CFAO Motors launches LOXEA Nigeria to provide operating lease, fleet

THE 157 KILOMETERS LAGOSIBADAN STANDARD GAUGE RAIL CORRIDOR HAS STARTED passenger service operation since last year, but the twin factors of steady power supply and accessible road linking many of the train stations with the major roads along the corridor are still lacking.

This was disclosed last Wednesday by Xia Lijun, deputy managing director of Chinese Civil Engineering & Construction Corporation (CCECC) being contractors of the Lagos-Ibadan standard gauge rail project during the oversight inspection of the facilities at the Obafemi Awolowo Train Station, Moniya, Ibadan by the Joint National Assembly Committee on Land Transport.

In his words, “Most of our train stations don’t have good access roads. Please help us look into this issue. Again, the issue of power supply is a problem. Without us getting connected to the power supply from the national grid, getmanagement ting signalling and communication of the trains up and running is difficult”.

Also speaking, the managing director of the Nigerian Railway Corporation (NRC), Fidet Okhiria represented by Niyi Alli, director of operations said that the Corporation is increasing technology to restore confidence in the trains.

According to him, the NRC is deploying technology and it is only then we are sure that we would open up the line. That would give people the assurance that things are being done.

On the existing lines, the organisation is doing the same thing. We are increasing technology. We are increasing policing. We are using some things that I can’t really talk about on camera.

The director of operations assured that, the NRC is doing everything possible within its power and with other sister agencies to ensure the security of our passengers on board.

“In terms of operation, you can imagine Abuja-Kaduna service, we have not resumed that, but in terms of other lines, customers and passengers are getting the confidence back again and the number has started to go up again”. Alli concluded.

CFAO MOTORS, A SUBSIDIARY OF THE CFAO GROUP, the largest automotive distribution network in Africa with over 158 subsidiaries, recently launched LOXEA by CFAO in Nigeria.

Already present in 22 African countries, LOXEA offers operating lease and fleet management solutions. Now customers can have better access to the CFAO range of products; Mitsubishi and Suzuki cars, Fuso trucks, King Long buses, Toyota forklifts and JCB construction equipment.

According to Philippe Lefort, general manager of LOXEA by CFAO, “partnering with LOXEA will allow companies to enjoy the inherent benefits of the CFAO network, a trusted and reliable organisation that has been providing best-in-class products and services for over 119 years in Nigeria.”

LOXEA offers a broad range of services from regular operating leases to comprehensive fleet and car-sharing through a web portal and mobile applications through its three pillars; LOXEA Lease, LOXEA Connect, and LOXEA Ride.

LOXEA Lease provides rental of vehicles or equipment from 36 to 48 months with full maintenance according to the manufacturer’s prescription, full comprehensive insurance, replacement vehicle (after 48 hours), and geolocation.

The fleet management solution provides a fleet manager, Drivers 24/7, fuel card management, fleet analytics, and fleet mobility optimisation.

With LOXEA Connect application, customers can have access to real-time monitoring of fleet usage and behaviour.

Lefort also added: “Our goal is to establish and maintain long-term business relationships by adding value to businesses who outsource their vehicle management by ensuring their fleet is operational 24/7.