Why Uber Nigeria Increases Fares

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CBN

Uber Nigeria has recently announced a fare increase in a bid to support its drivers who are facing challenges due to inflation and recent fuel price hikes. The adjustment aims to help drivers cover rising operating costs while maintaining an affordable service for riders.

 

Uber however revealed that, the fare increase is part of its ongoing efforts to support its driver community and provide better earning opportunities.

 

CBN

As the company acknowledged the impact of fuel cost increases on drivers and reflects its commitment to engaging with drivers and understanding the realities they face in their businesses.

 

While the fare adjustment is not just meant to cover the entire cost of fuel but also to assist drivers in coping with the recent fuel price hike. Uber remains one of the leading ride-hailing platforms in Nigeria, competing with other players such as Bolt, InDrive, and Gokada.

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