There was a time in Nigeria when, with a million naira or even less, one could purchase a brand-new tricycle, popularly known as a Keke NAPEP or keke Marwa. Those days are long behind as a million naira will not get you a good Nigerian-used keke.
The price of these three-wheelers has continued to go higher as a result of the economic difficulty in the country and the potential returns associated with keke. Another factor driving the cost of keke is the banning of motorcycles, popularly known as Okada, in most states of the country.
Here is a look at the current prices of the different popular brands of keke in Nigeria, if you are going for a new three-wheeler.
Factors that determine the cost of keke in Nigeria
The price of a tricycle in Nigeria depends on several factors, such as the type (fuel or electric), brand, year of manufacture, and your location.
While electric keke are not popular in Nigeria, they are still available in the market, and they cost more than the fuel-engined motorcycles. Also, the brands of some tricycles, considered more reliable, are often more expensive than lesser brands.
In the same light, trikes with more recent manufacturing dates are costlier than older ones because it is believed that they are kitted with more recent features.
Your location is also important when you want to purchase a brand new keke. While it tends to be cheaper in places like Kano and Kaduna, it costs higher in Lagos, Abuja, and Rivers state.
Brand New Tricycle Cost in Nigeria Today
Price by Brand
Bajaj
Bajaj is the most popular Keke brand in Nigeria. For a new piece, it goes for between 2.5 million to 3.5 million naira on average. Depending on the type of engine and location, it is sold in some places, including online platforms like Jiji, for as high as 4.5 million Naira.
TVS
TVS is also a popular keke option in Nigeria, which now sells for a higher price of between 2.7 million to 3.7 million. In the same manner as the Bajaj, the engine type and location can get as high as 4.7 million Naira.
See Also: Best Motorcycles for Commercial Use in Nigeria
Price of keke in Nigeria by fuel type
Electric trikes
Electric kekes in Nigeria are still on the high end of things. This is probably because the market is still new and the competition is not much. When the market begins to open more, it is possible to see the prices going lower.
In 2025, an electric eight-seater tricycle goes for between 6.5 and 7 million Naira. A regular electric-keke in the country costs between 6 to 6.5 million Naira today, which is higer than a regular car.
Gasoline powered tricycles
Also known as petrol powered Kekes, these are the most popular trikes plyng the Nigerian roads. They are priced between 2.5 and 3.7 million Naira on the average. This depends on the make of the tricycle, among other factors.
CNG powered kekes
These are just making their ways into the Nigerian market and they are stll not available in most parts of the country. They are only available in some places including Ibadan, Adamawa, Anambra, Enugu, Lagos, and Abuja.
CNG-powered keke now cost around 3.5 million Naira. It could be higher in some places, and a little lower in the Northern part of the country.
Options available if you want to buy a brand new tricycle in Nigeria
The rising cost of keke in Nigeria has forced many to opt for used or refurbished options, some of which, although may have their issues, are significantly more affordable. But then, if you want to get a new one, there are options on how to buy.
1. Outright purchase
If you have the needed funds, the best and easiest option for you is to go ahead and buy the trike. With this, it immediately becomes yours.
2. Hire purchase
The hire purchase option is for individuals who want to purcahse a keke but do not have the required funds. They can reach out to companies and individuals who are willing to buy a tricyle and let them have it while they make monthly or weekly payment depending on the agreement.
The tricycle belongs to the original buyer until the rider finsihes payment. A default in payment or a breach in the agreement may lead to revocation.
3. Financing or loan
There are many platfirms that can offer you a loan to buy a tricycle in Nigeria including ESO-E microfinance bank and Omiye Micro Finance Bank. The difference between this and the hire purchase option is that with financing or loan, you immediately own the tricycle while with higher purchase, you get to own only after payment is fully made.
