• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Barriers to E-Hailing Union Ownership of App Companies

user avatar

by Giorgi Kostiuk

a year ago


Legal Constraints The Nigerian e-hailing union, AUATON, is statutorily prohibited from owning e-hailing app companies, as confirmed by Comrade Ibrahim Ayoade. The union's regulatory role precludes direct ownership of app companies under legal frameworks.

Driver Advocacy E-hailing drivers have expressed a desire to have ownership stakes in the apps they operate, leading to discussions within the union about potentially launching an app of their own.

Constitutional Prohibitions The union's constitution explicitly bars its leadership from owning app companies, aligning with the regulatory stance that unions are not intended to function as industry participants.

Industry Dynamics Joseph Olawale highlighted the dominance of cab-hailing companies in structuring industry terms, prompting considerations within the union to establish a counter-app.

Global Comparisons Examples from countries like the US, where driver-owned apps have emerged, showcase alternative models that prioritize driver benefits and earnings distribution.

Empowering Drivers While union ownership of e-hailing apps is restricted, individual drivers can leverage cooperative models to enhance control over earnings and operational practices.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Price Consolidation: Key Levels to Monitor This Weekend

chest

Bitcoin is currently consolidating between 86,000 and 89,500, defining the immediate range. Key support and resistance levels are identified, with potential for significant movement depending on market conditions.

user avatarMohamed Farouk

Viral Chart Causes Confusion in Dogecoin Trading

chest

A viral chart showing a decline in US federal employment during Trump's second term has caused confusion among Dogecoin traders.

user avatarTomas Novak

COTI Launches Privacy 20 Initiative to Enhance Blockchain Compliance

chest

COTI has launched its Privacy 20 initiative to enhance compliance and privacy in blockchain technology, focusing on Ethereum's Layer 2 environment.

user avatarMaria Fernandez

Building Financial Discipline to Maintain Debt Freedom

chest

Building financial discipline is crucial for maintaining debt freedom and avoiding relapse.

user avatarRajesh Kumar

Gate Swap Launches 3,000,000 GM Prize Event

chest

Gate Swap has launched a prize pool event offering 3,000,000 GM tokens with daily airdrops and base rewards from December 19 to 27.

user avatarKaterina Papadopoulou

Boosted Staking Rewards Target Ecosystem Growth

chest

The Eigen Foundation's proposal aims to boost EIGEN token emissions to enhance staking rewards and accelerate ecosystem growth.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.