Obi Cubana Unveils CNG-Powered Tricycle Showroom to Address Rising Fuel Costs

Lagos, Nigeria – In a bid to alleviate the financial strain caused by soaring fuel prices, Chief Obinna Iyiegbu, popularly known as Obi Cubana, has launched a showroom for Compressed Natural Gas (CNG)-powered tricycles. The initiative, undertaken through his company, Enviable Transport, in partnership with DAG Bajaj Auto Nigeria, aims to provide a more affordable transportation solution for both drivers and passengers.

The showroom, located at Enviable Transport’s headquarters on Ikorodu–Sagamu Road, Ikorodu, was unveiled amidst much fanfare. During the launch event, Chief Iyiegbu emphasized the strategic importance of Ikorodu as a location for the showroom, citing its excellent infrastructure and accessibility.

Mr. Ituma Chukwuemeka, CEO of Enviable Transport, explained that the company had previously introduced electric vehicles in Abuja to address the fuel crisis. However, with CNG being significantly cheaper than petrol, the company shifted its focus to CNG-powered tricycles. “CNG offers substantial savings,” Chukwuemeka noted, highlighting the potential for drivers to reduce their daily fuel expenses by up to 85%.

Enviable Transport has implemented flexible payment schemes, including hire purchase and credit sales, to make the CNG tricycles accessible to drivers. These options allow drivers to start earning while gradually paying off the cost of the vehicle.

Mr. Sijesh Radhakrishnan, Business Head of DAG Bajaj Two Wheelers in Nigeria, emphasized DAG Bajaj’s market dominance in the Nigerian motorcycle and tricycle sectors. The partnership with Enviable Transport aims to further revolutionize the transport sector with CNG-powered tricycles.

DAG Bajaj’s regional manager, Mr. Puranik Vishwesh, explained the advantages of the new CNG-powered tricycles, which feature dual-fuel technology. This allows drivers to switch between CNG and petrol, providing both an eco-friendly and cost-effective option for transportation. Vishwesh noted that drivers could save up to ₦7’000 daily on fuel costs with CNG.   

With the increasing availability of CNG refueling stations across Lagos and other regions, DAG Bajaj and Enviable Transport are confident that CNG technology will transform Nigeria’s transportation landscape, much like it did in India over a decade ago. The initiative also supports Nigeria’s push toward green energy and offers much-needed financial relief to both drivers and fleet owners.