₦airaland Forum

overall90:
Umahi is being clever by half.
You destroyed the whole beach for a facility that relies on the beach front for it's business and you are talking about buildings because you you believe Nigerians are dumb to see through your deceit.
I don't know why once anyone joins APC,they become demons.

The beach and its 250m extension belongs to the FG, by extension , it belongs to 200m Nigerians. It is not the birthright of Landmark.

No sentiments.

Omoapena:
This might be true tho...


Cox even if someone is doing 18hours work every day with 1.9surge trip all through the hours, it's still not possible to make 24m a year and doing 18hours work with 1.9surge everyday can never be possible.


And daddy freeze is claiming he saw the person's earnings on the app, probably that person showed him December earnings only which I believe some Jackie can do 1.5m in December only and he "daddyfreeze" assumed that's how it is for the rest of the months in a year...

He's just capping.. why not invite the person .. or paste the dashboard.
I feel it's sponsored. Who stands to benefit? .. the app companies.
Any investor that allows daddy freezer to mislead him/her has all the blame. RN 2024, ROI as an investor in ehailng is total nonsense.

Omoapena:
Cheerfulgiver don finally meet Daddyfreeze.

Nah only cheerfulgiver go tell daddyfreeze say hin dey make 24m a year from uber

My opinion is one of the apps contracted daddy freezer to do that campaign and lure investors to bring cars.
Because right now, a lot of cars have been pulled out of the biz especially investors..
No driver can make 2m in December which is the best month in ehailing.. disappointed @ daddy freezer for deceiving the public.

Majesty7:
The problem are the locals. They support them. Politicians are toothless because they are greedy. Once the local threatens to withdraw support, they do their bidding.

That's why the SW will always lead in all facets of human development. This can never happen in the SW.

gidgiddy:
And yet he had been in DSS custody for three years and insecurity is worse than when he went in, and the Biafran is still strong. But you believe that it is when Kanu and Ekpa are killed you will stop hearing about Biafra? Laughable

You will hear about Biafra forever, no matter who is taken out, because your Nigeria is an irredeemable failure many people are tired of

Who is losing?

Barbiturate:
Someone wants to book my ride for a day....till 7pm. I told him 40k and he said he can't do more than 25k last.

He should beat it.. standard rate is 5k per hour. You even tried. 40k is very fair.

thesicilian:
I am a scientist so you don't need to tell me about microorganisms dwelling on the surface of the human skin. When you have evidence of these mythical creatures we're talking about, let me know

Can you see them. ? There's no evidence until the equipment comes. Before the equipment came, everybody was in ignorance of the existence of microbes.

Same thing with beings that live in the challenger deep.

Sirchiboy:
How much are you suppose to make with 10k fuel.
I dey see only 1k on top as profit.
I don tire

Contact that comrade in PH.. let him put you through.. the moment you stated your modus operandi weeks back. I wasn't surprised you don't make profits...No one can follow your work schedule and make money.

thesicilian:
Maybe. But there's no evidence. Yet.

Very funny, you view things strictly from the prism of the five senses....
Look at your palms, what can you see there? Your answer will be an obvious " nothing is there"

But when the scientists bring their equipment and your hands is examined under the light..
You will be shocked at the "organisms crawling freely ,living rent free on your hands ".. your physical eyes or senses can't pick them.

Take this from me, we are not the only creatures with consciousness moving around on the Earth .

thesicilian:
Watched it. What makes you think those water humans are real?

... TPTB ( the powers that be) show these glimpses through movies so that you are fully responsible for your choices
.

thesicilian:
Isn't it possible the psalmist saw this unicorn in the spiritual realm? And that's even assuming he wasn't just speaking based on his earthly knowledge. We don't know and there's no earthly or spiritual evidence that they exist.

Did you watch Wakanda forever. The one Burna boy's track was featured.
You will argue it was a work of fiction....
The movies you watch are glimpses of the real stuff happening behind the curtain. This is the truth.
There are creatures living way beyond the "challenger deep".

FUTURE4202:
Since there are claims mermaids exist and live all most all their lifes in the water or sea, how come we don't have them captured in our zoos or aquariums to prove it's existence cause i really would like to see one.

There are creatures that humans can't capture, only machines, and machines sometimes fail there,
Because they reside at water depths where they pressure is so much that it tears things apart.

thesicilian:
Building on this logic we can safely conclude that dragons, unicorns, centaurs and werewolves also exist

You think you are the " only ones" on the Earth.There is a water world and there are creatures that humans don't even know about.

