Uber Nigeria has announced an increase in fares aimed at assisting drivers who are grappling with the challenges posed by inflation and the recent hike in price of petrol.
Nigeria Country Manager for Uber, Tope Akinwumi in a statement, said the June 2023 fare increases are designed to help drivers cover rising operating costs and is part of their ongoing efforts to support their driver community.
It further said the company’s decision was a reflection of its commitment to providing better earning opportunities for drivers while maintaining an affordable service for riders.
“Following an in-depth review of the current fuel subsidy removal, Uber updated fares on the 3rd and 9th June on the app to reflect existing economic conditions.
“We believe these changes have helped better support drivers in increasing their earning opportunities. Furthermore, we lowered the service fee in February 2022 from 25% to 20% to help enable better-earning opportunities for drivers.”
The company also said that it is constantly monitoring local dynamics to see what changes can be implemented and when.
Uber also said that its service fee ensures the running of the Uber App and helps it maintain and make continuous investments to enhance its technology designed to meet the needs of riders and drivers.
The company claimed that drivers on its platform earn more than other ride-hailing platforms in Nigeria.
