Insecurity: FCTA Grants Licenses to Nairaxi, Bolt Operations in Abuja
To curb insecurity in Abuja, The Federal Capital Territory Administration (FCTA), through its Transportation Secretariat, has issued operational licenses to Bolt and Nairaxi, as the exclusive ride-hailing operators authorized to provide on-demand transport and logistics services using mobile applications in FCT. Bolt, a leading transportation mobility company, operates in 500 cities, with over 3 million drivers and 150 million customers. On the other hand, Nairaxi is an indigenous mobility tech company that won an innovator’s competition organized by the Nigerian Communications Commission in February 2023. The granting of operational licenses to Bolt and Nairaxi aims to improve and regulate e-ride-hailing operations while elevating service excellence in the FCT.