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If You Are Uber Partner In Lagos, Please Share Your Experience Here - Business (5698) - Nairaland

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Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Djdamian(m): 4:48pm On May 10
Pearl1910:


What are u saying. Entry level bankers recieved about 80k in 1998. Graduate trainees in oil coys such as mobil and Shell were paying about 350k that time. Civil servants recieved about 50-60k grade level 8. So 180k for a full plot inside Gowon Estate was giveaway. That time land in ayobo was around 100k-120k
U guys just argue for the sake of it, without having the right information. Indomie generation will be arguing with agbalagba.
As for if there is still land for less than 1m in Epe, u r still displaying ignorance for something that is happening in ur adult life time. If u have 1m and u want a land in epe reach out to me.

Unfortunate truth

4 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 5:22pm On May 10
Pearl1910:


What are u saying. Entry level bankers recieved about 80k in 1998. Graduate trainees in oil coys such as mobil and Shell were paying about 350k that time. Civil servants recieved about 50-60k grade level 8. So 180k for a full plot inside Gowon Estate was giveaway. That time land in ayobo was around 100k-120k
U guys just argue for the sake of it, without having the right information. Indomie generation will be arguing with agbalagba.
As for if there is still land for less than 1m in Epe, u r still displaying ignorance for something that is happening in ur adult life time. If u have 1m and u want a land in epe reach out to me.


Indomie generation ke, no dey deceive or hype yourself biko, there was no Neco Ssce during my time... Nissan stanza was 80-90k in 1991.. and that was a lot of money then.
It's equivalent to buying a corrolla now or a Racer Daewoo then.
Ask car dealers wey dey that time.


I still dey ask you where in Epe are you going to see land @ less than 2,000 naira/sqm.? I am current with trends in real estate along that corridor. I was on ground physically when they launched Isinmi,Lagos.
I'm not in for back and forth on this issue.

I'm sure a lot of folks for this group get people, call them and ask if you can get land @ less than 2,000 naira/sqm for Epe. .

Wetin I want do for Epe, there are better offers in Ibadan than Epe..

8 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Omoapena(m): 6:06pm On May 10
northbird:



Indomie generation ke, no dey deceive or hype yourself biko, there was no Neco Ssce during my time... Nissan stanza was 80-90k in 1991.. and that was a lot of money then.
It's equivalent to buying a corrolla now or a Racer Daewoo then.
Ask car dealers wey dey that time.


I still dey ask you where in Epe are you going to see land @ less than 2,000 naira/sqm.? I am current with trends in real estate along that corridor. I was on ground physically when they launched Isinmi,Lagos.
I'm not in for back and forth on this issue.

I'm sure a lot of folks for this group get people, call them and ask if you can get land @ less than 2,000 naira/sqm for Epe. .

Wetin I want do for Epe, there are better offers in Ibadan than Epe..

Buy the land for epe for 1m and wait for 20years to appreciate to 20m...


Within those years of waiting, just be drinking garri and be hoping you're a future millionaire grin

2 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Omoapena(m): 6:28pm On May 10
northbird:


200k is not giveaway in the 90s. Even 150k is not giveaway..Nissan stanza Tokunbo was 86-90k in the early 90s.
My focus was on those with forex planning to invest. They won't get same value for their forex.

Where you wan see 1m land for Epe?

Minimum wage in the early 90s was 3,000naira.

200k in early 90s is alot for someone earning minimum wage and for people in private firm earning good salaries then, it ranges from 12k to 30k..

You must hold a very important position in private firm to earn that 30k monthly in 90s.



Many people have 2m to 3m rn and it can get land in some places in Lagos but they won't just cough out 3m to buy land simply because, the land will turn 20m in 10years, what will they be doing during the waiting period for the land to appreciate, people buy land when they have excess money and they don't want the money to devalue, that's when they buy land and keep....


As for people in real estate, they buy land in bulks and sell immediately in units, no real estate mogul will buy land and wait few years to sell the land, reason why you see many real estate will acquire hectares of land and start selling off the lands in units at exorbitant price to clients. Many will sell above current values just to steal from gullible clients, you will see a land that's is supposed to be valued at 500k, they will put it up at 2m just so to make their own profit from the land.

3 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 6:35pm On May 10
northbird:



Indomie generation ke, no dey deceive or hype yourself biko, there was no Neco Ssce during my time... Nissan stanza was 80-90k in 1991.. and that was a lot of money then.
It's equivalent to buying a corrolla now or a Racer Daewoo then.
Ask car dealers wey dey that time.


