Nothing is impossible to change in Nigeria, our problem is lack of discipline and political will to get things done. Nigeria is a country where you can break every rule without any consequence. If Nigerians decide to speak with one voice and make sure everybody pays severely for every rule they break, things will start to work out positively.

Nigeria has one of the best rules or constitutions in the world, but having the right minded leaders to implement these rules effectively is our biggest problem as a nation.

Dsticks47:


Good afternoon sir.

Before you invest you need to save.
Why not install Our Ziing mobile app setup a Zplan Goal and build that 100K to maybe 300K or more depending on you.

The Zplan also Reward you for saving.

Unlocked goals.
0 – 60 days (1 – 2 months) – 4%
61 – 180 days (2 – 6 months) – 6%.
181 – 365 days (6 – 12 months) – 7.5%
Above 365 days (1 year and above) – 9%

Locked Goals.
0 – 60 days (1 – 2 months) – 4.5%
61 – 180 days (2 – 6 months) – 6.5%.
181 – 365 days (6 – 12 months) – 8%
Above 365 days (1 year and above) – 10%

Have you updated the app for these changes to reflected in the 'help button' serving as guide for relevant saving options?

Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

OgogoroFreak:
That's where you go wrong. The problem is not Nigerians. Most Nigerians travel out and automatically start doing better than they were in Nigeria. What actually changed? Think about it.

Donbrig:
Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

end of discussion..

OgogoroFreak:
That's where you go wrong. The problem is not Nigerians. Most Nigerians travel out and automatically start doing better than they were in Nigeria. What actually changed? Think about it.

He talked about the size of of Rwanda not up to Ogun state and hence my response that size is not a determining factor for citizens to comply with law and order, some


Nigerians do well outside the Shores of the country because they are forced to obey the laws of their host country or else they will be sanctioned, the same person that ignores traffic lights in lagos will comply with it abroad, you know why because you can't break their laws and go free

l, once drove a car in 60km road in the West and I mistakenly exceeded my speed limits to 70km, it was not deliberate, I was flagged down with their camera, they checked my drivers license and discovered that I have never had any traffic problem in all my years in the country, the officer was shocked but he said that because I had a clean record, that he will give me a small fine of 25 dollars and I left him, paid it the same day via online payment

My point is that the systems / laws abroad or anywhere with a strong leadership is working

Donbrig:
Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

Well said

AngelicBeing:
The size of a country does not determined how citizens complies with laid down rules and regulations, China is bigger than Nigeria, although a brutal regime but you can read what is going on in China, US is bigger than Nigeria in population even though we Nigeria claims to practice the same democracy like that of the US but the US is working but Nigeria is in auto _reverse

Nigeria needs a Kagame / Chinese kind of leadership with koboko to punish offenders or a Middle Eastern kind of leadership other than that, Nigeria will likely continue to go in cycles, back to my silent reading mode

You people keep missing an important factor. Nigeria is not a nation. It's not about the size but national identity. Nigeria has no national identity.

The Chinese you mentioned are homogeneous people with the same language. China can be described as a nation.

US too is a perfect description of a nation.

Nigeria is a union of various nations. The type of dictatorship or system you talk about can never work in a multi national country like Nigeria.

Grupo:


You people keep missing an important factor. Nigeria is not a nation. It's not about the size but national identity. Nigeria has no national identity.

The Chinese you mentioned are homogeneous people with the same language. China can be described as a nation.

US too is a perfect description of a nation.

Nigeria is a union of various nations. The type of dictatorship or system you talk about can never work in a multi national country like Nigeria.

