₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,198 members, 8,434,596 topics. Date: Friday, 26 June 2026 at 10:24 PM

Toggle theme

How Lucrative Is The Transportation Sector?? - Investment (5) - Nairaland

Nairaland ForumNairaland GeneralInvestmentHow Lucrative Is The Transportation Sector?? (29446 Views)

1 2 3 4 5 6 Reply (Go Down)

Re: How Lucrative Is The Transportation Sector?? by AleAirHub(m): 6:58am On Oct 02, 2018
Thanks but I really need this kind of juice honestly speaking grin grin grin
Turkeelex:
best analysis so far, use this juice push that food go down.......
Re: How Lucrative Is The Transportation Sector?? by agarawu23(m): 7:54am On Oct 02, 2018
Kaymaxi2222:
please enlighten me bro I dey lag too and I wone go into transportation biz I just lost my job but I have a Mitsubishi space wagon which I wone you for the biz please advise me
i am not a pro in the line too but I think with your space wagon u can start chatter trip depending on your location. If you are driving it yourself, u will make your money bro.
Re: How Lucrative Is The Transportation Sector?? by makazona(m): 7:55am On Oct 02, 2018
TissuePaper:
okay...thanks for the nice words of advice
Nice plans but PH to Bayelsa is not up to 1000 o.
Re: How Lucrative Is The Transportation Sector?? by agarawu23(m): 7:56am On Oct 02, 2018
TissuePaper:
what? 7-8k per day is too much, what exactly are we paying for shocked
seems u don't understand me, driver deliver 7-8k daily to the bus owner not what u are paying.
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 8:05am On Oct 02, 2018
agarawu23:
seems u don't understand me, driver deliver 7-8k daily to the bus owner not what u are paying.
okay I misunderstood you, but I thought the daily returns from your Driver is More than 8k, I was thinking 10-15k
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 8:07am On Oct 02, 2018
makazona:
Nice plans but PH to Bayelsa is not up to 1000 o.
it's actually 1k but that's if you are taking the park buses and not the danfo buses that follow the freeway
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 8:15am On Oct 02, 2018
Ten06:
The guys that manage the park will not come out of their office to announce for passengers to know that your bus is loading to PH, it is the touts who will continue to announce, persuade, and arrange the luggages. After the bus must have been fully loaded, luggages arranged, it is the touts that will collect the fare from the passengers and remove the park commission which the percentage is already known by all before handling the remainder to you. Before now it was 25% but I don't know the current percentage. After then the touts will demand settlement from you for all their effort they put in loading your bus. If you don't give them they will just grumble and leave you but when next you come to load they will leave you to do everything to load your bus. Mark you, you won't be able to load the bus yourself because Passengers consist of the good the bad and the ugly. Passengers are mostly afraid of the touts but they won't be afraid of you nor respect you so you may likely be beaten by one. After then when you get to the park gate before you will be allowed to pass they will give you the tickets and you will pay before leaving.
Then on your way you will encounter police and road safety and if by chance your vehicle is found to be lacking something like fire extinguisher etc or your fire extinguisher has expired without you knowing you will have to settle and the settlement is not less than 1k. And on getting to PH, let say a passenger is dropping at rumuokoro you will have to drop him inside the park and pay for discharging ticket and if you drop him outside the park and obio-akpo task force get you there your own is finished, they will take you to their secretariat after robbing you of what is in your pocket there and will make you to pay not less than 25k before your bus will be released. Bro, I'm not discouraging you but transportation business is not like the way you think.
I also dreamt of becoming a millionaire within a short time before I went into transportation but I thank God that I was able to come out alive
ahn ah, this is very raw and dreadful, especially your last sentence, so how much we're you making in a day after all these deductions ?
Re: How Lucrative Is The Transportation Sector?? by boyjo: 8:15am On Oct 02, 2018
Gagare1:
Brother, the transport business is very lucrative if, and only if, you drive your vehicle yourself. I owned a sharan minibus about a year ago, and I can confidently tell you that I made about 10,000 naira daily travelling from Kano to Abuja (Zuba) and back. This figure is after fuel, union, men in black, and meals are accounted for. I placed myself on a daily salary of 3,000 naira while 7,000 was kept for business expansion. I lost the vehicle barely two months after buying it when my brother condemned it in an accident due to recklessness. Transportation is good, lucrative and without chains from bosses if you manage it yourself. But if you get a driver, that person can ruin you completely. I learnt this lesson the hard way. Now am back to square zero (unemployed) because my NYSC savings was what I used to buy the vehicle.
Just like that? Is your brother not planning a replacement?
Re: How Lucrative Is The Transportation Sector?? by Ikegod89(m): 8:53am On Oct 02, 2018
No doubt is lucrative, but not with its challenge.
For intending to drive it yourself is good, but know that its a hostal environment because the boys will shake you when they notice you are a novice, but why spend that much when #700000 can get you a bus that will give you #15000 per day.
Re: How Lucrative Is The Transportation Sector?? by agarawu23(m): 9:01am On Oct 02, 2018
TissuePaper:
okay I misunderstood you, but I thought the daily returns from your Driver is More than 8k, I was thinking 10-15k
LT bus which is 27 passenger delivers 15k daily in Lagos
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m): 10:31am On Oct 02, 2018
Lol @replacement. Dude cannot even afford a trip from Kano to Zuba from his own pocket. He is my senior, hence, I was forced by my parents to allow him drive the vehicle for some days in a week, because he returned from his own NYSC without a dime to his name, despite the fact he served in a place where he earned almost twice as I did. Dude was unemployed, proud and waiting for manner from heaven. That decision by my parents almost got me killed by hopelessness. This is because it took me three years of menial jobs including my NYSC to save enough for the car.

