The survey performed 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 automobiles. This transition has allowed them to handle a number of points without delay.

By remodeling their automobiles into cell companies, Nigerians are in a position to offset gas bills and forestall their automobiles from rusting whereas they continue to be idle.

Moreover, the excessive value of renting bodily retailers has made it difficult for aspiring entrepreneurs. Consequently, turning private automobiles into cell shops eliminates the necessity for a bodily area, 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 automobiles to promote a wide range of merchandise like footwear, garments, and kitchen utensils from the comfort of their automobiles.

Equally, others have ventured into the ride-hailing trade, utilizing their non-public automobiles to offer transportation companies.

The analysis concluded that this pattern will not be solely restricted to people who’ve misplaced their jobs, but additionally to those that beforehand operated conventional shops and have transitioned to cell companies resulting from skyrocketing rental prices.