So, a few days I trekked from Okene to Eika having waited many hours for Keke/Taxi/Okada and none show up. The ones available blatantly said they were not taking passengers going to Eika. While I don't know their reason I can suggest that they were suffering from what I call ‘Too Many Passengers’ Syndrome.

While trekking, I wondered how many people were suffering the same fate as mine. An epiphany danced into my head. What if I buy 4 Keke, offering transport services, solving the transportation problem of the neglected Eika passengers just for the festive season. Quickly, I did a cost analysis.

I need N6.8million to buy the 4 Keke which has combined 16 passengers capacity. Each passenger is supposed to pay N250 for a trip from Okene to Eika which takes approximately 7-9minutes. I'll be tempted to increase the fare to N300 because demand is high and supply is limited (This is business, but anything beyond this is cruelty 🤗). 300×16=N4,800— a combined financial return of making a trip with all the 4 Keke.

I'll employ drivers to work from 8am—8pm. This is 780 minutes which is equivalent to, at least, 78 trips. 78×4,800= N374, 400, a combined return for a day.

This business will be strategically run from December 20 to January 20 (32 days), because na this time demand for transport services dey high before things go back to normalcy.  N374,400×32= N11,980,800. A whooping Gross profit of N11.9million within 32 days.

Now cost of production. I'll pay the 4 Keke drivers 10k everyday. I'll be strict on them completing a total of 78 trips a day, else Kasala go burst o. 4×10,000×32= 1.28 million.

Fuel nco? 10k fuel per day per Keke go do. That's another 1.28 million. Total cost= (6.8+2.56) million= 9.36milion.

Therefore my net profit for 32 days=(11.9-9.36)=2.54 million.

What does this mean? It means that if I had took a loan of N6.8 million to buy 4 Keke in December 20, 2024. By January 20, 2025, I'll pay back the loan and have extra 2.54 million naira. 🤗🤗