Looking at the grassroot politician Hon. Ibrahim Babatunde forehead at Mr. Rotimi Agunsoye, Thanksgiving reception last weekend’s as one of the event officials with bold name tag on his chest never foretold he will get over 500,000 worth of Tricycle “Keke Marwa” empowerment so soon.
Though he deserved more than that but as they say in the local parlance at all, at all nahin bad.
From the field experience about 3years ago before foreign exchange rocket to $1 to #360 , keke Marwa is sold for #410,000 in Mushin, paper work, park registration and other accessories 50,000 and the hire purchase value then stood around 700k to 750,000 weekly payment of 12000 to 15,000 plying Tejuosho Market to somewhere around Surulere. As we speak beneficiaries from one of our organizations after paying within 58weeks , the keke still serves as the riders, married with kids source of daily Agege bread.
Making additional 50,000 to 60,000 monthly from additional source of income without investing Kobo is not MMM or Loom or Liberty Gold Ponzi scheme but a good development based on logistics.
Ibrahim and other beneficiaries are expected to make nothing less than 870,00 in the next 58weeks from the Keke each, if they don’t sell it outrightly like some typical politicians do from empowerment to another while the end beneficiaries “the rider ” is expected to make over 2.5million in the next 3years. Consequently, the multiple effect empowerment is a good development and congratulations to the beneficiaries “Emi Alo”.