₦airaland Forum

dgitrader:
Op, I doubt you have done bolt/uber before or for long. Experienced drivers go just dey laugh this thread.

You analysis of cost per km doesn't apply.

Bolt/uber is a premium service! Primed for time and cost efficiency based on the technology application. No wakajugbe movements, limited taxes, etc.

On Each day, one Surge trip, on a generous client, with good distance and time, throws all your considerations out of the equation. You can't compare both.

Under good management, especially owner-driver instances, both are highly profitable, that is what matters. Don't drink panadol for stomach ache.

Those things you mentioned are subject to chance and randomness. And I don’t factor those things for baseline calculations. They exist, yes undeniably. But under normal conditions, it’s good to have a standard minimum measurement from which you can plan. The real issue is that knowing your numbers helps you move from being a freelancer to a real business owner for both keke and uber

Many drivers finish work and only look at total money collected.

But after fuel, platform commission, car wash, data, repairs, engine oil, tyres, hire purchase, parking, and small-small expenses… the real question is:

How much did you actually take home?

DriverProfit Calculator — a simple free tool for e-hailing drivers in Nigeria.

You can use it to calculate:

✅ Your net profit per trip
✅ Fuel cost based on distance
✅ Platform commission
✅ Maintenance and daily expenses
✅ How much you are really making per hour
✅ Whether the day was profitable or not

This is not for office people. It is made for drivers who are on the road every day and want to stop guessing their profit.

Whether you drive on Uber, Bolt, inDrive, or you do private trips, you can use it to track your real earnings.

Before you say “I made ₦40k today”, check if it is really ₦40k after expenses.

driver-profit-five[dot]vercel[dot]app

It is free.

icjunior:
OP, are you a data analyst?

I like your thought processes.

I no be data analyst lol... I just like to caculate dollars....

but seriously sha -- I like doing calculation to know profit

GloriousGbola:
until you ACTUALLY operate a keke, you are just capping. this is what nigerians do all the time - compare one system to another without having an actual understanding

what are the operational costs of keke?
how many agbero do you pay every day?
how much servicing does it require?
what are the realistic daily returns?
what happens when it is raining?
what are the grades of keke?

Thank God I did not actually compare with all other things and factors . I was talking about unit economics. The per kilometer revenue. Definitely other factors are part of it. They have other changing variables daily.

This is the reason why transportation is almost like freelance business because many drivers across the sector —from okada to bus to keke to uber to interstate drivers don’t sit down and run their unit numbers

Is that keke driver making more per trip than the uber/bolt/indrive driver?

Mathematicians in the house… Oya carry biro

I entered keke from Berger to Akute the other day. ₦400 per head, four passengers. I brought out my phone and started calculating. By the time we reached the first stop I began to question life choices.


The keke — Berger to Akute, 4.6km

Worst case: no stops, park ticket don swallow one seat, net fare = ₦1,200
Best case: two stops, extra pickups after ticket, net fare = ₦1,600

Fuel. Keke does about 22km per litre. For 4.6km:
4.6 ÷ 22 × ₦1,310 = ₦274

Worst case:
Net fare: ₦1,200
Fuel: − ₦274
Maintenance (₦15/km): − ₦69
─────────────────────────────
Take-home: ₦857
Per kilometre: ₦186*****

Best case:
Net fare: ₦1,600
Fuel: − ₦274
Maintenance (₦15/km): − ₦69
─────────────────────────────
Take-home: ₦1,257
Per kilometre: ₦273*****

Okay. ₦186 to ₦273 per kilometre. Keep that range in your head. This is for the KEKE

Now my actual Bolt trip — Magodo Phase 1 to Denro, 7km

This happened. Fare was ₦3,500. AC was on because Lagos and because the passenger will review you.

Fuel. Corolla does 11km/L normally. AC drops that to about 9.35km/L in Lagos traffic. For 7km:
7 ÷ 9.35 × ₦1,310 = ₦981

Fare: ₦3,500
Bolt 25%: − ₦875
Fuel (AC on): − ₦981
Maintenance (₦20/km): − ₦140
─────────────────────────────
Take-home: ₦1,504
Per kilometre: ₦215 ******

Now look at this table.

Keke worst case: ₦186/km
Bolt AC on: ₦215/km ← you
Keke best case: ₦273/km

Your Bolt trip sits right in the middle of the keke range.

A fully loaded keke on a good run — where passengers enter and enter and enter — is beating you. A half-empty keke is behind you. The entire difference between you and that keke driver is **two passengers.**

He doesn't have Bolt's 25%. He doesn't have your fuel efficiency problem. He has no AC to run. What he has is a park ticket, an agbero, and the mercy of God that his seats stay full.

What you have is a ₦3,500 fare that looks fine on the Bolt app until you carry biro.

And we haven't even talked about hire purchase yet. Whatever you pay daily to own that Corolla — ₦20k, ₦35k, ₦50k — that number leaves your pocket before you make a single kobo for yourself. Keke man has no HP(hire-purchase). Or maybe he does. That makes the stress for two.

I'm not saying sell your car. I'm saying many of us on these apps are looking at gross earnings and feeling okay without ever knowing our real number per kilometre after everything has gone.

The keke driver doesn't have an app showing him encouraging statistics. He just counts what enters his hand at the end of the day.

what does your actual per kilometre look like after fuel, platform cut, maintenance and HP? Drop your numbers — let's calculate together.