Milestone

2026
2026
Acquired 11 Yutong buses for N495M, partly financed by MoneyField Microfinance Bank Limited (N90M). Company sourced the balance under a special scheme agreed by the vendor of the buses and CMS T&M.
 
 
2025
2025
Acquired 1 50-seater Yutong bus from company's cashflow for N23M.
2021
2021
Sold 10% equity stake in CMS T&M for N180M to Treepz, the mobility company based in Canada (HQ) and operates in Nigeria, Ghana, Kenya and Uganda.
2019
2019
Acquired and mixture of 7 50-seater buses (Yutong - 5 buses; TATA - 2 buses) through a combined N177.5M facility from: 
 
(a) UBA Plc (1 bus for 1 N27.5M), 
 
(b) NPF Microfinance Bank Plc (1 bus for N27.5M), 
 
(c) Bancorp Finance Limited (3 buses for N82.5M),
 
(d) AFCL (TATA Finance subsidiary, 2 buses for N40M).
2016
2016
Acquired 6 50-seater TATA buses through Sterling Bank Plc.
2016
2016
 acquired 3 50-seater TATA buses through NPF Microfinance Bank Plc. 
2014
2014
acquired 6 50-seater TATA buses through Union Bank Plc.
2012
2012
acquired 14 50-seater TATA buses through Union Bank Plc.
2011
2011
acquired 3 50-seater TATA buses through Union Bank Plc.
2010
2010
acquired 5 50-seater TATA buses through Union Bank Plc.
2004
2004
acquired its first 5 24-seater TATA buses through Mutual Benefits Assurance Plc. 
2002
2002
Registered with the CAC, Abuja, as CMS Tax & Motor Nigeria Limited on September 2, 2002. CMS T&M is comprised of 7 transport groups/associations/cooperative societies with eacg contributing a member to the Board of Directors. 
1968
1968
Established as Taxi Drivers Friendship Association. From a group of taxi drivers, the association metamorphosed into public transportation using high capacity buses for intracity transportation in Lagos State.

Driving Lagos forward through disciplined and regulated public transportation.

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