Nigerian Startup, NAIRAXI, Set To Empower 20,000 Youths

Nigerian Startup, NAIRAXI, Set To Empower 20,000 Youths

NAIRAXI – an indigenous mobile transport and logistics on-demand software company – is set to empower over 20,000 Nigerian youths with an over $2bn projection annually to support the nation’s economy.

This was made known during a training and workshop conference, which had representatives from the Federal Road Safety Corps, drivers, and key stakeholders in the transport industry.

The Co-founder of the company, Kingsley Eze, disclosed that the company targets to empower 5000 youths in the Federal Capital Territory as potential car-owners and employ over 20,000 person, mostly youths in the country.

According to him, NAIRAXI will change the narrative in the transport sector in Nigeria, and it will save Nigeria over $2bn annually.

He said, “We’re targeting 5,000 drivers that will become potential car owners through our first of its kind drive-to-own programme when we launch our service in Abuja in the coming weeks.

“Over 2,500 drivers have been successfully signed by our start-up company since the start-off in October 2020. On-demand service is currently on the rise and Nairaxi has designed a road map that will make her stand tall in the ever-growing on-demand market.

“This serves as an avenue to interact with potential drivers, investors, and relevant stakeholders. We also elucidated the drivers that have indicated an interest in serving their ride-service on-demand to customers about the company’s philosophy, the app, and other incentives.”

He announced that the company would launch its mobile application on January 26, 2020.

He added that NAIRAXI is a hybrid mobile app that combines mobility, electronic commerce, and logistics seamlessly on a single platform.

Butressing Eze’s claim, Co-founder and CFO of the company, Elizabeth Omale, said NAIRAXI is a Nigerian brand of Uber and will take over the e-commerce and logistic business.


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