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We hope to change Nigeria’s car rental landscape with innovation – MD GTi Rides
GTi Rides is rapidly emerging as a leader in Nigeria’s fast-growing car-sharing and rental industry. The Nigerian-based company, which also has offices in Abuja and Port Harcourt, provides a unique platform where individuals can rent out their vehicles, catering to the increasing demand for comfortable, flexible, and secure mobility solutions.
“We are not just in the car business; we are in the people business,” said Great D. Nwakaibeya, Co-Founder and Managing Director of GTi Rides. “Our goal is to provide comfortable, safe, and stylish mobility for people who need it.”
With over 2,000 rentals completed and more than 4,000 vehicles available on its platform, GTi Rides has grown significantly since its inception. The company operates in 11 states across Nigeria, including major cities like Lagos, Abuja, Ibadan, Kano, Jos, Enugu, and Uyo, offering chauffeur-driven, self-drive, and security-assisted vehicle rentals.
GTi Rides’ fleet includes a broad range of vehicles, from sedans, SUVs, and sports cars to buses, trucks, armored vehicles, and even vintage cars. We have a wide selection of vehicles for rent and GTi Ride’s commitment to excellent customer service has set the company apart, according to Nwakaibeya. “We pride ourselves on offering renters a wide variety of vehicles to choose from, whether they need a car for business, leisure, or security purposes.”
The company’s business model centers around a peer-to-peer car rental system, which allows vehicle owners to rent their cars out through GTi Rides’ platform. This model, combined with 24/7 customer support and road assistance, has helped the company build strong partnerships and a loyal customer base.
GTi Rides’ commitment to innovation has been key to its growth. “Innovation is one of our core values. We create a culture that rewards creativity, and it’s helped us better serve our customers,” Nwakaibeya explained. The company also values integrity, technology, and a can-do spirit in its approach to business.
In addition to its commercial growth, GTi Rides is making an impact through corporate social responsibility initiatives. The company offers scholarships to students pursuing degrees in Science and Technology, aiming to give back to the community and encourage innovation among young Nigerians.
The company has also taken steps to increase its visibility and industry influence. In 2024, GTi Rides exhibited at the African Tech Expo and sponsored both the Africa Creative Market and the Ibadan Tech Expo. The company also exhibited at the just concluded Moonshot by Techcabal in October 2024.
Looking to the future, Nwakaibeya believes that the car-sharing and rental industry in Nigeria has significant growth potential. “Car sharing is the alternative to car ownership and ride-hailing. It’s a model that gives people flexibility without the long-term commitment of buying a car,” he said.
With its mobile app set to launch in December 2024 on the App Store and Play Store, GTi Rides aims to make car rentals even more accessible. “We’re excited about what the future holds, and we’re constantly working to improve our services and expand our reach,” Nwakaibeya concluded.
As the demand for flexible mobility continues to grow, GTi Rides is positioning itself at the forefront of the industry, helping to reshape how Nigerians think about transportation.