Dude did not even apoligize for what he did talk less of replacement. Everyone was more concerned about the fact that he survived the accident while I was left to drown in sorrow. That was when I knew that my fiancee is indeed the right woman; she stood by me and gave me a reason not to take my own life. She never knew I was suicidal at the time anyway.

Sometimes the shoulders to cry on are not blood relatives.

Well, am trying to put that behind me because I have a future to build. Life does throw some of those hard times at people, how you handle them determines whether you can learn from them or allow them to destroy you.
boyjo:
Just like that? Is your brother not planning a replacement?
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 11:11am On Oct 02, 2018
Ikegod89:
No doubt is lucrative, but not with its challenge.
For intending to drive it yourself is good, but know that its a hostal environment because the boys will shake you when they notice you are a novice, but why spend that much when #700000 can get you a bus that will give you #15000 per day.
700k cannot get me a standard bus... Unless you are talking about me getting those danfo buses, which is a no no for me.
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 11:13am On Oct 02, 2018
Gagare1:
Lol @replacement. Dude cannot even afford a trip from Kano to Zuba from his own pocket. He is my senior, hence, I was forced by my parents to allow him drive the vehicle for some days in a week, because he returned from his own NYSC without a dime to his name, despite the fact he served in a place where he earned almost twice as I did. Dude was unemployed, proud and waiting for manner from heaven. That decision by my parents almost got me killed by hopelessness. This is because it took me three years of menial jobs including my NYSC to save enough for the car.

Dude did not even apoligize for what he did talk less of replacement. Everyone was more concerned about the fact that he survived the accident while I was left to drown in sorrow. That was when I knew that my fiancee is indeed the right woman; she stood by me and gave me a reason not to take my own life. She never knew I was suicidal at the time anyway.

Sometimes the shoulders to cry on are not blood relatives.

Well, am trying to put that behind me because I have a future to build. Life does throw some of those hard times at people, how you handle them determines whether you can learn from them or allow them to destroy you.
wow..really touching, I know how it feels though.. But you have my good wishes, you'll bounce back soon enough
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m): 11:16am On Oct 02, 2018
I believe so too. Thank you for your kind words and wishes.
TissuePaper:
wow..really touching, I know how it feels though.. But you have my good wishes, you'll bounce back soon enough
Re: How Lucrative Is The Transportation Sector?? by boyjo: 11:23am On Oct 02, 2018
Gagare1:
Lol @replacement. Dude cannot even afford a trip from Kano to Zuba from his own pocket. He is my senior, hence, I was forced by my parents to allow him drive the vehicle for some days in a week, because he returned from his own NYSC without a dime to his name, despite the fact he served in a place where he earned almost twice as I did. Dude was unemployed, proud and waiting for manner from heaven. That decision by my parents almost got me killed by hopelessness. This is because it took me three years of menial jobs including my NYSC to save enough for the car.

Dude did not even apoligize for what he did talk less of replacement. Everyone was more concerned about the fact that he survived the accident while I was left to drown in sorrow. That was when I knew that my fiancee is indeed the right woman; she stood by me and gave me a reason not to take my own life. She never knew I was suicidal at the time anyway.

