₦airaland Forum

My brother, after the first 2-3 months of remittance, that's allllllll... They don move the car go kano go collect 4m for a car worth 9m... Lasgos will go and collect their car if they want...

Read through this yesterday and I see it is indeed a modern slavery a hire purchase of 4m still sits well.
Even when I see it as on the high side but this particular one is a big Rip off.
If they really wanna help why all this??

The danger of single-story or single perspective to issues is that it so blinds you from the big picture. This is more of an emotional than objective submission.

See my reactions in blue below....

lalasticlala:
1. Each applicant "driver" will have to pay a non-refundable 17k to pre-qualify.. - Pre-qualification comes at a cost. An independent agency will be saddles with the process and someone has to bear this......

2. If the driver passes the prequalification stage, the driver will have to pay the sum of N1,845,500 which is to cover 20% cost of the vehicle, registration and insurance, advance rent payment, first aid kit, e-taxi licence and training.- This is standard....and it is not like Lagos State Government had some pool of cash to fund this 100%, they did in conjunction with Car Assembly Plant and Bankers; who wouldn't have backed the scheme if there is no standard proceedure to recoup investment in reasonable time and provide a platform for its sustainability......

3. Driver will remit 8,709 daily and compulsory.

4. Driver will still pay 25% of each trip like the normal uber commission.

5. Number 3 and 4 will continue without any hitch for 4 years and the car becomes driver's own.

6. Driver will fuel the car on his own.

7. Ibile holdings will handle servicing and maintenance through GAC motor
The above is just summary of the scheme.

Questions are as follows:�

1. If I am a driver and I have 1.8m, will I be fool enough to go and subject myself to all the above or get a good Toyota car of my own and register with already available e-hailing platforms? - - Well could be an option, but your current e-hailing platforms are saturated and also know that Govt may enable priority arrangements for LagosRaide and restrict other e-hailing platforms from operating in some places. Govt be give some reliefs to LagosRide to make it more cost competitive

2. If 1.8m is just 20% of the vehicle, that means the actual cost o the car is 9m even even if it's more than brand new who cares?- Have you considered wear and tear, maintenance and consumables? Most of the Uber cars I see around are suffering from one wheel problem or the other due to wear and tear and lack of maintenance. You find situation where Uber ride investment hardly last beyond the second year

3. Please multiply 8,709 daily by 365 days. This means in a year, the driver would have paid 3,178,785. Now multiply just 3m by 4 years and it follows that the driver would have paid 12m and worked for 4 years to own the car. Now, the car cost 9m and you will pay 12m over 4 years. - Bros, with inflation and other attendant costs, the car will not cost 9m in 4 years.....

4. If the e-hailing platform charges between 10% and 25% commission,why can't the scheme that is claiming empowerment not charge below the 10% at least? - Lagos State Government never promised Father-Christmas on this scheme. Empowerment does not necessarily mean they bear the costs of other enablers. Pray tell, have you considered sustainability of the scheme? How will they maintain a sinking fund to produce more cards as the year goes by....

5. The 25% commission itself will also affect the driver's ability to read the daily remittance of 8,709.- ...except you're referencing the survey and data collected, this is conjecture. The proponent would have collected data that shows that after all deductions, the driver still get's to make a sizeable amount as profit.

6. With the above, can one consider the scheme empowerment or slavery?

7. In my honest opinion, I will prefer to do nothing than enslave myself with the arrangement even if I don't have an option. Do you also know that if in the course of working under the platform, there is high possibility that the car will be withdrawn from driver in the event not meeting the remittance repeatedly for whatever reasons even if genuine?- this is the pessimistic defeatist orientation of a poor mindset. Someone else will get on the scheme and will be looking at opportunities to payout early enough so that his margins can increase....

So after two years or so of labour the car can be taken away from you & if you go to the court the main contract terms and conditions will be read to the driver and will be all efforts wasted. Sad that some drivers won't read the contract word for word and even some that will do will still accept because they just want to start hustling as the saying goes.- Why even will you want to get into a transaction agreement and the first thing in your mind is when you will not honour the terms of the agreement?......

Cre: MFr
https://twitter.com/Imudia_se2/status/1496141513264357386?t=CBmNpEuscQj020Otf3WrxA&s=08

Previous thread https://www.nairaland.com/6997064/lasg-unveils-lagos-ride-scheme

Are individuals forced to apply ?

This is madness

PeaceJoyLove:
You are even bold to use that on someone you do not know. You are sick. You no well

I don't know where you get this from. Very funny. No... it's the ground you should focus on when riding. See eh... na that ground you go land. Does it make sense?

The exact poverty mentality. Lol. To me, a horse is a means of transportation, but to you, it is a means of showing wealth. Just like how it is today. Bro...when driving, open your door or window or whatever and don't focus. That ground you want people to focus on cos you want to make a point is what will kill you.

