10. Transport Business Management:
Transportation business is a very lucrative business in Nigeria if not for bad drivers!
Many people have passive capital they would have loved to invest in transport business, but with the stories of how drivers (bus, taxi, keke, okada) swindle owners who spent their hard earned money to acquire the car, bus, keke, or bike they are driving is enough to discourage people from investing in this business.
Now, every problem in the society creates an avenue to become rich for smart thinkers in that society.
So to cash in on this problem of bad drivers, you can liaise with your church pastor or imam to set up a transport management business, targeting your church members as first clients.
With your pastors or imam’s good reputation, members will most likely invest.
Now, you will need to find a way of hiring only credible drivers with traceable personal information….in case he decides to misbehave.
I will also suggest you recruit drivers from your Church or Mosque….shame won’t let them mess up.
Follow them up on hourly basis….morning, mid-day and evening to ensure all is well with the asset (vehicle, bike or keke).
How you will make money from this?
You will charge every transporter a monthly management fee….the driver will pay to you, and you remit back to the owner of the car, keke or bike, after deducting your own agreed monthly management fee.
Someone I know charge ₦20,000 for keke, ₦30,000 for bus (danfo), ₦50,000 for LT bus.
I will suggest that you also insure the asset.
The game here is to get as many vehicles and tricycles (keke) as possible to manage.
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