NewStats: 3,259,424 , 8,170,058 topics. Date: Saturday, 24 May 2025 at 10:49 PM 6358z

Hmm

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

Don't try that rubbish business, unless you are ready to drive it by yourself.

I did the tricycle business during my university days in Awka. Drivers are among the most wicked set of people in Nigeria. They will be humble when begging for you to buy them the tricycle, but as soon as they start feeding well after you must have given them the tricycle, they will suddenly turn to Tiger, and will start seeing themselves as suffering for you. To remit their will suddenly become a problem, stories will start coming.

Funny enough, once you collect the tricycle and give to another person, the stories will likely continue and might even be worse. The 2nd person's story will largely be that the 1st person has k!lled the Keke finish with the way he handled it while using it. Terrible set of people.

To arrest the driver or his surety? That one is another long case. They once stole one of my tricycles back then. Fortunately for me, the driver was already finishing the Hire-purchase. Nevertheless, I still arrested him and his surety but nothing came out at the end of the day.

When I was doing that of okada, which I also did on Hire-purchase base, one of the boys got involved in robbery, luckily for me then, I had access to Police P.R.O then at state headquarters. One of the officers in his office followed me to SARS and brought out my bike with the influence of the P.R.O, while the boy continued with his robbery case. Assuming I had no such then, that's how I would have lost the bike or even get implicated. Let me not mention the few road accidents that occurred during both the okada and Keke days, that one is normal aspect of the business, though capable of skyrocketing ur BP if you are new or a weak type.

I heard that Keke is more than 3 million naira now, I wonder the kind of people who still risk their money on such rubbish business nowadays. Apart from the number of years it will take U to recoup ur capital, the business is equally highly risky.

For hire-purchase, the driver is expected to deposit certain percentage of the hire-purchase price before taking up the tricycle, but is that possible from someone who is dying of hunger and begging you for a means of livelihood? Like I said earlier, it's one of the worse business U will ever invest in, except if you want to drive it by yourself. Nevertheless, you can go ahead and give it a trial, destiny are never the same, and we also learn better from personal experience

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

Bike or keke business is good. I'm personally invested in such business. I have almost 10 bikes under my management and they all remit money on a daily basis.
I've been on it for close to 7 months now with less than 2 days of default.

I don't deal with the bike riders myself, instead I employed a manager who is very strict with them.

Any day you default, the bike will be taken from you. In a nutshell, I have my strategy and it's been working for about 7 months now.

The business is not for the weak.
i bought a golf for back then in the year 2010 for a transportation service which i gave it out to a part time pastor in Ibadan, after few months of regular delivery, it was one story to another which prompted me to start using it myself.
I also had similar problems given out bike on hire purchase..
so, pls comply with your mum advise..
Although, its a striving business provided you can get a good and God fearing driver or rider, some people flourish in the business by engaging a lawyer to prepare a solid agreement and proper monitoring....My advise though, the ball in your court.

dominique:
You'll never know how greedy and dishonest a great number of Nigerians are until you let them run your business. Pretty much everybody I know that dabbled into transport went into regrets. My mum one time bought 2 bikes and gave an area bikeman to run for her. He was remitting peanuts weekly while he was able to buy a bus from the proceeds of the bikes. Every week came with new excuses on why he couldn't meet up with the agreed target. As fate would have it, the bus he bought got into an accident on its first trip and got burnt to ashes. My mum eventually sold off the bikes after she got her capital back. This was back in the 90s before eyes open o. Now na thieves and armed robbers full street. Transport business you cannot personally handle yourself, don't dabble into it especially if you're female.

In transport business, the best bet is to make it a hire purchase. If you buy keke for 1.5 million, tell them to return 2 million in one year (that's 170k per month) and take the keke. They'll certainly deliver.

davidtuzy:
All U need is a Trusted and Responsible Driver ✅

Make Sure it has GPS Tracker and Comprehensive Insurance ✅

Dey play

Your Mum must have spoken from real life experiences of people she knows, or have heard of.
I ventured into the business in 2019 with two brand new Bajaj bikes, and I paid dearly for it. I only enjoyed 2-3 weeks of profit, thereafter, it was either one story or another.
Overall, it's not advisable to go into such business, unless if you think/feel your case will be different.
Good luck.

