Breaking: Zenolynk claims abrupt termination of LagRide contract by Lagos State
- Zenolynk Technology Ltd. claims the Lagos State government terminated their contract unexpectedly on March 10, 2025.
- CIG Motors has taken over the operational management of LagRide following Zenolynk's exit.
- Zenolynk reported processing over 7.2 million ride requests and fulfilling 1.2 million during their partnership.
The abrupt termination of Zenolynk's contract raises questions about the stability and strategic direction of the Lagos ride-hailing market. The transition to CIG Motors, coupled with the criticism of their new app, suggests potential challenges ahead in maintaining service quality and driver satisfaction. Further analysis is needed to understand the implications for both companies and the overall market.
