₦airaland Forum

How can Davido amass $15M? The chances are very slim.

How much does he earn from Music?

How much does the young man get from Endorsement deals?

Does he own any business within or Outside Nigeria?

And don't tell me his father is rich. He's not involved in the family business and he has older siblings too. So for now he's not in control of his father's wealth.

My Conclusion, Davido can not afford $15M

julietromeo:
Boss I hope you are not on the fence already? Or you don finally jump to the other side.

I'm sitting somewhere just between the fence and the other side...

The reason according to them in 2017.

"Decreasing the fares should get more people requesting more rides with Uber, which leads to drivers spending more time with paying riders and standing a chance to earn the same or more!"

Are we earning same or more in 2019?

The beginning of the problem....

And we haven't recovered till this moment. We are only "Suffering and Smiling"

" high quality ride for the same price as small chops "

pope191:

Well! I think its better, I have done airport to lekki on uber 2500 including toll... But lately taxify have been so bad and their fare is not stable, they frustrated me yesterday. I got a 1.4 surge from Jacob & Mew estate, while positioning in railway compound, raider was going to Ikeja... I rush down and beat all traffic just because of the surge, only to get to destination to see 1700 naira. As if that wasn't enough got a trip to Berger from their and I spent 1hr on the dot on that trip, only to see 1000, while my fuel has already blink empty. I have been swearing for dem since yesterday.


Note: I think island fare is not the same as mainland, just thinking... I did admiralty way from farmcity to the end of admiralty way with a stop ard forte oil 1200 naira, the raider called after alighting to confam price again.

2,500 from Airport to Lekki...

julietromeo:
You don't understand. Toll is not part of the fare. You borrowed your rider and he or she paid you back. Its not part of your earning.

Correct...

iyaegin:
How do you calculate your own toll fee as a debit when you will surely get it back abi na you dey pay for toll gate again

The point here is without the toll, rider will have paid N3,100

The devil is in the details.

National Stadium Surulere to Redeemed Camp is the same distance as MM2 to Lekki Phase 1.


Will you accept N2,635 from National Stadium Surulere to RCCG Camp?

E hailing business with their "Suffering and Smiling" fares.

After driving for 40KM and 1hour in this Lagos. MM2 to Lekki Phase 1.


Fare (Taxify ) 3,500

Less toll fees ( Airport and Lekki ) 400

Less commission 465

Actual income earned N2,635

How then do we factor in cost of fuel, wear and tear etc.

E hailing fares are just ridiculous.

For how long will my people continue with this?

No comment...

The Honda Civic is ideal for the business and it has very good fuel economy.

With N800,000 you will get a Civic in good shape.

The car will be certified and checked by a competent mechanic before purchase.

I always go for a car that has only been used for a few months here in Nigeria.

The Custom Papers usually will reveal when the car was shipped into Nigeria.

Hire Purchase Value N1,500,000

Initial deposit of N200,000

Then the driver will repay N1,300,000 over a period of 13 months .

The driver will pay 25,000 weekly. N100,000 every month for 13 months.

Over time I have come to realise that you can start small and expand with time.

I have come up with a strategy. You can start with exactly N1,000,000 and make good profit.

Here is the Case Study.

Car Purchase (Honda Civic 2003 model Naija Used). 800,000

Pre Purchase Inspection.. 20,000

Vehicle Registration/ Change of Ownership.. 45,000

Comprehensive Insurance ... 30,000

Car tracker and installation.. 40,000

Miscellaneous expenses... 65,000

Total.. 1,000,000

Ok

Your piggy bank savings are kept in a bank. And all banks are insured by NDIC

oxbowlake:
E no get price?

I wonder o... Why post an incomplete advert

adaweezy:
Pen cinema bridge is just years old na haba..

Trumpet bridge in Osun stay took 7 years na

Lagos Government embarked on the project in 2017.
Hitech Promised to complete the project in December 2018.

We can never compare Lagos to Osun State. There's no basis to compare.

bendike:
Bro. The man only in 4 years carried out heavy infrastructural projects and would have consolidated in the 2nd term.
The street lightening alone changed the face of nightlife in Lagos increasing safety and business. Check out Lagos abeokuta express way. Or is it the airport road, the bus terminals including oshodi and numerous others. The LRU. Curtaining the excesses of lasma and others. The sore point was waste management which he tried to reorganize but was overwhelmed.
I still am of the opinion the guy did very well.

I still disagree.

Lagos is still very dark at night.

There's nothing impressive about Lagos Abeokuta Expressway. Its still in a mess in my opinion.

Any Governor can award a road contract, make payment and the construction company will swing into action. Its no big deal.

Thumbs up for LRU... Noted...

Think twice about the Lastma issue. Its one of the reasons why there's so much Lawlessness on our Roads now.

Check out The trucks on Western Avenue. Lastma can clear those guys in 3 days if we have a Governor that means business...

Ambodes greatest mistake. He tried to out perform Fashola.


In June 2015, Gvernor Akinwunmi Ambode of Lagos State sacked 76 Managing Directors, General Managers and all heads of Government Parastatals and Agencies as he dissolves all boards of parastatals in the State.


Unnecessary competition... Now we can see the result.

bendike:
Ambode remains the best governor Lagos ever had aside jakande.

I disagree...

KENZINCO:
Exactly. The environmental issue is the only minus his administration is currently having . I hops they address it very soon.
This Visionscape people are not doing very well
Let the PSP come back

Are you sure that is the only minus??

Traffic management is Lagos nose dived during Ambodes Tenure.

Then Okada (Bikes) are back. Increased lawlessness on the streets of Lagos.

How about our Roads. Lagos roads are in a complete mess.

How about slow construction, A bridge in Lagos has been under construction for years. Pen Cinema in Agege.

Forget it, I'm not Impressed with Ambode...

WizKid is not a household name in the US for now. So Mr Teriba has a point.

Welcome development

okeyumez:
Hope he will make HEAVEN

How are you so sure Heaven exists? Have you been there or do you have evidence?

Okay o. We are watching...

Let's be objective, the system is very effective. Whoever introduced the idea deserves a National award.

Its a combination of practical business training and funding at the end of the training period. Its brilliant.

@manchy7531, I appreciate your post and the video is really positive, however your message is quite interesting.

Every tribe is more of a blessing.

We need to take a chill pill concerning this "tribal stuff"

In Nigeria, every tribe is special, every tribe is blessed.

Transportation is good business anytime any day, if you know how to run it properly.

The market is always there , people must move around. Its a basic need.

I have a thread here on Nairaland about how to invest in Uber and Taxify business and reduce risk with the hire purchase option.

Check it out:

https://www.nairaland.com/5121652/wish-invest-uber-taxify-business

ahmedshehu:
Please can you give a practical example as well as challenges and tips for the hire purchase

For this business I strongly recommend the following:

Toyota Corolla 2003-2006 model

Honda Civic 2003- 2006 model..

ahmedshehu:
Please can you give a practical example as well as challenges and tips for the hire purchase

For this business I strongly recommend the following:

Toyota Corolla 2003-2006 model

Honda Civic 2003- 2006 model

Don't know what to say....