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Autochek Acquires Cheki Operations in Nigeria, Ghana

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Autochek Acquires Cheki

By Adedapo Adesanya

A budding automotive technology company, Autochek, has acquired online car platform, Cheki’s operations in Nigeria and Ghana from Ringier One Africa Media (ROAM).

With the acquisition, ROAM transfers ownership and operational control to Autochek, and all Cheki Nigeria and Cheki Ghana outlets will now be rebranded under the Autochek umbrella, which according to a statement, will launch by the end of 2020.

“Autochek is an automotive technology company which aims to build digital solutions that will enable seamless and safe automotive commerce experience across Africa, starting with Nigeria and Ghana,” it said.

According to the statement, after identifying a number of challenges in the car purchase market on the continent, Autochek plans to use technology to transform the automotive buying and selling experience for African consumers.

It said, “Even though used cars in the region are significantly more expensive than average income—the average price of a used vehicle is $5,000, almost triple the current per capita GDP—most cars are purchased without institutional financing. That’s because credit penetration in the auto market remains around 1 per cent, making it difficult to finance purchases.”

Autocheck said it would achieve the transformation by creating a single marketplace for consumers’ automotive needs, from sourcing and financing to after-sales support and warranties.

The company aims to address the challenge by making auto financing more accessible to consumers across Africa.

“Autochek is now working to standardise solutions around warranties and maintenance to enable dealers to offer these services more readily to consumers.

“Building on Cheki’s 10 years of progress with a network of more than 500 paying dealers, Autochek is set to introduce additional technology solutions that will make it easier for dealerships to service their customers better,” it said.

Speaking on the acquisition, Mr Etop Ikpe, Chief Executive Officer of Autochek, said: “We are really excited by this new opportunity to drive the African automotive space forward.”

Mr Ikpe said that their aim was to create a one-stop-shop for consumers’ automotive needs by embedding technology at every stage of the process and making the journey of car ownership easier for everyone.

“The Cheki brand is well established in Nigeria and Ghana, and we look forward to building on the solid work that the Cheki team has done over the last 10 years in reinventing how car purchases are made.

“Our goal is to continue the great work, as well as expand operations into other African territories from 2021 onwards,” he added.

Mr Clemens Weitz, CEO of ROAM Africa, said: “With Autochek, we have found a company that will carry on the incredible results Cheki has achieved in Nigeria and Ghana over the last decade in developing a specialist car marketplace, trusted by both car buyers and sellers.”

“Etop and his team had an outstanding record of success in the African automotive market and we are excited to be handing over these assets to them, ensuring continuity of service as we migrate the platforms over.

“We are also pleased that the Autochek team is committed to working collaboratively with the existing Cheki team and long-term partners,” Mr Weitz said further.

Despite the transfer of Cheki in Nigeria and Ghana to Autochek, Cheki operations in East African country, Kenya, remains fully under the control of ROAM Africa.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Tanker Explosion: Lagos Promises Stronger Safety Measures

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tanker explosion new garage ibadan

By Modupe Gbadeyanka

The Lagos ​State government has promised to put in place stronger safety measures after a gas tanker explosion on Otedola Bridge on Tuesday night.

The incident reportedly claimed two lives and destroyed some properties in the area, including vehicles and buildings.

Reacting to the explosion, the Commissioner for Transportation, Mr Oluwaseun Osiyemi, expressed the regret of the state government over the widespread damage and disruption caused by the tragedy.

“Our thoughts are with those affected, and we commend the swift response of emergency services working tirelessly to manage the aftermath,” he said.

The Commissioner noted that the incident reinforces the urgent need for stricter safety protocols for heavy-duty vehicles.

“The Ministry of Transportation is also intensifying enforcement on the movement of hazardous materials, strengthening regulatory compliance, and implementing enhanced safety measures to prevent future occurrences,” he stated.

Mr Osiyemi called on “all transport operators to uphold the highest safety standards and cooperate with government efforts to safeguard lives and property,” saying, “Lagos remains committed to a safer, more resilient transport system for all.”

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LASTMA Broadens Scope of Traffic Safety Education for Children

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lastma

By Aduragbemi Omiyale

The Lagos State Traffic Management Authority (LASTMA) has intensified its Lagos State School Traffic Safety Advocacy Programme (LSTSAP) under the visionary initiative tagged Operation Catch Them Young.

This is part of the agency’s strategic moves to inculcate traffic discipline and awareness from an early age. It was crafted to foster a profound understanding of road safety principles while mitigating traffic-related hazards.

This initiative, which was recently re-launched, has been reinvigorated to ensure broader reach and heightened impact, and will continue its extensive rollout across various schools, ensuring a lasting imprint on the consciousness of young children and fostering a culture of responsible road use from the grassroots level.

Furthermore, in a bid to provide a holistic and engaging experience, the initiative incorporates excursions, career day events, interactive road safety games, essay competitions and dedicated outreach programmes for school catering to students with special needs.

This transformative advocacy campaign will continue its extensive rollout across various schools, leaving and indelible impact on young children and fostering a sustainable culture of responsible road use at the grassroots level.

Through this advocacy drive, LASTMA officials systematically engage secondary school students across Lagos State’s six educational districts, equipping them with crucial knowledge of traffic signs, regulations and safety protocols on every Wednesdays of the week.

Reiterating the programme’s significance, the Special Adviser to the Governor on Transportation, Mr Sola Giwa, underscored that embedding traffic consciousness in young minds is pivotal to nurturing a disciplined and law-abiding society.

He emphasized that early exposure to road safety tenets not only enhances pedestrian and commuter safety but also fosters a generation of responsible road users—whether as future drivers, cyclists, or pedestrians.

According to him, “the revitalization of Operation Catch Them Young is in alignment with the state government’s commitment to a safer, more orderly, and seamlessly structured transportation system.

“By empowering students with critical traffic knowledge, Lagos State is proactively shaping a future where adherence to road regulations becomes instinctive among its citizens.”

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FRSC Punishes Ondo Sector Commander for Worn-Out Tyres

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ondo sector commander FRSC

By Modupe Gbadeyanka

The Sector Commander of the Federal Road Safety Corps (FRSC) in Ondo State, Mr Samuel Ibitoye, has been sanctioned for allowing a patrol vehicle in his domain to operate with worn-out tyres.

Over the week, a video emerged on social media showing a motorist, booked a patrol team for an expired tyre, capturing the patrol van of the agency with bad tyres.

Apparently embarrassed by this, the Corps Marshall of the FRSC, Mr Shehu Mohammed, in a statement signed by the Assistant Corps Marshal of the Corps’ Public Education Officer, Mr Olusegun Ogungbemide, said the agency has zero tolerance to any form of negation of standards and does not condone any form of compromise against its core values.

According to him, the action “is a complete negation of the core values, as well as Standard Operating Procedures on Vehicles Maintenance for all operational and administrative vehicles of the corps.”

He, therefore, sanctioned the sector commander, ordering the ticketing of vehicle for the infraction, with the commander directed “to pay the fines for negligence.”

Mr Mohammed commended the public for their watch dog role over the services of the road safety agency, reminding the motoring public that the FRSC remains a pace-setter amongst agencies in Nigeria, for high level observance of quality standards, especially when it comes to vehicle maintenance, and will continue to enhance on the mileages achieved over the years in that regard.

He assured that the organisation would “continue to play its supervisory role over the field commands with diligent commitment while the Commanding Officers are expected to uphold the ideals of the corps accordingly.”

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