₦airaland Forum

Pearl1910:
What are the returns like? Rate and ROI please

ARM is like 8.02% annually. Stanbic too.

GeneralZodd:
I am on a mission, N10,000,000 before the end of 2022 I withdraw all my money and buy 5 solid cars and put them on them Ehailing and become a fleet owner

You are missing at least 250,- 300,000. If you were on a money market fund.

GeneralZodd:
if u have a solid strategy, that figure is achievable monthly: my bank statement for year is already looking very fat. Waiting for December sales so that I can grow it further.

You and I know this account balance is not a statement. It's still part of the half truths I was talking about.
Moreover, who puts bulk cash in a savings account dese days, why shortchanging urself.
Try money market funds.

mejai:
No mind bolt. I don understand them with that level. They want us to be outside, at least, at all at all, commission go reach Dem.

As long as they keep spinning this half-truth, more people will keep on boarding e.g the Sienna guy.

Johnchrix:
You hardly get rides back to back in pH.. every bolt driver is complaining of low fairs, excessive bonus to riders, 400# 200# trips. U can Park for 2 hrs without getting a trip.. shit, I quit.. comming back to Eko..no place like home.

VERY true. Welcome back. Don't be deceived by the name. Unemployment rates r very high in the south south. The most prosperous region in Nigeria is the South West.

After Lagos, Ibadan is the next financial hub.

@ obinoral.
What I'm saying is most debtors don't have empathy. That money given to a prospective borrower is someone's deposit.

I mean a lot of people borrow for just anything. One of my former colleagues took a loan then based on salary account in 2014. 750k or thereabout, you know that's a lot of money in 2014.

You know what he did with d money? He got a bigger apartment n upgraded furniture n all.
I'm not sure the debt was paid.

So any bank must be really sure you are credit worthy before they give you a loan.

Felicity001:
Guy stop all these your literate and lingual analytical behavior and pray not to encounter problem or find yourself in dare need or desperation because by then you would understand say English no dey solve problem but money does.

Where were you when I was in dare need of that same 100k? Why didn't you dial your GT code or assist from your savings?

You're here talking down someone's business like you have a better and easy offer for prospective people.

Do you have an idea how much those loan app charges at all? No matter what you can't even get a 100k loan from any of them for the 1st time so what's the need collecting a money that won't solve your problem in the 1st place? As far as I know that guy has a good offer only that the terms and maybe if I have to add, it's business location will scare customers away because many people don't have good collateral and no one wants more trouble than they already had.

So stop speaking English instead talk from life experience.

The class room is different from the field.

We don't pray for problems that will make us borrow. However, the bolded shows you have an overbloated sense of entitlement.

What's wrong with you.? You think you are d only person with probs. Grow up.

obinoral1179:
GT are the most useless Bank I have, though I'm still using them[b] but you can't get a loan from them if you are not a salary earner [/b]except if you have a good current account.

VERY good bank. The problem is the attitude of Nigerians. A lot of people have no honour. They don't honour agreements. If one takes a loan, one must do everything to make sure the loan is repayed.

deedee44:
I think it's still okay.
If I understand the post correctly, you can borrow 100k today and pay back tomorrow with interest of just N600 so the longer it takes to repay the higher the interest. Besides it's not everybody that qualifies for GT loan and many of those that qualify won't get up to 100k

Who borrows to repay next day?. From his analogy. At least 22 working days. That's 13,200 on just ₦100,000. Haba now. In a year that's over ₦150,000 interest on just ₦100,000.

As per GT, it's your cash flow that determines your loan. If I need 500k from them, na just to dial code. But what for, when I could actually save up.

The most important aspect of a loan r d terms.
Which biz will pay interest of over 13% MONTHLY. Even the banks regarded as shylock won't ask more than 20-22% yearly.

