
Uber drivers in Lagos strike as company reports N6.1bn annual earnings
Uber Technologies Inc. says drivers in Nigeria earned a collective N6.1bn in additional income through its platform, even as a strike disrupts ride-hailing services in Lagos. The ongoing walkout has affected major platforms like Uber, Bolt, and inDrive, with drivers protesting low fares and rising costs. Uber emphasized that drivers are central to its business and expressed commitment to ongoing dialogue. The company’s 2023 Economic Impact Report highlights its role in supporting earning opportunities for drivers nationwide.
TLDR
- Uber reported N6.1bn in collective annual earnings for drivers in Nigeria, based on its 2023 Economic Impact Report.
- Drivers in Lagos staged a strike affecting Uber, Bolt, and inDrive, citing low fares, high costs, and challenging conditions.
- The strike has reduced ride availability and highlighted ongoing tensions in the city’s ride-hailing sector.
- Uber stated it values drivers and is committed to regular discussions to address their concerns.
- The company began operations in Nigeria in 2014 and has since expanded to major cities beyond Lagos.