The way I see it. We think differently. And this is my exact point. Poor people will always think like you. But then, are most successful people born rich? Nope. But if they have your attitude, they will never aim at riding their own horses cos they will be like you. I pray for your deliverance.


We pray God blesses you a bit so you can work and stop having too much sex. This is the main point. It is not about the garbage you have typed. Very hopeless people will always use everything to defend themselves. This one is even using proverbs. Mehn! Your feet will be burnt here on earth and then burnt after death. Lol. Keep on having this useless thought. And na this kin person me a dey the same country oooo. Chai! See eh! Man needs to separate himself from these junks. How can one prosper with this kind of person? Imagine. He didn't say anything about the sex sex sex and food food food Nigerians are cursed with. His own is that the poor must survive.

I don't blame the rich who always separate themselves from rags. Later una go dey complain. Very hopeless way of thought.


I wish you luck. Don't ever mention me with your poor mentality. When I read comments like this, I know Nigeria cannot prosper. It is not a curse.

Readers, japa oooo. Leave his place for people like this. There is no hope with this kind of lifestyle and response. This person will think I am insulting him, hmmm. He won't understand. Someone who is already saying I am on a horse and looking down on people. Did you read it? This is the mentality when govt was destroying the shanties. They are just made to destroy good things. Better to part ways with this person and everyone in his category.

I pray for your deliverance.

It's always nice when you meet someone who is willing to have a civil discourse without resorting to whatever people resort to.
Cheers!

abdsamad:
It's always nice when you meet someone who is willing to have a civil discourse without resorting to whatever people resort to.
Cheers!

Poverty is not a situation to have civil discourse with. Never and Never. Na to beat you commot sharply. You return, to slap you anyhow so you dont have any slight chance to infect me. Poverty must die.

Poverty die die die.
I dont understand most of the indigenous lyrics here...but I hope you can find someone to translate it for you. All I know is poverty die die die.

Enjoy the song.

https://www.youtube.com/watch?v=NwV1VX7cCZc
Enter deliverance session. Feel free to contact me for your white garment.

In your next life, you will not use useless proverbs on people to relegate them so you can sound & look smart. That's poverty mind set also. Poverty die. Every angle you will chop back hand. Poverty must die. Affliction wont rise again.

PeaceJoyLove:
Poverty is not a situation to have civil discourse with. Never and Never. Na to beat you commot sharply. You return, to slap you anyhow so you dont have any slight chance to infect me. Poverty must die.

Poverty die die die.
I dont understand most of the indigenous lyrics here...but I hope you can find someone to translate it for you. All I know is poverty die die die.

Enjoy the song.

https://www.youtube.com/watch?v=NwV1VX7cCZc
Enter deliverance session. Feel free to contact me for your white garment.

In your next life, you will not use useless proverbs on people to relegate them so you can sound & look smart. That's poverty mind set also. Poverty die. Every angle you will chop back hand. Poverty must die. Affliction wont rise again.

Salud¡

olushowunm:
Its not possible to pay for 365 days a year in the real calculation...

So, you tell them you will pay in advance every Monday and request a discount paying 5 in 7.

Let us know how much you save.

I will rather get a clean golf 3, tokunbo maximum price 1.5 m. And be doing cabu cabu or drop, rather than enslaving my self with GAC motors, Chinese Cars that doesn't have second hand value.

quentin06:
True but will it last? GAC products like other chinko products don't last past 4 years.
Taxi business thrives on cost reduction, asking a 3rd party govt crony to service the vehicles already inflates the cost, 8 k daily remittance in the light of high fuel cost, reduced incomes for commuters makes the scheme unrealistic and unsustainable.

There is more to this vehicle than what is being portrayed. I use Gac as my official car. Though the car is not bad, I can tell you that an average Nigerian cannot maintain that car. The maintenance cost is so outrageous. The gear alone is over 2 million naira. You will only be lucky if the parts are available in Gac's warehouse in Lagos else, you will have to wait for about 3 months so they can order from china.

Toluoluseyi:
There is more to this vehicle than what is being portrayed. I use Gac as my official car. Though the car is not bad, I can tell you that an average Nigerian cannot maintain that car. The maintenance cost is so outrageous. The gear alone is over 2 million naira. You will only be lucky if the parts are available in Gac's warehouse in Lagos else, you will have to wait for about 3 months so they can order from china.

See what I mean?

Hello my people, it's 6months already. I want to know if this LAGRIDE is still modern slavery as claimed some members here.
Do we have any driver that can share his/her experience here?

Modern day slavery. I used the funds I had to collect Camry from Autochek. Now I have recovered.
The friends I know who own Lagrides are friends of someone who knows someone in Government.

gentlevisuals:
Hello my people, it's 6months already. I want to know if this LAGRIDE is still modern slavery as claimed some members here.
Do we have any driver that can share his/her experience here?

Many of those I know using it have returned it.