The survey carried out discovered that people who’ve skilled job cuts have resorted to discovering alternative routes to generate earnings. One efficient answer they’ve discovered is to repurpose their private automobiles. This transition has allowed them to deal with a number of points directly.
By remodeling their vehicles into cell companies, Nigerians are capable of offset gas bills and forestall their automobiles from rusting whereas they continue to be idle.
Moreover, the excessive price of renting bodily retailers has made it difficult for aspiring entrepreneurs. Consequently, turning private vehicles into cell shops eliminates the necessity for a bodily house, saving on rental prices and providing a extra versatile enterprise strategy.
The research additionally found that former company staff are actually utilizing their vehicles to promote quite a lot of merchandise like footwear, garments, and kitchen utensils from the comfort of their automobiles.
Equally, others have ventured into the ride-hailing business, utilizing their personal automobiles to supply transportation companies.
The analysis concluded that this pattern just isn’t solely restricted to people who’ve misplaced their jobs, but in addition to those that beforehand operated conventional shops and have transitioned to cell companies as a result of skyrocketing rental prices.