I still dey ask you where in Epe are you going to see land @ less than 2,000 naira/sqm.? I am current with trends in real estate along that corridor. I was on ground physically when they launched Isinmi,Lagos.
I'm not in for back and forth on this issue.

I'm sure a lot of folks for this group get people, call them and ask if you can get land @ less than 2,000 naira/sqm for Epe. .

Wetin I want do for Epe, there are better offers in Ibadan than Epe..

U r talking about too many things at the same time. Face one and finish before moving to another. I never mentioned 1991 in any of my discourse. And when I say giveaway, I mean getting a plot for that amount, in that location, at that time was a very good buy. It doesnt mean everybody could cough out that amount at the time. But relatively, it was cheap cos all the areas around where more expensive. Like Isheri, Ikotun, Igando, Ipaja, Boys town, Baruwa Estate etc

Now, even though u are comparing apples and oranges. Let me ask u, in ur opinion what is more expensive, a land or a car? Asin between an average plot of land in an average area and a normal toks car which is more expensive? Then which one will people rather buy.
So if this car cost less than 100k, it means lands where cheaper in areas like Ojodu, Ketu, Dopemu, Ajah etc that year.
Now can u compare the value of land in these areas that time with current value, after discounting inflation?
At the end of the day, my point is if u buy land at the right price u can never lose.
1m is cheap money for land today, doesn't mean everybody can afford to buy land for 1m. Hope my point is clear.

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 6:52pm On May 10
Omoapena:


Buy the land for epe for 1m and wait for 20years to appreciate to 20m...


Within those years of waiting, just be drinking garri and be hoping you're a future millionaire grin


Very short story, my cousin is a multi millionaire today because he sold 3plots of land in Ajah for 100m in 2015. He got that 1acre for 1.5m around 2005, and he borrowed money to pay for the land that time. He was lucky, it was a giveaway.
I have said this story before so if I am lying then it will vary. U can read up my past comments on this thread, u will find this same story there.

U dont need to wait 20yrs in some cases, some lands appreciate very fast especially in this Lagos. If u do ur research well and ur predictions fall inplace, then u can turnover ur capital times X10 in 5yrs by just banking land.

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Omoapena(m): 7:03pm On May 10
Pearl1910:


Very short story, my cousin is a multi millionaire today because he sold 3plots of land in Ajah for 100m in 2015. He got that 1acre for 1.5m around 2005, and he borrowed money to pay for the land that time. He was lucky, it was a giveaway.
I have said this story before so if I am lying then it will vary. U can read up my past comments on this thread, u will find this same story there.

U dont need to wait 20yrs in some cases, some lands appreciate very fast especially in this Lagos. If u do ur research well and ur predictions fall inplace, then u can turnover ur capital times X10 in 5yrs by just banking land.

That 1.5m he got the land in 2005, was that the actual value of it or the seller was desperate to sell off for that amount...

Normally, there's luck in everything, you can be lucky to buy something from a desperate seller at a very cheap price, your cousin was lucky to be close to the seller and probably he has some other things that was giving him money to wait 10years before selling off.


You don't expect someone who's still managing from hand to mouth to pour out 1.5m on a land with the hope of becoming a millionaire in 10years. That person will rather put that money in a small business that will guarantee either 10k or 15k daily for him...

2 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 7:05pm On May 10
Omoapena:


Minimum wage in the early 90s was 3,000naira.

200k in early 90s is alot for someone earning minimum wage and for people in private firm earning good salaries then, it ranges from 12k to 30k..

You must hold a very important position in private firm to earn that 30k monthly in 90s.



Many people have 2m to 3m rn and it can get land in some places in Lagos but they won't just cough out 3m to buy land simply because, the land will turn 20m in 10years, what will they be doing during the waiting period for the land to appreciate, people buy land when they have excess money and they don't want the money to devalue, that's when they buy land and keep....


As for people in real estate, they buy land in bulks and sell immediately in units, no real estate mogul will buy land and wait few years to sell the land, reason why you see many real estate will acquire hectares of land and start selling off the lands in units at exorbitant price to clients. Many will sell above current values just to steal from gullible clients, you will see a land that's is supposed to be valued at 500k, they will put it up at 2m just so to make their own profit from the land.



One man can buy land and drink garri till his funds mature , another person can use his money and buy car and not even have money to maintain it. And Mr C can start a buisness with the money and the business will either fail or flourish. Its about choice and preferences. It doesn't mean any one of them is foolish or wise at the point of making the decision. Its d result after a couple of years that will determine who made a wise decision at the end of the day. U dont know tomorrow, man proposes God disposes.

