… LagRide introduces electric vehicles, as Lagos cuts carbon emissions

… drivers to earn ₦250,000–₦400,000 monthly with fast-track ownership options

Oredola Adeola

LagRide, the smart mobility and e-hailing service operated by CIG Group in partnership with the Lagos State Government, has announced the launch of a new bank-backed vehicle leasing programme that will place 10,000 additional drivers and partners on Lagos roads ahead of the Ember month rush.

Advisors Reports gathered that the expansion would see the introduction of electric-powered vehicles into the fleet, as Lagos State begins to record a drop in carbon footprint.

The company stated that the monthly earnings range between ₦250,000 and ₦400,000 depending on performance, and top-performing drivers can qualify for accelerated vehicle ownership pathways in as little as six months.

Chief Diana Chen, Chair of CIG Group, confirmed this in a statement obtained by Advisors Reports.

According to her, the expansion underlines LagRide’s commitment to providing every resident and visitor in Lagos with a safe, reliable and affordable ride within minutes.

She said, “As a diversified group with portfolio companies across transportation, energy, technology and consumer goods, we noticed that Lagos becomes the heartbeat of Africa during the Ember months.

“Churches fill, families reunite, and our diaspora comes home. LagRide exists so that movement around the city is dignified, safe and joyful.

“By joining forces with Nigerian banks, we are handing the steering wheel of that experience to empowered local entrepreneurs.”

Advisors Reports gathered that the CIG Group has designed a robust vehicle leasing programme designed to empower drivers and partners through affordable, transparent, and bank-supported financing.

“The scheme allows drivers to access brand-new CIG vehicles with quick bank approvals and competitive rates, allowing them to work with dignity and financial security.

“The programme provides a clear pathway to ownership, enabling drivers to take full possession of their vehicles in the shortest possible time.

“Repayments are structured flexibly, with weekly remittances aligned to actual kilometres driven, ensuring that repayments mirror usage and remain sustainable.

“The leasing programme comes with full cover: maintenance, insurance, and operational support are integrated, ensuring that every driver can focus on service delivery without fear of unforeseen costs or disruptions,”   CIG Group revealed.

Jubril Arogundade, Acting Managing Director of LagRide Nigeria Limited, described the initiative as a continuation of LagRide’s founding promise: “From day one we have offered local solutions that meet world-class standards.

“The new leasing programme continues that promise by giving drivers a simple, transparent route to owning the cars they drive while improving service quality for riders.”

Advisors Reports gathered that every LagRide leased vehicle comes equipped with advanced safety features, including driver-facing cameras, panic buttons, and live diagnostic feeds connected directly to the LagRide command centres.

These measures, according to the company, ensure that riders enjoy maximum protection, while drivers are supported with real-time monitoring and assistance.

Beyond safety, the rider experience is anchored in comfort, reliability and trust. Vehicles are maintained to international standards, ensuring clean interiors, smooth rides, and professional presentation.

GCE stated that thousands of new cars and trained drivers will be provided as the Ember season, with its heightened demand from airport arrivals, concerts, weddings, and crossover services, giving Lagosians and visitors peace of mind during the busiest time of the year.

The expansion, according to the company, is also coming with the LagRide Academy, created to recruit, train and empower drivers who embody Lagos excellence.

It added that every new driver will undergo intensive training that blends technical know-how with professional and personal development.

The Academy curriculum covers premium customer service, road safety protocols, first aid, and mastery of the LagRide app, as well as ongoing modules in financial literacy, electric vehicle maintenance, and updated traffic regulations.

CIG Group further explained that the graduates leave with a professional certificate, access to brand new vehicles and smartphones, and even health and life insurance support.

The company stated that the monthly earnings range between ₦250,000 and ₦400,000 depending on performance, and top-performing drivers can qualify for accelerated vehicle ownership pathways in as little as six months.

Drivers who complete the programme earn a LagRide Pro badge in the rider app.

The company explained that those new to professional driving will complete either a two-day induction or the full five-day LagRide Academy programme before being assigned a vehicle.

It stated that partners who may not wish to drive themselves can also participate by leasing vehicles and engaging trained drivers from the Academy, creating investment opportunities for non-drivers while expanding the fleet available to Lagos residents.

Chief Diana Chen emphasised that the expansion programme is not only about vehicles and finance, adding that it is about dignity of work, pride of service, and the freedom for every Lagosian to move with confidence.