Categories: BusinessNews

Uber reports N6.1bn driver earnings as Lagos strike disrupts ride-hailing

Uber Technologies Inc. has revealed that drivers using its platform in Nigeria collectively earn about N6.1 billion annually, even as a strike by app-based transport operators continues to disrupt services in Lagos.

The protest, which began on Monday and persisted through Wednesday, has affected major ride-hailing platforms including Uber, Bolt, and inDrive, leading to reduced ride availability across the city.

Driver unions say the strike was triggered by rising operational costs, low fares, and difficult working conditions.

Many drivers logged off their apps in protest, highlighting growing tensions within Lagos’s rapidly expanding ride-hailing sector.

In response, Uber emphasised the importance of drivers to its operations, stating that it remains committed to engaging them through dialogue and regular consultations.

According to the company’s 2023 Economic Impact Report for Nigeria, the N6.1 billion figure represents the total additional income generated annually by drivers on the platform nationwide.

It noted that individual earnings vary depending on factors such as the number of trips completed, hours worked, and operating expenses.

Since launching in Nigeria in 2014, Uber has expanded from Lagos to cities including Abuja, Port Harcourt, and Ibadan, becoming one of the leading players in the country’s ride-hailing market.

The latest strike is not the first, as drivers have previously protested over similar concerns, including fare levels, commission charges, and increasing costs of operations.

The recurring disputes underscore ongoing friction between drivers and ride-hailing companies despite the income opportunities provided by the platforms.

Uber reiterated its preference for dialogue, noting that ongoing discussions with drivers could shape future decisions on fares, commissions, and overall operational policies in Lagos.

LUKMAN ABDULMALIK

Recent Posts

Military training will give Nigerians ‘different perspective about life’ — Defence Minister

Minister of Defence Christopher Musa has said every Nigerian should undergo military training to gain…

21 minutes ago

EFCC declares ex-pension boss Maina wanted over fresh allegation

The Economic and Financial Crimes Commission has declared former Chairman of the Presidential Task Force…

34 minutes ago

IMF releases 2026 annual report, highlights global economic challenges

The International Monetary Fund (IMF) has released its 2026 Annual Report of the Executive Board.…

49 minutes ago

Lagos arrests man over viral video of toddler abuse

The Lagos State Government has confirmed the arrest of a man accused of assaulting a…

52 minutes ago

Sultan, SGF to politicians: Keep politics out of churches, mosques

The Sultan of Sokoto, Muhammadu Sa’ad Abubakar III, and the Secretary to the Government of…

2 hours ago

Nutrition key to Kaduna’s human capital development — Dep gov

The Kaduna State Government has described nutrition as a critical component of its human capital…

2 hours ago

This website uses cookies.