Uber Nigeria has increased fares on its app after fuel prices reached over N500 per litre earlier this month.
In a statement, Uber said, “following an in-depth review of the current fuel subsidy removal, Uber updated fares on the 3rd and 9th June on the app to reflect existing economic conditions. We believe this fare increase will have a positive impact on driver earnings while maintaining an affordable service for riders.”
The official announcement of this increment comes after Nigerians joked about alternative transportation when Uber fares became too high.
Uber also noted that in February 2022, it lowered the service fee from 25% to 20% to help enable better earning opportunities for drivers.
Country Manager Tope Akinwunmi said, “we want the best for drivers and frequently engage with them directly to better understand and receive feedback on the realities they face in their businesses.”