Sometimes the shoulders to cry on are not blood relatives.

Well, am trying to put that behind me because I have a future to build. Life does throw some of those hard times at people, how you handle them determines whether you can learn from them or allow them to destroy you.
I`m so sorryr.
I thank God for your this your mindset and for your Fiancee who stood by you.
I feel so angry right now at the attitude of everyone else.
Well, it`s past.

Then, I also think you should let her know the gravity of the state of your mind at that point now.
Why I say this is because it would encourage her to follow her intuition to offer you comfort when she is prompted from within.
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m): 11:55am On Oct 02, 2018
Very true about your last statements. My experience with her made me realize that women in general have a way of sensing things even when they are kept from them, unless if they chose not to pay attention. It baffles me how a 23 year old lady that is unemployed, broke, and from a relatively poorer background can chose to enter the mud to support a broken, broke and hopeless guy. She was burrowing credit just to make sure we talk, because she knew I was barely eating. She could have chosen to abandon me for other suitors, but she didn't.

When I recently told her how I battled with suicidal thoughts she was alarmed. She looked at me and said "You would have finished me. Was the car more important than me that you even contemplated taking your life?" I felt so bad that I had to apologize for even thinking of suicide.
boyjo:
I`m so sorryr.
I thank God for your this your mindset and for your Fiancee who stood by you.
I feel so angry right now at the attitude of everyone else.
Well, it`s past.

Then, I also think you should let her know the gravity of the state of your mind at that point now.
Why I say this is because it would encourage her to follow her intuition to offer you comfort when she is prompted from within.
Re: How Lucrative Is The Transportation Sector?? by boyjo: 12:03pm On Oct 02, 2018
Gagare1:
Very true about your last statements. My experience with her made me realize that women in general have a way of sensing things even when they are kept from them, unless if they chose not to pay attention. It baffles me how a 23 year old lady that is unemployed, broke, and from a relatively poorer background can chose to enter the mud to support a broken, broke and hopeless guy. She was burrowing credit just to make sure we talk, because she knew I was barely eating. She could have chosen to abandon me for other suitors, but she didn't.

When I recently told her how I battled with suicidal thoughts she was alarmed. She looked at me and said "You would have finished me. Was the car more important than me that you even contemplated taking your life?" I felt so bad that I had to apologize for even thinking of suicide.
Awww..you need to see the way my eyes filled up with tears at these your last lines.
I`m so glad you told her. smiley smiley smiley
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m): 12:16pm On Oct 02, 2018
I am glad I told her. I now realize that with the right person beside you, life is worth living. The right person will be like a rocket for you; giving you the momentum you need to fly. The good thing about life is that, when you find the right person and you both are flying, those on the ground will not be able to tell the different compartments that make up the flying body; you fly as a whole. We now plan and look forward to a future, and one just cannot imagine that future without the other. Life is good with the right company.
boyjo:
Awww..you need to see the way my eyes filled up with tears at these your last lines.
I`m so glad you told her. smiley smiley smiley
Re: How Lucrative Is The Transportation Sector?? by Ten06(m): 2:20pm On Oct 02, 2018
TissuePaper:
ahn ah, this is very raw and dreadful, especially your last sentence, so how much we're you making in a day after all these deductions ?
Bro, after the day stress you will be so confused that you won't even think of how much you are making. Bros, commercial driving is for people who has no skills but must do something to sustain themselves. I will advise that you look for a good transport company who has been in the business for some time and hire the bus to them for them to add to their fleet, before now some of them use to pay 100k a month to the owner and also assign driver to the bus and will also take care of the bus in terms of maintenance.
Re: How Lucrative Is The Transportation Sector?? by boyjo: 4:01pm On Oct 02, 2018
Gagare1:
I am glad I told her. I now realize that with the right person beside you, life is worth living. The right person will be like a rocket for you; giving you the momentum you need to fly. The good thing about life is that, when you find the right person and you both are flying, those on the ground will not be able to tell the different compartments that make up the flying body; you fly as a whole. We now plan and look forward to a future, and one just cannot imagine that future without the other. Life is good with the right company.
Don't forget to shield her ALWAYS.
GOD is your strength smiley
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m): 4:04pm On Oct 02, 2018
You got that right.