Secondly, What u are describing is like buying a car from a dealer and intending to sell in the same city to an end user. Dealer has added his profit already so how will u see gain again. If u want to buy land to resell in a short time for profit, u dont buy from real estate coys. U go to d village, community or family that owns d land and u get it cheap.
Seek to learn things u dont know rather than grand stand in ignorance.

3 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BAZ001: 3:01pm On May 11
Pearl1910:


That time land in ayobo was around 100k-120k
U guys just argue for the sake of it, without having the right information. Indomie generation will be arguing with agbalagba.
As for if there is still land for less than 1m in Epe, u r still displaying ignorance for something that is happening in ur adult life time. If u have 1m and u want a land in epe reach out to me.

Information is the key. If I talk e go be like person Dey brag na why I just keep quiet but for real estate I get small mouth.
one baba told me they were begging him to buy land at Omole phase2 at 80k he laughed that who will live inside bush with monkeys and snakes. He get houses for surulere but still regretting till today.

In 2011 my colleagues but lands 750,000 lekki phase 2, 2 months after I wan buy beside them it was 1.3m with begging I bought 2 plots. In 2012 another colleague bought beside me 1.7m the last person that bought was 2.5m same 2012. Fast forward to 2019 them call me say they wan collect my land oo. I rush go there na only me on the street never fence and put gate. I thought I was dreaming bare bush don turn city in 7yrs. They have street names, all our roofs must be green color. Before I jappa I wan sell one of the plots and realized there was an estate gate at the entrance. I had to change my mind, No more lands in the estate only houses.
I don lease bare lands like this I dey get small change, cos I don’t have intention of living there na park view or banana be my target grin

My point is follow who know road for Lagos real estate. It’s a better form of asset and investment in Lagos.

4 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Kaymaxi2222(m): 4:01pm On May 11
Omoapena:


That 1.5m he got the land in 2005, was that the actual value of it or the seller was desperate to sell off for that amount...

Normally, there's luck in everything, you can be lucky to buy something from a desperate seller at a very cheap price, your cousin was lucky to be close to the seller and probably he has some other things that was giving him money to wait 10years before selling off.


You don't expect someone who's still managing from hand to mouth to pour out 1.5m on a land with the hope of becoming a millionaire in 10years. That person will rather put that money in a small business that will guarantee either 10k or 15k daily for him...
Land in ajah 2015 100m for plot
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dapotemi: 9:03pm On May 11
Pearl1910:


One man can buy land and drink garri till his funds mature , another person can use his money and buy car and not even have money to maintain it. And Mr C can start a buisness with the money and the business will either fail or flourish. Its about choice and preferences. It doesn't mean any one of them is foolish or wise at the point of making the decision. Its d result after a couple of years that will determine who made a wise decision at the end of the day. U dont know tomorrow, man proposes God disposes.

Secondly, What u are describing is like buying a car from a dealer and intending to sell in the same city to an end user. Dealer has added his profit already so how will u see gain again. If u want to buy land to resell in a short time for profit, u dont buy from real estate coys. U go to d village, community or family that owns d land and u get it cheap.
Seek to learn things u dont know rather than grand stand in ignorance.

I started this land discussion somehow but I decided to be mute because I notice some of this guy's are talking from a very limited point of view, which is fine...Na wetin you know you know, wetin you no know, na Agba Dem dey call am...
As a unilag staff, my dad got an offer tru unilag cooperative for magodo isheri early eighties, he rejected it because he was already paying 'small-small' for another personal build in surulere.. According to him, that is one biggest mistake of his entire life, biz wise..he usually console himself that he won't be able to train us if he went for it, as d debit will be too much but he knows he could have done it, maybe if he double d Hussle then..Anyone that is familiar with unilag should know they have a very ROBUST co-operative..After loosing Magodo, that estate around that olowora side (not very familiar with that axis), co-operative scatter due to internal wrangling and fraud but after many years they got together again, and they got another large acre at mowe-ofada, if you're familiar with that axis you should know UNIQUE unilag co-operative estate, you can't miss it in ofada, pop man quickly register, it was 110 thousand around 1999 and na still pay small from direct debit from salary..I bought it from a reseller in 2010 for 3 million..do the math!!!! Later unilag moved to owode, my papa no think twice before asking Dem to put his name again..He no pay finish b4 retirement, na we pay am finish..I am saying it that personal build is not a luxury but a necessity.
My friends here are talking Abt BUSINESS as if you will just wake up one day and you will see 50 million in your acct, then you start business, den BOOM, biz bam!!!

