The Chief Executive Officer of mobility and logistics company Nairaxi, Kingsley Eze, has endorsed World Trade Organisation (WTO) Director-General, Dr Ngozi Okonjo-Iweala’s call for governments to strengthen policies that protect vulnerable populations from economic shocks.

In a statement issued on Wednesday, Eze urged the government to expand social safety nets to include technology-enabled transit subsidies, describing them as a “low-hanging fruit” capable of offering immediate relief to millions of Nigerians battling inflation and rising transport costs.

“With inflation at record highs and transport costs biting hard, digitised transit subsidies should not remain an idea on paper,” he said.

Transport Costs and Poverty

According to Eze, transport accounts for as much as 40 percent of daily earnings for low- and middle-income families in Nigeria, restricting access to jobs, education, and healthcare. While food and energy subsidies dominate public debate, he stressed that affordable transport is equally critical for reducing poverty and restoring economic opportunities.

He criticised inefficiencies in traditional subsidy schemes, noting that billions of naira often fail to reach those who need them most.

Digital Solutions for Transparency

To address leakages, Eze proposed using smart cards, mobile wallets, and e-ticketing systems to deliver subsidies directly to commuters.

“Technology gives us visibility and accountability. Every naira spent can be traced to an actual commuter, making the system efficient and trusted,” he said.

Eze cited successful digital subsidy models in Brazil, India, and Kenya, where governments have used technology to improve delivery and cut corruption.

Public-Private Partnerships

The Nairaxi boss called for stronger collaboration between government and private operators, stressing that while government provides policy and financing, private companies can supply the technology, fleet management, and operational expertise required for success.

“This is where Public-Private Partnerships become critical. The government cannot shoulder this responsibility alone,” Eze said.

Wider Benefits

Beyond cost reduction, Eze emphasised that affordable, reliable transport boosts productivity, increases school attendance, and frees up household income for essentials like food and healthcare.

“Technology-enabled subsidies are not only about reducing transport costs,” he concluded. “They are about restoring dignity, expanding opportunity, and giving struggling Nigerians a fair chance to participate in the economy.”