Tricycle and motorcycle riders decry the struggles they face due to high purchase prices, rising maintenance costs, low passenger demand, and strict repayment terms. In contrast, hire purchase companies (fleet owners) cite high bank interest rates, default risks, and the cost of repossessing vehicles as reasons for the inflated prices.

Oyindamola Adeshina

Oyindamola Adeshina is a Nigerian journalist and reporter from Ilorin, Kwara State

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