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Jiji Rebrands Cars45 to Jiji Cars

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Jiji Cars

By Modupe Gbadeyanka

The foremost online car auction brand, Cars45, has been changed to Jiji Cars, the new owners, Jiji, has disclosed.

This development follows the acquisition of Cars45 by the online marketplace in a bid to consolidate and strengthen Jiji’s positioning in the car dealership market.

Jiji said it decided to take over the online car auction service after it observed that car sales and enquiries are among the top five reasons people visit the platform. Apart from real estate, the search for affordable cars constitutes a primary reason people visit Jiji.

What Jiji Cars Offers Sellers

Jiji Cars offers sellers prompt car sales services by giving good exposure to thousands of dealers who are willing to buy the cars on the same day.

Also, sellers are assured of immediate payment following successful transactions. Compared to traditional methods of selling cars, Jiji Cars has a verified process for selling vehicles through online auctions to thousands of dealers.

There is also the Jiji Cars Marketplace, where cars not sold during the auctions are posted for visibility to millions of buyers and an opportunity to sell faster, at sellers’ preferred prices.

Benefits for Buyers

For buyers, Jiji Cars offers a safe and trusted platform to buy verified cars. They make the transaction process easy by giving buyers access to thousands of verified cars.

There is also the consumer financing option which enables buyers to purchase cars on a loan, with low-interest rates and tenure up to 36 months. With this option, anyone can be a car owner.

Company speaks on development

Speaking on the name change, Jiji Cars COO, Mr Maxim Makarchuk said, “Since launching in 2014, Jiji has connected buyers to sellers in Nigeria and has helped facilitate the exchange of goods and services with ease and convenience.

“In eight years, Jiji has grown into a team of over 1000 people with 12+ million unique monthly visits, 4+ million active ads with a combined value worth $10 billion. Combining Jiji’s leading position with the Cars45 model brings to the market a new incredible story called Jiji Cars.

“Our mission is to make the process of buying & selling cars fast, easy and secure through the digitalisation of automotive trading. As a result, every car seller can get the best price and immediate payment for his car on the same day he decided to sell it through a hassle-free and trusted selling process with Jiji Cars. On the other hand, every car buyer can use an inspection report based on 200+ factors to get a verified car to meet his expectations.”

On his part, the CEO of Jiji, Mr Anton Volianski, affirmed that the company was happy with Jiji Cars and looks forward to more outstanding achievements in the future.

“We have observed that people come on the platform looking to buy cars. They seek to avoid the high transactional costs from traditional car dealers and want fast and efficient transactions. Most times, they also want to meet one-on-one with the car sellers.

“With Jiji Cars, we handle car sales faster and more efficiently. We also deliver value for our buyers and sellers through our digitised processes, while working to become the recognized market leader,” Mr Volianski said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Reckless Driving: LASTMA Gives LagosRide Drivers Last Warning

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LagosRide drivers

By Modupe Gbadeyanka

The General Manager of the Lagos State Traffic Management Authority (LASTMA), Mr Bolaji Oreagba, has said henceforth, any driver of LagosRide taxi caught contravening the Lagos State Transport Sector Reform Law of 2018 would be dealt with in line with the law.

“Let me state here clearly that impunity of these LagosRide drivers plying their vehicles on BRT corridors/obstructions on major roads is alarming.

“As a responsible and responsive agency of government, we would no longer condone their recklessness as we shall continue to apply the full weight of the Law on motorists found contravening any sections of the traffic laws,” Mr Oreagba said over the weekend when he received the management of Ibile Holdings Limited, owners of LagosRide taxi.

The Chief Executive Officer of Ibile Holdings, Mr Abiodun Amokomowo, paid a working visit to LASTMA headquarters in Oshodi, Lagos.

During the visit, the LASTMA chief said the warning became very imperative to check excesses of these operators/drivers who do not usually consider the safety of other road users and their penchant for disregarding traffic law while on the road.

He said Governor Babajide Sanwo-Olu created the initiative to create jobs for the unemployed, noting that the laudable platform should not be bastardised.

