Indigenous Firm Launches Ride-Sharing Business, Gabtaxi

An indigenous Nigerian company, E. F Network Limited, a member of E.F Group, has launched a revolutionary ride-sharing application  known as Gabtaxi, with the best local content and lowest commission for drivers.
The launch took place in Abuja recently and  expected to compete against  and as well,  overtake foreign e-hailing companies that had dominated the Nigerian market.
The Chairman and CEO of EFGroup,  Mr. Gideon Egbuchulam said at a press briefing that the motivation behind Gab taxi initiative was the protest he witnessed by Nigerian drivers complaining of poor treatment by foreign e-hailing companies.
Egbuchulam, said these drivers decried that foreign hailing companies collected more than the Nigerian drivers, giving them nothing and without even ensuring that the drivers or their cars were safe.
“Most of the drivers are graduates with no other jobs and these foreign taxi companies collect from 25 to 30 per cent commission for each ride.We even doubt if they are paying taxes in Nigeria or pay what they ought to pay because in areas you find them, they use fuel stations as offices,’’ he said.
Egbuchulam also bemoaned the ordeal Nigerian drivers go  through in the hands of foreign companies and hinted that , in various cases, many drivers hardly went home with 30 per cent a day after deductions.
He said as a result of the development, that  they resolved to create value by developing a top notch product that would reduce Nigerian drivers’ losses and compete with any technology anywhere in the world.
”With Gab, drivers will get the same things they were receiving and more, at barely half of the commissions being charged by the competition.We have the lowest commission in the industry anywhere in the world, just about 15 per cent on average.Not only reduction in commissions, we offer to them many more incentives, in fact we applaud the Federal Government for granting the e-hailing drivers the union licence so that they can negotiate their future”, he said
He revealed that arrangements were in place between Gabtaxi, security agencies and the FRSC to heighten the safety, selection of record of vehicles and customer service hotlines.
Egbuchulam said GAB had also developed a mobile app with a fluid user interface that provided a seamless user experience and was easy to navigate.
He hinted that an incentive system was available for drivers with higher rankings, that drivers who consistently received high ratings from passengers and provided a high level of service were eligible for bonuses and other rewards.
He also mentioned the proximity alert system, a unique feature of GAB which would help ensure that the driver picked the correct passenger.