Search
Close this search box.
Search
Close this search box.
  • Loading stock data...

Uber Increase Fare Prices By 13%, Drivers Ask For More

Uber increases fares by 13% in Nigeria to offset rising fuel costs, sparking protests from drivers. Drivers demand lower commission rates to alleviate their financial burdens.
Uber Increase fare

Uber has announced a 13% fare increase in Nigeria, effective immediately. This decision comes in response to the recent surge in fuel prices, which has significantly impacted the operating costs of drivers on the platform. While Uber claims the increase is necessary to protect driver earnings, many drivers have expressed dissatisfaction with the move.

Drivers argue that the 13% fare hike is insufficient to offset the substantial increase in fuel costs. They contend that the platform’s commission rates remain excessively high, eroding their profits despite the fare adjustment.

Ride-hailing services in Nigeria typically charge drivers a commission of 20-25%, a practice that has long been a source of contention among the driver community. Drivers have repeatedly called for a reduction in commission rates to improve their earnings and make the industry more sustainable.

In a statement released on Friday, Uber emphasized its commitment to supporting drivers during this challenging time. The company asserted that the fare increase would help ensure that drivers continue to earn a fair income. However, many drivers remain skeptical, questioning whether the increase will truly make a meaningful difference to their bottom line.

The 9am news Nigeria reports that the recent fuel price hike has placed immense strain on the transportation sector in Nigeria. Drivers are grappling with rising operational costs, while passengers are facing higher fares. The situation has sparked widespread concerns about the affordability and accessibility of public transportation in the country.

Stay tuned to 9am News Nigeria for more updates Finance NewsSports updates And Entertainment Gists.

Trending

Scroll to Top