Keke Napep Price in Nigeria 2026: New, Used & Hire Purchase

Updated 28 September 2026 · Wigmore Trading, Lagos

In this guide

• New keke napep prices in 2026
• Second-hand keke prices
• Keke napep price in Lagos, Abuja and other cities
• Hire purchase: what it really costs
• Running costs and earnings: the honest picture
• What affects the price
• Buying checklist and how to avoid scams
• FAQ

New keke napep prices in Nigeria (2026)

Two brands dominate Nigeria’s tricycle market: TVS King, which Simba Group distributes, and Bajaj RE, which Stallion Group distributes. Chinese brands such as Daylong and Royal fill the budget end, and electric tricycles are starting to show up in Lagos, Abuja and Kano.

These are asking prices we saw on Jiji in September 2026. Treat them as a starting point for negotiation, not a fixed price list.

Source: Jiji.ng listings viewed 28 September 2026. These are asking prices from individual sellers and dealers, not manufacturer list prices, and they can change weekly.

For context, a Legit.ng report in January 2025 put the cash price of a new keke at about ₦3.5 million, up from roughly ₦600,000 five years earlier. Today’s ₦3.8m–₦4m asking prices show the increase has slowed but not reversed.

TVS King vs Bajaj RE: which should you buy?

Both do the same job, and mechanics everywhere know both. The practical differences:

• TVS King Deluxe: 199.26cc four-stroke engine, 4 forward gears plus reverse, 8.5-litre petrol tank. TVS quotes about 38 km per litre on petrol. Those are manufacturer figures, and real Nigerian traffic will do worse. TVS has the most listings on Jiji (83 of the tricycles on the main tricycle page), so parts and resale buyers are easy to find.
• Bajaj RE: the older, best-known keke brand in Nigeria. Stallion calls it “the pioneer brand of tricycles in Nigeria”. Asking prices are roughly the same as TVS. Some operators prefer it for resale, especially in the North.

Pick whichever has a genuine dealer and trusted mechanics near your route. That matters more than the few thousand naira between the two badges.

Second-hand keke price in Nigeria

Used keke are where most first-time owners start. Here is what sellers were asking in September 2026:

Source: Jiji.ng listings viewed 28 September 2026. The lowest tricycle listing on Jiji’s tricycle page started at ₦650,000.

A used keke under ₦1 million is usually either very old or needs engine work. Budget for a mechanic’s inspection and possibly a rebore before you count it as a bargain.

Keke napep price in Lagos, Abuja and other cities

New keke prices don’t vary much between cities. Listings in Lagos (Yaba) and Abuja (Kubwa, Gwarinpa) were within ₦200,000 of each other in September 2026. Used prices vary more:

• Lagos: new Bajaj RE ₦3.8m–₦4m; used 2023–2024 TVS mostly ₦1.6m–₦2.3m. Lagos also has the most listings, so you can compare more easily.
• Abuja: new Bajaj RE ₦3.9m–₦3.95m; used Bajaj RE (2020–2024) ₦900k–₦1.55m.
• Kano: a 2020 Bajaj RE listed at ₦1.5m; a new electric keke listed at ₦5.6m.
• Port Harcourt and Delta: used 2023–2024 TVS from ₦900k (PH) to ₦1.65m (Warri/Uvwie).
• Nnewi (Anambra): a large spare-parts hub. A new TVS King Cargo was listed at about ₦4.4m.

Before you buy in Lagos, check where you can legally operate. Since February 2020, Lagos has restricted commercial tricycles in six LGAs and on major highways, including the Lagos–Ibadan, Apapa–Oshodi, Lagos–Abeokuta and Lekki–Epe expressways. In June 2026 the Federal Ministry of Works also banned okada and keke from the new Lagos–Calabar Coastal Highway. A keke that can’t work a profitable route is a bad investment at any price.

Keke hire purchase: what it really costs

Most riders don’t pay cash. They take a keke on “work and pay” from an owner, a cooperative or a microfinance-backed scheme, pay a daily or weekly remittance, and own the tricycle at the end. The TVS Nigeria website shows logos of microfinance and finance partners, and instalment apps now advertise keke on Jiji.

What the numbers look like:

• In January 2025, Legit.ng reported new keke at about ₦3.5 million cash vs ₦6 million on hire purchase. Five years earlier the figures were ₦600,000 and ₦1 million.
• One Lagos operator quoted in the same report said owners were demanding ₦5,000 a day, up from around ₦2,500.
• In September 2026, an instalment seller on Jiji advertised a new Bajaj RE at ₦4,958,150, about ₦1 million more than cash listings from the same week.