Amen to your prayer.
boyjo:
Don't forget to shield her ALWAYS.
GOD is your strength smiley
Re: How Lucrative Is The Transportation Sector?? by deebsman1(m): 6:22pm On Oct 02, 2018
Gagare1:
Brother, the transport business is very lucrative if, and only if, you drive your vehicle yourself. I owned a sharan minibus about a year ago, and I can confidently tell you that I made about 10,000 naira daily travelling from Kano to Abuja (Zuba) and back. This figure is after fuel, union, men in black, and meals are accounted for. I placed myself on a daily salary of 3,000 naira while 7,000 was kept for business expansion. I lost the vehicle barely two months after buying it when my brother condemned it in an accident due to recklessness. Transportation is good, lucrative and without chains from bosses if you manage it yourself. But if you get a driver, that person can ruin you completely. I learnt this lesson the hard way. Now am back to square zero (unemployed) because my NYSC savings was what I used to buy the vehicle.
Sorry about your loss, am sure you will pick up back and soon but I think you should have thought of insurance then
Re: How Lucrative Is The Transportation Sector?? by Kaymaxi2222(m): 7:45pm On Oct 02, 2018
agarawu23:
i am not a pro in the line too but I think with your space wagon u can start chatter trip depending on your location. If you are driving it yourself, u will make your money bro.
I dey yaba side, and can you please enlighten me on it or can I message you on whatapp?
Re: How Lucrative Is The Transportation Sector?? by holysaint1(m): 12:01am On Oct 03, 2018
Gagare1:
Amen my brother. Thank you for your kind words. I am working hard and believing that I can rise again, even beyond my initial target. If I can pull through out of deep depression (even suicidal) then there is no mountain that I cannot overcome. I am working hard and smart. What doesn't kill one only makes one stronger.
bro can i av ur digits pls
Re: How Lucrative Is The Transportation Sector?? by Gagare1(m):
holysaint1:
bro can i av ur digits pls
Re: How Lucrative Is The Transportation Sector?? by holysaint1(m): 2:51pm On Oct 03, 2018
Gagare1:
08071757252
u can take it off nw.. Tnx
Re: How Lucrative Is The Transportation Sector?? by Thanks2God: 3:08pm On Oct 03, 2018
TissuePaper:
interesting analysis, so which one will you prefer? Park or running line? And why would you choose it specially over the other
Though in my area anybody that loads in a park hardly go more than one trip in a day.


But load in a park because of the following reasons

1. I owned the vehicle (bus)
2. I wan my vehicle to last for me.
3. Loading in park is far less stressful
4. Park load reduces harassment by agberu on the road.
5. Wan to maintain the high grade of the bus so that it can continue to be fit for chater to any part of the country.( chater is the easiest way to make money in transport business) one chater can give u 35k a day after fueling expenses

My vehicle is more of private use. because I run just one trip of about 1hr 40mins for both to and fro.
I come back home with not less than 5k everyday after all expenses which am OK with.

It all depends on how u wanna use your vehicle
Re: How Lucrative Is The Transportation Sector?? by TissuePaper(op): 7:34pm On Oct 03, 2018
Thanks2God:
Though in my area anybody that loads in a park hardly go more than one trip in a day.


But load in a park because of the following reasons

1. I owned the vehicle (bus)
2. I wan my vehicle to last for me.
3. Loading in park is far less stressful
4. Park load reduces harassment by agberu on the road.
5. Wan to maintain the high grade of the bus so that it can continue to be fit for chater to any part of the country.( chater is the easiest way to make money in transport business) one chater can give u 35k a day after fueling expenses

My vehicle is more of private use. because I run just one trip of about 1hr 40mins for both to and fro.
I come back home with not less than 5k everyday after all expenses which am OK with.

It all depends on how u wanna use your vehicle
thank you... But 5k per day is small o, is there a way that I can make like 20k per day?..

