ARE YOU RICHER THAN A DANFO DRIVER

My people, It's time for some quick math. DAILY INCOME: Average transport fare from Obalende to Ajah = 25...




My people,

It's time for some quick math.

DAILY INCOME:

Average transport fare from Obalende to Ajah = 250;
Number of passengers per trip is 14, so 250 X 14 = 3500

Average number of attaché passengers i.e. those who enter the bus after other passengers must have alighted at crowded bus stops especially Lekki, Ikate & Jakande is 6;

Average transport fare of attaché passengers is 200, so 6 X 200 = 1200

Revenue per trip is 3500 + 1200 = 4700

Average number of trips made each day within the Obalende & Ajah axis is 8; so total transport revenue per day is 4700 X 8 = 37,600

DAILY DEDUCTIONS:

Average remittance per trip to NURTW bus stop agents & zonal agberos is 500, so 8 trips X 500 = 4000

Petrol purchased per day = 5000

Hence, total deduction is 4000 + 5000 = 9000

DAILY PROFIT:

Income minus Expenditure (37,600 - 9000) =  28,600

WEEKLY PROFIT:

28,600 X 7 = 200,200

MONTHLY PROFIT:

200,200 X 4 = 800,800

MONTHLY DEDUCTIONS:

10,000 (vehicle maintenance/servicing)

10,000 (LASTMA & Mopol fines & royalty)

Total monthly deduction is 10,000 + 10,000 = 20,000

OVERALL MONTHLY PROFIT:

800,800 minus 20,000 = 780,800

Invariably, NGN780,800 is the average profit shared by an Obalende/Ajah axis Danfo driver and his conductor every month.

Although some of these guys look haggard and unkempt, best believe their looks go a long way to mask their true wealth.

I've come across one or two danfo drivers who claimed their kids attended private secondary schools and semi-private universities in Nigeria. On the surface, it might seem an unintelligent claim but on careful introspection, you'd find that these guys actually make enough to cater for their families and still have a substantial amount as leftover. What they do with their money is none of your business, we're only dealing with the facts here.

Now tell me, how many of us graduates earn as much as NGN500,000/month within the first five years of our post-NYSC journey in the corporate sector? And if I do say so myself, I'm quite sure there are corporate professionals whose daily energy expenditure outweigh that of Danfo drivers, no thanks to a hectic organizational culture.

Ultimately, a Danfo driver decides his daily start and closing time, depending on the subtleness or enormity of his workload. But for graduates, we know how that works. By the way, can someone please confirm what the average monthly salary of entry and mid-level graduates is in Nigeria?

So, before you look down on a Danfo driver, remember these figures. It's a lesson in humility.

And someday when there is time, we will breakdown the earnings of local mechanics, uber drivers and Okada riders. Or not.

For now, we ponder on these.

Damzy.

P.S – Figures quoted in this piece may vary depending on the location under consideration.

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