2 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by dapotemi: 9:34pm On May 11
In whatever you do, make SURE you secure a place you can REST your head, especially if you're married and you have kids!
Yes, make sure you have your own house, even if it is ONE ROOM!
Once you have a place you can call your own, then you can TRY Business ..if there is anything I fear most na when poor man wan do biz...in today's Nig, na suicide..

10 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by YeyeGbami: 10:53am On May 12
dapotemi:
In whatever you do, make SURE you secure a place you can REST your head, especially if you're married and you have kids!
Yes, make sure you have your own house, even if it is ONE ROOM!
Once you have a place you can call your own, then you can TRY Business ..if there is anything I fear most na when poor man wan do biz...in today's Nig, na suicide..

LMAO. More like Russian roulette

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BestTrades: 12:04pm On May 12
BestTrades:


To check vehicle history (Vin check)of any car.

For comprehensive vehicle history report .

https://verifyithq.com/services/vehicle-history-reports/


For Retrieval Of Lost Custom Duty..

https://verifyithq.com/lost-customs-papers/



For Custom Duty Verification .. .
.
https://verifyithq.com/services/customs-duty-verification/

..
.
..
...

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Barbiturate(m): 12:20pm On May 12
Prepare for traffic wahala

2 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Glithronix: 5:56pm On May 12
grin grin grin

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Barbiturate(m): 7:02pm On May 12
Glithronix:
grin grin grin

Fastest fingers don use him eye see mabo 😄

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Glithronix: 9:40pm On May 12
Barbiturate:


Fastest fingers don use him eye see mabo 😄
Wallahi. grin
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Omoapena(m): 10:33pm On May 12
dapotemi:
In whatever you do, make SURE you secure a place you can REST your head, especially if you're married and you have kids!
Yes, make sure you have your own house, even if it is ONE ROOM!
Once you have a place you can call your own, then you can TRY Business ..if there is anything I fear most na when poor man wan do biz...in today's Nig, na suicide..


It's good to have a place to call your home when you know that where you get money from for your daily expenses is secured and will keep coming when you're old.

But if you know that where that money is coming from isn't secured and isn't sure to sustain you through your retirement age, that money you want to use to build that house, either one or more bedroom units, first use it to do something that will keep giving you money consistently and through your retirement age then build house from whatever you save from that side business and have peace of mind.

Reason being that, you won't be forced to sell that house when you're old and you need money for your sustainability or start depending to survive from house rents alone.

Unless you have alot of money, then build many houses or build a mini estate where the money you get from the rent will be enough to sustain other expenses for you...

Many old people today have financial issues coz the only thing they depend on is house rents and their children to survive at old age, if they have some other things that keeps giving them money consistently, they will still be making money at their old age won't have to depend on house rents or children to survive.


When I'm talking about business, I'm talking about either service or you engage in physical products that are being used daily, & not all business requires huge capital.


I will still say it that it is better to leave business behind for your children than leave house for them...

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Pearl1910: 8:26am On May 13
Barbiturate:
Prepare for traffic wahala

Not again ☹️
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Gabrielnimi: 12:37pm On May 13
Good afternoon my Oga's in the house
Please I need car for Rental in Lagos
Please help a brother
WhatsApp number 08106328587
Please help me I have mouths to feed at home
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 6:15pm On May 13
Anyone looking for rentals or Hp , you need to be more proactive.. or find alternative ways to earn money if driving is the ONLY skill you have.
- part time driver ,weekends..
- delivery of cars
- relief driver.

It's increasingly difficult to get cars for rentals/Hp because every day you are having fewer investors in the ehailing biz.
The returns are not worth it ...Lower fares means lower earnings which in turn translates to lower returns for the investor.

If you buy a functional naija used corrolla for 3.5m . Don't be surprised, you won't get returns on your investment in 2 years.. is that business?



In 2022, bajaj motorcycle was 360k.. brand new and weekly delivery was 9k.
In 10 months, you have recouped your money on a Bajaj. and you still have a fairly good motorcycle standing.

On ehailing, it could take forever.

ROI on ehailing is too poor.

8 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by tojahh(m): 8:13am On May 14
Kaymaxi2222:
Land in ajah 2015 100m for plot


It's actually 3 plots of Lands for 100m yes it's possible in 2015.

