In a bid to cushion the effects of fuel subsidy removal, a tech-driven mobility company, NAIRAXI and its partner Firstplus have unveiled a digital system to support mass transportation in the Federal Capital Territory (FCT).
Speaking at the unveiling, Chairman of Firstplus, Alh Yusuf Aliyu Umar said the ongoing plans to work with FCT Administration would help to alleviate and soften the impacts of the fuel subsidy on Nigerians.
He explained that the mass transit scheme would be beneficial to Nigerians as it would change the transportation landscape.
Co-founder and Chief Executive Officer of NAIRAXI, Kingsley Eze, said the initiative would enhance accessibility to affordable transport services.
“The initiative provides a sustainable platform through which mass Transportation can be effectively subsidized by governments and yet create huge revenue. The Automated Fare Collection system of NAIRAXI allows the convenient use of contactless smart cards as cashless payment instruments in public transportation modes,” he said.
Co-founder of NAIRAXI, Elizabeth Omale said: “NAIRAXI is a home grown indigenous app that has come to make a difference in the transport sector. She explained that there is a lot to be tapped out from the transport sector.”