Prostitution is a trap. It looks like easy money, but it's not. It commands a vicious grip on the players. They all feel Abuja is a cash cow.

All the earnings from her supposed trade, she couldn't sit down and learn a profitable skill with the proceed ( cooking soups, sewing, wedding make-up etc) and engage it .

You are free to make choices, but you are not free from the consequences of your choices.

Barbiturate:
Walai you miss! Made 50k with the same amount of fuel I usually use to make 30......and na because I taya and I close 7.

Was it the children's day or what? Bolt was on fire yesterday..
As you rightly said, from a human strength perspective, there's always a limit.
Wish I could work throughout that time. But , nah, that's pushing the limits of the body.

Doris4ever:
If you are an investor and decide to venture into korope or LT transport business because you are looking at it from an outsider view.

The driver's operating korope or LT are they better than ehailing drivers.
They don't scratch the vehicles or default on payment?

Driver's are always available, that's a fact.
Post a vacant position in any field aside driving and see if you won't get hundreds of applications.

The Nigerian population has the manpower for any business an investor decides to venture into.

My point is every business has it own challenges. Just choose the one you can cope with, be it korope, LT, ehailing. Choose one and face the challenges.

No business without challenges. That's a known fact

Very true, you are right on the aspects of challenges....But an investment of 3.5 million that will yield returns of unstable 30k weekly .. is not something I will subscribe to.

konkoabove:
Are banks also at the lower end? Yes or No.

Back to ehailng, The mere fact that cars are scarce doesn't equate flexing of muscle from owner partners. For goodness sake, both of you are business partners and not employee/employer situation, so respect agreement. If there is need for upward review, then adequately communicate and sign the new deal. Putting eye in your driver partners' earnings is a NO for me.

Owner partners can liquidate asset and move to something else. So drivers too can't diversify and shift from ehailng? Is their destiny tied to driving? I think drivers need to wake up and smell the coffee.

The bolded is easier said than done. Right now , 2024. To meet market realities. Weekly rentals should be around 50-60k.
How many drivers can gladly sign this ? Most of them want something way lower. So the investor still bears the brunt.
I can't be monitoring vehicles around cos of 30-35k/ week, that stress is too much for the money .

konkoabove:
I don't care about the 20 cars you bought as owner partner, even if you bought them brand new tear rubber, as long as there is no driver, you can't do nothing in ehailng. Can you? What about this angle?

Dangote is the richest man in Africa. He survives on bank loans. Are banks too at the lower end going by your postulation? Should banks raise interest rate to 50% so that they won't be left with crumbs and probably be richer than Dangote?

Baba business doesn't work that way. Set your charges with terms and conditions and comot eye from what drivers make.

Banks scramble over themselves to loan Dangote money, because he is a sure banker..

Back to ehailing, it's the driver's loss, if you need 20 drivers right now, you can get them in 2 days , what about getting 20 cars?, that will surely take more than 2 days. ... drivers are always available, its a hard truth to bear,the aces are always with the investor.

The investor will simply liquidate assets and move into a new line of business.

Ask the White korope lekki to cms ,how much they deliver weekly to their owners. I don't want to come to the Yellow LT on the mainland ( oshodi - Sango)

If you are on watsap groups, if you see the way drivers are looking for cars to drive. There are very few cars unlike previous years...

It must be a win-win situation for all stakeholders , most drivers don't see this big picture.. The app companies are learning this truth . Esp Bolt. They made reforms because Bolt realised, if you keep losing drivers, they are losing revenue , it's just a matter of time.

If I had a relative with deep pockets.. I wouldn't advise him/her to invest into ehailing.. it's too draining because of 35k / week.
The app companies are the main beneficiaries followed by the drivers then the investors. What kind of Arrangement leaves the investor at the lower end of the food table.

Imagine ,taking a 25% cut of whatever earnings the driver makes just because you linked to a customer, what about the guys that facilitated the MAIN tool
( i dont care about your 14 years driving experience in Lagos, even if the whole road map of Lasgidi is in you, as long as you dont have a vehicle, you cant do nothing in ehailing.) to execute such orders.,they are left with crumbs.. so pathetic.

@ brainbox0806.

Your experience as an investor was quite explosive. Thank you for sharing.

