dayokanu:

MSTom,

The money he made from the cab was what he invested in the trucks in Nigeria.

Are you trying to tell me he paid cash for the trucks from his cab driving? common on!. Anyone can get trailers with good credit. I know a nigerian who has 3 trucks here and uses it for his trucking biz here. He is yet to finish his payment on the trucks

Dayo, think about it well. Are you planning to going into the cabbie biz? Seems you are interested. Do a very good study b4 u venture into the biz. Ask other nigerians, pakistanis, and other africans in the biz. Nigerians will not tell you everything.

PS: There are other jobs/biz that bring in better money.

Nigerians in UK have their own cab companies and they know the city well. Dude they make money very well oo. I can guarantee that. They do make money. You folks are just haters. If they are scamming you'll complain, now they are driving cab you are still mocking them. Oboi!!! We are too impossible in Nigeria.

dayokanu:

He paid cash on these trucks. The trucks are like 1989-1990 model. The same money his cab driving mates were spraying on Wasiu and Obesere was the one he pooled together to buy the trucks

edoyad:

There's nothing wrong with driving a cab, my licensed aviator uncle drove a cab abroad for years and is now back home retired in jos with his wife after years of service.
Even Robert Deniro drove a cab while he was younger and even burst a prostitution ring while. . . . . .o wait, that was in a movie !

dayokanu:

I have heard rumours that Mike Adenuga drove cabs while in the US sef

ibabalol:

As the African adage goes it is the fly
that refuse to listen that follows the corpse
to the grave.
i have given a thousand and one reason
why this path is not the one to take
but some people think that i am being biased
to put the litmus paper to the test, whoever
thinks taxi driving in the US is a good way to go
should go ahead and try it for sometime and
come and give testimony.
this is my last post on this topic
y'all be good now.

dayokanu:

I have heard rumours that Mike Adenuga drove cabs while in the US sef

pafun:


I really don't see anything wrong in driving a cab as long as you know where you are going [don't mind my pun ] If you need some quick bread and you are young enough go for it, but don't make a career out of it. For me I think going to school at all would have been a complete waste if I still have to[b] be doing that crap after 40. Like they say , a fool at 40. . .[/b]

darren20:

, So much for a Nigerian mindset !,when has a driving a taxi become so profitable as to warrant a debate on nairaland? it shows how intelligent Nigerian minds are,Ever wonder why 98% could fail a National school certificate exam?,it's all about money isn't it?,terrible !,Until Nigerians began to change their mindsets, things ( corruption,419 etc) will always remain the way it is.''Adenuga only drove a taxi in the US during his university days to raise funds for his tuition fees''. Having a Phd or Master's degree while making a career out of taxi driving is a curse,Pls get your mindset clear.

Yoighaman:

@ Asha 80: Most eduacated nigerians are blinded by 'coporate work'.

If only we all could wake up to this reality.

Owning a house in the UK does not make you rich

Owning a house in the UK does not make you rich
The banks own the house until you finish paying off the mortgage,
Being very rich means that you don't necessarily have to work for anyone as people will be working for you.
If you get to a point where your money is working for you to a point where you don't have to go and drive a taxi cab, then you can be considered as very rich or very wealthy,

Working in the US or UK allows you to put money aside that can be used to build a house in Nigeria, this money is either from years of disciplined regular savings, or if you have a good credit rating you can get a loan from a bank or remortgage your house by securing money from the bank against your mortgaged house, this money can be used to build a house in Nigeria, this then gives the impression that as a Taxi driver abroad, you are rich, Remember that if you default on any loan or money secured on your house, your home is at risk, and your credit rating will be adversely affected.

Also don't forget the cost of living in these cities London, NewYork e.t.c can be quite expensive as you have to pay tax on almost everything, there is no getting out of paying your dues.

Afam:

The major reason why we have a lot of graduates roaming the streets in Nigeria looking for jobs is because a lot of Nigerians believe that white collar jobs are the way out and in the process ignore many small scale businesses they can get into even with very small amount of money.

The average bus driver in Lagos has built a house and those that are not very organize spend a lot of money on drinks, parties, women etc. And these bus drivers make sometimes more than 4 times what a typical banker makes and yet works at his own pace and can afford to take a day off unlike the office worker who can only do so when his/her boss says ok.

It seems that some of us are living in denial and find it supremely difficult to realize that those we look down upon may be earning what we may never be able to earn at the moment, this is understandable but will certainly not change the facts on ground.

You can make enough money by providing services to people around you and trust me in Nigeria every single problem is an opportunity to provide a solution and in the process make money.

The major reason why we have a lot of graduates roaming the streets in Nigeria looking for jobs is because a lot of Nigerians believe that white collar jobs are the way out and in the process ignore many small scale businesses they can get into even with very small amount of money.