‘Okada riders contribute N30bn to Nigeria’s economy annually
December 8, 2022
The president of the Riders and Owners of Motorcycle Association of Nigeria (ROMAN), Alhaji Olusola Razaq, has said commercial motorcycle operators popularly called Okada riders are contributing at least N30 billion to Nigeria’s economy annually.
He said the positive economic impacts of Okada riders far outweighed the negative impacts, especially on job creation and poverty alleviation.
Razaq spoke in Abuja at a one-day seminar by the Abuja Transport and Aviation Correspondents Association (ATACA) with the theme, ‘Nigeria’s Troubled Economy: Aviation, Rail, Maritime as Rescue Sectors’.
He cautioned the federal government that an outright ban of commercial motorcycle operators might have serious negative impact on the economy in the country as well as increase in unemployment and insecurity.
He noted that with poor road access and infrastructure, a significant number of Nigerians relied on Okada riders to commute, adding that banning Okada would be inflicting huge hardship on the people.
He said the association was willing to work with the government on a mutually beneficial relationship as ROMAN is not a lawless organisation.