Suppose you want to start the Keke Napep business in Nigeria which is also called tricycle, specifically in cities like Abuja, Lagos, Port Harcourt, and similar places. This article can help you realize your aim of becoming a Keke Napep driver and earning some cash.
In addition to the prices mentioned below, i list reliable dealers selling these keke NAPEPs within Nigeria. Note that while some states have outlawed these tricycles in Nigeria, they are still operational in many other states, such as Lagos, Anambra, Rivers, and Abuja, etc.
In this article, I will explain how you can start a keke napep business in Nigeria and how much income you are expected to cash out.
Click here to know the price of keke napep in Nigeria.
Let’s dive into it!
Why Is Keke Napep Business Successful?
Nowadays, there is still a lot of money to make from the tricycle business market known as Keke Napep. It is possible because as much as ₦100,000 can be made weekly and even up to ₦250,000 monthly income. There Are good reasons why you should start your keke Napep business now.
Because taxis, Uber, and even public buses are expensive for most commuters, they have to resort to other means, reducing their chances of getting cheaper transportation options to move around and go about their daily lives.
In almost every state and major city in Nigeria, Okadas, as motorcycles are popularly known, are banned; hence, Keke Napep is a good alternative for them.
For what it does to reduce unemployment statistics and crime rates and boost the economy, most state governments give Keke Napep drivers permission to use their roads. The fact that Lagos State has started embracing solar-powered Keke Napep should not be a surprise since it reduces its ecological footprint.
How To Make Money Driving Keke Napep
It is possible to make money using Keke Napep in other ways. You can either engage someone else to ride it while you get some percentage of the returns or decide to drive it yourself. Whatever plans one may have when making money with Keke Napep can be implemented using any approach, and there is a surety of earning profits at all times.
Now, let’s have a look at the many ways in which you may generate money from your Keke Napep company and determine how much money you can make:
Self Driving
Most people who start their businesses employ this approach. One can also drive a keke on their own. This is one of the best ways to get 100% of the keke business’s profit. You may earn ₦15,000 daily and possibly make ₦250,000 per month after fueling and parking costs in some places.
Hire Purchase
Several individuals who cannot afford to buy Keke Napep but still want to use it to make money have an opportunity to participate in this company. All you need to do is identify an honest person you will pay to ride on your behalf.
The individual will give you some part of the return every day. As soon as he or she is done with that certain point, you can leave the keke for him or her to enjoy. Everything hinges upon a contract basis, which all these things depend on. This business can fetch up to ₦200,000 monthly profit.
Own Your Keke Napep Transport Company
Owning and registering your private Keke Napep transport business would require a considerable amount of money. And you can buy 10, 20, 30, etc., or even hire drivers to drive this tricycle within this area. On top of that, giving your drivers a salary will be necessary. During this period in the life cycle of the Keke Napep company, the profit you receive can vary from ₦300,000-N1,000,000 monthly, contingent upon how many Kekes you purchase.
How Long Can A Keke Napep Last Long
Several factors are involved in the lifespan of a Keke Napep in Nigeria’ so it’s difficult to answer with just one answer. Here is a list and descriptions of some key ones:
Maintenance: Regular maintenance will elongate the lifespan of your keke napep. This means changing oil at appropriate times, lubricating, having brake checkups, and attending to minor issues quickly before they become big problems.
- Usage: How often and how intensely it is used hastily influences the lifespan of a keke napep. If used throughout most of the day, especially over rough roads, it may wear out faster compared to using it less frequently, for example, occasionally.
Terrain: Driving on smooth, paved roads lessens the strain on an engine and chassis than operating over rough terrain. Continuous exposure to harsh conditions can accelerate deterioration.
Driving Habits: It is important to note that aggressive driving styles like rushing or overloading the kekes put a strain on the engine as well as other related parts thus making them wear out faster than usual.
Estimated Lifespan:
A well-maintained Keke Napep used moderately can last 5-10 years with moderate use.
Without good maintenance or as a result of heavy usage: However, cheap keke napep may undergo a series of major repairs within a short period, which sees it become completely unreliable or cost-prohibitive in two to five years before finally breaking down and becoming useless.
Additional Tips for Extending Lifespan:
• Regular servicing: You must visit an authorized mechanic who can flag problems before they escalate.
• Quality spare parts: For their peak performance and long life span, always employ top-quality materials when need be such as during repair.
• Safe and responsible driving: Lessening the impacts of wear and tear could be achieved through avoidance of overloading, overspeeding plus harsh braking.
Adhering to these tips while prioritizing proper maintenance practices can greatly increase the life span of your tricycle. A well-maintained Keke Napep is safer and more cost-effective in the long run.
How to Start a Keke Napep Business in Nigeria
The Keke Napep, Nigeria’s iconic tricycle, not only transports people but can also make an individual an entrepreneur. This article will guide you through the crucial steps to starting a Keke Napep business.
1. Plan and Research
· Market Research: Investigate the demand for services rendered by Keke Napep in your residential area. This means studying current routes, competition, and possible traffic flow of passengers.
· Saving Plans: Indicate your start-up costs which must include purchase of the Keke Napep (new or used), registration fees, insurance policy, licensing, maintenance as well as other potential operating expenses such as fuel.
· Understanding Regulations: Learn about the laws that govern Keke Napep operations at both local and national levels. They will need to acquire every necessary permit or license and ensure that safety regulations are observed.
