Drivers Accuse Bolt and Uber of Inflating Earnings in Advertisements

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Accusations of Inflated Earnings
  2. Real Driver Earnings
  3. Commission Criticism


    4. Comrade Steven Iwindoye, a representative of Lagos drivers, criticized Bolt and Uber for publishing misleading information about driver earnings.

    Accusations of Inflated Earnings

    Comrade Steven Iwindoye, the Public Relations Officer of the Lagos Chapter of the Amalgamated Union of App-based Transporters of Nigeria (AUATON), claimed that advertisements by Bolt and Uber significantly exaggerate potential driver earnings. He pointed out that the claims of earnings up to 793,000 naira per month are false and misleading, as such amounts are earned only by a few high-performing drivers.

    Real Driver Earnings

    According to Iwindoye, total earnings for drivers on platforms like Bolt and Uber range between 200,000 to 400,000 naira per month for completing 10 to 20 trips per day. After deducting expenses such as fuel, maintenance, and data, the net income ranges between 100,000 to 200,000 naira per month. He emphasized that the advertisements are aimed at attracting new drivers and do not often reflect reality.

    "Gross earnings vary depending on location, demand, and driver efficiency. However, here are rough estimates. Gross earnings are between 200,000 to 400,000 naira per month at an average of 10 to 20 trips a day. Take-home pay after expenses like fuel, maintenance, data, etc. is between 100,000 to 200,000 naira per month."Comrade Steven Iwindoye

    Commission Criticism

    Comrade Iwindoye also condemned the 25 percent commission charged by Bolt and Uber, describing it as unfair. He stressed that the drivers, who are the backbone of the business, face numerous difficulties and costs, while the companies only connect them with riders.

    "We are the owners of the business. We are the ones going through a lot of difficulties on the road. The cars belong to us. We are the ones maintaining and taking care of the car. We are the ones fueling the cars. What are they doing for us? They only connect and link us to riders and they are still taking humongous commissions which leave us with nothing to go home in the evenings."Comrade Steven Iwindoye

    Comrade Steven Iwindoye urges prospective drivers to thoroughly research the terms, commissions, and expenses before making decisions based on advertisements. He noted that drivers have become more informed and will no longer fall for misleading claims.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Nvidia Introduces OpenShell Reference Architecture for AI Agents

Nvidia has introduced the OpenShell Reference Architecture, a design for managing autonomous AI agents, at GTC Berlin.

user avatarNguyen Van Long

OpenAI Announces $1 Billion Commitment to Cybersecurity

OpenAI announced a $1 billion commitment to enhance cybersecurity measures through its AI program, Daybreak, aimed at providing subsidized access to advanced AI tools for defenders of critical infrastructure.

user avatarSatoshi Nakamura

Elon Musk Proposes Merger of SpaceX and Tesla

Elon Musk announced that SpaceX and Tesla have formed special committees to explore a merger that could create a corporation valued at approximately $35 trillion.

user avatarJesper Sørensen

Standard Chartered to Acquire Zodia Custody

Standard Chartered has signed definitive agreements to acquire Zodia Custody Limited, enhancing its digital asset safekeeping services.

user avatarRajesh Kumar

Critical PHP Vulnerability Leads to Global Website Shutdowns

A critical vulnerability in PHP has caused panic worldwide, leading several countries to take down government websites and urging organizations to shut down their PHP-based sites.

user avatarLucas Weissmann

Probly Showcases Innovative Prediction Market Solutions at TOKEN2049

During TOKEN2049, Probly showcased its innovative approach to prediction markets, emphasizing accessibility, broad market coverage, and onchain settlement.

user avatarFilippo Romano

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.