He was facing an Uber-like regulatory situation in Lagos where his startup was facing a ban.
If this was related to his startup (and not some other personal dealing) then a clear motive would be for a legacy carrier being disrupted to want end his startup...
Your comment made me realize I was making an assumption that it was related to his business. I guess I just figure for someone to be trying to make progress in a place where progress is sorely needed, that its unlikely for them to have relationships or dealings that would warrant such heavy-handed consequences.
If it was political, I wonder who benefits the most from this. Surely there will be scrutiny now, if there's more case details than are reported. I hope they don't get away with this. This will scare off entrepreneurs, maybe that's exactly what the killer wants. Maybe they want to discourage not only Gokada, but any company or product that might disrupt status quo.
It could simply have been personal too. Have you ever watched Uncut Gems? I knew someone like the loan shark guy that if he didn't win, he would "win" anyways just to ease his inner cognitive dissonance. Just glad that he didn't have the money to pay for a hitman cause I could be dead too.
Wasn't just his company - bike sharing was banned in the state without warning. Also, commercial bike operations were banned on major roads and completely in some cities.
Following Lagos state, neighboring states immediately announced bans, telling the ride sharing companies not to come over.
Bike ride sharing companies were forced to rebrand as dispatchers. The bikes however must have delivery boxes fitted on the bikes else - the bikes would be seized.
If this was related to his startup (and not some other personal dealing) then a clear motive would be for a legacy carrier being disrupted to want end his startup...