Tag: motorcycles

Transportation

FG launches new leasing scheme for motorcycle, tricycle operators

The Federal Government has unveiled a new leasing model aimed at replacing what it described as exploitative hire purchase arrangements for motorcycle and tricycle operators across the country. The initiative, introduced through the Equipment Leasing Registration Authority in partnership with Century Information Systems Ltd. and the National Commercial Tricycle and Motorcycle Owners and Riders Association […]

Nigeria, Germany partner on SME growth
Business

SMEDAN to acquire N6bn motorcycles, tricycles

The Small and Medium Enterprises Development Agency of Nigeria would spend N6.2 billion on motorbikes and tricycles as part of empowerment projects for Nigerian youths and women in 2024. The PUNCH reported that this is despite the fact that 12 state governments and the Federal Capital Territory have completely or partially prohibited motorcycle activities. According […]