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How digitizing public transport will ameliorate effect of subsidy removal – NAIRAXI

Afolabi Hakim by Afolabi Hakim
October 15, 2022
in National
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Transport fares jump by 283% amid rising fuel subsidy – NBS report
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The Indigenous leading Tech-powered mobility Company NAIRAXI says it’s working on infusing technology into Nigeria’s public transportation to help cushion the devastating impact of subsidy removal.

The company Chief Executive Officer, Kingsley Eze disclosed this in a statement made available to journalists on Friday.

Eze said digitizing Nigeria public transportation systems will help to mitigate future effects of subsidy removal.

The CEO noted that the vision is to consequently improve accessibility to mobility, explore alternative energies, expand proprietary mobile technology and ensure a contactless transit card and auto fare collection technology.

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Eze also disclosed that the collapse and inefficiency of our urban transit has led to what is known as “the one-man per car syndrome”. This obviously leads to traffic congestion, gridlock and poor air quality as a result of pollution.

He noted that now is the best time to explore programs and initiatives to advance the country’s transport sector.

He said, “Federal employees and economically challenged Nigerians may receive transit passes in amounts approximately equal to their commuting costs but not to exceed the maximum level allowed by law. It is accessed via a seamless transportation payment platform spanning public and private systems.

“The program objectives of the NAIRAXI Transit Subsidy Program for private and mass mobility is to encourage Nigerians to use public transportation for commuting to and from work, and other productive engagements.”

The Co-Founder of NAIRAXI, Elizabeth Omale explained that “increased use and nationwide adoption of NAIRAXI Digital Transit Subsidy Program will improve air quality, equity, accessibility, reduced greenhouse gas emissions, reduce traffic congestion, and conserve energy by reducing the number of single occupancy vehicles on the road. A win for everyone.”

She described the proposed removal of subsidies as the beginning of a new Nigeria. She says by using a little percentage to subsidize the transport services there will be better national growth, development and impact on the lives of the poor masses.

She encouraged all citizens to embrace the NAIRAXI Scheme so that we can take back our country by cooperatively taking out subsidies.

Although Eze reiterated that making public transportation attractive to commuters requires the digitalization of the industry. He further emphasized on the need for technology to scale up the reach and expansion of services. “Technology can cut through a lot of drawbacks in the public transport like long wait time, inefficient scheduling and payment processes.

“We should be pushing for an intermodal approach in the sense that, shared taxis, buses, rail, ferries and last-mile transit options like “Keke” must be well harnessed,” he said.

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