Cost Of Tricycles (Keke Napep) In Nigeria Currently

If you’re thinking of buying a tricycle—popularly known as Keke Napep—in Nigeria this year, you’re not alone. Whether you’re a commercial driver, transport investor, or someone just looking for a side hustle that pays, understanding the current price of tricycles in Nigeria is essential. The market has shifted, and with the rising cost of living, fuel prices, and the naira’s instability, Keke prices have followed suit.

This post breaks down everything you need to know about the current Cost Of Tricycles Keke Napep in Nigeria, what affects the pricing, and tips to get the best deal in today’s market.

Why Keke Napep Remains Lucrative in Nigeria

Keke Napep is more than just a ride—it’s a lifeline. In many parts of Nigeria, especially urban centers and densely populated neighborhoods, tricycles are often the fastest, most affordable, and most accessible means of transport. With the constant traffic jams, bad roads, and rising fuel prices, more commuters prefer Keke over taxis or buses.

But beyond that, Keke is a business tool. For thousands of Nigerians, it’s how they pay school fees, feed their families, and stay afloat in this economy. Whether you’re a driver or an investor, buying a Keke Napep in Nigeria is still one of the most profitable small-scale ventures.

Here’s why it still makes sense ton invest in Tricycle Keke Napep:

• Low operating costs: It consumes less fuel than a car or okada.
• High daily returns: A well-maintained Keke can bring in ₦8K–₦15K daily.
• Steady demand: People always need to move, especially in areas where buses can’t reach.
• Flexible work hours: Drivers can choose to work part-time or full-time.
• Multiple ownership models: You can drive it yourself, lease it out, or do hire purchase.

In short, a Keke is a mobile income generator.

How Much is Keke Napep in Nigeria Now?

As of this month, the price of a brand new Keke Napep in Nigeria ranges from:

• ₦1,500,000 to ₦2,300,000 (Brand New)
• ₦800,000 to ₦1,400,000 (Fairly Used / Tokunbo)
• ₦500,000 to ₦750,000 (Locally Used / Nigerian Used)

These prices vary depending on:

• Brand (TVS, Bajaj, Piaggio, Daylong, etc.)
• Location (Lagos, Abuja, Kano, Port Harcourt, Onitsha)
• Condition (Brand new, Tokunbo, Nigerian used)
• Market forces (inflation, import duty, exchange rate)

Most Popular Keke Brands in Nigeria

Before buying, it’s smart to know which brands dominate the Nigerian market:

• TVS Tricycle: Durable, fuel-efficient, and has strong after-sale support. Price: ₦1.6M – ₦2.2M
• Bajaj Tricycle: Known for comfort and reliability. Parts are easy to find. Price: ₦1.5M – ₦2M
• Piaggio: Popular in the North, very stable and ideal for rough terrains. Price: ₦1.4M – ₦1.8M
• Daylong: Cheaper alternative, but less durable. Price: ₦1.3M – ₦1.6M

Why Are Tricycle Prices Going Up in Nigeria?

If you’re wondering why Keke Napep is more expensive than it was a year or two ago, here are a few reasons:

• Exchange Rate: Most tricycles are imported, and the naira’s value affects final pricing.
• Import Duties: Customs duties and taxes have gone up, especially on auto parts and CKD kits.
• Fuel Prices: Since the subsidy removal, fuel costs have spiked. Many are switching from cars to tricycles, increasing demand.
• Inflation: General inflation affects the cost of everything, including transport equipment.

Where to Buy Keke Napep in Nigeria (Safely)

Avoid the “Facebook vendors” with no office address. Here are reliable ways to buy:

Authorized Dealers

• TVS Nigeria
• Bajaj Nigeria (through Stallion Group)
• Piaggio Distributors
  These dealers offer warranties and after-sales service.

Keke Napep Dealers in Major Cities

• Lagos: Ladipo Market, Ikotun, Ojota, Mile 12
• Abuja: Dei-Dei Market, Nyanya
• Onitsha: Main Market, Nkpor
• Kano: Sabon Gari, Tarauni

Should You Buy Brand New or Tokunbo Keke?

It depends on your budget and what you want long-term.

• Brand New: More expensive, but better fuel efficiency and lower maintenance in the first year.
• Tokunbo / Fairly Used: Cheaper upfront, but may require repairs or engine work sooner.
• Nigerian Used: Riskier unless you know the source or can verify the condition.

Cost of Tricycle on Hire Purchase in Nigeria

Can’t afford to pay all at once? Many people go for Hire Purchase options where you pay gradually.

• Initial deposit: ₦300,000 – ₦500,000
• Weekly repayment: ₦25,000 – ₦35,000
• Duration: 8 – 12 months
• Total repayment: Around ₦2.2M – ₦2.6M

Make sure the hire purchase terms are clear. Read your contract. Many drivers complain of unrealistic payment schedules or hidden charges.

Final Thoughts: Is It Still Worth Buying Keke in Nigeria?

Yes—if you do it right.

Despite the rising cost of tricycles in Nigeria, Keke Napep remains one of the most profitable transport businesses, especially in cities with traffic congestion and poor road networks. Daily returns from commercial operation range from ₦8,000 to ₦15,000, depending on your location.

If you’re planning to buy, research properly, compare prices, and choose a reliable brand or dealer.

FAQ:

Got Questions or Looking to Buy Keke?

Drop your question in the comments or share your experience buying Keke this year. Your story might help someone avoid a costly mistake.