Drivers operating under Uber and Moove have initiated a protest against a sharp increase in weekly remittances for vehicle rentals. This decision has sparked discontent and concern among drivers.
Reasons for Protest
Uber drivers have expressed their resistance to a 100% increase in the weekly remittance by Moove. They argue that the increase from 56,400 naira to 112,200 naira is unjustified and unacceptable, demanding a reversal of this hike.
Payment Structure and Driver Expenses
In the new structure, only 39,766 naira from the new amount covers loan repayments, accounting for only 33%. The remaining amounts are allocated for car maintenance and other costs, leading to dissatisfaction among the drivers.
Possible Reasons for Remittance Increase
According to unofficial sources, Moove may be reassessing its business model in light of the current economic conditions. The increase in remittances is also attributed to rising operational costs.
The protest by Uber drivers against Moove's remittance increase highlights critical issues regarding the fairness of working conditions and financial stability. The drivers have expressed readiness to continue their protest until their demands are addressed.
