A wave of discontent is sweeping through Nigeria’s ride-hailing community as app-based drivers condemn Bolt’s recent decision to slash fares by 50%. Naija247news reports that the move, which the company claims is aimed at increasing ridership, has been met with fierce opposition from drivers who say it will further strain their already precarious livelihoods.
Naija247news gathered that the fare reduction, which took effect last week, has left many drivers struggling to cover their operational costs, including fuel, maintenance, and platform commissions. “This is a slap in the face to drivers who are already battling rising fuel prices and economic hardship,” a Bolt driver told Naija247news on condition of anonymity. “How does Bolt expect us to survive with such low fares?”
According to Naija247news, the decision has prompted drivers to organize a nationwide protest, scheduled to take place next week. The protest aims to pressure Bolt into reversing the fare cut and engaging in meaningful dialogue with drivers. “We are tired of being treated unfairly. This protest is our way of saying enough is enough,” a spokesperson for the drivers’ union revealed to Naija247news.
Naija247news understands that Bolt’s fare reduction is part of a broader strategy to compete with other ride-hailing platforms and attract more customers. However, drivers argue that the move disproportionately benefits the company at their expense. “Bolt is trying to maximize its profits while pushing drivers deeper into poverty,” another driver lamented.
The fare slash has also raised concerns about the quality of service and safety for passengers. Naija247news reports that some drivers have threatened to boycott the platform altogether, while others say they may be forced to work longer hours to make ends meet. “When drivers are overworked and underpaid, it creates a risky environment for both drivers and passengers,” a transport analyst told Naija247news.
According to Naija247news, this is not the first time Bolt has faced backlash from its drivers. In recent years, the platform has been criticized for its high commission rates and lack of transparency in fare calculations. The latest controversy has further strained the relationship between the company and its drivers, with many calling for regulatory intervention.
As tensions escalate, Naija247news reports that all eyes are on Bolt’s management to address the drivers’ grievances and avert a potential crisis. “We hope the company will listen to us before the protest,” a driver said. “But if they don’t, we are ready to take a stand for our rights.”
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Reporting by Agnes Ekebuike Editor, Naija247news in Lagos, Nigeria.
