Lagos State Governor Babajide Sanwo- launched a safe, comfortable and modernized taxi scheme in Lagos State today, with a rollout of the first batch of 1,000 brand-new GAC-branded vehicles under the LAGRIDE scheme.

The scheme will be operated on a lease-to-own basis, as a component of the multi-modal transportation blueprint. The need to provide a dignifying and more rewarding means of livelihood for the unemployed and underemployed population gave birth to the new ‘Lagos State Taxi Scheme’, which will be operated on a lease-to-own basis the Governor said.

That Under this arrangement, a beneficiary will be provided a brand-new car which will become the driver’s property after completion of the payment of the vehicle’s subsidized cost.

He added that “What we are witnessing today is that, Lagos is moving away from the era of the rickety cab to a brand-new, comfortable and safe transport system”.

The multiplier effect of this singular initiative on job creation, youth employment, and economic growth and development in the State cannot be overstated.