duely signed by both parties. In this type of business, you have to very firm and adhere strictly to the terms and conditions. Incase you interested, I wouldn't mind discussing extensively with you for a hire purchase business opportunity with a Bus, in which I would love to use in running and executive shuttle service for people living and working on the island.
You can send me an email via : doseni@yahoo.com
Thanks

Hello, I would like to discuss with you on this, I have send you an email..

hello fellow nairalander

i urgent need investors or loan for a keke marwa(tricycle) business in benin

contacts me for terms and conditions,i will apprecaite if anyone responds

thanks

08131002551(text message only cos i am hearing impaired)

email:victorugheghe@gmail.com

@enoma,
Do visit angelstartups.com.ng to meet investors.