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Gabrielnimi: 10:55am On May 14
It is well
northbird:
Anyone looking for rentals or Hp , you need to be more proactive.. or find alternative ways to earn money if driving is the ONLY skill you have.
- part time driver ,weekends..
- delivery of cars
- relief driver.

It's increasingly difficult to get cars for rentals/Hp because every day you are having fewer investors in the ehailing biz.
The returns are not worth it ...Lower fares means lower earnings which in turn translates to lower returns for the investor.

If you buy a functional naija used corrolla for 3.5m . Don't be surprised, you won't get returns on your investment in 2 years.. is that business?



In 2022, bajaj motorcycle was 360k.. brand new and weekly delivery was 9k.
In 10 months, you have recouped your money on a Bajaj. and you still have a fairly good motorcycle standing.

On ehailing, it could take forever.

ROI on ehailing is too poor.
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Gabrielnimi: 10:57am On May 14
13
Good morning my Oga's in the house
Please I need car for Rental in Lagos
Please help a brother
WhatsApp number 08106328587
Please help me I have mouths to feed at home
(Modify) (Quote) (Report) (Share)
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by pope191: 11:11am On May 14
Please can one use other state plate number to register on all ehailling platforms in Lagos state?
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BestTrades: 11:25am On May 14


To check vehicle history (Vin check)of any car.

For comprehensive vehicle history report .

https://verifyithq.com/services/vehicle-history-reports/


For Retrieval Of Lost Custom Duty....

https://verifyithq.com/lost-customs-papers/



For Custom Duty Verification .. .
.
https://verifyithq.com/services/customs-duty-verification/

,
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 12:07pm On May 14
pope191:
Please can one use other state plate number to register on all ehailling platforms in Lagos state?

Sure. The only challenge is you must do RW with the VIO guys. They don't want to lose that revenue.
Infact that's the only document you can't get outside Lagos.
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by pope191: 12:12pm On May 14
northbird:


Sure. The only challenge is you must do RW with the VIO guys. They don't want to lose that revenue.
Infact that's the only document you can't get outside Lagos.

Thanks! I don’t understand this. Do I still have my car for inspection and all this Lagos camera thing?
Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by northbird: 12:32pm On May 14
pope191:


Thanks! I don’t understand this. Do I still have my car for inspection and all this Lagos camera thing?

Yes, you will do inspection.
The vio guys will disturb you if you don't have Lagos RW esp if they notice it is used on ehailing.

A stranger can claim he came visiting. But with a rider feeling fly at the back seat, it's going to be difficult to explain.

It's not an issue. I have seen Abj, Imo, ogun , Enugu, Anambra number plates on ehailing in lagos


You can do your VL anywhere, even lagos vl can be done in Abuja because the funds go to the JTB ( joint tax board)

1 Like

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by BAZ001: 6:33pm On May 14
northbird:
Anyone looking for rentals or Hp , you need to be more proactive.. or find alternative ways to earn money if driving is the ONLY skill you have.
- part time driver ,weekends..
- delivery of cars
- relief driver.

It's increasingly difficult to get cars for rentals/Hp because every day you are having fewer investors in the ehailing biz.
The returns are not worth it ...Lower fares means lower earnings which in turn translates to lower returns for the investor.


If you buy a functional naija used corrolla for 3.5m . Don't be surprised, you won't get returns on your investment in 2 years.. is that business?



In 2022, bajaj motorcycle was 360k.. brand new and weekly delivery was 9k.
In 10 months, you have recouped your money on a Bajaj. and you still have a fairly good motorcycle standing.

On ehailing, it could take forever.

ROI on ehailing is too poor.

This thread eeehhhh
yesterday e-hailing paying better than salary earners.
Today, returns are not worth it ...Lower fares
Tomorrow someone will still come up with its the best thing.... I paid off my HP car in 2years and after buying the car he goes back to his second hustle and drive only on weekends. which one come pay pass 1st hustle or 2nd hustle grin

6 Likes

Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Djdamian(m): 6:43pm On May 14
BAZ001:


This thread eeehhhh
yesterday e-hailing paying better than salary earners.
Today, returns are not worth it ...Lower fares
Tomorrow someone will still come up with its the best thing.... I paid off my HP car in 2years and after buying the car he goes back to his second hustle and drive only on weekends. which one come pay pass 1st hustle or 2nd hustle grin



Summary of his POV

E-hailing doesn't offer much benefit for investors (I fully agree); it primarily benefits drivers using their personal vehicles. Those seeking hire purchase or rental deals may find them scarce due to limited investor interest in the business at this time.

6 Likes

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