2. Securing Your Keke Napep
• New vs. Used: If a person buys a new keke nappe it means that they have paid more because they are guaranteed about their initial conditions but when buying a used one a mechanic has to assess them for repair costs or any other ills that may befall them.
• Choosing a Brand: Some popular brands in Nigeria include Bajaj, TVS, Daylong, and Keke Laoya; search for models having varying characteristics and fuel economy fitting into your budget range.
3. Funding Your Business:
Starting a Keke Napep business is the best way to get involved in this business. You can do it by investing in yourself or using your funds as opposed to incurring unnecessary debts.
Looking for alternative sources of finance like banks and micro-finance institutions would be important because these loans are repaid afterward, hence the need for your business idea to be feasible.
4. Find a driver (Optional):
If you are not interested in hiring a driver, consider hiring an experienced and trusted one. Understand the mode of payment, whether commission-based or salary and ensure they have all the necessary documents.
5. Operations and Maintenance:
Choose routes with high passenger traffic and good road conditions when deciding what route to establish.
Also, ensure that it meets required safety standards daily while keeping clean & professional appearances for your company.
 6.Building Customer Base:
Arguably, this means providing reliable services to customers who expect courteous treatment from their Keke riders. Fair prices, too, can attract more customers because of quality services provided by drivers who are conscious of competitive fare rates. Thus, we should always consider discounting loyal travelers now and then, either as part of loyalty programs or individually, but such patrons must be appropriately maintained.
Tips:
Safety First: Whether you are the driver of a Keke Napep, or you are on it with a driver and/or passengers, ensure safety at all times by confirming that the Keke has brakes that work properly, headlamps that function, and are fitted with seat belts.
Marketing and Visibility: Ensure that all relevant indications concerning Keke napeps routes are painted in bold. Use digital advertising or cooperate with local enterprises for reference.
• Record Keeping: Keep accurate records of daily earnings, expenses, and fuel expenditures to monitor how your business is progressing and areas where there would be room for improvements.
Top Keke Napep Dealers In Nigeria (Lagos & Abuja)
In case you want to buy a brand new or slightly used keke napep, here we have given contacts of reputable dealers who sell them in Nigeria. The suppliers operate from Abuja and Lagos towns and they stock top quality Keke Napeps. Kindly find their contact details below.
| Dealer | Address | Phone/Contact Details | Website |
|---|---|---|---|
| Emel Automobiles | 3rd Floor, 10, Ijora Causeway, UBA Building, Ijora, Ajeromi Ifelodun, Lagos, Nigeria | +234 064051139, +234 064051139 | – |
| Boulos Enterprises | Plot 10, Block D, Acme Road, Ogba Industrial Estate, Ikeja, Lagos, Nigeria | – | boulos.ng |
| Double Dove Nigeria Limited | 125, Hebert Macaulay Way, Ebute Metta, Lagos, Nigeria | +234 1 7948477, 6568535, +234 806 1172342 | doubledove.com |
| Oas Imperia Nigeria Limited | Plot 452 1R Road, Federal Housing Authority Abuja, Abuja Central | 0808 338 7138 | – |
| Zhope Automobiles Nigeria Ltd | Number 126, Citec Villa, Abuja Central, Abuja Municipal, Abuja, Nigeria | – | – |
| Cisse Motors | 473 Lagos Abeokuta Express Road, Abule-Egba, Ifako Ijaiye, Lagos, Nigeria | – | – |
| Crystal-Castle Motors | Bashy Oil Filling Station, Idimu Ebgeda Alimosho, Lagos, Nigeria | – | – |
| Amaecom Global Nigeria Ltd | Suite 10, Plot 2121, Ambeez Plaza, Ndola Crescent, Zone 5, Wuse, Abuja | – | – |
| The Keke Company | 14A, Illupeju Road, Ilupeju, Mushin, Lagos, Nigeria | – | – |
| Hilcom Automobile | 34/36 Coates Street, Ebute Metta, Lagos Mainland, Lagos, Nigeria | – | – |
| SERODAM ENTERPRISES | 20 Oluwakemi Street, Alapere-Ketu, Kosofe, Lagos, Nigeria | – |
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Conclusion
The tricycle business in Nigeria is a reliable way to make money off line if you are serious and committed to it. but there are challenges as well. Success in this transport business requires commitment, hard work, and assurance of dependability and safety.Â
If you follow these steps and continuously adapt to the market’s changing patterns, your Keke Napep will become a booming business.
FAQ
How Much Does Keke Napep Cost In Nigeria?
Prices may differ depending on brand name, model, and other specifications. Generally speaking, the price of new tricycles can range from ₦500,000 to ₦1,200,000, with variations due to additional features or financing options. The price also depends on factors such as brand name, model, and state.
Which country first produced keke?
In the 1960s, the Japanese company Daihatsu developed the Keke Napep.They made it cheap and efficient for easy urban transportation, which has become popular in different countries, including Nigeria.
How Much Does A Keke Driver Make In A Day?
The income can vary based on location, passenger demand, fuel prices, and operational efficiency. A Keke driver in Nigeria may earn between ₦8,000 to ₦19,000 per day.
How Profitable Is Tricycle Business In Nigeria?
This topic explores how profitable it is to start a tricycle business in Nigeria as it looks at operating costs incurred by operators, market demand for their services & competition levels between the operators with potential earnings that may result from working within such an industry.