Good day people, me and my wife decided to move back to Nigeria next year ending or so and we are looking to invest in some lucrative businesses in lagos, I'm a Nigerian my wife isn't we are actually looking into three businesses to invest in and one of them is commercial transport business. We are about to purchase about 10-15 Vw transporter vans, is there still a good driver in lagos, is it possible for me to have a loading garage of my own? (of course I will do that necessary thing with the government and other bodies dealing with commercial transportation in lagos) please give me an insight

Commercial transport with the danfo buses. Very lucrative business but the human factor is a major challenge.

Good drives are almost non existent.

The guys on the streets are a big headache.(Agberos)

The guys in uniform even worse (Lastma, Police, Vio etc).

Though the business is lucrative these 3 factors above are likely to ruin the business unless you know how to handle them.

How can you handle them? Are you one of them?
Can you engage in physical combat? If you have the spirit then go ahead.
If not just forget it.

Now transport is a big industry and there are other viable options.

If you are the educated and polished type of individual why not consider:

Car Hire /cab service
Bus Hire Service. Coaster and Hiace buses

These options are equally viable with huge demand. Also it's easier to manage the process and you can monitor the business.

The demand for Coaster buses alone is huge. People charter buses daily for various events and so on.

Wish you luck

Fetnet:
Good day people, me and my wife decided to move back to Nigeria next year ending or so and we are looking to invest in some lucrative businesses in lagos, I'm a Nigerian my wife isn't we are actually looking into three businesses to invest in and one of them is commercial transport business. We are about to purchase about 10-15 Vw transporter vans, is there still a good driver in lagos, is it possible for me to have a loading garage of my own? (of course I will do that necessary thing with the government and other bodies dealing with commercial transportation in lagos) please give me an insight

fastest way to enter debt. Jus look for another business.

I had it in mind to Start too but I was discouraged by someone who is a guru in the business. If you can't drive the bus yourself, just forget it.

My friend in turkey bought 8 okada's, there is no one Left.

[quote author=Fetnet post=50809694]Good day people, me and my wife decided to move back to Nigeria next year ending or so and we are looking to invest in some lucrative businesses in lagos, I'm a Nigerian my wife isn't we are ates looking into three businesses to invest in and one of them is transport. ort. We are about to purchase about 10-15 Vw transporter vans, is there still a good driver in lagos, is it possible for me to have a loading garage of my own? (of course I will do that necessary thing with the government and other bodies dealing with commercial transportation in lagos) please give me an insight [/quote
Call08023701151&lets discuss.dont let anybody discurage you.Lagos state is trying to work on new transportation to replace danfo and re-orientate the conductors/drivers as wellbas introduce graduates to the opportunity availsble..true that there are bad examples sorry my touch screen is going crazym

FreeWorld23:
fastest way to enter debt. Jus look for another business.

I had it in mind to Start too but I was discouraged by someone who is a guru in the business. If you can't drive the bus yourself, just forget it.

My friend in turkey bought 8 okada's, there is no one Left.

forget it there should be a way of handling the business,we can't say because of the bad side of the business we should forget about it.i have a Dream,i believe in this line of business.and I'll be fulfilled doing it

pls from my little experience, I will advice you to try inter-state transport business but Toyota buses are better cos of maintenance. However, agriculture business may be an alternative. u can mail me onsoaringgbeny@yahoo.com.

@Fetnet, from experience, Transportation business is quite challenging, but highly profitable. The only way you can succeed in this business is by attaching yourself to an existing successful transport operator or/alternatively, going solo (INTER-STATE TRANSPORTATION). As a RULE, you must monitor your business daily (money wise). Additionally, if you have the financial might, buy or lease at least a plot of land in a zone with high travel traffic.....comprehensive insurance is paramount and a few other steps must be followed to be successful....if you can take these steps, you will surely break even. There is really nothing to fear.......MOST IMPORTANTLY: Trust no one. Always TRIPLE CHECK and VET continuously. SHINE YOUR EYES WELL WELL....also, if you have to buy a Volkswagen vehicle, make sure the price is worth it ooooo! Maintenance is key to making money. Again, you will have to get your hands dirty @ work!

If you need more advise, feel free to send a mail to me (oreolu1@gmaildotcom)

commercial transport business is highly profitable if it is managed properly.The most disadvantage in this business is human factor but if this is well checked through selection of responsible and obedient drivers,it effects can be reduced.For convenient interstate Transport,toyota hiace buses are the best in Nigeria,from my own view.you can consult successful transport companies for more advice.

Okeytus:
commercial transport business is highly profitable if it is managed properly.The most disadvantage in this business is human factor but if this is well checked through selection of responsible and obedient drivers,it effects can be reduced.For convenient interstate Transport,toyota hiace buses are the best in Nigeria,from my own view.you can consult successful transport companies for more advice.

. Well said

Lucrative and profitable business but 99% of drivers are crazy. That is what I am into for about 7years now but mine is inter- state. You can reach me on 07062707991 to give you clue.