Auto
Coscharis offers Renault customers N150,000 free service, flexible finance scheme
Coscharis Motors Plc has announced a free service voucher worth N150,000 for every Renault vehicle purchased from the company.
The auto firm is the sole representative of the Renault brand in Nigeria.
Making the announcement during the recently concluded Lagos Motor Fair, the General Manager, Renault Sales, Coscharis Motors, Sola Adigun, said, “We want to use the opportunity of our presence at this motor fair to announce to our customers and prospects that we will be offering a free service voucher worth N150,000.00 for every Renault vehicle purchased from Coscharis Motors at this motor fair and afterwards.”
According to him, the free service voucher is one of the exciting giveaways the Renault customers stand to gain from buying a Renault vehicle from Coscharis Motors Plc.
Even as Adigun said the free service voucher offer would extend beyond the just concluded motor fair to all Coscharis showrooms across the country, he gave July 30, this year as the last day for the promo.
A statement by the auto firm also said it had arranged a finance scheme from the sister company, Coscharis Mobility, for willing customers to purchase any of their preferred Renault vehicles.
It stated that Coscharis Mobility would enable the payment for the vehicle(s) to be spread over a period of time after 30 perc ent initial deposit of the principal value.
It also quoted the General Manager, Marketing & Corporate Communications for the Coscharis Group, Abiona Babarinde, as saying, “Currently, we are still assembling two variants of the Renault brand locally at our assembly plant in Awoyaya, Lagos, namely: Logan and Duster.
“Clearly, we have the capacity to add more variants to our local assembly line and hope that the time will soon come when the infrastructural deficit in the country will improve to give conducive business environment to investors like Coscharis that still believe in our nation, Nigeria. Then, we shall gladly increase the number of locally assembled variants and probably assemble all the variants that we market in the country.
“More importantly for us is that this gives us the opportunity to deliver value to the bigger economy in terms of job employment amongst other economic advantages with the sustenance and expansion of the local assemblies across the country.”
Coscharis, it stated, offers trade-in option to customers using a Renault vehicle and intending to exchange for a new model.
It said, “Renault was one of the brands which put up an outstanding presence at the recently concluded Lagos Motor Fair. “Five variants of the brand were put on display for visitors at the fair, including Logan and Duster, which are both assembled in Nigeria. Others are Koleos, Oroch and Kwid.”
Brand Manager of Renault at Coscharis Motors, Felix Mahan, gave some details about the models in the statement.
The Koleos
The Koleos is designed with a sense of detail and personality enhanced by its sleek appearance and athletic curves.
Behind its chic urban styling, Koleos has the DNA of a true 4X4.
The ALL MODE 4×4-i technology allows you to select the transmission mode that your vehicle will need to be equally at home on dirt, mud or sand as it is on tarmac.
Koleos comes with a range of driver assistance technologies including active emergency braking, blind spot detection system, easy trunk access and R-Link 2 media system.
Duster
Customers can choose from 1.6-Litre to 2.0Litre engine but whichever engine, it is built with a robust off-roader looks. With the superb ground clearance, the Duster is a practical and durable vehicle for the Nigerian road.
The interior of the All-new Duster reflects its generous, adventure-seeking nature. The spacious cabin is bright and reassuring.
The driver and passenger seats provide plenty of support to ensure your comfort wherever you go. The upholstery features a high-quality finish, as does the dashboard, where particular emphasis was placed on ergonomic design.
Simple and intuitive, the multimedia system Media Nav with touching screen allows you to navigate through all the different functionalities: navigation, phone, radio, Aux/USB ports and Bluetooth® connection to listen to your favorite music.
It also comes with hands free card to lock and unlock the doors from a distance as well as assist to start the air-conditioning before getting into the car.
Logan
New Renault Logan has an even more modern and dynamic design. With redesigned front and rear end panels featuring the new Renault brand light signature, New Renault Logan is a beauty to behold.
New Renault Logan has five generous seats to comfortably accommodate all your passengers. Enjoy useful and smart new storage areas, including a phone pouch and a front passenger side net pouch.
There is a new 12V output in the rear for charging your devices. There’s also a 1/3-2/3* split-fold rear bench seat and a spacious boot to transport everything you need in the way that suits you. You can combine utility and pleasure for a journey you are sure to love, depending on the version.
Logan’s ground clearance level (155-164mm) enhances its capacity to cope with extremely poor road surfaces (potholes, cobbles, uneven surfaces.
The mechanics, bodywork (opening panels), air conditioning/ventilation system and passenger compartment all specially designed to cope with certain countries’ environments where dust is omnipresent. Logan has an excellent thermal comfort standard (the vehicle is designed to deal with “extremely hot” conditions.
Kwid
Inside Renault Kwid, there is plenty of headroom, legroom and elbowroom for the driver plus up to four passengers.
There are ingenious storage spaces everywhere.
The Renault KWID’s class-leading boot space of 290L can be extended up to 1100L, making it the perfect partner for a long road trip.
Auto
Soaring Fuel Prices Drive Nigerians Toward Electric Vehicles
Soaring Fuel Prices Drive Nigerians Toward Electric Vehicles
Rising fuel prices in Nigeria are accelerating interest in electric vehicles (EVs) as households, transport operators, and businesses seek cost-effective alternatives to petrol- and diesel-powered cars. Experts say the spike in petrol costs is no longer just an economic concern but a turning point, pushing electric mobility from a futuristic idea into a practical solution for everyday commuting and commercial use.
At the Abuja Compact on Electric Mobility Roundtable, stakeholders highlighted how increasing transport expenses are reshaping decisions, especially among commercial drivers and small business owners. Rising fuel costs are prompting many Nigerians to see EVs as a survival strategy rather than a luxury option.
