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Fuel Subsidy: NAIRAXI To Digitize Public Transport To Mitigate Adverse Effects

Ahead of the removal of fuel subsidy come June 2023, the Indigenous leading Tech-powered mobility Company NAIRAXI, has said digitizing Nigeria public transportation systems will…

Ahead of the removal of fuel subsidy come June 2023, the Indigenous leading Tech-powered mobility Company NAIRAXI, has said digitizing Nigeria public transportation systems will help mitigate future effects.

The company Chief Executive Officer, Kingsley Eze, disclosed this in a statement signed on Wednesday and made available to journalists.

The CEO noted that the vision is to consequently improve accessibility to mobility, explore alternative energies, expand proprietary mobile technology and ensure a contactless transit card and auto fare collection technology.

Eze also disclosed that the collapsed and inefficiency of our urban transit has led to what is known as “the one-man per car syndrome”. This obviously leads to traffic congestion, gridlock and poor air quality as a result of pollution.

He noted that now is the best time to explore programs and initiatives to advance the country’s transport sector.

He said “Federal employees and economically challenged Nigerians may receive transit passes in amounts approximately equal to their commuting costs but not to exceed the maximum level allowed by law. It is accessed via a seamless transportation payment platform spanning public and private systems.”

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