Lagos is a city that never slows down. Every day, millions of people are on the move to work, school, or business, and transport often becomes a daily struggle. Between rising transport fares, traffic jams, and the stress of finding reliable rides, it is clear why better options are in demand. To ease this problem, the Lagos State Government introduced LagRide, a ride-hailing scheme that gives drivers access to brand-new cars on a hire-purchase plan.
This means drivers can earn an income while gradually paying off the vehicle until they fully own it. If you are thinking about joining LagRide as a driver, understanding how the application works and what is required will save you time, stress, and wasted effort.
What is LagRide?
LagRide is a Lagos State Government initiative designed to modernize public transportation. It works as a ride-hailing service similar to Uber or Bolt, but with government support. Drivers (called partners) are given new cars on a lease-to-own model. The driver uses the car to pick passengers, pays weekly installments through the app, and eventually becomes the full owner of the car after completing the payment. The scheme was introduced by Ibile Holdings (the investment arm of Lagos State) in partnership with a technology company, and it is regulated by the Lagos State Taxi and Cab Regulatory Authority (LASTRTA).
What You Gain from the LagRide Scheme
If you are considering applying for LagRide as a driver, here are some of the real benefits you can look forward to:
Government-backed credibility
Since LagRide is supported by the Lagos State Government, drivers gain credibility and recognition. Passengers also tend to feel safer using a service that is officially regulated, which builds trust and loyalty.
Access to a brand-new car
Many people in Lagos dream of driving their own car but the high upfront cost makes it difficult. With LagRide, you do not need to buy a car outright. Instead, you get a brand-new vehicle through the scheme and can start earning immediately.
Flexible payment plan
The repayment is spread over a long period, usually about 4 years. This makes it easier for drivers to manage their finances without feeling too much pressure. You earn daily, and a portion of that goes toward paying off the car.
Insurance and maintenance covered
Unlike buying a car yourself, LagRide includes insurance and regular maintenance in the package. This means drivers do not have to worry about sudden repairs or extra costs when something goes wrong.
Steady demand for rides
Lagos is a city that never stops moving. With millions of people going to work, school, markets, and events every day, drivers rarely run out of customers. This steady demand translates to consistent income.
Full ownership
Once you finish paying off the agreed amount, the car becomes yours. This gives drivers not just an income source, but also an asset they fully own at the end of the contract.
Requirements for Applying to LagRide
Not everyone qualifies automatically for LagRide. Applicants must meet certain conditions. The major requirements include:
- Valid driver’s license issued by the Federal Road Safety Corps (FRSC).
- Lagos State Residents Registration Agency (LASRRA) card to prove you live in Lagos.
- Bank Verification Number (BVN) for financial identification.
- National Identification Number (NIN) for personal identification.
- Clean driving record (no history of reckless driving).
- Smartphone (Android or iPhone) to use the LagRide mobile app.
- Initial deposit – Applicants are required to make a refundable deposit (often around ₦1.9 million, but it may change over time).
- Guarantors – Usually, two reputable guarantors are required to support your application.
Step-by-Step Process on How to Apply for LagRide
Step 1: Visit the Official Website
Go to the official LagRide portal at www.lagride.ng. The website provides all the information you need about the scheme, including terms and conditions.
Step 2: Create an Account
- Click on the “Join to Drive” button.
- Provide your full name, phone number, email, and create a password.You will get a confirmation email or SMS to verify your account.
Step 3: Fill the Application Form
Log in and complete the online application form. You will be asked to provide personal details such as:
- Residential address
- Employment history
- Guarantor details
- Driving experience
Step 4: Upload Required Documents
Scan and upload clear copies of:
- Driver’s license
- LASRRA card
- NIN slip
- BVN details
- Passport photograph
- Utility bill (for address verification)
Step 5: Pay the Initial Deposit
Applicants must make an initial contribution, usually through bank transfer or online payment. This serves as security for the car.
Step 6: Attend Screening and Training
After submitting your application, you will be invited for:
- Background checks (criminal record and driving history).
- Medical fitness test (eye and general health check).
- Training session on how to use the LagRide app, customer service, and safety rules.
Step 7: Vehicle Allocation
If you pass the screening, you will be assigned a brand-new vehicle. The car is already fitted with a tracking device, security system, and the LagRide logo.
Step 8: Start Driving and Earning
Once you receive your car, you can start driving immediately. The LagRide app will connect you to passengers across Lagos. Your weekly deductions will be made automatically from your earnings until the car is fully paid for.
What You Should Know Before Applying for LagRide
Before you apply for LagRide, it is important to understand the commitments that come with the scheme. Many drivers jump in without considering the fine details, only to feel overwhelmed later. Here are some things to keep in mind:
Repayment Duration
The repayment period usually lasts for about four years. Once you successfully complete your remittances and meet all requirements, the car becomes fully yours. This is one of the major incentives for drivers who stay consistent.
Weekly Remittance
As a driver, you are required to remit a fixed weekly payment to the scheme. This amount is agreed upon in your contract and is non-negotiable. Missing payments can affect your standing and may even put your participation in the program at risk.
Vehicle Maintenance
The car you receive must be serviced at approved LagRide service centers. This is to ensure proper care and to keep the car in good working condition. Skipping maintenance or using unapproved workshops can result in penalties or extra costs.
Insurance Coverage
Each LagRide vehicle is insured, which gives drivers some protection in case of accidents or damage. However, this coverage only applies when you follow the rules and drive responsibly. Reckless driving or policy violations can void your insurance benefits.
Driver Discipline
Professionalism is key. Acts of misconduct such as overcharging, mistreating passengers, or violating traffic laws can lead to suspension or even termination from the scheme. In some cases, the vehicle can be taken back.
Challenges You Should Expect with LagRide
While LagRide comes with several benefits, it is not without its own challenges. One of the biggest hurdles is the initial deposit, which some drivers may struggle to afford before getting started. Then there is the ever-present Lagos traffic, which can eat into your daily earnings no matter how hardworking you are.
Drivers also have to keep up with strict payment rules because missed remittances can quickly attract penalties. On top of that, there is competition from other ride-hailing services like Uber, Bolt, and even local Keke operators, making it important for drivers to stay smart about when and where they work to maximize profits.
How to Successfully Apply for LagRide in Lagos
- Get your documents ready early – Make sure your valid driver’s license, LASDRI card, and any other required documents are in order before starting. Missing paperwork is one of the main reasons applications get delayed.
- Plan ahead for the initial deposit – The scheme requires a deposit to secure the car. Start saving early so that when you apply, you do not struggle to meet the financial requirement.
- Choose reliable guarantors – Your guarantors must be people of good standing who can easily be reached during verification. Weak guarantor profiles can slow down or even block your application.
- Maintain good driving habits – LagRide cars come with tracking systems, and drivers who get constant complaints or traffic penalties may face suspension. Build a good reputation from the start.
- Stay disciplined with your weekly remittance – The repayment plan only works if you consistently remit. A smart move is to set aside your weekly payment immediately after cashing out so you don’t fall behind.
Getting into LagRide is a chance to own a brand-new car, build steady income, and secure long-term value for yourself. The process may look demanding at first, especially with deposits, paperwork, and weekly remittances, but with the right planning and discipline, it becomes very achievable. If you prepare well, stay consistent, and manage your finances smartly, LagRide can turn into both a source of daily earnings and a pathway to eventual car ownership.