Earlier in his address, Mr Amokomowo said the company is an investment company of the Lagos State Government created to spur its economic growth by supporting commerce and viable and strategic industries that are crucial to the socio-economic development of the state.

He stated that as a way of ensuring the safety of riders and passengers, each LagosRide taxi is installed with a full security gadget, including a 360 dashboard camera that will give 24-hours auto visual feeds to the control centre in case of any emergency.

Mr Amokomowo maintained that each driver of LagosRide taxi undergoes a full verification exercise which includes Lagos State Drivers’ Institute (LASDRI) I.D Cards, medical history, verification of NIN and Lagos resident registration numbers and other background checks before being considered for the lease-to-own taxi scheme.

He, however, commended the management of LASTMA and all field officers for the wonderful job they are doing in ensuring proper management and control of traffic on Lagos roads.

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Lagos Ranks Worst in World’s Traffic Congestion Index

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Lagos traffic congestion

By Adedapo Adesanya

Lagos, Nigeria’s commercial capital, has been rated the worst among cities with traffic congestion in the world.

According to the traffic index released by Numbeo, a crowd-sourced global database of quality-of-life data, Lagos had a traffic index of 348.69 points to lead seven other cities surveyed on the African continent.

Other cities considered in the report were Nairobi, Cairo, Pretoria, Cape Town, Johannesburg, and Durban all in South Africa.

Nairobi, Kenya’s capital, was second with a traffic index of 256.39 points and Cairo recorded 244.23 points.

In South Africa, Pretoria had a traffic index of 230.51 points while Cape Town, Johannesburg, and Durban had 211.92 points, 201.29 points, and 121.29 points respectively.

Numbeo explains that the traffic index is a composite index of time consumed in traffic due to job commute, estimation of time consumption dissatisfaction, carbon dioxide (Co2) consumption estimation in traffic, and overall inefficiencies in the traffic system.

It added that traffic subjects commuters to the mistakes of other drivers on the road.

“Due to the anxiety that characterises most traffic jams, some motorists display aggressive behaviour towards others. And things could escalate quickly,” the report added.

Globally, Business Post found that Lagos was the only African city in the top ten countries. In the index, Lagos was followed by Los Angeles, California, USA in second place at 344.84 points while San Jose followed with 331.12 points came in third place.

Colombo, Sri Lanka; Delhi, India; Dhaka, Bangladesh; and Sharjah, United Arab Emirates occupied the fourth to seventh places with 305.13, 284.33, 283.49, and 283.43 respectively.

In the eighth spot was Kolkota in India with 272.03 points, San Francisco, also in California, USA was the ninth place with 261.64 points, while the top 10 was concluded with Guatemala City, Guatemala coming at 259.56 points.

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Crack in Nigeria Auto Journalists Association

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Nigeria Auto Journalists Association

By Modupe Gbadeyanka

There seems to be trouble within the ranks of the Nigeria Auto Journalists Association (NAJA) as the chairman of the group, Mr Mike Ochonma, and his vice, Mr Tajudeen Adebanjo, are at loggerheads.

According to information gathered by Business Post, the two exchanged hot words a few days ago during one of their meetings in Lagos and efforts made to calm the situation were futile.

It was alleged that Mr Adebanjo wants to cause division within the association and has written letters to stakeholders in the industry in a bid to incriminate his boss.

The situation has forced the chairman of NAJA to move for the suspension of the vice chairman on the ground of gross misconduct.

It was learned that at an extraordinary meeting of the group at the National Stadium, Lagos last Friday, the umbrella body of journalists covering the motoring and auto industry passed a resolution to suspend Mr Adebanjo and then referred him to a disciplinary committee for further disciplinary action which could see him formally removed from office.

Meanwhile, Mr Ochonma has urged the auto stakeholders to remain steadfast with the association, reiterating the fact that it remains unified and would continue to work together as critical partners to the progress of the auto industry.

“As we have been doing over the years, be rest assured that as critical stakeholders of the industry, we would continue to be objective in our reportage as our different accurate and critical analyses of the auto industry’s activities will continue to help the industry to grow,” he said.

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