Unveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport

Must Read

List of Access Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

#BBNaija: Betway Launches New Predict and Win Promo

Betway, premium gaming and online entertainment brand, and the headline sponsor of Big Brother Naija has launched a new...

HealthPlus Appoints Chidi Okoro as Interim CEO

The Board of HealthPlus issued an instruction terminating the appointment of the CEO Mrs. Bukky George and asked Mr....
- Advertisement -

Ruiti Agbero Limited, the Fare Payments as a service provider has introduced the Agbero App. It is available for download from the Google Playstore. The Agbero App is a city-wide fare payments Service.

In a low-income economy, as we have in Nigeria, the ‘Agbero’ App is a positive response to the yearnings of the riders to have a fare system commensurate with their ability to pay.

Ridership and Revenue

  • The philosophy behind it is simple: a reduced fare leads to an increase in ridership and profitability. And conversely, increased fares will lead to low revenue intake for the transport operators as the ridership population decreases.
  • Prospects for increased capacity

Unveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand Spur
Revd. Olusesan Ogunmilade

The Agbero App will pave the way for organized Private Sector (OPS) – led public transport operations in Nigeria because the financial intermediaries are thereby assured of guaranteed return on investment (ROI).

  • To travel for a whole day, the rider will buy a ticket with a mobile phone. And ride on the boats/ferries/buses operators partnering with the Agbero App.

The Transaction Dynamics

- Advertisement -

The Agbero which is a fare payment as A – Service – App enables transport operators to use a platform that gives them fare collection on a platter. They simply log on and they are in service.

It is designed to complement their existing ticketing arrangements.

The Agbero pays them as the riders use their services.

And the commuter pay once.

- Advertisement -

The plan is simple; riders pay with their phone and receive a ticket, which enables them to ride, on a One – Day – Travel, round the city.

Read Also:  Ever wondered how LaLiga Transfers work behind the scenes?

Comparative Statistics:  London vs Lagos

S/N GENERAL LONDON LAGOS
1. Population 9.5 Million 25 Million
2. Buses 6,000 1,000
3. Trains 500 None
4. Riders Population 6,000,000          (6 Million) 12,000,000

(12 Million)

 

For rolling stocks financing, the Agbero App is a transparent Cost Recovery Mechanism.

- Advertisement -

Therefore, institutional fund providers have a lot to gain from supporting the Agbero Mobile Ticketing Solution for Public Transport in Nigeria.

The Core Deliverables

  • Mobile Ticketing Solution
  • Limitless Ticketing Capacity

The Specific Deliverables

  1. Riders Bring Their Own Ticket
  2. The Riders Ticket in His / Her own pocket/bag
  3. Reduction In Cost Of Operations For Transport Operators
  4. Lower Fares for Riders / Commuters / Passengers
  5. All Round Cashless Transactions
  6. Achieving the COVID – 19 Protocols e.g. Social Distancing In Ticket Purchasing Process, Non-Touching Of Common Surfaces Like Cash, Paper / Plastic Tickets etc.

According to the CEO, the starting date is July 2020 and the registration of public transport operators has begun on www.ruitiagbero.com

Riders, i.e prospective users may begin to download the Agbero app immediately and create their accounts in readiness for the commencement of operations. And there is a very attractive reward for the early buyers of the tickets.

The Agbero is implemented in every Nigerian metropolis having 1 (one) million or more commuters moving per hour in all directions daily.

- Advertisement -
Unveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand SpurUnveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand Spur

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Unveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand SpurUnveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand Spur

Latest News

Lagos based business man wins TYLgames N1million grand prize (Photos)

A Lagos based young entrepreneur, Emmanuel Umoga, has emerged the first N1million grand prize winner at the inaugural draw...

UBA Launches New Online Entertainment Platform, ‘RED Radio’

United Bank for Africa, (UBA Plc), launches its dynamic and creative Online Radio channel - RED Radio. RED Radio, created by UBA is a lifestyle web...

Tech Experience Centre receives accolades from global tech giants, set for October 1 launch

A number of globally renowned Original Equipment Manufacturers (OEMs) in the technology space have commended TD Africa, Sub-Saharan Africa's leading technology, lifestyle and solutions...

NSE Lifts Suspension on R.T. Briscoe Nigeria Shares

R.T. Briscoe Nigeria Plc, one (1) of the six (6) listed companies that were suspended on September 1, 2020, has now filed its outstanding...

Flood at Sunti Golden Sugar Estates Unlikely to Affect Group’s Performance

As a result of the long and intensive rainfalls recorded recently at the northern and central parts of the Niger basin, coupled with massive...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Unveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand SpurUnveiling The Agbero: The Bespoke Mobile Ticketing Solution For Public Transport - Brand Spur