As transportation costs continue to rise across Nigeria, Enviable Transport, in partnership with DAG Bajaj Auto Nigeria, has introduced a showroom for Compressed Natural Gas (CNG)- powered)- Powerful tricycles to alleviate passengers’ financial strain.
The partnership seeks to promote the adoption of CNG vehicles as a cost-effective solution to the fuel crisis.
At the unveiling ceremony in Lagos, the chairman of Enviable Transport, Obinna Iyiegbu, said the initiative aims to reduce transportation expenses for both drivers and passengers. Iyiegbu, popularly known as Obi Cubana, 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.”
Enviable Transport CEO Ituma Chukwuemeka emphasised that the company has been working to address the impact of rising fuel prices on the transportation sector. Enviable Transport had previously launched electric vehicles in Abuja, benefiting from the city’s stable electricity supply and fast charging stations. The cars allow total charges in just 40 minutes and cover up to 400 kilometres.
However, with CNG being five to seven times cheaper than petrol, the company has shifted its focus to CNG-powered tricycles. “CNG offers significant savings. Where a driver typically spends N700 on petrol daily, CNG reduces that cost to as low as N100, making it more affordable for commuters,” Chukwuemeka explained.
The business head of DAG Bajaj Two Wheelers in Nigeria, Sijesh Radhakrishnan, highlighted DAG Bajaj’s dominant market share in the Nigerian motorcycle and tricycle sectors. DAG Bajaj’s 65 per cent share of the motorcycle market underscores its leadership position, and the partnership with Enviable Transport aims to revolutionise the transport sector further with CNG-powered tricycles.
