₦airaland Forum

Prophit:
My friend is an agent. For some two years now he has only been getting money from people looking to rent houses.

Nothing serious. Just some 10k here, 25k there etc. (you know this agent business, sometimes up to 5 agents share the spoils on a single house)

Now fast forward to two weeks ago, he was part of a land deal and got over 800k as his portion.

He was able to save 400k from the beginning of the year till now.

So he wants to add his 400k to the 800k and buy second hand keke of 1.2m

He is doing this because he heard that keke riders make up to 300 to 400k a month.

I don't know for any other location, but I know that in uyo the type of lives keke riders live doesn't depict 300k monthly earnings. (I might be wrong)

I am not looking down on any body so please spare me all the dignity of labour activism.

I honestly want to know, can keke riders make such amount of money monthly?

It all depends on his location and how busy that area is. Keke drivers made over 300k every month. But, he should make sure the Keke is in good condition.

Goldrosewine:
Be truthful and come out clean sir😊

By the way I think those riders make up to that or more depending on region and how they work. Don't use people's lifestyle to judge their bank balance, alot of them drink alot, they spend on several women carelessly, some are paying back the over inflated lease on their tricycle and some save up judiciously for a more serious future project.

Besides, riding doesn't stop you from doing your agency work does it? It only gives you more options.

However, reality check🥲 All businesses have their downtimes. Everyday can't be christmas.🥲

I wish you goodluck with it❤️🙌
When you start making it, value the woman in your life, not the street girls that don't see you now.

Rose Gold 🍷

Are you single? I'm open to a serious relationship and intelligent too, I work and I have business. We will make a good couple and have brilliant and intelligent up spring. What do you say? What's your location? Let's not waste time, let's get to know each other and if all is well we can proceed. Respond pls

Prophit:
My friend is an riders make such amount of money monthly?

oga use your money to buy okada and if you are in a good place like Lagos, go into dispatch, buying keke (2nd hand) to me is a waste of resources.

gucci20:
good condition.

Good condition? Have you seen a good 2nd hand keke before? Even the new one has a pack up time.

150k should be fair only if you are a good saver. Outside of that nothing much going on. Keke is best as a side hustle.

If you stay in Port Harcourt and you're not remitting to anyone, you can make up to 500k monthly or more riding anything, bus, Keke, taxi, truck. The market here is huge and profitable. But if it is Uyo, I don't know.

Prophit:
For 1.2 million Naira?

Yes sir/ma.

If your location is different from Lagos, it's possible. Infact you can earn more depending on how crowded the place is but you see Lagos, Agbero will frustrate you with billing.

budaatum:
On average, I very much doubt it, not after expenses like petrol, tyres, brake pads, repairs, etc., and health, theft, and accidents, which can put one out for weeks and even total the second hand keke, and therefore zero income.

But I must confess my absolute and complete ignorance here, and am only responding in appreciation of the mind and thoughtfulness that has made you ask, and which I find to be very commendable indeed.

I hope more knowledgeable people provide better answers so I too may learn.

300k - 400k per month you say, that's serious Lamba

Na only him get Keke for uyo

Also he wan buy second hand Keke, am not saying it's bad, but with second hand, maintenance expenses is more

But fair combination with agency work

calabaman:
It's possible.

I know of a bike man who has built his house in ikot ekpene, akwaibom

Paid for another brand new bike and is living well.

Not many graduates here can boast of a bicycle talkless of a bike or minibus in my location.

If I were your friend, I may have opted for a minibus for longer reach.

Lolzzzzz 🤣

Is it that you people are just gullible or appreciate lies more

man build house in this tinubu economy, and his work is okada

How come

oyeb15:
There is no easy way to make money in Nigeria. Have been in transportation for some time now.Its dominated by people who don't go to school and u must roll with them else they will humble you. Later, u will be reasoning like them.
Then,when u do all these driving work for some time as a graduate and u are reaching 40+, something will be speaking quietly into ur mind daily dat... is this d kind of work u want to be doing till old age...why did u go to school... Instead of you to be using brain to make money,u are using muscle and sweat.

Me am desperate for government job right now.I have straighten up my certificate.

If u earn 80k monthly u should learn ways to turn that 80k to 500k in a month.

