Bolt Offers 50% Discount to Select INEC Offices


By Aduragbemi Omiyale

An initiative to encourage Nigerians to register to vote in the 2023 general elections has been reintroduced by a leading e-hailing platform, Bolt.

The scheme, called MyPVCJourney (My Permanent Voter Registration Journey), will allow customers to enjoy a 50 per cent discount to select offices of the Independent National Electoral Commission (INEC) in Lagos and Abuja.

The idea, which began in 2021, was designed as part of the company’s community engagement efforts and commitment to promoting active citizenship.

As electoral dates draw nearer, Bolt identified mobility challenges Nigerians face which have encouraged voter apathy, and has set out to aid the public in overcoming these obstacles.

Two key challenges were identified by the mobility platform, which is a lack of awareness of nearest PVC registration locations and inadequate transport opportunities in Nigeria’s biggest cities.

This is why the firm is offering a 50 per cent discount to 24 INEC local government offices in Lagos and Abuja. As users choose any of the selected locations as their destination, the app will automatically apply the discount to the ride.

“When we launched the MyPVCJourney last year, it was a mega success with our microsite receiving over 16,000 pledges by Nigerians who commenced their PVC process.

“As the electoral process begins its final stretch, we understand our responsibility as the leading ride-hailing platform to partner with Nigerians and assist them as best as we can in becoming active citizens.

“This initiative is just one of the many ways we continue to commit to developing the socio-political and economic landscape in Nigeria,” the Nigeria Country Manager for Bolt, Mr Oludele Dare, said.

To bolster the initiative and voter participation, Bolt will be reactivating its #MyPVCJourney microsite where users can learn more about voting in Nigeria.

The select INEC offices applicable for the discount are as follows:


  1. Abaji — Near Women Centre, off Abaji-Toto Road, Abaji
  2. Bwari — Action Area Layout, Secretariat Road (opposite High Court), Bwari
  3. Garki — No 10 Olusegun Obasanjo Way, Area 10, Garki
  4. Gwagwalada — Plot 32, Obana Motel Road, Federal Low-Cost Housing Estate, Gwagwalada
  5. Karu — AMAC Beside Magistrate Court, Karu
  6. Kuje —  Beside FCMB Bank, Plot 33A, Sauka Extention, Kuje
  7. Kwali —  KDA 301, Phase II, Unity Bank Road, Kwali


  1. Agege — 20 Arigbanla Street, Orile Agege
  2. Ajegunle — Ajeromi-Ifelodun Temidire Street (by Tolu Police Station), Ajegunle
  3. Alimosho — Alimosho Igando/Ikotun LCDA Secretariat, Idimu Road, Ikotun
  4. Amuwo-Odofin — First Gate (by First Avenue), FESTAC Town, Amuwo-Odofin
  5. Eti-Osa — Km 15, Lekki-Epe Expressway, Igbo Efon, Eti-Osa
  6. Ibeju — Ibeju-Lekki Lekki Free Trade Zone Road (before Akodo General Hospital), Orofun-Orimedu
  7. Ifako — Ijaye 6 Bamgboye Street, Alagbado
  8. Ikeja — 2 Obafemi Awolowo Way, Ikeja
  9. Ikorodu — No. 1 TOS Benson Road, GRA, Ikorodu
  10. Kosofe — 1 Moshalasi Crescent, Ogudu
  11. Lagos Island — 18 Simpson Street (Beside Total Filling Station, Sura), Lagos Island
  12. Lagos Mainland — Yaba LCDA Secretariat, Adekunle
  13. Mushin — 56 Oliyide Street (opposite General Hospital), Mushin
  14. Oshodi — Isolo LGA Secretariat, Oyatayo Street, Bolade, Oshodi
  15. Somolu — 35 Salami Saibu Street (Pedro Road), Somolu
  16. Surulere — 1A Shomade Crescent (Babajide Bus Stop), Surulere
  17. Yaba — 6, Birrel Avenue, Sabo Yaba, Lagos
Related Stories

