Truck business in Nigeria is the most profitable and yet most “bankruptable” investment to engage in. What makes the truck business profitable? This is what I will be writing in my upcoming blog posts but why do people go bankrupt after investing so much into the business, this is what we will be looking at in this article. I know of a rich man who invested over N40 million in truck heads (also known as tractors) with a 40ft container body attached to them. He is based abroad (like we use to call it). According to him he went into the business because the profit statistics was very good and attractive; the mathematical permutation of earnings after expenses makes the business a goldmine for those who want to diversify their investment(s). To cut the long story short, he invested his fortune into the truck business and in less than 2 years he lost all investment and also incurred a loss in the business. As a matter of fact, I witnessed when he had to sell the last truck...