Site icon Nairametrics

Mixed reactions trail Joe Igbokwe’s stance on ride-hailing startups 

Joe Igbokwe

The Nigerian social media space has since been set on fire, as many social media users reacted to the submission of Joe Igbokwe, the spokesperson of Lagos State APC and a cabinet nominee in this present Lagos State administration on Gokada’s temporary shutdown. 

As reported on Nairametrics, Igbokwe stated that it is impossible for ride-hailing startups to thrive in the country’s commercial hub, as the stiff competition in the industry is gaining momentum day by day. 

According to him, if the bikehaling startups are allowed to operate freely, they will jeopardize the investment of the State Government in the Bus Rapid Transit (BRT). 

“Instead of partnering with govt on BRT, you invested 5.3 million dollars in okada business and expect that Lagos state will allow you jeopardize its multi-billion naira mass transit investments.  

READ ALSO: Abattoirs’ closure, grounding of business activities in Enugu markets costly for traders

News continues after this ad

News continues after this ad

See the reactions below. 

 Joe Igbokwe was recently appointed by the Lagos State Governor, Babajide Sanwo-Olu as one of his cabinet nominees sent to the House of Assembly for screening and clearance. 

READ MORE: Blunder: GoTV berates gallant Super Falcons in “sexist” tweet faux pas

Back story: Amidst rising competition in the mobility hailing market in Nigeria, bike-hailing app company, Gokada had announced that it was shutting down its operations temporarily in the country. The shutdown was announced by Gokada’s Chief Executive Officer (CEO), Fahim Saleh. 

Gokada’s decision to exit the market immediately was compelled by Saleh’s personal experience on one of the company’s bikes in Victoria Island, Lagos. 

While most businesses shut down their operations in Nigeria due to the country’s business environment, Saleh’s reasons have nothing to do with Nigeria’s hostile territory but self-development to enable the company to compete better in the emerging market. 

According to Saleh, he hailed a Gokada bike from Victoria Island to Mainland bridge, and his experience was unpleasant because of two major reasons, which are rider’s failure to get to his pickup point within allotted time, and rider’s struggle to navigate the road due to a fault developed by Gokada’s app. 

Mixed reactions from Nigerians, however, trailed the Gokada’s temporary shutdown disclosure. Among those who reacted is Igbokwe, who claimed that it was impossible for the Lagos State government to allow startups like the Gokada thrive considering state government’s investment in Bus Rapid Transit (BRT). 

Exit mobile version