Passengers Stranded as Commercial Bus Drivers Begin Strike in Lagos

By Bliss Okperan Some commercial bus drivers in Lagos popularly known as Danfo drivers, have commenced a warning strike to kick against alleged extortions by operatives of the Lagos State Traffic Management Authority (LASTMA). Business Post gathered that the bus drivers refused to convey passengers to their various destinations across the metropolis, leaving many of them stranded at bus stops. The situation affected some workers, who could not get vehicles to take them to their different places of work because of the actions of the aggrieved motorists. It was gathered that only a few of the commercial motorists were working


Yuletide: Tinubu Slashes Interstate Travel Fare by 50%, Okays Free Train Rides

By Adedapo Adesanya President Bola Tinubu on Wednesday approved a 50 per cent slash in the price of interstate transport fare for Nigerians travelling during the yuletide from Thursday, December 21, 2023, to Thursday, January 4, 2024. He also approved free rides for commuters on all train services within the period. The information was announced by the Minister of Solid Minerals Development, Mr Dele Alake, to State House Correspondents at the Aso Rock Villa on Wednesday. Mr Alake was formerly the Special Adviser on Information to Mr Tinubu before elevating him to the ministerial post. Mr Alake said, “It is


Bolt Introduces Feature to Report Offline Trips

By Adedapo Adesanya Mobility platform in Africa, Bolt, has introduced a new cancellation option on its app aimed at deterring users on its platform from taking offline trips and paying off the app, saying it is to further enhance the safety and well-being of customers. Passengers will now be able to cancel a trip by selecting the option ‘driver asked to pay off-the-app’ under specific circumstances. This feature empowers customers to take immediate action should they encounter situations where the driver asks for payment for a trip outside the app, requests payment exceeding the agreed-upon trip fare, or encourages cancellation

More Stories

Champion Breweries Gains 44.4%, Japaul Loses 37.5% in Five Days

By Modupe Gbadeyanka Profit-taking was witnessed on the floor of the Nigerian Stock Exchange (NSE) last week and it was mainly on equities which have appreciated in the previous weeks. During the week, 29 equities depreciated in price, higher than the 19 equities of the previous week, with Japaul leading the losers’ chart after losing 37.50 per cent to close at 95 kobo per unit. Axa Mansard Insurance went down by 20.00 per cent to end at N1.28 per share, MRS Oil declined by 18.55 per cent to close at N11.20 per share, FTN Cocoa dropped 13.04 per cent to


CBN to Review Banks’ Loan-to-Deposit Ratios Monthly

By Modupe Gbadeyanka Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has disclosed that from October 2019, the loan-to-deposit ratios of commercial banks in the country would be subjected to monthly review. Earlier this month, the apex bank chief gave lenders till September 30, 2019 to increase their loan-to-deposit to a minimum of 60 percent. Yesterday, Mr Emefiele, while addressing newsmen in Abuja after a two-day Monetary Policy Committee (MPC) meeting, said after the expiration of the deadline, the CBN will consider reviewing the LDR if the 60 percent is not met. He said at the moment,


Kaspersky Warns About Rise of Digital Scams at Qatar 2022 World Cup

By Adedapo Adesanya With the FIFA World Cup tournament three days away, a global cybersecurity and digital privacy company, Kaspersky, has uncovered that scammers and cybercriminals are trying to monetise football fans’ interest. Kaspersky experts analysed World Cup-related phishing websites from around the globe designed to steal users’ identifying and banking data and found fake pages offering everything from tickets or event merch to match streaming services, plus numerous giveaways and NFT scams exploiting the World Cup. The firm warned that since Qatar 2022 is only offering digital tickets, it increases the risk of fans running into malicious resources. Kaspersky


How Audit Based Funding Can Increase Impact of Government’s Interventions for SMEs

In the history of providing financial interventions for the Small and Medium Enterprises (SMEs) in Nigeria, a mix of funding in different areas, to support the textile, manufacturing, agriculture, pharmaceuticals and housing sectors have received a boost to ensure the growth and sustainability of these industries in order to reduce the burden and effects of unemployment in Nigeria. What comes to mind is that the support provided for these small businesses should produce a cumulative effect in job and wealth creation as well as contribute to national and economic development by moving most Nigerians out of the poverty line into


