Dump Truck Haulage Business
Introduction If you are in Nigeria, this is a business that can easily make you NGN350,000 (USD2,334) per month although it requires a considerable amount of capital. What you need The Dump Truck A good Dump truck (faily used) starts from NGN7Million (USD47,000) but its usually cheaper if you buy from outside Nigeria. My friend Mr Mike Edo who is into the business has a business partner in Spain who buys these trucks and sends them down to Nigeria. He is available if you are interested in getting a good truck. If you decide to buy it in parts that is, buy the Head first and then the bucket later, the head alone costs about NGN4Million (USD27,000). You can also import them at cheaper rates. The Tipper Bucket (the back portion) costs about NGN2.5Million (USD17,000) to construct and install but NGN36,000 (USD240) to rent for a day in the eastern part of Nigeria. Business Structure According to my friend, the business is simpl e, get your truck, lease it to a constructio