Lagos State government launches a safe, comfortable and modernized taxi scheme in the State, with a rollout of the first batch of 1,000 brand-new GAC-branded vehicles under the LAGRIDE scheme
The scheme will be operated on a lease-to-own basis, as a component of Lagos multimodal transportation blueprint. The need to provide a dignifying and more rewarding means of livelihood for unemployed and underemployed population gave birth to the new ‘Lagos State Taxi Scheme’, which will be operated on a lease-to-own basis.
According to Lagos State Governor, Sanwo-Olu ” Under this arrangement, a beneficiary will be provided a brand-new car which will become the driver’s property after completion of the payment of the vehicle’s subsidized cost. “
Gov. Sanwo-Olu also said ” Lagos is moving away from the era of rickety cab to brand-new, comfortable and safe transport system.
The multiplier effect of this singular initiative on job creation, youth employment and economic growth and development in the State cannot be overstated.”