Unfortunately this is the situation of nigeria

As a graduate in nigeria, and the grace of God don't shine on you, in this nigeria, mehn

Sonnobax15:
. Bro, money dey Keke business.

I'm speaking from a 4 years+ experience.

But then again,if na second hand keke bro,my hand no dey.

The second Keke I bought with my own 1.5M earlier this year,I spent over 600k just to put it in order... But unfortunately,it couldn't work out well and I ended up in debts of 150k..... Later sold it out for 750k..... Oya imagine the huge lost I encountered...Na why I wash my hands totally from anything that has to do with Keke......in fact,if anybody come my front come mention Keke,I dey consider such person to be my enemy 😡

So,I wouldn't even advise an enemy of mine to go down that route let alone a brother man.....

My two cents tho ✌️

Read what you wrote again


Two sided...

Please stay one place

All these speculations are false... Don't try second hand Keke otherwise your license to old age will start at 20s... 500K monthly is not realistic just chilled and lower the expectation to 100K is possible but Police, NSCDC, Nafdac, Army, Air force, Road safety, VIo, Vigilante, SSS, NDLEA, DSS and others will be looking for you if I'm lying try Keke business and see you have to be dodging them at any course... Ha... Keke and securities exchange is 5&6...

Zocalite:
Also he wan buy second hand Keke, am not saying it's bad, but with second hand, maintenance expenses is more.

I thought so too.

If keke can be delivering 7-10k on a daily basis, now imagine if he owns the keke

Are there no bills to be paid in the keke riders homes? Won't they feed themselves and their families? How about house rent ? How about school fees for the kids? How about other expenses they will incur? What is the profit made at the end of the day?

People in transportation business make money. Local transport like okada and keke. The problem is usually poor prior knowledge, followed by womanising and alcohol.

pocohantas:
People in transportation business make money. Local transport like okada and keke. The problem is usually poor prior knowledge, followed by womanising and alcohol.

izzou you see ya life?

TheBizMsn:
He should buy an acre of land and do everything to plant at least 200 plantain trees and 100 Coconut trees. Any money he makes again should go into gradually fencing and gating it. He will be in a very good place in 2/3 years.

Sound advice. So many pathways to wealth.

Prophit:
My friend is an agent. For some two years now he has only been getting money from people looking to rent houses.

Nothing serious. Just some 10k here, 25k there etc. (you know this agent business, sometimes up to 5 agents share the spoils on a single house)

Now fast forward to two weeks ago, he was part of a land deal and got over 800k as his portion.

He was able to save 400k from the beginning of the year till now.

So he wants to add his 400k to the 800k and buy second hand keke of 1.2m

He is doing this because he heard that keke riders make up to 300 to 400k a month.

I don't know for any other location, but I know that in uyo the type of lives keke riders live doesn't depict 300k monthly earnings. (I might be wrong)

I am not looking down on any body so please spare me all the dignity of labour activism.

I honestly want to know, can keke riders make such amount of money monthly?

Does your friend have an office?
Tell him to ugrade.
Have a nice office and read good books on the business.
Realtor business is big business.

Lanretoye:
That keke makes average of 30k to 50k daily,depends on location.thats why i pity those crying that there are no jobs…30k multiply by 30days a month is what you will earn if you are a serious minded persondeath trap right?…life itself is not a dungeon?,government will come and give you job

I remember my days riding Bolt. You’d see ₦100,000 on the Bolt dashboard and think you’ve made money, but when you check the actual cash in your hand, it’s barely ₦20,000–₦30,000.

Why? Because reality hits hard. Bolt takes its commission first. Fuel collects its own share. Car maintenance is constant oil, tyres, repairs. Then there’s police “settlement”, unexpected road issues, and even the food you eat just to survive the day.

By the time all these expenses are deducted, the big figure on the dashboard is just an illusion.

This is exactly why keke (tricycle) driving in Nigeria is often not as profitable as it looks from the outside.

People see daily cash flow and assume drivers are making serious money, but they don’t see the hidden costs. Daily levies to unions, local government tickets, police harassment, frequent breakdowns, rising fuel prices, and personal upkeep all eat deep into earnings.
At the end of the day, what looks like good turnover is not the same as real profit.

