We invested over N5bn in Lagos before okada ban — Bamiduro, MAX CEO

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We invested over N5bn in Lagos before okada ban — Bamiduro, MAX CEO
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Adetayo Bamiduro, Chief Executive Officer and co-founder of MAX (Metro Africa Xpress), a motorcycle ride-hailing service, talks to SIMON UTEBOR about the impact the ban of activities of okada and k...

Adetayo Bamiduro, Chief Executive Officer and co-founder of MAX , a motorcycle ride-hailing service, talks to SIMON UTEBOR about the impact the ban of activities of okada and keke in some local councils in Lagos will have on the companythe restriction of activities of keke riders, okada riders , and motorcycle ride-hailing services like MAX and Gokada, will first start from 15 local councils in Lagos, how much effect do you think it will have on your...

So, if a driver is completely restricted from operating there, in that case, we estimate that the incomes of the drivers will reduce. At least, they will lose close to 80 per cent of their income due to this restriction. It, therefore, means that this is quite a serious ban.Absolutely, our company exists because of our drivers, so whatever impacts our drivers – no matter how small, impacts us.

Do you think it was unfair to have included you and other motorcycle ride-hailing services in the ban? It was reported that services like yours have had to pay N25m to government for every 1,000 bikes brought in. How true is this and was there any mention that the restriction might come in the future?

Let me clarify. We did not pay any money to the government in terms of licencing as a company for motorcycle hailing because licencing regime has not been implemented yet. But we pay taxes to government as a legal entity; even our drivers do. And every driver on our platform pays over N30, 000 annually for registration and licences. Beyond that, we also pay taxes to Lagos State Inland Revenue Services and also Federal Inland Revenue Service. We also pay taxes to the unions.

This is a case of a responsible company that cares about the environment and we have good innovations – the first to actually introduce electric motorcycles into commercial usage in Nigeria. If this ban goes ahead and government does not relent, then we will be forced to deploy those electric motorcycles to other parts of the cities and probably other parts of Nigeria as well.

So, if you look at our numbers, you can see that using a MAXokada is safer than entering a commercial bus in Lagos based on the statistics. We are more than capable to address the concerns that the government has genuinely raised.

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