Ride-hailing giant, Uber, has announced a 13% fare increase for its drivers in Nigeria to cushion the impact of the recent fuel price hike. This move aims to protect the earnings of drivers amidst the challenging economic situation in the country.
With the price of fuel rising sharply, Uber took proactive steps to support its drivers by implementing the fare adjustment. The company expressed confidence that this adjustment would positively impact the earning potential of its drivers while maintaining affordability for riders.
Meanwhile, the fuel price hike has led to scarcity and increased prices at filling stations across Nigeria. The National Association of Nigerian Students (NANS) has threatened to stage protests in major cities on September 15 if the government does not reverse the fuel price hike.
This development underscores the challenging economic conditions faced by Nigerians, and organizations like Uber are taking steps to support their stakeholders during this difficult time.
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