So what is the way forward from your point of view that will make Nigeria work or are you saying that Nigeria will remain like this forever because we are a union of various nations

Carshopper:


You asked 8 KEY questions that makes or break an investment and seek a 5mins answer

Hi Carshopper .....Kindly help us to answer the Above Questions it will help a lot of us here

You can as well take your time

Thanks

AngelicBeing:
He talked about the size of of Rwanda not up to Ogun state and hence my response that size is not a determining factor for citizens to comply with law and order, some


Nigerians do well outside the Shores of the country because they are forced to obey the laws of their host country or else they will be sanctioned, the same person that ignores traffic lights in lagos will comply with it abroad, you know why because you can't break their laws and go free

l, once drove a car in 60km road in the West and I mistakenly exceeded my speed limits to 70km, it was not deliberate, I was flagged down with their camera, they checked my drivers license and discovered that I have never had any traffic problem in all my years in the country, the officer was shocked but he said that because I had a clean record, that he will give me a small fine of 25 dollars and I left him, paid it the same day via online payment

My point is that the systems / laws abroad or anywhere with a strong leadership is working

Exactly! The laws don't work here and flogging anyone would still not make it work because the people employed to catch and flog offenders, would still end up taking bribe just like the police and road safety.

OgogoroFreak:
Exactly! The laws don't work here and flogging anyone would still not make it work because the people employed to catch and flog offenders, would still end up taking bribe just like the police and road safety.

Chai, so it means that the country is doomed forever

AngelicBeing:
He talked about the size of of Rwanda not up to Ogun state and hence my response that size is not a determining factor for citizens to comply with law and order, some


Nigerians do well outside the Shores of the country because they are forced to obey the laws of their host country or else they will be sanctioned, the same person that ignores traffic lights in lagos will comply with it abroad, you know why because you can't break their laws and go free

l, once drove a car in 60km road in the West and I mistakenly exceeded my speed limits to 70km, it was not deliberate, I was flagged down with their camera, they checked my drivers license and discovered that I have never had any traffic problem in all my years in the country, the officer was shocked but he said that because I had a clean record, that he will give me a small fine of 25 dollars and I left him, paid it the same day via online payment

My point is that the systems / laws abroad or anywhere with a strong leadership is working

This is one the reasons our African brethren fear us.
They see Nigerians as disseminators of chaos and lawlessness anywhere we go. Our "smartness" that we stupidly beat our chests about is simply the willingness to break rules as we see fit while we clog servers on social media lamenting about how lawless Nigeria is.

Cyberknight:


This is one the reasons our African brethren fear us.
They see Nigerians as disseminators of chaos and lawlessness anywhere we go. Our "smartness" that we stupidly beat our chests about is simply the willingness to break rules as we see fit while we clog servers on social media lamenting about how lawless Nigeria is.

l agree with your post

AngelicBeing:
That is what the BUTCHER OF EAST AFRICA called President Kagame of Rwanda is doing, I visited in one of my vacation trips, he holds koboko laden with chilly pepper to flog shege comot from Rwandanese citizens body, no wonder corruption is on its lowest ebb or not openly noticeable,


Nigeria needs a Kagame to get the country moving, Rwanda is the cleanest country in Africa, security is top notch, street fighting attracts 6months imprisonment, Adultery Na 7 years, stealing government money, just flee Rwanda or else Kagame will butcher you, you can walk the streets of Rwanda 24 hours and you are absolutely safe.

My only problem with Kagame is you are not allowed to speak against him nor critique his government and he is more like an Emperor of the country other than that, he is trying, Nigeria needs a koboko welding leader like Kagame, the pictures below is what Kagame does to stubborn Rwandanese citizens

Adultery comes with 7 years imprisonment and he butchers people just to make a point and you're celebrating it? Is that also a tenet of democracy?
But if the American police manhandles a black man for stealing, the world will react

AngelicBeing:
Chai, so it means that the country is doomed forever

On current trends, yes.
Look at the discussion we had up above about currency management. These lousy policies remain in place because they are designed to facilitate things for those who need to have access to unregulated forex at Nigeria's expense. Or the fact that Nigeria's airport lockdown was and is being openly breached, while the ordinary man is deprived of access to commercial flights.

Crazeworld:
Adultery comes with 7 years imprisonment and you're celebrating it? Is that also a tenet of democracy?

