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ComfortRide Launches Platform to Help Luxury Cars Owners Earn Money
As part of an effort to help redefine vehicle leasing in Nigeria, Comfort Ride, has debuted to help luxury car owners earn money when they lease their cars on its platform.
The company stated that it is set to disrupt the car leasing market in a bid to turn luxury cars into assets that will regularly serve as revenue streams for its owners when they are not in use of them.
Comfort Ride, comfortride.com.ng, is venturing into the global car leasing market projected to grow from $73.30 billion in 2021 to $123.87 billion in 2028 at a CAGR of 7.8% in the forecast period, 2021-2028 according to a report by Fortune Business Insights.
ComfortRide is simply a go-to platform with the sole aim of aggregating executive vehicles from people and organisations to ensure asset maximisation through leasing and rent. It is also instilling business architecture in the world of vehicle leasing, to birth cost management and asset productivity.
Commenting on the innovative service offered by the company and how its platform will help cars owners earn money, Azizat Atanda, brand and customer relationship manager, Comfort Ride said “Work or no work you are guaranteed a stable income that can help you meet your financial needs. List your executive vehicles with us to earn even while you are sleeping.
“No matter the worth of your luxury vehicles, if it can’t generate income and still serve your luxury lifestyle at the same time, then it may not be an asset well maximised.
“You can’t afford to have invested hugely in executive vehicles while you still have to source funds from other ventures for maintenance, fueling, and others. Your vehicles are also your asset, and they are to contribute to your income and not taken from you. Register with us today and lease your vehicles to embark on a profitable ride with us,” he stated.
Atanda added that the company ensures timely payment, offers a good rate to car owners, regular usage, and vehicle safety. “Our rates to our partners are very flexible, negotiable and stimulating and yet competitive. Different rates are applicable depending on the types of vehicles.
“Also, we understand the time value for money; hence, it is our top priority to treat our partners’ payments as very fast as possible,” she stated.
Also, she explained that multiple-vehicle registration can be done on its platform, adding that car owners can register as a company or individual.
Similarly, Atanda disclosed further that partners who have registered and listed their vehicles on the platform can still and always use their vehicles for their usual personal engagement. “ComfortRide only requests for the vehicle when we need such for our clients. And if you are not registered on the platform you won’t be able to see request update for your vehicle.”
Speaking on how the platform works, “The site is being designed with such simplicity to aid registration. You sign up, then to registration where you register your personal and vehicle information. Having saved your registration details, you can check your profile to see if your information is successfully registered. People can see request updates; access orders and remittance advice from the platform.”
Agbolade Adebowale Adeolu, ceo, Amandal Global Links, one of the car owners currently using the platform said, “We at Amandal Global Links really appreciate our partnership with ComfortRide. Their prompt response to payment and their request for the usage of our vehicles is indeed a commendable one, ”
In the same vein, another car owner, Gboyega Adebayo, ceo, Handy Basket Superstore revealed, “Indeed, I can’t but always want to be part of this great platform. Listing my vehicles here has availed me the privilege to use them for my regular outing at my wish, while I can still let them out for usage through this platform to generate income when I am not using them, instead of parking them at my garage. This is a gap close to asset utilisation. Kudos!”.
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CADEF Launches Platform to Promote Renewable Energy in Nigeria
Consumer Advocacy and Empowerment Foundation (CADEF) has launched a one-stop-shop website to provide Nigerians with information and resources on renewable energy.
The platform, dubbed Distributed Energy Resources (DER), aims to promote awareness and adoption of renewable energy solutions in Nigeria.
Speaking at the launch event, Professor Chiso Ndukwe-Okafor, Executive Director of CADEF, emphasized the importance of exploring renewable energy alternatives.
“It’s not just about solar energy, but also solar cookers and hot water systems,” she said. “The key is to find options that fit within your budget.”
“The Nigerian government has set a target of generating at least 30% of the country’s electricity from renewable energy sources by 2025. While this goal may be ambitious, CADEF is working to promote awareness and adoption of renewable energy solutions”.
