The survey carried out discovered that people who’ve skilled job cuts have resorted to discovering alternative routes to generate earnings. One efficient resolution they’ve discovered is to repurpose their private autos. This transition has allowed them to handle a number of points directly.
By reworking their vehicles into cellular companies, Nigerians are capable of offset gas bills and stop their autos from rusting whereas they continue to be idle.
Moreover, the excessive value of renting bodily outlets has made it difficult for aspiring entrepreneurs. Consequently, turning private vehicles into cellular 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 employees at the moment are utilizing their vehicles to promote a wide range of merchandise like sneakers, garments, and kitchen utensils from the comfort of their autos.
Equally, others have ventured into the ride-hailing trade, utilizing their non-public autos to supply transportation companies.
The analysis concluded that this pattern shouldn’t be solely restricted to people who’ve misplaced their jobs, but additionally to those that beforehand operated conventional shops and have transitioned to cellular companies as a result of skyrocketing rental prices.