JUST IN: Uber Nigeria Announces Increase in Fares

Uber Nigeria has announced a temporary fare hike.

POLITICS NIGERIA reports that this is aimed at assisting their drivers in navigating the difficulties posed by inflation and the recent surge in fuel prices.

Uber clarified that the fare adjustment is designed to help drivers cope with escalating operational expenses, forming part of their ongoing endeavors to support the driver community.

In a statement issued by Tope Akinwumi, the Country Manager for Uber in Nigeria, the company stated:

Drivers are at the core of our operations, and we continuously work on initiatives and engage with them to make Uber the preferred app for drivers, all while maintaining affordable services for riders. Following a comprehensive assessment of the current fuel subsidy removal, we made fare updates on the app on June 3rd and 9th to reflect the prevailing economic conditions. We believe that these changes have contributed to better support for drivers, enabling increased earning opportunities. Moreover, in February 2022, we reduced the service fee from 25% to 20% to facilitate enhanced earning possibilities for drivers. We genuinely care about our drivers who operate on the Uber platform and actively communicate with them through roundtable discussions, surveys, phone calls, and in-app channels to gain a deeper understanding of the challenges they face in their businesses.”

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