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Transportation Business is one of the oldest industries on the planet. In Nigeria, the transportation industry has long been a hotcake industry. When you look at countries like the United States of America and the People's Republic of China, transportation has become a significant business in these countries, and one thing these countries have in common is people. The population is one of, if not the most important, drivers of the transportation industry.

Nigeria, with a population of over 200 million people and the distinction of being the world's most populous black nation, now has the transportation potential of the United States of America and the People's Republic of China, based on population and inadequate transit options.

How Profitable Is Nigeria's Transportation Industry?
The transportation industry in Nigeria has enormous potential, due to the country's large population. Millions of people are always on the move, whether it's to get from one place to another, do business, or for other reasons.
As a result of this potential, the transportation industry is a tremendously profitable enterprise if well managed.

We are a transportation business based in Ibadan, the state capital of Oyo. We've been in the industry for almost four years. We are a group of individuals with extensive experience in the transportation industry. Our main service is providing hire purchase services to competent, professional, and responsible riders in Ibadan, with full KYC, due diligence, and legal support. We mostly deal in tricycles, also known as KEKE NAPEP.

The KEKE NAPEP has become a popular mode of local transportation in Nigeria because it gives a level of steadiness that is lacking on motorcycles, often known as Okadas in Nigeria. KEKE NAPEP, like Okada, can easily navigate through areas that a regular automobile or bus could only dream of.

Due to the expansion of our firm, we are seeking individuals or groups to join us and take advantage of this opportunity. We are looking for individual or group to purchase tricycle(s) which we will handle on your behalf. We find a rider for your tricycle(s) and pay you your ROI and capital over a period of 16 -month, on weekly basis.

Transportation Business is one of the oldest industries on the planet. In Nigeria, the transportation industry has long been a hotcake industry. When you look at countries like the United States of America and the People's Republic of China, transportation has become a significant business in these countries, and one thing these countries have in common is people. The population is one of, if not the most important, drivers of the transportation industry.

Nigeria, with a population of over 200 million people and the distinction of being the world's most populous black nation, now has the transportation potential of the United States of America and the People's Republic of China, based on population and inadequate transit options.

How Profitable Is Nigeria's Transportation Industry?
The transportation industry in Nigeria has enormous potential, due to the country's large population. Millions of people are always on the move, whether it's to get from one place to another, do business, or for other reasons.
As a result of this potential, the transportation industry is a tremendously profitable enterprise if well managed.

We are a transportation business based in Ibadan, the state capital of Oyo. We've been in the industry for almost four years. We are a group of individuals with extensive experience in the transportation industry. Our main service is providing hire purchase services to competent, professional, and responsible riders in Ibadan, with full KYC, due diligence, and legal support. We mostly deal in tricycles, also known as KEKE NAPEP.

The KEKE NAPEP has become a popular mode of local transportation in Nigeria because it gives a level of steadiness that is lacking on motorcycles, often known as Okadas in Nigeria. KEKE NAPEP, like Okada, can easily navigate through areas that a regular automobile or bus could only dream of.

Due to the expansion of our firm, we are seeking individuals or groups to join us and take advantage of this opportunity. We are looking for individual or group to purchase tricycle(s) which we will handle on your behalf. We find a rider for your tricycle(s) and pay you your ROI and capital over a period of 16-month, on weekly basis.

Paulo3ree:
I doubt seriously what you are saying, don't be offended please

Don't mind him. I don't think he has ever venture into any business. Talking as if business is like reading ABC. Audio entrepreneur.

PhilipReigns:
Daily delivery not deliver*, you also didn't go through my previous post before you mentioned me. while I'm tired of talking, I will briefly provide answers to your questions. No more details cos I don't see the need explaining things to anybody any further.
Question 1: Lagos
Question 2: Yes
Question 3: I started first with a single vehicle (Sienna) , drove it myself, then bought another one within a space of 6 months, gave out d former on higher purchase to an elderly man while I retain d new one. From one to two, two to three, three to four. You give them out on hire our purchase, weekly delivery. That way they protect the vehicle knowing it's going to belong to them upon completion of the agreed amount.

Still all your analysis are only bases on Paper. From One to Two, Two to Three, Three, Four.. So easy. You bought your second car six month after, C'mon guy... How much are you really making everyday? You must be commuting between Lagos - Ibadan according to your analysis. How many trip do you do per day for for you to be able to buy your second car within Six Month .

Transportation business is not as lucrative as you are painting it. Car Hire purchase is another Line of business don't mix it Transport Business.