The DER website provides information on renewable energy options, including solar power, financing options, and installers. It also offers a platform for individuals and businesses to explore solutions and connect with experts in the field.
CADEF is collaborating with government agencies, such as the Ministry of Environment and the Ministry of Power, to promote the adoption of renewable energy solutions.
The organization is also committed to promoting awareness and adoption of renewable energy solutions, particularly among rural communities.
In response to questions about affordability, Professor Ndukwe-Okafor emphasized that renewable energy solutions can be tailored to individual needs and budgets.
“While solar energy may not be affordable for everyone, it can provide a viable alternative for those who can afford it,” she said.
CADEF’s initiative is a step in the right direction towards promoting renewable energy in Nigeria. As the country continues to grapple with energy challenges, it is essential to explore alternative solutions that can provide sustainable and clean energy for all Nigerians.
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Copyright Commission Warns School Proprietors Against Pirated Books
AS the Nigerian Copyright Commission (NCC) intensifies its public awareness campaign, school proprietors in the FCT have been advised to exercise due diligence by procuring books from legitimate sources to curb copyright infringement and help sanitise the book value chain.
This was disclosed by Mr. Emeka Ogbonna, the Director Operations, NCC, in his address at the General Meeting of National Association of Proprietors of Private Schools (NAPPS), FCT held at Veritas University, Abuja on 9th October, 2024.
Speaking to the participants, Mr. Ogbonna acknowledged the contributions of the proprietors to the educational development of the nation, emphasising the need for wholesome practices to protect the book ecosystem. ‘’If you must sell or distribute books, ensure you get them from the right sources”, he cautioned.
He said the warning was imperative in view of complaints from right owners and publishers about schools selling pirated books. He stated that the NCC is not opposed to schools selling books, but maintained that due diligence must be exercised by ensuring that all purchased books are properly documented with authentic receipts.
Sensitising the school proprietors further on the tenets of the new Copyright Act 2022, the Director said it is a criminal offence to sell, distribute or be in possession, other than for private or domestic use, works that are pirated. Harping on the stiffer punishments prescribed for offenders by the new Act, he said schools selling or distributing books will be treated as booksellers and subject to the same standard of care.
The NAPPS FCT President, Mrs. Ruth Agboola, commended the NCC and other government agencies in attendance and lauded the Management of Veritas University for hosting the event.
The meeting was also attended by the Vice-Chancellor, Veritas University, Abuja, Rev. Fr. (Prof) Hyacinth E. Ichoku and other officials of the University.
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TETFund Suspends Foreign Scholarships Due to Rising Costs and Abscondment
Tertiary Education Trust Fund (TETFund) has announced the suspension of the foreign component of its TETFund Scholarship for Academic Staff (TSAS) Intervention, effective January 1, 2025.
This decision, outlined in a letter dated November 25, 2024, and signed by TETFund’s Executive Secretary, Arc. Sonny Echono, cites the escalating cost of overseas training and an increasing number of scholars absconding as reasons for the suspension. The letter was addressed to heads of beneficiary institutions, including vice chancellors, rectors, and provosts.
“In response to the current excessive cost of training in foreign institutions, coupled with the high rate of abscondment of scholars, the Board of Trustees of the Fund has approved the suspension of the foreign component of the TSAS Intervention,” the letter stated.
TETFund has directed beneficiary institutions to prioritize local training within Nigerian universities, polytechnics, and colleges of education. This shift, according to Echono, is aimed at reducing pressure on foreign exchange, enhancing local capacity, and significantly increasing the number of beneficiaries.
“It is expected that this will conserve and reduce pressure on the foreign exchange rate, boost investment and local capacity in our institutions while significantly increasing the number of beneficiaries of the intervention,” Echono wrote.
However, scholars already enrolled in foreign institutions under the TSAS programme will continue to receive sponsorship until they complete their studies, ensuring a smooth transition for ongoing commitments.
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