Easylion3569:
My girlfriend last saw her menstration last month, its been 30 days and 4 day since she last saw it.. So i was wondering why, and i had to visit a chemist who gave me a pregnancy test tools called 'accuracy'..
he told me how to use it, and what the various line display means.
so i called my girl and told her to urinate small on a small cup, followed the instructions and two thick red line showed..
and the chemist said two line is positive..
i'm still schooling i don't kno what to do now.

everything i have worked for, how i have planned my future is now trying to fade away.
i cant even hold my tears

Calm down. It's a good thing. Provided the baby is yours.
You need to start working to raise funds for the coming of the baby.
You will look back ten years from now. You will be glad you kept the child.

Forget white collar jobs for now. Construction site, at least 3k daily.

Number101:
Whose is in need of loan? N100,000 loan @ N600 daily interest only on Monday - Friday.
What this mean is,
If you take the N100,000 you will be paying N600 daily as the interest into our account from Monday to Friday. Saturday & Sunday excluded, until you no longer interested with the loan, then you return the principal of 100k.
NB. You must bring a collateral worth more than 100k.
Our office is at Bar-Beach tower VI. The military compound. Thank you.
If interested call or whatzap 08028822072

Dead on arrival.
GT offers 1.33% monthly and you are here with over 13% monthly interest.

Idaytesj29:
Can a driver rely on offline trips? Do they come often?

Look for a corolla or civic. 03-05. Drop the camry. Don't be carried away by the prestigious look of the car.
You are on HP remember.

Odukes:
Pls, bolt experience bolt drivers, am a new driver and had verbal exchange with a persenger, next thing after I drop them off, my app language setting changed from English. I have not been able to use it since yesterday. Please any idea in the house?

You are good bro.
Just follow the suggestions by ReadaDream. I have experienced it before, I went to the app to change it myself.

roach:
Thanks boss, someone even advised me on going with a scanning device to diagnose..

Is the 07 civic not advisable also, I've been seeing some at the range of 1.1, 1.2million and above on jiji

Forget scanner. The issues in a Naija used vehicle won't precipitate until you start driving it.
Take a trusted mechanic along.

My advice: buy a tokunbo corolla. Don't buy lemon car o. Or accidented car that is packaged as tokunbo.

In 24 months, if you are disciplined, you should be done with the payment. Even after 24 months, your corolla will still be in very good form. Trust me on this.

I would rather be on rental than
take over a million naira to buy a Naija used.
Goodluck.

samobaba4u:
One account
One car
One Owner-partner
One payment probably #35-#45k
But two drivers

I week

car gets serious flogging daily... Chai

If AC is the only problem, to me that's a small issue.
Even if you change the whole components of d AC unit. With 100-110k. You have a fitted Ac that will last you for the remaining ember months.

How much is 100k?if you get a loan. 10k weekly, by December, you are done

Pearl1910:
Which business can pay u 75k monthly with 500k investments abeg. I am asking for myself

IFHR has given you one


Let me drop another one with good ROI, there are several others. I can't give the analysis. Cos it's a fluid situation.

2.Car wash.

Charmingrascal:
No Governor don ever do two term for Oyo, we thought Makinde's would be an exception but obviously na only one term him sef wan do.



Yeye Governor!!

False, Ajimobi broke that jinx.

ThisisIkemefuna:
Thanks for your feedback brother. Can you please say why you feel this way?

ROI for the rental mode on Uber/ Bolt is very poor.

With 500k, there are businesses that will return 75-85k monthly. That's an average of 15% monthly. Just with 500k.

Uber rent mode can't give you 15% monthly. You can take this analysis to the bank. That's the main reason Moove switched to Innoson, ROI

ndubuisi2021:
£150,000 is more than a hundred million Naira. That's a lot of investable funds that can be well utilized. Uber should not even cross your mind at this point. By the time you purchase 10-15 cars for ehailing two third of your hard earned savings is gone for sure. With this type of money, one should be thinking of a business with a proper stay, a name and a face to it not ehailing that will distract you, big time. Except you want to do freebies with your hard earned money

Uber should be a means to an end, It should be dropped at some point. Either as a driver or a fleet owner, none comes easy in terms of management from a Nigerian perspective. It's not worth it.