Abeg Abeg! Don't try it. Mine was a very bitter experience. I bought a bus and gave it to my own brother to deliver to my mom! Big mistake. He delivered in the first week to gain trust but then it's excuse upon excuse. Turns out he was side-saving out of the money to buy his own. The bus eventually packed up within a year and few months later, he'd bought his own korope lying that he was doing Ajo that no one , not even his wife could . Now when that one got spoilt after 2 years , he needed 500k to replace I think the engine or something then he had the gut to come to me for help. I cursed his life . The worst thing was that mom too was now begging on his behalf! I even suspected she knew about this move sef! Truth of the matter- Transportation is a bad biz except if you drive the vehicle yourself and don't trust anyone even your own family.

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

Ur Mum is absolutely right. I want to beg you in the name of God or whatever you believe in, do not attempt to buy keke, okada or korope for someone to do daily deliver for u, you will regret it. U can do hire purchase and make sure there's a legal agreement in it. Transporters are extremely wicked when it comes to delivery. They would only ne faithful for just one week and the next week, they would start misbehaving. Ever since I bought my Korope since 2021 as a side hustle, I drive it only at Night cos I go to the office in yhe morning's. I have never given it to any idiot to be driving or do delivery for me. My korope is still in a good condition, the engine has never been dropped once. I guve it a good maintenance and that's y it's still very useful till date. Also, I make at least, over 10k on a daily basis every night. Sometimes, I might not make up to that amount sha if there are no engers. For Lagos, people no dey sleep o cos u go still see commuters coming from the Island going home at night. Na late hour I dey do most times till maybe 11 or 12 midnight.

DadojoReloaded:


Bike or keke business is good. I'm personally invested in such business. I have almost 10 bikes under my management and they all remit money on a daily basis.
I've been on it for close to 7 months now with less than 2 days of default.

I don't deal with the bike riders myself, instead I employed a manager who is very strict with them.

Any day you default, the bike will be taken from you. In a nutshell, I have my strategy and it's been working for about 7 months now.

Dey play! I laugh in Tapa! I just pray that it's not the same manager that will collude with the bikemen to run away with them one after the other. I've heard stories, watched movies. I hope it continues to thrive - 7 months is still the honeymoon period btw lol

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

I tried with mini buses first bought one later 2 omo I regret it drivers want to finish me.Sold them off then I have peace of mind

DadojoReloaded:


Bike or keke business is good. I'm personally invested in such business. I have almost 10 bikes under my management and they all remit money on a daily basis.
I've been on it for close to 7 months now with less than 2 days of default.

I don't deal with the bike riders myself, instead I employed a manager who is very strict with them.

Any day you default, the bike will be taken from you. In a nutshell, I have my strategy and it's been working for about 7 months now.

You can't give a proper review of transport business with 7 months experience. To start with, you are yet to recoup ur investment capital with that 7 months. Such short duration is equally not yet enough time to experience the full scale maintenance aspect of the business, what U are currently encountering in 7 months is minor maintenance. So ur review is inconsequential for now.

Meanwhile, I'm not outrightly condemning the business for you though, but make sure u are equal to the task. Being equal to the task means being ready for case, because it will be occurring once in a while. If you are business inclined, there are far better businesses you would have done with that money, with peace of mind, and grow it big. I'm talking from experience.

I did transport business through out my school days. I started with Okada business during my ss3 in secondary school and grew it to tricycle business before I graduated from university. I bought my 1st bus for motor business before l left for NYSC camp. Before I finished my NYSC, I still bought Golf-3 which I gave out for taxi. It was after my NYSC that I removed my hand from the business and moved to Lagos.

I wouldn't want to believe that u grabbed money from somewhere and rush to invest on bikes, probably because of what ur supposed manager must have told you. On a normal ground, you suppose to start with 1 or 2, and run it for a full one year before injecting more capital into the business, which would have enabled you to get proper feasibility study of the business.

Ensure you have a serious at police, because you will likely be needing it soon

Mine is going well...
Just pray to get a good driver, walahi u will enjoy the business

If you follow the impression of people about transportation business you will fail before you even start .


Every business have it emotions and patience mind .

Learn how to manage any types of people and their demon/greed

Dandsome:
It depends on your arrangement.

There's a company that runs a transport business where they give you car to do whatever transport business you want.

I know of suv for now.

They fuel it, do any maintenance on the vehicle, do all papers for the vehicle. The driver's own is to drive and remit about 50k daily.

Sunday is work free day (meaning the driver can work with the car and keep all the money for the day)

Some guys have been using it to do Uber work.

But the issue is that you can't fail to pay daily

Does it have a name?

