Findings have revealed that some drivers on the ride-hailing
platforms, particularly Uber and Bolt are set to adjust their prices to
reflect the new pricing regime for Petroleum Motor Spirit (PMS).
Recall that the Nigeria National Petroleum Corporation (NNPC) on
Wednesday confirmed the new fuel price adjustment in a statement
following the announcement of subsidy removal by President Bola Ahmed
Tinubu.
Speaking with
Kadecommunicationng on Wednesday, some Bolt and Uber drivers explained
that the current rates on the ride-hailing platforms are no longer
feasible giving the amount they buy fuel in Nigeria as of today.
For some of the drivers, with
fuel now selling between N488 and N511 per litre, it is inevitable that
the prices on the apps changes to reflect current realities.
According to Segun Afolabi, a Uber driver, “The rates on the app
are no longer sustainable, and the company knows it. Any moment from
now, we are expecting a new pricing regime on the app.”
For Anozie Agah, a Bolt driver, pending the time the company
adjusts it’s rate over the new fuel rates, many drivers have been using
rates outside the app.
“When people book me this days, I no longer discuss with them based
on the rate on the app. I tell them prices based on the distance and
the amount of fuel that it will cost.
“The rates on the app have not been adjusted and even the customers
know that they are not feasible due to the cost of fuel this days.
“However, we expect an adjustment to the rates on the app any moment from now,”
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