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Nairametrics
Home Spotlight

Lost His Job, But He Makes More Than What He Earned By Being A Taxi Driver

Ugodre Obi-chukwu by Ugodre Obi-chukwu
August 30, 2012
in Spotlight
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Jide has always dreamt of a career in banking back in University and so when during NYSC he had an opportunity to join a “new generation” bank (as they were called then) he jumped at it. He spent the better part of five years learning the trade working In operations, marketing and treasury, all in a bid to gain requisite experience. Then came the Banking Tsunami of 2009 and Jide suddenly found his career threatened. His name appeared on the list of people that will be sacked years later after his bank was taken over. Fortunately, he was paid severance of N3m only and wished the best of luck in his future endeavors by his prior employers.

After looking for a job for months without getting one he decided enough was enough and decided to do something fast. After much research he decided owning a taxi was his best option. He soon bought one and got a driver to run it. But that didn’t work as returns didn’t match his expectations. He decided to take a bold and unattractive step, drive the car himself. The car is a fairly used good condition Toyota Camry with Air Conditioner both of which made his decision to drive easy. Its a decision he looks back to with pride. Today he makes about N15,000 weekdays and as much as N25,000 weekends( Friday and Saturday each). On an Average, Jide makes a revenue of about N500,000 monthly. On a good month, it could be as high as N600,000, more than he ever earned in the bank.

His customers are mostly students and working class ladies who can’t afford a car but can’t stand the rickety public transportation system in Lagos. Jide is presentable, patient and intelligent. Qualities that make him in demand. There was this weekend one of his customers came to town and felt like going to club. He called Jide at 11pm to come take him. Jide told him it was late but he could come out for N30k.The customer is high net worth and quickly accepted the price. On getting to the venue, Jide opened the door for him and asked him to call as usual when he is done. It’s a routine he is all too familiar with. Usually, he drops them off, pulls back his sit and takes a quite nap with his AC and engine running. But his customer wasn’t having any of that that night and asked that Jide joins him at the VIP.

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He says the job comes with its hazards just as any other job. But this is his and he treats it with all the seriousness and dedication it deserves. He saves N100k every month from his earnings and hopes to buy another taxi soon. He projects in the next two years he will be running a fully fledged car hire business with drivers, secretaries and cashiers. From being and employee he’d soon become an employer of labour. He is confident of success as he sees the sacrifice he is making now as a learning curve. He is learning all the intricacies of the business and believes this will come good when he expands.  On whether he still wishes to pursue a career in banking he firmly says nahh!! Most of his colleagues are still jobless and some have even finished their severance money. They look at him sometimes and wonder if he is crazy. He says he has been lucky but won’t neglect the fact that courage and his decision to ignore stereotypes led him to where he is now. Its just too counterproductive to dwell on the negatives of his new job.

He believes, his journey is just starting. Surely, he can’t keep driving taxes forever as his university education should be put to better use. For now, he can only thank his stars that no one can sack him, ever  again.

 

Tags: Personal Financeunemployment
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

Next Post

How Being An Apprentice Saved His Life

Comments 23

  1. resourcedat says:
    August 30, 2012 at 8:01 pm

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/afFQL6Xi

    Reply
  2. ugodre says:
    August 30, 2012 at 8:01 pm

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/DWRV9azq

    Reply
  3. cindyakpuru says:
    August 30, 2012 at 8:17 pm

    Very impressive RT @ugodre: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/6kcrVl6A

    Reply
  4. ugodre says:
    August 30, 2012 at 8:29 pm

    RT @cindyakpuru: Very impressive RT @ugodre: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/6kcrVl6A

    Reply
  5. hottopic1 says:
    August 31, 2012 at 7:07 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  6. SundayAkintayo says:
    August 31, 2012 at 7:17 am

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER | UGOMETRICS https://t.co/NSWlwTnC

    Reply
  7. Yatairu says:
    August 31, 2012 at 7:20 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  8. Yatairu says:
    August 31, 2012 at 7:24 am

    Inspiring https://t.co/Zfmoupzv

    Reply
  9. Griffinstreaks says:
    August 31, 2012 at 7:30 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  10. pamboogie says:
    August 31, 2012 at 7:31 am

    “@Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/4XiVQArb”

    Reply
  11. CutsiLala says:
    August 31, 2012 at 7:35 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  12. Love_NasirJones says:
    August 31, 2012 at 7:41 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  13. je_mc2 says:
    August 31, 2012 at 7:52 am

    The story of the banker turned taxi is very inspiring. Legit money is legit money. https://t.co/68mLnSJ4

    Reply
  14. Rockzystyle says:
    August 31, 2012 at 7:55 am

    RT @Ebuka: RT @ugodre: INSPIRING===>> LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/eSv1K4hr

    Reply
  15. AdaIzsna says:
    August 31, 2012 at 7:55 am

    RT @je_mc2: The story of the banker turned taxi is very inspiring. Legit money is legit money. https://t.co/68mLnSJ4

    Reply
  16. AdaIzsna says:
    August 31, 2012 at 7:56 am

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/8rtkTxmH

    Reply
  17. graceiheji says:
    August 31, 2012 at 7:59 am

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER | UGOMETRICS https://t.co/aTYSL1v5

    Reply
  18. DicksonKalu says:
    August 31, 2012 at 8:00 am

    LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER | UGOMETRICS https://t.co/hHAs62FA An Intelligent Jide

    Reply
  19. solazo69 says:
    August 31, 2012 at 11:17 am

    Love such stories—» “@ugodre: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER https://t.co/AYp9pe5F“

    Reply
  20. ugodre says:
    September 1, 2012 at 11:41 am

    BLOG POST:: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER – Jide has always dreamt of a… https://t.co/rRhfaFeZ

    Reply
  21. ugodre says:
    September 16, 2012 at 11:01 pm

    BLOG POST:: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER – Jide has always dreamt of a… https://t.co/Wa13NvJ3

    Reply
  22. imoisilis says:
    September 16, 2012 at 11:35 pm

    RT @ugodre: BLOG POST:: LOST HIS JOB, BUT HE MAKES MORE THAN WHAT HE EARNED BY BEING A TAXI DRIVER – Jide has always dreamt of a… http …

    Reply
  23. 100000848184053 says:
    October 3, 2012 at 9:03 am

    yes you can be an employer yourself that a wonderful lesson, forget what pple will say ride on with your life, moreover it gives you time to do what ever you feel like doing and if you want to relax no query to answer.

    Reply

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