Pootle:
transport business is good when you operate the vehicles yourself, you blame the drivers but i bet you its not an easy sail for them too, i help a family friend with a supply van years back as a fresh graduate my eye see shege i even had to call my mum on one occasion to assist me buy a tire the spare was bad as well, the owner did not understand what i was going through probably think am lying or seeking excuse not to remit

exactly, I think the challenge here is there are two many financial pressure on either the bike or the car from the owner and driver, so if you use them everyday without adequate maintenance and servicing they depreciate very fast and become a financial burden rather than money making, so the drivers usually wants to cash out before it knocks down completely, infact some of them will even be using your delivery money to go to babalawo and start charming you. They are that terrible.

One of my first major loses in business was transport business

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

I know you may not hear sha

But abort mission. Buy land instead

Except you’d be the person riding the motorcycle or tricycle. Best you use your money for a nice vacation . Even if it’s your pastor. Quit the idea asap .

davidtuzy:
All U need is a Trusted and Responsible Driver ✅

Make Sure it has GPS Tracker and Comprehensive Insurance ✅

Someone talking from the moon

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

Forget Nairaland advice an listen to your mother cos what she can see sitting down,you won’t see it even when you climb the tallest iroko tree 🌲. My dad had 5 vehicles for transport biz and it turns out to be a bad investment for him cos a driver ran away with one,the other had an accident with one and it was a completely damaged,other drivers wrecked the vehicles to drop his key and start buying theirs.
Lesson learnt: investing into transportation biz isn’t a bad idea if you want to handle it yourself,I tried it with my personal car on part time basis when I needed urgent cash once and trust me,it makes a whole lot of sense.

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

Don't even try it, that business is only fit, if you are the one driving it. I repeat, don't even try it

Satazaa:
exactly, I think the challenge here is there are two many financial pressure on either the bike or the car from the owner and driver, so if you use them everyday without adequate maintenance and servicing they depreciate very fast and become a financial burden rather than money making, so the drivers usually wants to cash out before it knocks down completely, infact some of them will even be using your delivery money to go to babalawo and start charming you. They are that terrible.

true, if the owner operate it their self they can easily make repair when necessary and face all the road challenges, imagine you have not made up to deliver money then police or lastma catches you then you bribe your way and the owner expect his full remittance from where will that come from

SmartPolician:


In transport business, the best bet is to make it a hire purchase. If you buy keke for 1.5 million, tell them to return 2 million in one year (that's 170k per month) and take the keke. They'll certainly deliver.

Even at that, they will still frustrate you. The bikes my mum bought were for hire purchase, the bikemen would take ownership of the bikes after they've remitted a certain amount within 2 years. The only way they'll behave is if they know you have strong police and military backing that can smoke out you and your guarantor if you dare misbehave. There are still a handful of honest ones out there but a greater majority are huge disasters

Dandsome:
It depends on your arrangement.

There's a company that runs a transport business where they give you car to do whatever transport business you want.

I know of suv for now.

They fuel it, do any maintenance on the vehicle, do all papers for the vehicle. The driver's own is to drive and remit about 50k daily.

Sunday is work free day (meaning the driver can work with the car and keep all the money for the day)

Some guys have been using it to do Uber work.

But the issue is that you can't fail to pay daily

Can you tell me more

Evil drivers made me lose two korope under 1 1/2 years. Will never venture into it again

DadojoReloaded:


Bike or keke business is good. I'm personally invested in such business. I have almost 10 bikes under my management and they all remit money on a daily basis.
I've been on it for close to 7 months now with less than 2 days of default.

I don't deal with the bike riders myself, instead I employed a manager who is very strict with them.

Any day you default, the bike will be taken from you. In a nutshell, I have my strategy and it's been working for about 7 months now.

Can you share your strategy

If you intend to drive it by yourself it is not a bad business but if you want to give it to somebody then you are on your own.


I think in transport business you buy ticket(s) from unoin everyday, settle police and tout.

Funkybabee:
Good afternoon Nairalanders, I hope you all are doing good? Who can share their experience regarding Motorcycle and tricycle given to people to deliver.

I spoke with my mum and she said I shouldn't dare because Nigerians are wi¢ked in that kind of business while speaking to someone today, that one emphasize a lots on it, which is why I decided to come here to hear people experience about it

Can you share your experience when given out a bicycle or even car to deliver money daily but turned sour?

elmodee7:
Evil drivers made me lose two korope under 1 1/2 years. Will never venture into it again

if you can't drive it
don't go into it