What is Lagos Ride?

It is NOT an empowerment scheme, but a deliberate advanced slavery scheme.

THREAD!!!

1. Each applicant "driver" will have to pay a non-refundable 17k to pre-qualify..

2. If the driver passes the prequalification stage, the driver will have to pay the sum of N1,845,500 which is to cover 20% cost of the vehicle, registration and insurance, advance rent payment, first aid kit, e-taxi licence and training.

3. Driver will remit 8,709 daily and compulsory.

4. Driver will still pay 25% of each trip like the normal uber commission.

5. Number 3 and 4 will continue without any hitch for 4 years and the car becomes driver's own.

6. Driver will fuel the car on his own.

7. Ibile holdings will handle servicing and maintenance through GAC motor
The above is just summary of the scheme.

Questions are as follows:�

1. If I am a driver and I have 1.8m, will I be fool enough to go and subject myself to all the above or get a good Toyota car of my own and register with already available e-hailing platforms?

2. If 1.8m is just 20% of the vehicle, that means the actual cost o the car is 9m even even if it's more than brand new who cares?

3. Please multiply 8,709 daily by 365 days. This means in a year, the driver would have paid 3,178,785. Now multiply just 3m by 4 years and it follows that the driver would have paid 12m and worked for 4 years to own the car. Now, the car cost 9m and you will pay 12m over 4 years.

4. If the e-hailing platform charges between 10% and 25% commission,why can't the scheme that is claiming empowerment not charge below the 10% at least?

5. The 25% commission itself will also affect the driver's ability to read the daily remittance of 8,709.

6. With the above, can one consider the scheme empowerment or slavery?

7. In my honest opinion, I will prefer to do nothing than enslave myself with the arrangement even if I don't have an option. Do you also know that if in the course of working under the platform, there is high possibility that the car will be withdrawn from driver in the event not meeting the remittance repeatedly for whatever reasons even if genuine?

So after two years or so of labour the car can be taken away from you & if you go to the court the main contract terms and conditions will be read to the driver and will be all efforts wasted. Sad that some drivers won't read the contract word for word and even some that will do will still accept because they just want to start hustling as the saying goes.

Cre: MFr

https://twitter.com/Imudia_se2/status/1496141513264357386?t=CBmNpEuscQj020Otf3WrxA&s=08

Previous thread https://www.nairaland.com/6997064/lasg-unveils-lagos-ride-scheme

A very hard sell this will be and yet another reason why the government should face governance and leave the business for business people.

Even Nigeria herself is a slave

[img]https://media1./images/fc000ba0b39c56c1480f00d9a5793b1c/tenor.gif?itemid=4874046[/img]

here we go

No nao.

This is 21st century slavery.

Okay

Ok

Bros stop pitying this people..Yoi are just wasting your precious time...they are the ones that voted the leaders into power and will still vote them again tomorrow in exchange for their destinies.

Sounds like a scam

The application fee alone will ve used to scam thousands
They can easily make 2 to 300m naira from non refundable application scam

A well branded ponzi with govt backup

APC is the party if slavery

[img]https://media./images/eaded1e027943854c55d46eb9fc1acad/tenor.gif[/img]

It was too good to be true. Verdict; DOA

Super story. Nigerians will always complain

OMO

Okay nah

Na waooooh

What is true is that its not forced on anyone...

The terms are clearly outlined...
If you are okay with it ...take it

If you are not leave it...

It's a new car for 9M ......

You did not tell us who will be paying for the cost of maintaining the car..

Expected to work for 10-15 years even with our bad maintenance culture...

Nawao

Do they have the spread to feed the drivers with clients that would pay up the daily charges if they want to start at such high standard?

If Uber and bolt decide to do a one week discount to shake them, can the drivers withstand the shock?

The car being branded automatically secludes them to just the app rather than tapping into the spread of uber and bolt as Uber and bolt dont use branded cars.

The company needs to re-strategise properly as only well grounded companies with ultra large spread come up with such stringent factors. Other wise it might join its ancestors in no time.

free strategy advice: it could be the official taxi for lagos state govt workers, while the Govt cuts down on purchase, fueling and maintenance of vehicles alongside employment of drivers, it pays the lagos ride since there is a track record of approved trips and trackings. The drivers in turn are put on stipend by ibile holdings while a major bulk of there earnings go to installmental purchase of the car.
- Thereby, Lagos state wins on cost cutting drastically.
- Ibile wins on a selected monopoly market.
- The drivers win on eased higher purchase with a niche market.

lalasticlala:


https://twitter.com/Imudia_se2/status/1496141513264357386?t=CBmNpEuscQj020Otf3WrxA&s=08

Previous thread https://www.nairaland.com/6997064/lasg-unveils-lagos-ride-scheme

thanks boss for d break down.

this government is nothing but a money grabbing sickness.

zombies will still praise the e taxi

lalasticlala:


https://twitter.com/Imudia_se2/status/1496141513264357386?t=CBmNpEuscQj020Otf3WrxA&s=08

Previous thread https://www.nairaland.com/6997064/lasg-unveils-lagos-ride-scheme

Madness dey worry them it's like taking a loan to pay in 4 year's imagine 4m remitting 8k everyday what a nonsense

It's not a white collar job
So I believe these potential driver are not worried

Terms and conditions

Apply when it favour you

I can’t even apply if a scheme will
Not benefit me hire purchase are always difficult

Men clothing payment on delivery

LILTJAY:
Igbos with jealousy. .
Castrated people

Otaigbe isn't an igbo name.

Revlation:
People should learn to appreciate good things

My brother, please go over the guy's analysis. It's not everything that is politics