VERY true. ROI from Uber is not worth it. Millions on cars to be collecting pittance week in week out. Terrible roads.

Gentlelife50:
Fact, but in most cases starting fund is usually the problem.

That's why people in obodo oyinbo come back to Nigeria.
40,000 dollars won't even buy a house in New York.
But with 40k here, you can set up something good.

BAZ001:
I dey bench dey look you, Na so e dey start
1st motivational speaker said 1million every month oct-dec = 4million
You 2nd speaker from dis wkend- Dec = 2.5million (fair enough)
Your target is €15k, don’t worry bold gentlelife50 will ask you “ did u meet up “ ?

But my major concern is d part that you said you relocating back to Nigeria (dis same Buhari APC) ?
Your village people must be very strong, firstly u left white collar job to be driving Uber abroad and now you coming to Nigeria to do what ? Drag rider with Hoodlum and ants ?

While some of us are trying to relocate abroad some are trying to relocate back
While some are trying get job some are trying to resign to drive Uber

Anyway I’m motivated thank you.
I still dey bench dey peep

There's money to be made in Nigeria, if you have the guts to go into manufacturing.
It's actually easier ( regulatory requirements are mostly overlooked) to start up a business in Nigeria than in obodo oyibo.

Spark2:
Hi guys,
I trust this meets you well?
I am 25 years old, I'd soon be 26.
I'm a graduate, I served in Kano and stayed back after service doing a teaching job. I am paid 35, 000 naira per month. The 35k finishes on transportation and feeding even before the month ends.

I started learning a skill in tech about a year and half ago, I've gained some confidence already in web development, I can call my self a Front-End Developer now with some knowledge of back end development... I have made up my mind to keep learning everyday. I have a dream of going fully into tech and at this point in my life, I need a job that will offer me the opportunity to learn what I'm personally interested in. I want to work in a team that will help me to grow, not a teaching job where I am overworked and get home tired everyday and have little time to code.

After sitting and considering all these, I made up my mind to resign my teaching Job by the end of December. I'm going back to my hometown (a state in the North central) where I hope to go down to Abuja in search of a better life or better still if I get one in my state.

The thing is that I'd need to take this bold step now while I'm still a bachelor before I get married and unable to.

I understand that it is a hard decision to take, but if I let fear hold me down here, Many years will pass and I will be here held by fear. A colleague shared his story with me, that he was afraid of leaving and for him, it's 11 years now teaching and he is still struggling. He's married and it's now difficult to take any step as such.

I need advice, if possible share your experiences so that I will learn.

Thank you very much

Learn a design skill that is applicable to the construction industry if you r heading to Abuja. You are better off as a freelancer than looking for a private salaried work in Abj.

You said you can call yourself a front end guy. How many websites do you have in your portfolio? Because that's what basically sells your brand, and if you are to rate them objectively, ( assume it wasn't your work), will it fly with you.

My advice: improve more on your skill - set as a web developer, there are opportunities, but for a newbie,to enter the industry, you must come in with a BANG, projects that will make people check out for you.

I don't mean run of the mill web guys who just use WordPress n think they could call themselves web developers.

Goodluck.

geezyk:
Entering the street you wouldn't even know its worse as it's curved at the start.

Baba, I can relate. You will recover the funds.

That's why I filter trips, n I refuse using Uber. I can't take stupid trips n end up paying more on repairs cos of bad roads.

Cost of spare parts is really hitting the roof. Mechanics are not cheap in Lagos.

IFEBARBIE:
You're very right ma'am. I was just laughing like Field Marshall Idi Amin . She was on mini and was sitting in front . I even told her I allowed her go since it's on the integrity platform. This is the 2nd time I'm experiencing it on Uber. Uber rocks. The only thing remaining for Uber to take over is showing us rider destination

The moment they do this, Uber takes over the market.

