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If you’ve landed on this article page, you’re probably searching for a good business idea—an idea that’s light on the pocket but heavy on returns, promising both a fulfilling journey and potential profit.

 
 

                          

How To Start A Profitable Car Tracking Business in Nigeria

This Involves Monitoring The Location Of A Truck, Car Or Any Moving Vehicle Using The Gps System. Widely Deployed To Keep Track Of Truck Fleets, Vehicle Tracking Ensures That The Vehicles Are Being Used Properly And That They Can Be Recovered In The Event They Are Stolen.

In Layman Term, It Simply Means You Put GPS Trackers In Secret Places In Peoples Cars And The Owners Can Control And Monitor The Location Of The Cars From Their Phone Or Computer.

Your Customers Are The Everyday People Who Want To Keep Their Cars Safe From Being Stolen Or Hijacked.  Your Customers Are Government Organizations, Transport Companies, Logistic Companies, Banks, Schools, And Other Big Corporations (These Ones Have A Lot Of Cars Which They'll Give To You As A Contract.

arrow yellowWhat are the requirements for registering a vehicular tracking company in Nigeria? There is no special requirement for registering a vehicular tracking company in Nigeria except those provided for companies intended for general business. It is however useful to note that where the company has a foreign participation or intended as a private security company, then the company must be registered with 10,000,000 share capital and the foreigner must present his or her business permit as part of incorporation requirements.

The National Communications Commission (“NCC”) has the prerogative to license companies seeking to undertake automated vehicular tracking services (“AVTS”). The AVTS licence is valid for the provision and operation of Public Mobile Communications – vehicular tracking services within Nigeria.

arrow yellowThe tenure of the license is five (5) years, in the first instance, and may be renewed for a further period of five (5) years. The license will expire or be revoked upon giving twelve (12) months’ notice to the NCC of the licensee’s intention not to renew the license.

The renewal of the licence is subject to the payment, within six months before the expiry date of the licence, of such licence fees as the NCC may specify as well as the fulfilment of all the terms, conditions and provisions of the licence, National Communications Act, the Wireless Telegraphy Act and Regulations.

What are the financial requirements for Vehicular Tracking Service License?

arrow yellowThe Application fee is N1,000 whilst there is an administrative fee is N25,000 (being 5% of the license fee). The License Fee is N500,000. All fees are payable to the NCC through Remita.

There is also an annual operating levy which is two and half (2.5%) per cent of the licensee’s audited net revenue payable within three months after the end of the first year of the licence and thereafter quarterly on the licensee’s assessed net revenue, within thirty (30) days of the end of such quarter to be adjusted immediately on receipt of the audited annual financial statements of the licensee.

Is a Vehicular Tracking Service License transferrable? The vehicular tracking service license is personal to the licensee and therefore a licensee cannot transfer or assign its licence to another party (including the licensee’s subsidiary or associated companies) without the prior written approval of the NCC. The NCC may decline any application for transfer of licence and provide reason in the event of non-approval or grant approval for transfer of license subject to conditions.

arrow yellowProfitability: You’re Paid Up To #80,000 For Installing A Car Tracker In One Car For Only 2 Hours. Let’s Do The Math; 80k For One Installation, For The Sake Of This Example, Let’s Say You Do 2 Installations In A Day- That Is 2 X 80k… #160,000 In A Day!. Then Multiply That By 1 Week…by 1 Month. Now Imagine What That Extra Extra Cash From Installing Trackers Would Do For You…

You Don’t Need Any Experience Or A School Certificate…Or Any Technical Or Computer Skills… You Only Need 3-4 Hours A Week…Some Cheap Tools , and a Determination To Increase Your Finances, To The Level You Don’t Have To Do Complex Math In Your Head Before You Spend Money. You can make over a million naira in a month Installing Car Trackers Just 2-3 Hours Only Weekends.

arrow yellowAnother Amazing Thing About Tracker Installation Is:You Can Decide To Work Only On Weekends Or In Your Spare Time And Still Make More Than 500k Every Month. You Don’t Need Any Engineering Knowledge. You Don’t Even Need Any Technical Knowledge.You Don’t Need To Know Anything About Cars. You Don’t Even Need To Know How To Drive A Car, Or Even A University Degree, Or Any School Certificate At That.

Are there limitations to the use of the License?

The scope of operational use of the vehicular tracking service license is to install and operate fixed and mobile data network for the purpose of providing vehicular tracking services. “Fixed and mobile data network” means an interconnection of transmitting and receiving devices that will enable the position of vehicles to be determined.

Individual subscribers shall not be assigned National Numbering Plan;

The licensee shall employ the frequencies assigned to it under vehicular tracking service licence solely and entirely for the provision of the services for which this licence is granted and shall not employ the said frequencies for any other purpose.

The licensee shall not re-assign the whole or any part of the frequencies assigned to it to any other person or operator without the approval of the Commission.

The Funny Thing Is That There Are Only A Few Tracker Installers In The Country. People Overlook This ‘on-a-regular’ Money Printing Business And Keep Chasing After Businesses That Are Over Saturated{everybody Is Doing The Same Thing} That Are Not Even In High Demand.

Developing your own solution requires deep knowledge of the telematics industry and great software development skills. It’s a costly and time-consuming approach since you’ll need a team of professional developers just to create the software and integrate tracking devices

arrow yellowGet our Practical training on how to start a profitable car tracking installation service Business. we Have Made Everything So Easy For You, By Creating A Step-by-step Car Tracker  resource information. That Reveals Exactly How Anybody, Even A Grandpa Can Start To Profit  N1,000,000  Monthly Installing Car Trackers

You will learn, How To Install Trackers In The Car, The Simple Tools You Need To Start This Business, Where To Buy These Trackers For Cheap And Sell For High Profit, Where And How To Find And Attract High Paying Customers.

Click here to fill our application form:   https://forms.gle/jt7DaqkmobimT5PX8 

One on one practical training with ongoing support  from our resource person. Well-crafted training initiatives aim to close skill gaps, thus boosting individual performance. The success of this program reflects our shared commitment to creating a better future for our participants The trainees are evaluated at the end of the training period to ascertain the reliability of such training so as to assist in the provision of necessary instrument needed for starting the business or trade. Training is built on an active, experimental and practical learning sessions. Our expert advice is unique, actionable, and impossible to replicate. No one else can provide the tailored insights we offer, designed specifically for your success .Imagine having a roadmap tailored just for you, guiding you step by step toward your  career goals. Attendees will receive certificate of participation at the end of the Training
    Click here to fill our application form:   https://forms.gle/jt7DaqkmobimT5PX8
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This guide is designed to help business people including Micro, Small and Medium Scale Entrepreneurs navigate the legal and regulatory considerations relevant to starting-up and doing business in Nigeria.CLICK HERE Creating multiple streams of income can be a strong way to improve your personal finances. Whether you’re trying to boost your savings or build toward a goal, this is a move that many of the most financially successful Nigerians make.CLICKHERE

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