The founder and chief executive officer, Gokada, Deji Oduntan, said the Okada ride-hailing market in Nigeria was worth over $1 billion, noting that his company was working to increase its share of the market with introduction of new bikes.
Speaking at the one year anniversary of Gokada, he said the Lagos-based on-demand motorcycle taxi app, has secured close to 1,000 bikes and completed around 5,000 rides across Lagos’ Mainland each day in just 12 months.
The transport tech disruptor in the ridesharing industry which opened its brand new office in Ilupeju, Lagos which houses a state-of-the-art driver training school, confirmed that the driving school which would train and verify up to 500 riders at a time is due to open in April 2019.
Gokada is the future of quick, safe and reliable transport in Nigeria – where riders can either hail or request drivers via the newly re-launched mobile app (available on Android and iOS).
Discussing how his company is tackling the $1 billion Nigerian okada-riding market, Oduntan, said Gokada was built on a super simple premise; moving Lagos citizens around the traffic-plagued city, safely and quickly. “Congestion smothers our entire economy and affects all businesses – from SMEs to corporate giants.
“We tackle this head on, acting as a catalyst for the economy to boost productivity and keep the city moving; on two wheels. Investing in drivers, investing in tech, incorporating feedback from our customers into our product design, providing reliable and fast service to thousands of riders each day – these are all core aspects of what we have prioritised over the past year of operations at Gokada, as we work tirelessly as a team to be the future of two-wheeled transport.
“Whilst we celebrate and look back at a strong first year, we are now doubling down to make 2019, an even bigger year, as we consolidate our position as the motorcycle market leaders. As part of this, we will be looking to launch in new cities as well as introduce new verticals to our offerings.”
Nigerian tech start-up founders, many of whom arrived on Gokada bikes included Obi Ozor, co-founder of Kobo360; Nadayar Enegesi, co-founder of Andela and director of Launchpad (Andela’s internal incubator for mission-critical initiatives); and Joshua Chibueze, co-founder of PiggyVest.