The Lagos State Government, on Wednesday, unveiled a taxi scheme with 1000 saloon and sports utility vehicles to improve transportation systems for residents of Lagos State.
The e-hailing scheme, also known as LAGRIDE, is a partnership scheme between the Lagos State government and a Chinese car manufacturing company, CIG Motors Company Ltd. The scheme empowers the youth by granting them a gainful source of income. Drivers can own the car after completing payment in three to four years.
- The partnership agreement includes a car assembling plant in Lagos State which is nearing completion, as confirmed by the Lagos State governor.
- LAGRIDE kicks off with 1000 cars, to get started will make a 1.9 million payment which covers 20% equity cost of vehicles, registration, insurance, payment for dashcam, first aid kit, LASG E-Taxi license and training. Drivers would receive an android phone for the services.
- E-hailing scheme faces competition from the already established cab service companies like Bolt and Uber.
Lagos State Comments
Lagos State Governor, Babajide Sanwo-olu emphasis on the Lagos State Taxi scheme as one of the innovative policies of his administration geared towards easing transport difficulties Lagosians faced daily. This policy will improve mobility and create the needed ideal multi-modal transport system which will speed up the socio-economic growth in the state. The scheme also aligns with the state government goal of reducing unemployment.