₦airaland Forum

Review of The Income Analysis
Invest in Trucking

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233
https://www.nairaland.com/1226046/make-n200000plus-week-haulage-garnite/2

Review of The Income Analysis
Invest in Trucking

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233
https://www.nairaland.com/1226046/make-n200000plus-week-haulage-garnite/2

Review of The Income Analysis
Invest in Trucking

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233
https://www.nairaland.com/1226046/make-n200000plus-week-haulage-garnite/2

Review of The Income Analysis

A dump truck is expected to go at least a trip(traffic) of dispatching Granite to Lagos from Ibadan, Abeokuta or from Ijebu, basically due to road work going on Lagos - Ibadan expressway.

Cost of Truck
Used =N14,000,000
New = N27,000,000

Insurance Comprehensive plan is 5-6% per annum

Hence:
*For Used @average of 5.5% = N770,000 + N14,000,000=N14,770,000

*For New @average of 5.5% = N1,485,000 + N27,000,000 =N28,485,000

Per trip for Used Truck, the truck is paid between N60,000 – N80,000

Running cost per trip is around N20,000 - N35,000(include Driver's wages & Daily Ticketing)

Projected profit per trip in average= N50,000

N50,000 per trip x 6trips per week N300,000 per week

N300,000 x 4 weeks = N1,200,000 per month
This is monthly income within Abeokuta - Lagos

Yearly income = N1,200,000 x12= N14,400,000

Less 35%
Depreciation/Maintenance = N5,040,000

Annual Net Income=N14,400,000 - N5,040,000 =N9,360,000

Input in same in New trucks, the only difference is 15% Depreciation/Maintenance.

it is expected that profit target for used truck after 2years while new is 3years. The maintenance culture will increse by 10% after this years.

For more information contact us
+2348055545355, +2348032887233

How much outright purchase?

They should be ashamed to be present on the road they are protecting, because the FG is no making the road friendly for motorists. They are only Road Hushpuppi.

You can count on us.

megacontrol:
I am the SELLER (not agent)... asking how much percentage should be paid to agent that brings buyer and how much to pay to lawyer for sorting paperwork.

Same apply

megacontrol:
Hello all,

If I am selling a property in the region of 40-45m, what % is practical and reasonable to pay as agency fees and also legal fees?

I know most times they request 5% or 10% each but people end up paying them much less depending on property value, so as a SELLER what % should i bargain for?

What is the realistic, reasonable and practical percentage to pay each of those professionals? What's obtainable out there?

Thanks

My opinion collect N1m frm both seller & buyer.

uruba23:
By God's grace you do find her.

Amen to that.

Anybody with rightful information of her whereabout pls help, Dead or Alive.

uruba23:
Well if you last lose her contact in Lekki contact the Nigeria police intelligence response team they can triangulate her location even if her SIM is changed...

Applied your advice today waiting the phone is still not in use all tru today but under surveillance.

Thanks God bless.

Beframia:
Hello Professionals in the house,
I have just commenced a 4-bedroom bungalow project, the blinding has just been done today (see attached pic), I don't intend to do a German floor because the land is not swampy and the builder advised that a thin water-proof membrane should just be laid on the foundation blocks after filling the hollows with concrete.
My concerns are:
1. Can pillars still be erected at some specific corners of the house considering the fact that blinding has already been done?
2. If the answer to 1 above is yes, what are the rod sizes/quantities and other materials needed for this (for five pillars) and what's the estimated labour costs?
Thanks.

More safe post ur building plan to introduce the columns point, you will need more than 5, 1length of 16mm iron rod to a Pillar.most time i advice why not prepare the structure for the future, reason your children may decide to want to do decking to raise building up in future.

princemiah:
called him and we will be meeting tonight

Any update?

yinkaoke:
Good day my wonderful ogas.
Please see both sands attached, those r d two plaster sand pictures l could get.

Please which of them is best. I am very concerned about d Outlook of my project as l would not paint for a long time.

Please help me get the best of plaster sand colour to show the supplier as my demand

I need my project player finishing to be white and smooth without breaks.

I will really be grateful. Project at lkorodu

Thanks for the quick response

use one sample you get a uniform colour, using different sand will give your coke & fanta colour.

uruba23:
Well if you last lose her contact in Lekki contact the Nigeria police intelligence response team they can triangulate her location even if her SIM is changed...

Wisdom i think this is a good idea. i am working on it.

Thanks

andyanders:
Check her service provider to check her last calls or other calls within the period she got missing. This u must do through the police by reporting to the police, who will go with the report to the service provider.

God will see you through and keep her safe. Or, have you made report to the police? This you supposed to have done after 24 hrs. Why late?

We have done that but the contract of the number that call over 50time is not going tru. close friends where interrogated but no trace to them.

Darkharvest:
Where was she last seen?

Lekki axis before we could not locate her whereabout.

Any useful information about her will be compensated.

Any useful information will be compensated.

princemiah:
called him and we will be meeting tonight

Good best of luck.

Ayemileto:
Lol.

Who noticed OP refused to share pictures of the other side of the road that most cars are passing?

Going by the picture shared by OP, Every reasonable person will know that the road in the picture is under construction, and only people in a hurry are passing that lane since the other lane Is congested.

OP is a propagandists, telling half truths just for cheap likes.

receive sense

ILoveDemMANNA:
u must be very blind for all d major construction on roads going on all around the country, especially in d east. if u want to criticize, do so with sense. stop wailing foolishly

be like say u smoke fuel abi, do u ply the road at all...

You are protecting them, is worst than this, our government is just too wicked.

Goodcare:
God will bring u back in Jesus name

Amen

If plate number is not seen is not easy to identify the owner, her mother is ill over her missing child.

The bearer whose picture & name appears on this topic is missing over 3weeks now, her where about is unknown dead or alive, anybody with rightful information should please communicate with me on 08055545355.

Name: Aminat ummi Abba
aka Minat
Graduate ABU, Zaria

Thanks.
cc: Seun
lalasticlala
lawyer
Mynd44