Hian, why won't it be 7years, why will someone go after another person's wife, it is their laws and is working for them, Nigeria should do what works for them

Cyberknight:


On current trends, yes.
Look at the discussion we had up above about currency management. These lousy policies remain in place because they are designed to facilitate things for those who need to have access to unregulated forex at Nigeria's expense. Or the fact that Nigeria's airport lockdown was and is being openly breached, while the ordinary man is deprived of access to commercial flights.

Chai

AngelicBeing:
So what is the way forward from your point of view that will make Nigeria work or are you saying that Nigeria will remain like this forever because we are a union of various nations

Nigeria with its current political structure will not work. At most, various regions will continue to scramble for presidency where the president does nothing but to enrich his family and a few people from his ethnic group.

Restructuring is the solution. If every region handles their affairs, competition alone will make certain regions get up and work.

bmarketing:


Of course but not necessarily in this case. You don't need to drive if you know how e-hailing works and operates unless you have not done your research, inquired or you just have the time to drive anyways to know how it works.

Besides, the problems and experience you mentioned earlier is what we are trying to profer solutions to before one test the waters.

How will you monitor rides done offline?

AngelicBeing:
Hian, why won't it be 7years, why will someone go after another person's wife, it is their laws and is working for them, Nigeria should do what works for them

l don't know but what works for them looks barbaric to me and may look so for the developed countries. Two consenting adults having intimate relationship are sentenced to seven years imprisonment. Interesting!

But soldiers made protesters in Abuja lie down on their face and people are blaming Buhari here. What's the difference between both presidents please?

abraolas1:


Hi Carshopper .....Kindly help us to answer the Above Questions it will help a lot of us here

You can as well take your time

Thanks

Most small business owners dont keep records, we only know that the business generates money.

Cyberknight:


The point of being a dictator is that your power is supreme and supersedes such considerations.
Abacha, for instance, held Nigeria in his grip until his death.

Abacha was a dictator but he didn't quite hold Nigeria in his grip the way Kagame is currently doing in Rwanda.

For instance, in Rwanda, you dare not say anything negative about the government whether you are a politician or not.

However, while Abacha was president, people like Tinubu, Sowore, were holding protests almost every other day. Yes, some were imprisoned and killed but not to the extent of what Kagame is currently doing in Rwanda. In Rwanda, them no born you well to protest.

Also, those protests during Abacha regime yielded some fruits, in case you are thinking they were in vain.

They earned Nigeria sanctions and even suspension from common wealth.

Grupo:


Abacha was a dictator but he didn't quite hold Nigeria in his grip the way Kagame is currently doing in Rwanda.

For instance, in Rwanda, you dare not say anything negative about the government whether you are a politician or not.

However, while Abacha was president, people like Tinubu, Sowore, were holding protests almost every other day. Yes, some were imprisoned and killed but not to the extent of what Kagame is currently doing in Rwanda. In Rwanda, them no born you well to protest.

Also, those protests during yielded some fruits, in case you are thinking they were in vain.

They earned Nigeria sanctions and even suspension from common wealth.

Do you really think that if Abacha had decided to go full Fidel Castro on Nigeria anything would have stopped him?

And I never said anything about the NADECO effort, least of all that it was pointless.

I just pointed out that Abacha had Nigeria fully in his grip.
And, as an aside, the sanctions placed on Nigeria did not in any way bother the junta unduly.

Ibrahim505:

Have you updated the app for these changes to reflected in the 'help button' serving as guide for relevant saving options?

Not Yet.

But very soon a new update will be rolled out for our ziing app.
With the new update, Your Financial Buddy will have the Vantage Dollar Fund.

Cyberknight:


Do you really think that if Abacha had decided to go full Fidel Castro on Nigeria anything would have stopped him?

And I never said anything about the NADECO effort, least of all that it was pointless.

I just pointed out that Abacha had Nigeria fully in his grip.
And, as an aside, the sanctions placed on Nigeria did not in any way bother the junta unduly.

@the bolded. Well, it could have worked then because some parts of the country were just recovering from the last war.

Anybody that as much as tries to go full Fidel Castro now will only plunge the country into another civil war.

