Uber Hikes Fares in Lagos By 13%

Uber on Monday announced that it has increased the rate of its economy option (UberX) by 13% in Lagos from May 11, 2021.

The top ride-hailing firm disclosed this via an e-mail sent to its drivers, stating that it was part of its commitment to "providing a reliable earning opportunity for driver-partners".

READ ALSO: Transport Fares Still On the Rise - NBS

"At Uber, we remain committed to providing a reliable earning opportunity for driver-partners, as well as a reliable and affordable service for riders. With this in mind, starting 11th May 2021, we are increasing prices on UberX by about 13%.”

Uber's new billing structure affects both peak and off-peak periods. It also drafted a time-based pricing that enables drivers to earn more at certain periods during the day.

• Monday 08:00 am – 12:00 pm and Tuesday – Friday 05:00 am – 12:00 pm – Minimum fare: N538; Base fare: N237; Per kilometre fare: N70; Per minute fare: N12.
• Other time periods – Minimum fare: N575; Base fare: N255; Per kilometre fare: N75 and Per-minute fare: N12.5.

Recently, data from the Nigerian Burueau of Statistics retrieved by Allnews also showed that public transport fares have been on the rise this year.