Credicorp introduces CNG-powered tricycles in Adamawa

Credicorp has deployed compressed-natural-gas-powered tricycles in Yola, Adamawa State, as the company expands a nationwide credit-backed vehicle programme. The Yola activation marks Credicorp’s entry into Nigeria’s North-East, according to Premium Times. The programme is intended to support access to vehicles through credit, while the tricycles use compressed natural gas as their power source.

The supplied report did not state how many tricycles were deployed, identify the recipients or provide details of the financing arrangements. It also did not give the purchase price, repayment terms or the expected effect on transport costs for passengers and operators. No further information was provided about the locations where the vehicles will operate in Adamawa, the company’s plans for additional deployments in the region or the availability of facilities needed to refuel them.

The Yola activation is presented as part of a broader national expansion rather than as an isolated vehicle delivery. The available material does not include a timetable for that expansion or figures on the number of vehicles already covered by Credicorp’s programme.