A seasoned driver should know whether a car is worthy of ehailing in 5 days. ( in 3 days sef)
If the car is not up to standard, drop it and cancel the contract.
If as a driver you continue to use the car, then you are also responsible for whatever blames the car owner /investor lays on you .

Djdamian:
Exactly, it's unfortunate they are very few of them especially on rentals.

I quite agree.. wicked drivers, they don't take into cognisance the efforts of the person who arranged the car, they are ready to kill the car to settle their own bills forgetting that the principal investor too needs a return on that investment.

Such drivers will keep taking low fares which means flogging the car for longer periods which ultimately reduces the life span of the engine and its associated accessories.

Djdamian:
As I mentioned, all these factors are subjective and hinge on having a reliable vehicle and, most importantly, a trustworthy and diligent driver. If your assessment proves successful after 3-6 months, you can proceed, but honestly, that's not always the outcome.

The bolded is the MAIN factor whether it's going to be a profitable venture or not.

jpworld:
Anybody renting out his car at the moment, will go bankrupt, there is no 2 ways about it.

I am well experience in this business.

I only release some of my cars to couple of drivers on certain conditions. The ones I know and they live within my area. You can only drive 3days in a week. Thursday,Friday, Saturday or Friday, Saturday, Sunday.

Sharing formula, I take all 2days earning, (and there is a minimum you will earn) and you take 1day. Once you close work you park my car and it will rest for another 4days.

Close monitoring, no room for nonsense.

When you face tough economy, you take tough decisions.

Very impressive. Protect your assets at all cost.

pope191:
Thanks boss

No wham, Pope..

BAZ001:
This thread eeehhhh
yesterday e-hailing paying better than salary earners.
Today, returns are not worth it ...Lower fares
Tomorrow someone will still come up with its the best thing.... I paid off my HP car in 2years and after buying the car he goes back to his second hustle and drive only on weekends. which one come pay pass 1st hustle or 2nd hustle

Stop being funny, that charge is for investors.

pope191:
Thanks! I don’t understand this. Do I still have my car for inspection and all this Lagos camera thing?

Yes, you will do inspection.
The vio guys will disturb you if you don't have Lagos RW esp if they notice it is used on ehailing.

A stranger can claim he came visiting. But with a rider feeling fly at the back seat, it's going to be difficult to explain.

It's not an issue. I have seen Abj, Imo, ogun , Enugu, Anambra number plates on ehailing in lagos


You can do your VL anywhere, even lagos vl can be done in Abuja because the funds go to the JTB ( joint tax board)

pope191:
Please can one use other state plate number to register on all ehailling platforms in Lagos state?

Sure. The only challenge is you must do RW with the VIO guys. They don't want to lose that revenue.
Infact that's the only document you can't get outside Lagos.

janeedema:
Did she marry Bill gates a millionaire? You don’t seem to understand that moral and intellectual support is a thing. Do I blame you?

A woman puts her life on hold to carry child and put the home in order so when the man comes, he can relax and you think she doesn’t deserve to be compensated in the event of a divorce?

Yes, Bill was already a millionaire ( crazy millions) before he actually pushed the marriage thing to her.

Anyone looking for rentals or Hp , you need to be more proactive.. or find alternative ways to earn money if driving is the ONLY skill you have.
- part time driver ,weekends..
- delivery of cars
- relief driver.

It's increasingly difficult to get cars for rentals/Hp because every day you are having fewer investors in the ehailing biz.
The returns are not worth it ...Lower fares means lower earnings which in turn translates to lower returns for the investor.

If you buy a functional naija used corrolla for 3.5m . Don't be surprised, you won't get returns on your investment in 2 years.. is that business?



In 2022, bajaj motorcycle was 360k.. brand new and weekly delivery was 9k.
In 10 months, you have recouped your money on a Bajaj. and you still have a fairly good motorcycle standing.

On ehailing, it could take forever.

ROI on ehailing is too poor.

Donsilase:
Please nairaland family, i seek your opinions. It's very urgent

Apart from doctor's prescription. The main work lies with the patient.
Diet control. I hope there's money. Rice,garri,semo n all those stuff are out of the options.

fineboynl:
they have different size. 200, 450 and 700.

Tomorrow I will add the picture

Hollandai evap quality has dropped drastically..
The popular sku was 300 before, it jumped to 450 RRP, yet the quality dropped. Don't hype nonsense.