NASD USI, Market Capitalisation Gain 0.23%

By Modupe Gbadeyanka Trading activities on the floor of the NASD OTC Market ended this week on a brighter note with appreciation recorded by the major market indicators. Specifically, the NASD Unquoted Stock Index (USI) advanced by 0.23 percent, while the market capitalisation also improved by the same margin, 0.23 percent. Business Post reports that the NASD closed at 662.80 points this week against 661.30 points last Friday, while the market capitalisation finished at N448.53 billion compared with N447.52 billion last Friday. This occurred after both the NASD USI and market capitalisation had suffered successive week-on-week (w-o-w) losses. Central Securities


FG Kicks Off Long Awaited Ranching Project in Nasarawa

By Adedapo Adesanya The federal government has launched the long-awaited National Livestock Transformation Plan (NLTP) in Nasarawa State. This makes it the pilot state in the country to kick-start the ranching project initiated in 2018. The Minister of Agriculture and Rural Development, Mr Sabo Nanono, and the Nasarawa State Governor, Mr Abdullahi Sule, launched the Model Ranching Hub Project in Awe Grazing Reserve, in Awe Local Government Area, on Thursday. Also present was the Plateau State Governor and Chairman, Northern Governors’ Forum (NGF), Mr Simon Lalong, as well as other dignitaries. In a speech before the launching of the project,


Proposed New Minimum Wage: C’ttee to Submit Report Next Week–Comrade Lawal

By Taiwo Omilani Secretary-General of Association of Senior Civil Servants of Nigeria (ASCSN), Comrade Alade Bashir Lawal, has disclosed that the committee set up by federal government to deliberate on agreeable minimum wage for Nigerian workers will submit its report next week. Comrade Lawal made this disclosure to Business Post‘s reporter in an interview last week while reacting to labour-related matters. The labour union leader said the technical committee inaugurated by the government would submit their report in order to allow the National Assembly debate over it. When asked if the report would not be delayed by the lawmakers especially


Senate Vows To Reject Proposal to Jail Dollar Hoarders

By Modupe Gbadeyanka The Nigerian Senate has expressed shock at the recommendation by the Nigerian Law Reform Commission (NLRC) for a review of the Nigerian Foreign Exchange Act that the Central Bank of Nigeria (CBN) should be empowered to punish anyone found guilty of keeping the Dollars for more than 30 days with a two-year jail term. In a statement issued on Monday the Chairman, Senate Committee on Media and Public Affairs, Mr Aliyu Sabi Abdullahi, the upper legislative chamber of the National Assembly said such law would scare investors away from the country. The suggestion, if given a nod,

Recent Stories

Global Finance Names Ecobank Best FX Bank in Nigeria

By Dipo Olowookere Ecobank Nigeria Limited has been named as the Best FX Bank under the Country & Territory Awards category for Nigeria in the 2024 Global Finance’s annual SME Bank Awards. The parent company of the lender, Ecobank Group, on its part, clinched the Best Bank for SMEs in Africa 2024 award, reflecting its unwavering commitment to meeting the specialised needs of SMEs across its diverse markets. At the award ceremony held on Tuesday, February 20, 2024, at the Glaziers Hall in London, the United Kingdom, Global Finance explained that the Nigerian subsidiary of the leading pan-African Banking Group


GTCO, FBN Holdings, Transcorp Close as Busiest Stocks on NGX

By Dipo Olowookere The trio of Guaranty Trust Holding Company (GTCO) Plc, FBN Holdings Plc, and Transcorp Plc ended as the busiest stocks on the Nigerian Exchange (NGX) Limited last week. They accounted for 343.584 million shares worth N9.431 billion in 5,659 deals, contributing 24.96 per cent and 29.86 per cent to the total trading volume and value, respectively Data obtained by Business Post showed that the market recorded a turnover of 1.377 billion shares worth N31.584 billion in 42,040 deals versus the 1.559 billion shares valued at N36.497 billion traded in 42,546 deals in the preceding week. Financial equities


Excitement as Tinubu Commissions Geometric Power Plant

By Aduragbemi Omiyale The city of Aba in Abia State is beaming with excitement as President Bola Tinubu is expected to commission the Geometric power plant today, Monday, February 26, 2024. The facility is the first integrated power plant in Nigeria. It is situated in the Osisioma Industrial area of Aba. It is expected to provide 24-hour electricity to the city and about nine of the 17 local government areas of the state. The 181-megawatt Geometric power plant cost about $800 million and was done by a former Minister of Power, Mr Barth Nnaji. Electricity from the plant will be


