Lagos Ride: Govt Not Taking Over E-Hailing
Concerns had been swirling in Lagos State that the newly launched Lagos Ride scheme signaled a government takeover of the e-hailing market, potentially squeezing out existing players like Uber and Bolt. However, Dr. Frederic Oladeinde, the Lagos State Commissioner for Transportation, has firmly refuted these claims, assuring drivers and stakeholders that the initiative is not designed to suppress private e-hailing companies.
Creating Opportunities, Not Competition
Dr. Oladeinde clarified that Lagos Ride is aimed at fostering an inclusive environment where Lagosians can participate in the taxi business. The initiative, a joint venture between the Lagos State government and Chinese auto manufacturer CIG Motors Co. Limited, will see the deployment of 1,000 SUVs for ride-hailing services. This move is intended to expand transportation options within the state and empower its citizens, rather than eliminate existing e-hailing platforms. The commissioner’s statement seeks to dispel fears that Lagos Ride is a prelude to replicating the motorcycle ban strategy on the e-hailing sector.
In conclusion, the Lagos State government asserts that Lagos Ride is not an attempt to monopolize the e-hailing industry. Instead, it positions the initiative as a means to broaden access to the taxi business for its residents while creating an enabling environment for all participants in the sector. The government emphasizes its commitment to facilitating diverse transportation solutions for the people of Lagos.
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