Is LagRide's drive-to-own program legitimate or a tactic to attract desperate drivers?
LagRide's Drive-to-Own Scheme: Drivers (captains) express frustration over the drive-to-own scheme, claiming that the financial requirements are nearly impossible to meet, and many are cut off before they can transition to ownership.
Company's Response: LagRide spokesperson Ifeanyi Abraham refutes the drivers' claims, stating that a functional drive-to-own pathway exists and that the high deposit requirements were implemented to protect company assets after issues with vehicle theft.
Daily Remittance Challenges: Drivers report struggling to meet daily remittance requirements of N70,000 to N100,000, leading to long working hours and financial strain, with some alleging that failure to meet these amounts results in vehicle seizure.
Accusations Against Leadership: Drivers accuse LagRide's Chairman, Chief Diana Chen, of insensitivity and profiteering, while the company maintains that the earnings reported by drivers do not accurately reflect the operational costs covered by LagRide.
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