Lagos state governor , Mr. Babajide Sanwo-olu on Thursday inaugurated the first set of 1000 branded vehicles to kick-off the state’s blueprint on modernised taxi scheme.
“Earlier today, I launched a safe , comfortable and modernized taxi scheme in Lagos State, with a rollout of the first batch of 1,000 brand-new GAC-branded vehicles under the LAGRIDE scheme”, said the governor while inaugurating the vehicles.
He explained that, “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 the arrangement, a beneficial will be provided a brand-new car which will become the driver’s property 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”, he added.