Customs to Adopt Stable FX Rate for Cargo Clearance

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has reviewed the formula for fixing foreign exchange (FX) rates for customs duties for cargo clearance after uproar over the constant changes in the rate. The apex bank asked the Nigeria Customs Service (NCS) and other related parties to adopt the closing FX rate on the date of opening Form M for the importation of goods, as the forex rate to be used for Import Duty Assessment,. This was disclosed by Mr Hassan Mahmud, the Director, Trade and Exchange Department of the CBN in a memo on Friday in Abuja. According


Climate Change: Agric Experts Advocate Smart Farming Practices

By Bon Peters Agriculture experts have advocated “smart farming practices” to combat climate change, improve productivity and enhance food security in the country. They noted that if climate change challenges were not nipped in the bud, more than 52 per cent of the country’s agricultural production would be threatened by 2050. The experts under the aegis of the Society of Action in Nigeria (SCAN), in collaboration with the University of Port Harcourt, disclosed this during a workshop organized for women and youth leaders on Thursday in Port Harcourt the Rivers state capital. A Senior Lecturer in the Department of Agricultural


VFD Group’s Adeniyi Adenubi Mentors Next Generation of Entrepreneurs

An executive director of VFD Group, Mr Adeniyi Adenubi, has mentored some students of the the Nigerian University of Technology and Management Scholars Programme (NSP). The mentoring session was to enlighten the next generation of entrepreneurs about the complexities of building a business, highlighting the impact of partnerships, entrepreneurial spirit, and service in the world of business, with the core message being Dream and believe in your dream. The Nigerian financial and investment expert spoke about his personal journey, which is intertwined with the dynamic principles of VFD Group, which include Entrepreneurial Ethos, Ambition, Agility, Partnerships, Innovation, Courage, and Commitment.


Why Trade Between India and Russia is Experiencing Upward Trend—Kotwani

By Kestér Kenn Klomegâh As President of the Indian Business Alliance (IBA) and the founder of the Imperial Tailoring Co., Sammy Kotwani, offers comprehensive insights on the evolving dynamics of Indian investment prospects in the Russian Federation. He also discusses, in this interview, aspects of business challenges and roadblocks in the context of geopolitical changes and competition as well as the current economic cooperation between India and Russia. Here are the interview excerpts: How would you characterize the geopolitical changes on investment prospects for Indians in Russian Federation? Geopolitical changes have significantly influenced investment prospects for Indians in the Russian


ECOWAS Lifts Sanctions on Niger, Mali, Guinea

By Adedapo Adesanya The Economic Community of West African States (ECOWAS) has resolved to lift some sanctions on Niger Republic, Mali, and Guinea. The resolution was taken at the extraordinary summit on the peace, political, and security situation in the ECOWAS sub-region in Abuja on Saturday. While the regional bloc said the political and a few targeted sanctions on the Niger Republic remain, it lifted some financial and economic sanctions on Guinea and others on Mali. Following the military coup in Niger Republic on July 26, 2023, which toppled President Mohamed Bazoum, ECOWAS imposed several sanctions on the country. Now,


SERAP Sues Wike, Governors Over Missing N40trn Allocations

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against Nigeria’s governors and the Minister of the Federal Capital Territory, Abuja, Mr Nyesom Wike, over their failure to account for the alleged missing N40 trillion federal allocations meant for local governments in the states and the FCT. The suit followed the damning revelations by former President Muhammadu Buhari who in December 2022 stated that “if the money from the federation account to the states is about N100 million, N50 million will be sent to the chairman but he will sign that he received N100 million.


Consumer Goods, Banking Stocks Lift Equity Market by 0.84%

By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.84 per cent on Friday, lifted by bargain-hunting in the consumer goods and banking sectors. The consumer goods index went up by 4.05 per cent during the session, as the banking space increased by 0.67 per cent, while the insurance counter depreciated by 0.09 per cent, as the energy and industrial goods sectors closed flat. At the close of transactions, the All-Share Index (ASI) grew by 849.20 points to 102,088.30 points from 101,239.10 points, and the market capitalisation expanded by N464 billion to N55.861 trillion from N55.397 trillion. Business Post