- Accusations of Inflated Earnings
- Real Driver Earnings
- Commission Criticism
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.
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.
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.