Worked example (illustrative): at ₦5,000 a day, six days a week, a rider pays about ₦1.56 million a year. Clearing a ₦6 million hire-purchase balance would take close to four years, and by then the keke has done a lot of hard kilometres. Before you sign, ask:

1. What is the total amount I pay, and over how many weeks?
2. Is there a deposit? Is it refundable if the deal ends early?
3. Who pays for servicing, tyres, accidents and the annual papers?
4. What happens if I miss a week because of illness or a breakdown? Can the owner take the keke back, and do I lose everything I have paid?
5. Will the papers (receipt, registration, proof of ownership) move into my name at the end? Get this in writing, witnessed.

Running costs and earnings: the honest picture

Many keke articles promise big daily profits. We couldn’t find a reliable, current survey of keke earnings in Nigeria, so we won’t invent one. Here is what the sources do show:

• Fuel is the biggest cost. In September 2026, Abuja tricycle operators raised fares by ₦100–₦200 after petrol reached ₦1,410–₦1,450 a litre (Legit.ng, 20 September 2026). In January 2025, a Lagos operator told Legit he spent almost ₦6,000 a day on fuel, compared with under ₦2,000 before the subsidy was removed.
• Illustrative fuel maths: at TVS’s quoted 38 km/litre and ₦1,450 a litre, fuel costs about ₦38 per kilometre. Real consumption in stop-go traffic with a full load will be higher.
• CNG is an option. The TVS King Deluxe is also made in a CNG version, and TVS claims 50 ± 5 km per unit of CNG against 38 ± 3 km per litre of petrol. CNG conversion kits for keke were listed on Jiji in Lagos at around ₦178,000–₦200,000 in 2026, with the cylinder sold separately. Only convert at a certified workshop.
• Other costs: daily union/park levies (these vary by state and LGA), spare parts, tyres, and annual registration and permits.

To estimate your own profit, ride or shadow your chosen route for a week. Record fares collected, fuel bought and levies paid, then subtract the daily remittance or loan repayment. That tells you more than any online figure.

What affects the price of a keke

• The naira exchange rate. Keke are imported (mostly from India, with some from China) or assembled from imported kits, so a weaker naira feeds straight into showroom prices.
• Import duty, levies and clearing charges on complete units and CKD kits. Use the import duty calculator if you are bringing in units yourself.
• Brand and model: TVS and Bajaj hold value better than lesser-known Chinese brands, which are cheaper new but harder to resell.
• Fuel type: CNG and electric models cost more upfront but less per kilometre.
• Condition and year: engine health matters far more than paint.
• Cash vs credit: hire purchase can add ₦1 million to ₦2.5 million to the total cost.
• Season and policy: state restrictions and new routes change demand overnight.

Buying checklist and how to avoid keke scams

1. Buy new from a traceable dealer. Ask for the dealer’s address and visit in person. Simba Group (TVS) and Stallion Group (Bajaj) are the brands’ distributors in Nigeria, so ask whether the seller is one of their dealers.
2. Match the numbers. The chassis and engine numbers on the keke must match the invoice, customs papers (for imported units) and registration documents.
3. Test ride with a mechanic. Listen for knocking, watch for blue smoke, and check the gears (including reverse), the brakes and the steering.
4. Get proof of ownership from the seller of a used keke: original purchase receipt, vehicle licence and road worthiness certificate.
5. Never pay a full deposit to an online seller you haven’t met. Meet in a public place, inspect the keke, then pay by bank transfer to a named account so there is a record.
6. Be wary of “too cheap”. A “brand new” keke listed at ₦1.5 million in 2026 is almost certainly a scam or a misdescribed used unit.

Scammers also pretend to be well-known companies. Wigmore Trading, for example, keeps a safety page listing its only official contact channels. Check any seller against the company’s own website before you send money.

Frequently asked questions

Related guides

• Bajaj motorcycle prices in Nigeria
• Mini bus prices in Nigeria
• How much it costs to travel from Lagos to Ibadan
• Transportation and logistics services in Nigeria
• Business consultants in Nigeria (for planning a transport business)

Sources: Jiji.ng keke and tricycle listings (viewed September 2026); Legit.ng, keke price and hire purchase (January 2025); Legit.ng, Abuja tricycle fares and petrol price (September 2026); TVS Motor, King Deluxe specifications; Stallion Group, Bajaj RE; TVS Nigeria (Simba Group); Federal Ministry of Information, Lagos okada/keke restrictions (2020); Vanguard, Lagos–Calabar Coastal Highway ban (June 2026). Prices are indicative and change often — confirm with the seller before paying.