Many keke drivers are just circulating money, working long hours, taking health risks, and still struggling to save or grow.

The hustle keeps you busy, but financially, it barely moves you forward.

zagorakis:
People will discourage you in life but pay no heed to their discoragement. Do not let your 1.2m go to waste, go and buy your keke and ride it yourself.
It is better to try and fail than not try at all.
You must be stubborn to succeed in life.
I rest my case.

supported.the biggest risk in life is not taking any risk at all

Prophit:
My friend is an agent. For some two years now he has only been getting money from people looking to rent houses.

Nothing serious. Just some 10k here, 25k there etc. (you know this agent business, sometimes up to 5 agents share the spoils on a single house)

Now fast forward to two weeks ago, he was part of a land deal and got over 800k as his portion.

He was able to save 400k from the beginning of the year till now.

So he wants to add his 400k to the 800k and buy second hand keke of 1.2m

He is doing this because he heard that keke riders make up to 300 to 400k a month.

I don't know for any other location, but I know that in uyo the type of lives keke riders live doesn't depict 300k monthly earnings. (I might be wrong)

I am not looking down on any body so please spare me all the dignity of labour activism.

I honestly want to know, can keke riders make such amount of money monthly?

I was in Aba, last week and met with a young man riding Keke for a living. He was making returns on a hired purchase Keke by paying N85k per week. I thought it was ridiculous, but he said he will meet up and this wasn't his first year.
He categorically stated that he normally makes within 15k to 25k daily in Aba....
If he follows his regular routine of getting up by 5am and rest 1 hour at noon. He makes more than N300k monthly in conclusion

I had 3 Keke's that I did hire purchase with the purchasees for. They all complained bitterly about maintenance cost. Although they loved overloading frequently on market days.
If you want my advice, I'll say go for a korope(minibus). Go for an old model and manual drive. ROIs are much higher, maintenance cost lower and far less stressful. Your take off capital is enough for a hire purchase agreement with the purchaser.

In akure here ondo state they make up to 500 in a month

MrDoGood:
Read what you wrote again


Two sided...

Please stay one place

lol

Prophit:
1.7m no small oh.

U go dey drive for person for how many months

even if na 150k e dey get every month na total of 1.8 in a year....dat second hand Keke fit don work for almost 4yrs ... calculate am na

Zocalite:
Lolzzzzz 🤣

Is it that you people are just gullible or appreciate lies more

man build house in this tinubu economy, and his work is okada

How come

Call it what you may my brother.

But the fact remains the same

The guy has built a house for all to see, he has no rich bro/uncle overseas but rides his bike from 5am to late.

I know him and can say that's all he does.

Now, the question is: how many young graduates or teachers can boast of same at the age of 36?

I know a teacher that earns: 40000 (well let's leave the disparity in income btw graduates and so called menial workers) for another day.

charlisco:
Yes, i hv keke, I'm base in warri Delta state.

Monday to thursday
I make minimum of 18-24k per day

Friday to saturday
Minimum of 20-30 per day

It depend on ur energy.


Rushing hours
You can make 5k-10k for just 3hrs
Going and coming

I run away from teaching job.

charlisco, one of the richest Igbo man in warri that lived in Edjeba who later relocated to Lagos many years ago.
Bros I greet you, may your days be long

Lol, not just Keke but money dey transportation business generally. I say this with full confidence that depending on the location he chooses to be commuting people..like someone here said, 10k per day for 30 days after all other miscellaneous expenses have been sorted...he can make that and more. But second hand Keke is called second hand for a reason o😄

calabaman:
Call it what you may my brother.

But the fact remains the same

The guy has built a house for all to see, he has no rich bro/uncle overseas but rides his bike from 5am to late.

I know him and can say that's all he does.

Now, the question is: how many young graduates or teachers can boast of same at the age of 36?

I know a teacher that earns: 40000 (well let's leave the disparity in income btw graduates and so called menial workers) for another day.

Rides from 5am to late

Lolzzzzz 🤣

If you operate on a busy route and your keke runs on gas, it is possible to earn well over ₦10,000 daily. In fact, during a survey we conducted in Nasarawa State, some keke riders reported making as much as ₦25,000 per day. Their major complaint, however, was not low income but the burden of daily remittances to keke owners, who are often politicians.

Why not