This new “Mega Taxi” scheme in Lagos will phase out the black stripes on yellow cabs for good

The Lagos State Commissioner for Transportation Kayode Opeifa  made interesting revelations about the new metro taxi scheme the state government is looking to usher in. We scooped this from a newspaper report in The Nation and found the highlights of the scheme quite interesting. Here are some of them;

• Provisional licences given to Taxi and Cab drivers would soon become tradable because of the government’s backing and that they could also be used as collateral for bank loans.
• A government research showed that the taxi and cab industry is worth N25 billion and this can be pushed to N50 billion in the next five years.
• Vehicles that will be admitted to the scheme will be no more than 12 years old
•  Road metering would begin next year.
• Black Stripes on the yellow cabs will be phased out, to be replaced with the state’s colours of: blue, yellow, green and red.
• Henceforth, the taxis and cabs would now be called Mega Taxis.

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