In Nigeria, tricycles—commonly dubbed Keke NAPEP—stand as a cornerstone of urban and rural transportation. These nimble, three-wheeled vehicles weave through bustling streets, offering an affordable and accessible means of mobility. As demand surges amid economic shifts and infrastructural challenges, we uncover the current prices of tricycles in Nigeria, explore popular brands, and provide a detailed breakdown of factors influencing costs in 2025. Whether you’re an entrepreneur eyeing a commercial venture or an individual seeking personal transport, this comprehensive guide delivers the insights you need.
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ToggleThe Evolution of Tricycles in Nigeria
Tricycles emerged in Nigeria as a practical solution to transportation woes, gaining prominence in the late 1990s under the administration of Lagos State’s military governor, Mohammed Buba Marwa—hence the moniker Keke Maruwa. Their adoption skyrocketed in 2012 following a nationwide ban on commercial motorcycles (Okada), cementing their role as a vital alternative. Today, brands like Bajaj, TVS, and Piaggio dominate Nigerian roads, prized for their durability, fuel efficiency, and adaptability to rugged terrains. With rising fuel costs and economic pressures, understanding tricycle prices has never been more critical.
Current Prices of Tricycles in Nigeria in 2025
The cost of a tricycle in Nigeria varies widely based on brand, condition (new or used), and market dynamics. As of April 2025, we’ve compiled the latest price ranges from reputable sources and dealers across Lagos, Abuja, and other key cities.
- Brand New Tricycles
- Bajaj: ₦2,600,000 – ₦3,500,000
Known for ruggedness, Bajaj tricycles lead the market, accounting for over 40% of units on Nigerian roads. Models like the Bajaj RE offer a 200cc engine, robust suspension, and a payload capacity of up to 350kg. - TVS King Deluxe: ₦2,700,000 – ₦2,900,000
TVS tricycles, manufactured by India’s TVS Motor Company, excel in fuel efficiency (averaging 35-40 km/l) and low maintenance costs, making them a favorite among operators. - Piaggio Ape: ₦1,800,000 – ₦2,500,000
Piaggio’s larger cabin size and exceptional mileage (up to 36 km/l) appeal to those prioritizing passenger comfort and economy. - Suzuki: ₦2,200,000 – ₦2,800,000
Though less common, Suzuki tricycles boast high-quality builds and longevity, ideal for heavy-duty use.
- Bajaj: ₦2,600,000 – ₦3,500,000
- Used Tricycles
- Bajaj (2019-2022 models): ₦800,000 – ₦1,500,000
- TVS (2020-2023 models): ₦700,000 – ₦1,400,000
- Piaggio (2018-2021 models): ₦600,000 – ₦1,200,000
Fairly used options remain viable, provided they maintain good engine health and structural integrity.
These prices reflect data from platforms like Jiji.ng and dealership surveys in cities like Kano and Onitsha. However, costs can fluctuate due to exchange rates, import duties, and local demand.
Factors Influencing Tricycle Prices in Nigeria
Several elements dictate the price of a tricycle in Nigeria, shaping the market in 2025. We outline the key drivers below:
- Exchange Rate Volatility
With most tricycles imported from India or assembled locally using imported parts, the naira’s value against the dollar significantly impacts costs. In early 2025, the exchange rate hovers around ₦1,600 to $1, pushing prices upward. - Brand and Model
Premium brands like Bajaj command higher prices due to their reputation for durability. Advanced models with features like CNG compatibility (e.g., TVS King Deluxe CNG) also cost more. - Condition
New tricycles come with warranties and pristine components, justifying their premium. Used units, while cheaper, may require immediate repairs, affecting long-term value. - Location of Purchase
Prices in Lagos or Abuja may exceed those in smaller towns like Owerri due to higher transportation costs and dealer markups. For instance, a Bajaj tricycle in Lagos might cost ₦3,200,000, while the same model in Jos could be ₦3,000,000. - Fuel Type Innovations
The shift toward Compressed Natural Gas (CNG) tricycles, spurred by the Presidential Initiative on CNG and rising petrol prices (over ₦1,000 per liter), adds a premium. CNG models can cost 10-15% more than petrol variants.
Where to Buy Tricycles in Nigeria
Securing a tricycle at a competitive price requires knowing where to shop. We highlight top options:
- Authorized Dealerships
- Boulos Enterprises (Lagos): Exclusive Piaggio distributor offering warranties and after-sales support.
- Simba Group (Lagos, Kano): Official TVS dealer with a wide network.
- Emel Automobiles (Lagos): Stocks Bajaj and Suzuki models with financing options.
- Online Marketplaces
Platforms like Jumia.ng and Jiji.ng list both new and used tricycles, often with negotiable prices. Listings include detailed specs, photos, and seller contacts. - Local Markets
Ladipo Market in Lagos and Kantin Kwari in Kano are hubs for tricycle sales, offering competitive rates on used units.
Cost Considerations Beyond Purchase Price
Owning a tricycle extends beyond the sticker price. We detail additional expenses:
- Registration and Licensing: ₦50,000 – ₦100,000, depending on the state.
- Insurance: Comprehensive coverage ranges from ₦30,000 – ₦60,000 annually.
- Maintenance: Routine servicing (oil changes, tire replacements) costs ₦20,000 – ₦40,000 yearly.
- Fuel: At ₦1,000 per liter, a 5-liter tank refill costs ₦5,000, with CNG options slashing this by 50%.
Read also: THow Much Is a Bike in Nigeria? Your 2025 Price Guide
Is a Tricycle a Worthwhile Investment in Nigeria?
For many Nigerians, tricycles represent more than transport—they’re a livelihood. Operators in cities like Lagos report daily earnings of ₦5,000 – ₦10,000, translating to ₦150,000 – ₦300,000 monthly before expenses. With hire-purchase schemes (e.g., ₦5,000 daily repayments), ownership is attainable, though rising costs challenge profitability. For personal use, tricycles offer unmatched convenience in navigating traffic-clogged streets.
Comparing Tricycle Brands: Which Offers the Best Value?
We evaluate leading brands to guide your purchase:
- Bajaj: Best for durability and resale value; ideal for commercial operators.
- TVS: Tops in fuel efficiency and spare parts availability; suits budget-conscious buyers.
- Piaggio: Excels in comfort and mileage; perfect for passenger-focused routes.
- Suzuki: Premium build quality; great for long-term investment.
Each brand caters to distinct needs, so aligning your priorities—cost, efficiency, or longevity—is key.
Tips for Buying a Tricycle in Nigeria
To secure the best deal, we recommend:
- Researching multiple vendors for price comparisons.
- Inspecting used units with a mechanic to assess engine and frame condition.
- Verifying documentation (ownership papers, registration).
- Negotiating firmly—dealers often have wiggle room.
- Opting for CNG models if fuel savings are a priority.
Read also: How Much Is a Mini Bus (Korope) in Nigeria? 2025 Price Guide
The Future of Tricycles in Nigeria
As Nigeria grapples with economic hardship and fuel scarcity, tricycles remain a lifeline. Innovations like solar-powered models from Okafor Motors and CNG adoption signal a shift toward sustainability. Prices may stabilize if local assembly scales up, reducing reliance on imports. For now, staying informed ensures you make a savvy purchase.