
New Bank-Backed Vehicle Leasing Programme and LagRide Academy Expansion to Boost Fleet, Safety, and Service for Lagos Commuters
Lagos, Nigeria – LagRide, the smart mobility and e-hailing service operated by the CIG Group in partnership with the Lagos State Government, has launched an ambitious new initiative: a bank-backed vehicle leasing programme set to add 10,000 additional drivers and partners to the roads ahead of the high-demand Ember months.
This massive expansion is designed to ensure that every Lagos resident and visitor has access to a safe, reliable, and affordable ride when the city’s activity peaks with concerts, weddings, and holiday travel.
Chief Diana Chen, Chair of the CIG Group, explained the strategic timing: “Lagos becomes the heartbeat of Africa during the Ember months. 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.”
The Leasing Programme: A Clear Path to Ownership
The core of the initiative is a robust vehicle leasing program offering drivers an affordable, transparent, and bank-supported pathway to vehicle ownership. The scheme provides brand-new CIG vehicles with key integrated benefits:
- Flexible Repayments: Weekly remittances are aligned to actual kilometers driven, ensuring sustainability.
- Full Cover: Maintenance, insurance, and operational support are integrated, protecting drivers from unforeseen costs.
- Financial Security: Drivers are provided with a clear pathway to taking full possession of their vehicles in the shortest possible time.
Jubril Arogundade, Acting Managing Director of LagRide Nigeria Limited, called the initiative a continuation of the company’s promise to provide local solutions that meet world-class standards.
Safety, Training, and Financial Rewards
Safety remains the defining value of the LagRide brand. Every leased vehicle is equipped with advanced safety features, including driver-facing cameras, panic buttons, and live diagnostic feeds connected to LagRide command centers, ensuring maximum protection for riders.
Central to the quality of service is the LagRide Academy. Every new driver undergoes intensive training covering premium customer service, road safety, first aid, financial literacy, and electric vehicle maintenance. Graduates receive:
- A professional certificate.
- Access to brand new vehicles and smartphones.
- Health and life insurance support.

Top-performing drivers can achieve monthly earnings between ₦250,000 and ₦400,000 and can qualify for accelerated vehicle ownership in as little as six months. These highly-trained professionals earn a LagRide Pro badge in the app, signalling service excellence to customers.
Interested drivers and partners can begin the application process by visiting the LagRide Driver Centre in Alausa, Ikeja, or by downloading the LagRide Partner app. The first wave of bank-financed cars is set to hit Lagos roads before the end of September.
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