Chairman of the Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV), Ismaeel Ahmed, explained that the removal of fuel subsidies has widened the cost gap between petrol-powered vehicles and EVs. Charging an EV for a 200-kilometre journey costs around ₦4,500, compared to roughly ₦22,500 for petrol vehicles — a difference that offers a “strong economic incentive” influencing consumer choices. Ahmed added that the federal government is pursuing a balanced transition strategy supporting both compressed natural gas (CNG) and electric vehicles to encourage sustainable energy alternatives.
Financial solutions are helping Nigerians overcome the high upfront costs of EVs. Mohammed Abdul, Divisional Head at Alternative Bank, noted that lease-to-own, pay-as-you-go, and partnership schemes are making EVs accessible to drivers in the informal transport sector. These financing models allow gradual adoption while easing financial burdens.
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Industry leaders also see wider economic benefits from EV adoption. Yusuf Suleiman, CEO of Bankrol Camel EV and Blue Camel Energy Ltd, said EV investments could improve energy access, boost industrial growth, and reduce Nigeria’s reliance on imported fossil fuels. Ahmed Garba Ahmed, COO of Bankrol Camel EV, added that EVs can cut energy costs per kilometre by up to 60%, benefiting ride-hailing drivers, logistics companies, and fleet operators.
Dapo Adesina, President of the Electric Mobility Promoters Association of Nigeria (EMPAN), explained that EV adoption can strengthen Nigeria’s power sector. Solar-powered charging hubs can simultaneously power vehicles and supply electricity to nearby communities, particularly in underserved areas. Private sector initiatives are also supporting Nigeria’s EV transition. Companies like SolarCity Gas are deploying superfast EV charging stations across key urban hubs and petrol stations, expanding the country’s charging infrastructure to meet growing demand.
Despite growing adoption, electric mobility in Nigeria faces challenges such as limited electricity infrastructure and inconsistent power supply. Analysts warn that significant investments in charging networks and supportive policies are necessary for sustainable EV growth. Nevertheless, with fuel prices remaining high, EVs are increasingly viewed as economically smart and environmentally friendly alternatives, offering Nigerians a viable solution to rising transport costs.
Soaring Fuel Prices Drive Nigerians Toward Electric Vehicles
Auto
Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
The Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW), popularly known as Sego, has distributed exotic cars, luxury items, and other valuables to members of his cabinet.
The development, which took place on Tuesday, drew attention across Lagos as beneficiaries reportedly received high-end vehicles and other expensive gifts as part of what insiders described as a reward and appreciation gesture.
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Sources within the union disclosed that the items shared included luxury cars, household equipment, and other high-value materials, aimed at boosting morale among cabinet members and strengthening loyalty within the leadership structure of the union.
Observers say the move highlights the growing influence and financial strength of transport unions in Lagos, particularly the NURTW, which plays a key role in the state’s transport sector.
While supporters of the chairman have praised the gesture as a sign of generosity and leadership, critics argue that such displays of wealth raise questions about transparency and accountability within union operations.
As of the time of filing this report, there has been no official statement from Sego addressing the distribution, but the development has continued to generate reactions among stakeholders in the transport industry and the wider public.
The Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW), popularly known as Sego, has distributed exotic cars, luxury items, and other valuables to members of his cabinet
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Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
Auto
Motoring World marks 30 years, set to rally industry leaders in Lagos
Motoring World marks 30 years, set to rally industry leaders in Lagos
Motoring World, one of Nigeria’s foremost automotive publications, will celebrate its 30th anniversary on June 4, 2026, with a high-profile event at the MUSON Centre.
The milestone gathering is expected to draw policymakers, industry leaders, diplomats and innovators to commemorate three decades of impactful journalism, advocacy and contribution to the growth of Nigeria’s automotive sector.
Founded on June 12, 1996, as a syndicated radio magazine programme, Motoring World pioneered automotive broadcasting in Nigeria before expanding into print in 1998. It has since evolved into a multi-platform brand at the forefront of promoting industry development, modernization and policy reform.
Over the years, the publication has gone beyond news reporting to play an active role in shaping regulatory frameworks, encouraging local content development and promoting industry standards.
Publisher and Chief Executive Officer, Femi Owoeye, said the organisation was driven by a clear vision from inception.
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“Motoring World started with a simple vision: to give voice and structure to Nigeria’s automotive industry. Over the years, we have gone beyond reporting to actively advocate policies that support industry growth, local production and a more structured ecosystem,” he said.
Activities lined up for the anniversary include the unveiling of a special 30th anniversary edition of Motoring World magazine, chronicling the evolution, milestones and future of the industry. Distinguished stakeholders with three decades of contributions to the sector will also be honoured.
A keynote lecture titled, “Reporting the Road Ahead: Automotive Journalism as a Catalyst for Nigeria’s Auto Industry Development,” will underscore the critical role of the media in shaping the nation’s automotive landscape.
Dignitaries expected at the event include the Minister of Industry, Trade and Investment, Jumoke Oduwole; the Director-General of the National Automotive Design and Development Council, Oluwemimo Joseph Osanipin; state governors, transport commissioners and members of the diplomatic corps.
Owoeye noted that the anniversary represents more than a celebration.
“This is a tribute to resilience, strong partnerships and the collective drive that has sustained the industry. As we honour key players and reflect on our journey, we are also setting the tone for the next phase of mobility in Nigeria,” he added.
The event promises a blend of reflection, recognition and renewed commitment to advancing Nigeria’s automotive industry.
Motoring World marks 30 years, set to rally industry leaders in Lagos
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