Baz, where do you see all these memes....
..... From the dancing aeroplane, to the afro guy with puffed cheeks..

Omo, the last few pages, was really hilarious...

tunlapapa:
This man, are you sure you are on bolt?

First was using solara, now not using AC.

Maybe he operates in Ibadan. Most bolt guys in IB won't put on Ac in Ibadan. The fares r low too.

SHOOPSYN:
I doubt if Lastaman don't orchestrate traffic is some part of Lagos. Especially junctions where there is traffic light. Some junctions with traffic light are usually free, but with the presence of lastman, traffic build up. I passed through Oba Akran(Asbestos bus stop), with the presence of police and lastman, I thought the governor wants pass through that route, about 7 lastman,5 police, 2lastman bikes, 5police bikes, and special Korope parked in strategic location, all at alert to catch what fIsh. Causing unecessary traffic. Just recently, the way traffic build up coming Ikeja to Guinness is unbecoming. Someone said lastman bike men are even dragging the" business" with police bikes ... Anyway, be more watchful guys, we can't make 1M a month and police and lastman want to collect 500k

The men appear to be redundant, why do they always loiter around Guinness /oba Akran.

There are other junctions where they could all be posted to and put themselves to good use.

They all refuse, preffering to wear the toga of special status ( task force bla bla). No training, apart from the reflective jackets they wear.

To cap it all,from my POV, their presence has no tangible effect on the traffic, it's still the same traffic.

Typical Civil service servants in full display. Drawing from state coffers without tangible /measurable contribution to the society.

mejai:
Ajah! I entered alternative route( Chevron drive) I rejected it o... B4 asking here sef. E pain me as I see one response up there.
Well, mma2 trip entered immediately, I come console myself.

If Sango Ota is not a surge trip, or offline. it's not worth it. Some terrible roads still dey Sango Ota neighborhood o. Except you live around the environs n you r closing for the day.

You made a good choice.

Richhard:
Hello bosses, how do you get rid of Cockroaches in a car for life, I don't know how they got in and Where they're producing, I've used all insecticides available, lots will die, after some days, they'll be back again, running around nook and cranny of the car.

What can I use to kill them for life? Thanks

First thing, food crumbs,that fall into the crevices attract insects esp roaches. Avoid food crumbs in the car, then 80% of the prob is solved.

Buy Rambo insecticide, spray at close of work @ night.
Get a good air freshener ( that is not pungent) that has insect repellent on its label.

oluwafreshkid:
Hello house, I need a house help that won't live in.
Resume 7am close 5pm
Job : House chores and errands
Excluding laundry, cooking, and fetching water.
Location : Iju Ishaga and environs

Salary : 10k

For a month? I'm afraid the remuneration is too poor, In a city like Lagos. Did you factor in transportation cost ( to and fro).

10k is really poor think about it. For 25 days , the cheapest bike fare to and fro is ₦200. That's like 5k gone on TP already.

BTW, if she's not doing laundry, fetching water or sweeping, what other chores will she do?.

Barbiturate:
THE CAMPAIGN IS FAKE AND FRAUD! IF YOU ARE THEIR AGENT OR YOU WORK FOR THEM, TELL THEM I SAID THE CAMPAIGN IS FRAUD! BIG TIME FRAUD!

FYI, I GOT THE ALL THE POINTS! STOP DEFENDING EVIL!

How can you say the campaign is fraud. You even allegedly called me a bolt agent
Calm down.
If you checked all the points (%acceptance & completion, I'm sure that's what nailed you) , the bonus will be yours. It's simple maths.

If you say the conditions are stringent, maybe, but to say it's fraud, I had to correct you. Don't say things only from your POV.

If you don't know how to get it. Why not ask, and people will show you how it's been done.