Fuel price hike: Digitisation of mass transit sector to provide succour — NAIRAXI CEO

<p>The Co-founder and CEO of NAIRAXI, Nigeria’s leading tech mobility company, Kingsley Eze, has said digitization of Nigeria’s public transit system is the solution to the increasing cost of petrol.</p>, <p>Eze made the call on Arise News Night while speaking on fuel subsidy removal and the role of digital mobility in cushioning its effect, especially in the area of public mass transportation.</p>, <p>He said that apart from food, Nigerians spend most of their money on transportation to move from one place to another.</p>, <p>According to him, NAIRAXI “helps you to ensure that your physical asset is well utilized. We have technology-powered bus services, affordable and efficient mass transit systems that are currently transporting people en masse”.</p>, <p>Speaking on his contribution to the transport sector amidst the recent fuel subsidy removal and fuel price increase, the NAIRAXI boss made reference to the free mobility services which his company is providing to Commuters within FCT.</p>, <p>“We provide free rides from the central business district to three(3) major satellite towns in Abuja, namely, Nyanya, Lugbe, and Kubwa”, Eze noted.</p>, <p>He further explained that the process has helped to get Abuja residents acquainted with the NAIRAXI tap-to-pay technology available on the free BRT transit buses.</p>, <p>He further emphasized the benefits of tech-driven mass mobility in Abuja. He stated that the initiative will decongest the road and be a solution to the mammoth issues surrounding subsidy removal. It also provides an outlet for citizens to access affordable transportation from point A to point B.</p>, <p>According to Eze, contactless payment would help ensure that the mass transit system is well utilized, monitored, secured, and trackable.</p>, <p>He says, “With NAIRAXI, you don’t have to drive to work, your car is parked almost 90% of the time. With the use of technology, mass transit services could be scaled up, therefore making transit services efficient and accessible to all.</p>, <p>While making