Lagos State governor, Babajide Sanwo-Olu has launched an e-hailing taxi service, ‘Lagos Ride’ as a rival to private companies in the likes of Uber and Bolt.

Sanwo-Olu unveiled the scheme on Thursday, March 4, 2021 by signing a partnership agreement with CIG Motors Company Limited.

The new ride will pilot a fleet of 1,000 units of brand new Sport Utility Vehicles (SUVs) and will fully take off within the next six months.

The Cooperative Society in the Lagos Ministry of Wealth Creation and Employment will give operators brand new SUVs for a period of four years, during which they are to pay a monthly installment, 9jabreed reports.

The operators will then have the opportunity to fully own the cars at the end of the credit tenure.

Sanwo-Olu stated this service is a social intervention program initiated with an objective to create jobs and economic opportunities for Lagosians.

The governor further added that the service has been structured in a profitable manner that is designed to be self-sustaining for expansion and growth.

“A major attribute of a modern megacity is a world-class transportation system with inter-connected services and mobility choices for the citizens.

“The task of bequeathing a safe, efficient, quick, and modern public transportation system is a key thrust of our administration’s development agenda.

“We are guided by the need for an equitable transportation system with mobility choices for our people,” the governor said.

Lagos State Launches 1000 Ride
Lagos State Launches 1000 Rides

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