Tensions are quite very high now.

Donbrig:
Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

Facts.

emmanuelewumi:



How many car did you start with?

I started with a 2012 Hyundai Sonata way back 2016/2017. Weekly rental 60k per week .... After 6months dropped to 55k then 50k .... 40...35...28...till 20k

How many do have now have in your fleet?

Presently say 10 cars

What was the seed capital used in starting the business?
Seed capital is relatively to the particular car you are buying. I make sure I don't exceed 1.3m buying a tokunbo car or 1m buying a 9ja used car

Have you being ploughing back your profits for the expansion, used additional external equity or debt, or you used a combination of retained earnings plus additional equity or debt for the expansion?

Now this is the tricky part... I use personal funds.
Now for me, Uber model isn't a sustainable investment so I don't consider it as an investment that will plough back profits - the LOSS rate is HIGHER than GAIN rate.


What is the average growth rate in the last 3 years?

Growth rate is ZERO if you are looking to plough back profits to grow the business and given some other KPIs

What is the average profit margin per annum after making provision for depreciation?
Profit margin is relative depending on model you choose to run

What is the average useful years of the cars in your fleet?
I try to use the cars for 3-4years, sell off and replace

Can the amount set aside for depreciation over the useful years of the cars, buy another car for replacement?

depends on vehicle in question

Let me answer your questions one after the other

Carshopper:

depends on vehicle in question

Let me answer your questions one after the other

Thank you so much and God bless the works of our hands

Donbrig:
Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

What training are you talking about? So, you prefer to train your kids in a develop country for them to tell you "f*ck you dad"?

If the laws in a developed country don't work, their politicians would loot too.

In China, if a politician loot public funds, it death sentence. But in Nigeria, if a politician loot 10 Billion naira, he'll need to pay 2 billion naira from it for his bail/freedom.

Dsticks47:


Good afternoon sir.

Before you invest you need to save.
Why not install Our Ziing mobile app setup a Zplan Goal and build that 100K to maybe 300K or more depending on you.

The Zplan also Reward you for saving.

Unlocked goals.
0 – 60 days (1 – 2 months) – 4%
61 – 180 days (2 – 6 months) – 6%.
181 – 365 days (6 – 12 months) – 7.5%
Above 365 days (1 year and above) – 9%

Locked Goals.
0 – 60 days (1 – 2 months) – 4.5%
61 – 180 days (2 – 6 months) – 6.5%.
181 – 365 days (6 – 12 months) – 8%
Above 365 days (1 year and above) – 10%

Start small now and grow your wealth over time.

I hope it’s not coming late.

And lastly Avoid Anything “ with high ROI.”

I'll check that out too.
But I don't understand the tenures.

Does it mean 1month and 3months gets the same 4%

Grupo:


You people keep missing an important factor. Nigeria is not a nation. It's not about the size but national identity. Nigeria has no national identity.

The Chinese you mentioned are homogeneous people with the same language. China can be described as a nation.

US too is a perfect description of a nation.

Nigeria is a union of various nations. The type of dictatorship or system you talk about can never work in a multi national country like Nigeria.

Using your analogy, I don't think the US falls into a category of nation. The protests taking place buttress this asssertion.

Forget the language crap. We are just lawless people that's all. What has different languages in a nation got to do with elderly people jump the queuebecause those on the line are younger than them? Or what does having diffrent languages have to do with someone driving one-way? We are just lawless.

Donbrig:
Nigerians are the problem Sir, our politicians are only helping us to further ruin our future, because our leaders are products of our decayed society. The main thing that changed in Nigeria is the way we raise our children, both in school and at home. The children we didn't train properly 15, 20, or 30yrs ago are now a big threat and burden to our society. The way a country trains their kids or young ones always have a primary role to play in the society at large, that is why I have sworn never to train my kids in Nigeria, the kind of society we have in Nigeria today is the most unfit to raise up normal and responsible children.

Oga the children abroad are not better trained. Look at Britain alone. You have kids calling police on their parents, telling them to fu*k off.