Connect with us
SSN
Advertisement
IZIKJON
Advertisement
forex
Advertisement
Stanbic IBTC
Advertisement
Binance
Advertisement
Esetech
Advertisement
Patricia
Advertisement
Fidelity ads
Advertisement
app

Business News

Crowdyvest launches PlentyWaka to compete with Uber and OBus

Farmcrowdy-owned investment platform, Crowdyvest has launched PlentyWaka, its business-style bus riding service in Lagos, competing with OBus and Uber.

Published

on

PlentyWaka, Farmcrowdy, Crowdyvest, Uber, Bolt, OBus

Crowdyvest has launched PlentyWaka, its business-style bus riding service in Lagos, competing with OBus and Uber. The newly unveiled ride-hailing bus was launched on Monday, September 16, 2019, with a pilot phase of 25 buses. 

Speaking on the ride-hailing serviceOnyeka Akumah, Founder and CEO of Crowdyvest, expressed his excitement at the launch of PlentyWaka and its meaningful contribution to the achievement of the United Nation’s Social Development Goals.

[READ MORE: Uber’s rival Swvl wants to expand into Nigeria, but commercial buses pose a threat]

Akumah said,Crowdyvest was launched to foster a broader avenue for economic growth and build a system that will span across Nigeria and the rest of Africa. With the launch of PlentyWaka, we are focusing on innovation and better infrastructure in transportation for everyday Lagosians.” 

Crowdyvest launches bus-hailing service, Plentywaka

L-R: Pastor Debo Omotunde (Stakeholder), John Shaibu, VP of Customer Engagement, Enagwolor Johnny, Co-Managing Director, Afolabi Oluseyi, VP, Operations; Pastor Godman Akinlabi (Stakeholder); Onyeka Akumah Founder and CEO, Crowdyvest and Oluwakemi Adeitan, Human Resources Manager

PlentyWaka is a technology-driven bus sharing solution, designed to allow users to schedule their rides from their preferred pick-up locations to their desired destination and receive real-time information about their rides thus offering every-day commuters convenience, safety and comfort in their daily commute. 

What you should know: This development came as indication emerged some days ago that Uber is planning to expand its imprint on public transportation in Lagos, by offering a bus system.  

Uber’s representatives have met with transport officials from Lagos, and have at the same time, toured the terminals of the newly launched Lagos buses. According to Uber’s general manager for sub-Saharan Africa, Alon Lits, the company representatives have also met with transport officials to discuss plans for collaboration. 

Deal book 300 x 250

More so, recall that Opay some weeks back, launched OBus, its bus hailing service in Lagos.

[READ ALSO: Why Lagos State Government might not encourage ride-hailing startups – Joe Igbokwe)

Are bus-hailing services poised to thrive? First, it is pertinent to understand that the majority of these bus-hailing services have launched in Lagos. This is no doubt because of the numerous opportunities in the transportation sector in the nation’s commercial hub. 

The poor state of the popular yellow buses and unstable fares, especially during traffic congestion, has created investment opportunities for bus-hailing services in Lagos and other major cities.  

bitcoin train

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ).Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Coronavirus

Update: Health Minister states side effects of COVID-19 vaccines

Dr. Osagie Ehanire has disclosed the side effect of the COVID-19 vaccines.

Published

on

Nigeria to vaccinate 20 million people against Covid-19. Chinese Engineering firm donates medical supplies to Nigeria

Minister of Health, Dr. Osagie Ehanire has stated the side effects of the COVID-19 vaccines, which he said is mild.

The minister disclosed this during the live broadcast when President Muhammadu Buhari took his vaccine shot on Saturday.

According to the Minister, the reactions are usually mild and only few people had complained of mild pain in the part of the body they got the shot.

He said, “It is not everybody that complained of reactions/side effects but few had complained of mild pain at the part of the body they got the shot.

”Usually manufacturing vaccines take not less than 4 years but this only took about 1 year, which is the reason some people are apprehensive about the vaccines. This was manufactured in the United Kingdom and has been certified.”

Ehanire, explained that the jab is painless as a narrow gauge syringe was used with a small quantity injected in the upper arm.

He added that the after-effects are mild but accompanied by little discomfort in the area that was injected.

Present at the brief ceremony were the Secretary to the Government of the Federation (SGF) Mr Boss Mustapha; Minister of Information and Culture, Alhaji Lai Mohammed; the Chief of Staff to the President, Professor Ibrahim Gambari and other members of the Presidential Task Force (PTF) on COVID-19, senior government officials and journalists.

Continue Reading

Coronavirus

Update: President Buhari, VP Osinbajo get COVID-19 vaccine shots

President Buhari and VP Osinbajo have been vaccinated against COVID-19 on Saturday at the State House, Abuja.

Published

on

President Muhammadu Buhari and Vice President Yemi Osinbajo have been vaccinated against COVID-19 on Saturday at the State House, Abuja.

President Buhari and VP, who received his COVID-19 vaccine shot on Live TV broadcast, urged Nigerians to emulate him and do the same to curb the pandemic in the most populous black nation.

 

Both were administered their jabs, on Saturday morning, at the Banquet Hall of the presidential villa, Abuja at a ceremony broadcast live on national television.

Their inoculation followed their e-registration and filling out of their vaccination cards by the Executive Director of the National Primary Health Care Development Agency (NPHCDA), Faisal Shuaib.

Vaccination of Buhari was done by Chief Personal Physician to the President, Dr Suhayb Rafindadi.

Osinbajo was also vaccinated by his personal physician, Dr Nicholas Audifferen.

Continue Reading



Advertisement





Nairametrics | Company Earnings

Access our Live Feed portal for the latest company earnings as they drop.