PhilipReigns:
2 buses I said, not one.
Of course you will service it, as for low passengers at certain moments affecting revenue, did I mention there re also times ur vehicle are booked/chartered for occasion. I didn't even add that revenue to it monthly earnings, that can make up for the moments when passengers will be few. I only did an average summary of income which is very possible if you're determined enough. There are Saturdays my Sienna was booked for to and fro movement of some wedding guests thru a certain location for 70k full-day booking. I didn't even add that to the total earnings, I see it as bonuses that should be overlooked. A Toyota hiace bus can convey more guests to wedding or burial ceremonies than a seinna and more guests means more money. You can get an average of 5 different trips like that in a month which is even less stressful than d usual pick and drop of passengers during normal working days because you will be fed and well taken care of thru out the lasting hours of the occasion with food and drinks. If I have more money in future I will definitely go into full time transport business like registering a transport company like God is Good motors, Young shall grow etc these are end time billionaires that don't go about blowing Thier trumpet like dangote. So my friend, my analysis is very much in line with reality. a vehicle of 5 million naira should still be at it Very best condition, all the best! Money is not easy to come by, you must pursue it. Hardwork pays, am a living testimony.

This your analysis shows you are really not into the Transportation business as you claimed. First let me ask you one major question? What's your location? Are you into Inter State transportation? Do you employed the service of a driver for daily deliver?

If you really want to flush your hard earned money down the drain by a Car/bus and give it to a driver to deliver for you. I am 70% sure it will end in regret.

tammyf:
Too far...I'm in ph

OK. Are u interested in a partnership?

tammyf:
location

Ibadan. Both Farm and Slaughtering House.

Frozen Chicken Production. Was not really a Huge Loss cos it was only placed on hold. I rear the chicken and processed it supply to major market in Lagos and Ibadan. The high cost of Feed and DOC makes me to pause for now. I have my pen and semi automated processing plant. The capital requirements is too much for me now. I raise at least a thousand birds for slaughtering. If you have the capital my facilities is available for lease.

seanwilliam:
Hmmm. Good day oo..

No1. I’m sorry for Derailing
For the past two week I’ve been making research on how to start Uber/Taxify/bolt business .. I’ll let you all to know that I’m 100% novice about this .

1.I want to buy a car for the business .. budget for the car is 1.5m to 2m.

2. I won’t be the one that will do the driving because I have other stuffs to attend to.

3. I don’t know much about car or anything .. but I’m looking out to get maybe a Corolla 2003 or Camry big daddy .. cos I read in one of the articles that your car must be very OK and good looking . U can tell me other options you think are better ..


4. How does one get a reliable driver for it? How do I even register the car( I can’t find their office here in Ibadan ) and make sure the driver doesn’t run away with my car ? Like how much will be my weekly income on the business ? Tbh my target is around 25 to 30k or 120k per months at least ..

5. How reliable is the business , knowing fully well that I no sabi anything about the business ( pls note that I’ve read up to over 200 pages on this thread o) but I just want someone to put me through ..
6. How viable is the business in Ibadan ??


Edit; someone also talked about me getting like 7 TVS okada, which each of them will be remitting 10k weekly .. but the reason I don’t wanna do that is I don hear many cases of Okada theft



And lastly , I no go lie I’m sacred o but I want to give a try.. I hope to come back to this thread and give testimony..

Once again I’m sorry for Derailing o .. thanks





Note: I’m not going into this business cos of passion please. I’m going to it for 100% profit

Bro how far have you gone about this. Have you started the hustle?

ojeleyed:
Is this still available and your contact?

Yes. Still available

Please can anyone confirm if Daily Pay Motors (Vehicle Loaning Service) is a genuine company please.

They said they are into Car Hire Purchase service.

kanuisagoat:
From what my inlaw told me, I think it is. She said drivers are always far away which means there are a lot of riders chasing few drivers.

Though I think the fare is poor compared to Lag but few drivers also means there'll be constant surge.

Thanks for this input.

Just want to know if this Ehailing is profitable in lbadan as it is in Lagos. The thread for Ibadan Uber/Bolt Driver is a dead thread no update or post.

The Drivers here in Ibadan are always at loggerhead with Bolt management. I have been following their activities on Twitter for a long time.

God bless my Hustle.

deavicky:
I don't understand this method of sales, how much is the truck.

Option 1. Outright purchase at asking price of N4,500, 000 slightly negotiable.

Option 2: If the buyer have a car of 2003-2008 model the price of the car will be deduct from the price of the truck and balance Is paid

Option 2: Down payment of N 2,000,0000 and agreement on how balance will be paid within 3 Month.

Contact

This is a very sound IVECO truck. all works has been done on the truck including building a strong back frame. it was purchased for factory use but was never used. it is an urgent sales.

Has Bolt stop activities in Ibadan? Please house I need to ask some question about Bolt partnership in Ibadan. I will appreciate experienced Pilot in the house.

SimplyFacts:
See as he gentle

Make he carry gun?

We appreciate you for that Sir.

#Isupportpeacefulprotest



Meanwhile...

Please support my hustle by patronizing me o. I supply Pure Undiluted, unadulterated Honey. Tell me your location and I will get it to you anywhere in Nigeria.

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