We were talking about how wicked some Keke riders are and how some of their attitudes have impacted on the transport sector.
Truth be told, one of the most profitable businesses in Nigeria is the transport business but if you do it with someone who’s not honest, drives recklessly and doesn’t obey traffic rules, you will regret ever going into this business.
When I read the snippet, “Dismissing an opportunity because you failed is next to stupidity” from Franklin Emmanuel, my mind went back to the conversation I had with the Keke rider and I connected it back to this promotion from Obi Cubana.
According to the Keke rider, with his old Keke, he makes N10,000 everyday after buying fuel and paying agberos. He starts working from 6am, closes by 12 noon and resumes again by 4pm to close by 8pm.
He said those who have newer Keke (it speeds more) and work from 6am to 8pm with an hour or two break make a minimum of N20,000 daily after buying fuel and paying agberos.
If you are on hired purchase or daily delivery, strict owners who don’t want to take chances insist that you must remit every day. Once it gets to weekly remittance, you are bound to hear stories that touch the heart. Some of them also insist you must park the Keke in their house every day when you close from work.
And if you don’t remit, they can take the Keke from you at the time you least expected it.
When I saw the investment offer from Obi Cubana, I knew it’s beyond what many people can see.
Anytime I see such an offer, I always ask myself, “What does the business stand to gain or lose?”
If they have nothing to gain or claim they have nothing to gain and do not have anything to lose, I check it off as a terrible investment.
But looking at the investment offer from Obi Cubana, I saw all the mouthwatering benefits his company, Enviable Transport stands to gain.
I will list some of the obvious ones:
— They will import the product at a cheaper price in bulk — approx. N2.2m at most.
— They will resell it to investors at N3.3m and earn an instant N1.1m in pure profit
— They will generate a minimum of N5.6m if a rider works only 5 days in a week and remits 20k daily to the company. The other 2 days can be for holiday or the rider can be given those two days to make an extra money for himself. If he earns more than 20k daily, he can keep it balance for himself.
— With the bulk income, the company can invest in oil and gas or alcohol with a higher profit margin. This is a better way to raise money than going to the bank.
If Obi Cubana and his Enviable Transport are people of integrity, and other economic factors remain constant, there’s no way they won’t make enough money to successfully pay back their investors the N5.3m they promised.
Note: This post is NOT an endorsement. I have no direct relationship with the key actors and do not recommend any investment program on my platform.
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