Now Uber has a Lagos problem
Uber drivers in Lagos yesterday took to the street to protest against 40% fare reduction that the taxi service company introduced recently, a burden, which they claim is being passed on to the drivers.
This is related to competition which Uber is trying to fight in Lagos. A competitor had lowered fair by 30%, so Uber was responding to that. The unfortunate thing is that the drivers are the ones suffering since the riders have options to go for the cheapest service provider.
Tekedia Mini-MBA edition 16 (Feb 10 – May 3, 2025) opens registrations; register today for early bird discounts.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
With placards calling for halt to the current promo, reduction in fee to 10%, proper verification and adequate security measures, the drivers are not happy. They just think they are being squeezed from all angles.