Also what do you have to say about this comment
Ten06:
The guys that manage the park will not come out of their office to announce for passengers to know that your bus is loading to PH, it is the touts who will continue to announce, persuade, and arrange the luggages. After the bus must have been fully loaded, luggages arranged, it is the touts that will collect the fare from the passengers and remove the park commission which the percentage is already known by all before handling the remainder to you. Before now it was 25% but I don't know the current percentage. After then the touts will demand settlement from you for all their effort they put in loading your bus. If you don't give them they will just grumble and leave you but when next you come to load they will leave you to do everything to load your bus. Mark you, you won't be able to load the bus yourself because Passengers consist of the good the bad and the ugly. Passengers are mostly afraid of the touts but they won't be afraid of you nor respect you so you may likely be beaten by one. After then when you get to the park gate before you will be allowed to pass they will give you the tickets and you will pay before leaving.
Then on your way you will encounter police and road safety and if by chance your vehicle is found to be lacking something like fire extinguisher etc or your fire extinguisher has expired without you knowing you will have to settle and the settlement is not less than 1k. And on getting to PH, let say a passenger is dropping at rumuokoro you will have to drop him inside the park and pay for discharging ticket and if you drop him outside the park and obio-akpo task force get you there your own is finished, they will take you to their secretariat after robbing you of what is in your pocket there and will make you to pay not less than 25k before your bus will be released. Bro, I'm not discouraging you but transportation business is not like the way you think.
I also dreamt of becoming a millionaire within a short time before I went into transportation but I thank God that I was able to come out alive
And this one
Ten06:
Bro, after the day stress you will be so confused that you won't even think of how much you are making. Bros, commercial driving is for people who has no skills but must do something to sustain themselves. I will advise that you look for a good transport company who has been in the business for some time and hire the bus to them for them to add to their fleet, before now some of them use to pay 100k a month to the owner and also assign driver to the bus and will also take care of the bus in terms of maintenance.
They make me scared of going into the business..how true is it.?
Re: How Lucrative Is The Transportation Sector?? by Thanks2God: 5:12pm On Oct 04, 2018
TissuePaper:
thank you... But 5k per day is small o, is there a way that I can make like 20k per day?..

Also what do you have to say about this comment

And this one


They make me scared of going into the business..how true is it.?
Transport is not an easy or gentleman business
Be ready to face the intimidation as a novice. I almost got frustrated by agberu wahala wen I newly started ( that's y u need proper tutoring on the dynamics of the business)

The amount you make per trip depends on the distance of the route you plying.
Longer journey earns you more money with higher risk.

For more inquiry Call me on 08061126897
Re: How Lucrative Is The Transportation Sector?? by JonnyConnection: 8:31am On Oct 13, 2018
engwari:
Very lucrative if only
1. You are the driver of the bus, they will finish you.
Don't be surprised that the driver will tell you he is not driving your bus/car again in less than a year, because he has bought his own bus with your money.

2. Except you be ready to arrest and re-arrest even after signing undertaken.Aside that those crazy drivers and motorboy will milk you dry, except at some point you're ready to become heartless by paying extra to arrest those cheats and keep them behind bars for as long as it takes for their families to cough-out stolen fun

3. If you are the driver
Be warned.
Re: How Lucrative Is The Transportation Sector?? by NoContract(m): 10:16am On Mar 29, 2019
TissuePaper:
Please nairalanders I need you guys to share your views on how lucrative you think the transportation sector is, especially the gurus in the business.

I'm thinking of buying a fairly used Toyota Hiace bus which costs about 3.5 million naira and I think it's a fair deal considering the profit I think I'll be making every day.

The bus should have 18 seats so that gives me 18,000 naira per trip, I'm thinking of plying interstate from port-Harcourt to Bayelsa which costs 1 thousand naira per person.

Therefore, if I can be able to make 4 trips in a day that gives me about 72000 naira returns everyday, giving me about 2.1 million naira per month.

Pardon me... I just did this little mathematics out of naivety as I do not really know the complexity of the transport sector, that is why i need your views, opinions and advice so that I don't hurt myself in the end.

However, if everything is as it seems then I think I would have to invest massively in the transport sector smiley
Hello, did you eventually start? i am also working on a small transport business and i will need your imput. Can I have your whatsapp number please? Or can you send me a message on whatsapp by clicking this link [url]/2348066352819[/url]

I need your advice on some things please. Thanks.
Re: How Lucrative Is The Transportation Sector?? by tyup(m): 7:13pm On Jun 20, 2019
Luciferlove:
Oga tissue paper I hail oh!!!

So the bus won't break down...agbero will not collect there cut....police will not take there own...After work,you'll now tell your conductor "thank you oh...come on time tomorrow" and above all you will be running your bus on solar... Oga do the math again
This one mad o grin

1 2 3 4 5 6 Reply

I Want To Invest 3 Million In Keke Business… Please How Lucrative Is It?How Lucrative Is Battery BusinessHow Lucrative Is Transportation Business?234

Woman Flees Home After Using Customers N4.5m For Failed MMM DealCBEX Resumes Operations Despite SEC Ban, N1.2tn EFCC ProbePonzi Scheme GMG Has Finally Crashed.