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

Uber and Bolt Drivers in Abeokuta Increase Ride Prices

user avatar

by Giorgi Kostiuk

8 months ago


Taxi drivers in Abeokuta, Nigeria, are expressing concerns over unfair pricing from Uber and Bolt. Local drivers are forced to raise prices to cover their costs.

Fare Situation

Initial rides requested through the app reveal a significant disparity between estimated and actual trip costs. For instance, for a 6.5 km trip from Professor Wole Soyinka Train Station, the driver charged 6000 N, while the app's estimate was 2200 N.

Driver Opinions and Pricing Problems

Local drivers like Sanusi state that the current pricing model does not allow them to cover operational expenses. He noted, 'I barely make N20,000 on an average day', pointing to frequent car maintenance costs. Another driver, Kadiri, highlighted that low request rates and lack of return trips impact their earnings, necessitating the inclusion of these costs in the final fare.

Bolt's Response and Possible Sanctions

In response to the situation, Osi Oguah, Bolt's General Manager in Nigeria, stated that the company does not endorse fare manipulation practices. He mentioned that drivers attempting to renegotiate fares violate the platform's terms of engagement. Bolt is also implementing educational measures to ensure fare compliance.

The situation in Abeokuta demonstrates the need for a balance between the interests of drivers and customers in the taxi service sector. Fare issues could lead to increased dissatisfaction among riders and further complicate the circumstances for drivers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

LayerZero's Fee Switch Could Shift ZRO Valuation

chest

Activating the fee switch on $150B in annualized volume could transition ZRO's valuation from optionality to measurable cash flow.

user avatarAyman Ben Youssef

Onchain Data Shows Coordinated ZRO Accumulation Patterns

chest

Onchain data indicates coordinated accumulation of ZRO tokens, suggesting institutional interest and strategic positioning.

user avatarTando Nkube

Canton Network Processes $8T in Monthly RWAs and $350B Daily in Treasury Repo

chest

Canton Network connects over 800 institutional firms and processes significant volumes in real-world assets and Treasury repo, with LayerZero as its only interoperability rail.

user avatarSon Min-ho

New Strategies for Building Credit Without Debt

chest

A comprehensive action list has been developed to help consumers build high-tier credit scores through nontraditional financial behaviors.

user avatarKofi Adjeman

The Evolution of Credit Scoring in 2026

chest

The credit scoring system is undergoing a significant transformation, moving away from traditional debt-based models to incorporate alternative data sources.

user avatarNguyen Van Long

TRON's Steady Growth and Strategic Accumulation

chest

TRON is demonstrating consistent growth and strategic accumulation, attracting investor interest.

user avatarLucas Weissmann

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.