Governor Sanwo-Olu Speaks On LAGRIDE Scheme After Rolling Out 1000 Brand New Vehicles

A safe, comfortable and modernised taxi scheme has taken off in Lagos State, with the rollout of the first batch of 1,000 brand-new GAC-branded automobiles by Governor Babajide Sanwo-Olu, on Wednesday.
 
The scheme, codenamed “LAGOS RIDE”, was launched at a well-attended ceremony held at the State House in Alausa.

On his Facebook Page, he wrote: Earlier today, I launched a safe, comfortable and modernised taxi scheme in Lagos 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 our 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.

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 subsidised cost.

What we are witnessing today is that, 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.