Chief Obinna Iyiegbu, popularly known as Obi Cubana, has unveiled a showroom for Compressed Natural Gas (CNG)-powered tricycles through his company, Enviable Transport, in partnership with DAG Bajaj Auto Nigeria.
The initiative is aimed at reducing transportation expenses for both drivers and passengers.
The unveiling was held at Enviable Transport’s head office showroom on Ikorodu–Sagamu Road, Ikorodu.
The partnership seeks to promote the adoption of CNG vehicles as a cost-effective solution to the fuel crisis.
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During the launch event, Iyiegbu explained the strategic choice of Ikorodu for the showroom, stating, “We want to meet the transportation needs of the people with ease and convenience. This location, with its world-class infrastructure and accessibility, is perfect for that.”
CEO of Enviable Transport, Mr Ituma Chukwuemeka, emphasised that the company has been working to address the impact of rising fuel prices on the transportation sector.
He noted that Enviable Transport had previously launched electric vehicles in Abuja, benefiting from the city’s stable electricity supply and fast-charging stations that allow for full charges in just 40 minutes, covering up to 400 kilometres.
However, with CNG being five to seven times cheaper than petrol, the company has now shifted its focus to CNG-powered tricycles.
Business Head of DAG Bajaj Two Wheelers in Nigeria, Mr Sijesh Radhakrishnan, highlighted DAG Bajaj’s dominant market share in the Nigerian motorcycle and tricycle sectors.
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