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A Private Ferry Start-up In Nigeria. Your Thoughts? - Travel - Nairaland

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A Private Ferry Start-up In Nigeria. Your Thoughts? by Childofthelord(op): 2:44am On Apr 03, 2021
Last week my church friends and I visited an acquittance in Victoria, It was my first time taking a ferry and I loved the fact that we could travel with our car parked in the ferry. It felt really cool because we did not have to sit for hours on a road trip and we got to watch movies, have fun and enjoy the sea. We arrived the sea port and drove off in our car.

So yesterday, I had a discussion with a friend and we talked about this same sea transport can be implemented in Nigeria.
He slipped the idea of a private ferry company that runs fast boats across Lagos coastlines and ferries that will accommodate cars as well. I loved the idea but I believe a lot of research needs to be done to determine the exact focus of such start-up. Uber boats and Lagos ferries seem to be doing the people transportation. But the idea of bringing your car along was pretty new.
I think the sea transportation sector(to commute people +their cars interstate) is untapped and there are many opportunities here.
We are about to start working on it and I will update you as we do some research.

What do you guys think?

Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by ednut1(m): 3:25am On Apr 03, 2021
Not economically sustainable. Most people working in ikorodu going to island complain of the costs of the small ones which are like 700 to 1k for a trip. The ferris cant do many trips a day. Because its mostly rush hour traffick.
Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by Lifestone(m): 5:19am On Apr 03, 2021
ednut1:
Not economically sustainable. Most people working in ikorodu going to island complain of the costs of the small ones which are like 700 to 1k for a trip. The ferris cant do many trips a day. Because its mostly rush hour traffick.
Is this research based or your feelings? I have always been interested in this project. I believe water transportation will become the next phase of movement of goods and services in a mega city like Lagos.
Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by LMS1(m):
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Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by ednut1(m): 11:09am On Apr 03, 2021
Lifestone:
Is this research based or your feelings? I have always been interested in this project. I believe water transportation will become the next phase of movement of goods and services in a mega city like Lagos.
ikorodu to ajah is 1k by those speed boats. How much big ferry go con behuh

Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by Benemond(m):
Childofthelord:
Last week my church friends and I visited an acquittance in Victoria, It was my first time taking a ferry and I loved the fact that we could travel with our car parked in the ferry. It felt really cool because we did not have to sit for hours on a road trip and we got to watch movies, have fun and enjoy the sea. We arrived the sea port and drove off in our car.

So yesterday, I had a discussion with a friend and we talked about this same sea transport can be implemented in Nigeria.
He slipped the idea of a private ferry company that runs fast boats across Lagos coastlines and ferries that will accommodate cars as well. I loved the idea but I believe a lot of research needs to be done to determine the exact focus of such start-up. Uber boats and Lagos ferries seem to be doing the people transportation. But the idea of bringing your car along was pretty new.
I think the sea transportation sector(to commute people +their cars interstate) is untapped and there are many opportunities here.
We are about to start working on it and I will update you as we do some research.

What do you guys think?
This would be awesome trust me. I actually thought about this exact thing some few years ago but what put me off was the security problem in Nigeria now and to some extent the start up fund.
Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by Danhumprey: 3:58pm On Apr 03, 2021
Childofthelord:
Last week my church friends and I visited an acquittance in Victoria, It was my first time taking a ferry and I loved the fact that we could travel with our car parked in the ferry. It felt really cool because we did not have to sit for hours on a road trip and we got to watch movies, have fun and enjoy the sea. We arrived the sea port and drove off in our car.

So yesterday, I had a discussion with a friend and we talked about this same sea transport can be implemented in Nigeria.
He slipped the idea of a private ferry company that runs fast boats across Lagos coastlines and ferries that will accommodate cars as well. I loved the idea but I believe a lot of research needs to be done to determine the exact focus of such start-up. Uber boats and Lagos ferries seem to be doing the people transportation. But the idea of bringing your car along was pretty new.
I think the sea transportation sector(to commute people +their cars interstate) is untapped and there are many opportunities here.
We are about to start working on it and I will update you as we do some research.

What do you guys think?
Ferry boats like the one shown in the pictures are obviously a thing abroad.
But setting up one here in Nigeria, it takes investment. And that doesn't look like a sector that Nigerian investors are willing key into.
High cost of doing business and likely low patronage could drive any such investment aground.
Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by JOACHINpedro: 5:12pm On Apr 03, 2021
Op wake up
Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by EgunMogaji2: 7:52pm On Apr 05, 2021
Actually I think it’s a pretty solid idea. But you’ll have to do due diligence of course.

I don’t do Lagos but I’ll assume that some need will be there.

I’m not familiar with the huge transport ship like you showed, the specific one I’m used to and use routinely are pictured. Much smaller with quick turnarounds.

If I was to invest on such a project it will be with a fleet of smaller boats like this.

Re: A Private Ferry Start-up In Nigeria. Your Thoughts? by Cousin9999: 8:18pm On Apr 05, 2021
Ambitious. I like it.

You really need to do your research though. I hope you succeed.
1 Reply

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