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E-hailing Platforms Capitalize on Uber's Exit in Nigeria

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E-hailing Platforms Capitalize on Uber's Exit in Nigeria

Following Uber's exit from Nigeria after 12 years, e-hailing platforms are seizing the opportunity to attract former Uber users with various promotions. Shuttlers has introduced a new service called Shuttlers Pod, which offers scheduled door-to-door rides with a named driver, fixed fares, and no surge pricing. inDrive Nigeria is also positioning itself to capture the market left by Uber, with country director Timothy Oladimeji expressing surprise at Uber's decision but viewing it as a chance to strengthen their presence in Nigeria. inDrive is promoting its low service fees as a competitive advantage to attract users and drivers.

Ayoade Ibrahim, co-founder & secretary general of the Amalgamated Union of App-Based Transporters of Nigeria (AUATON), noted that Uber's departure could initially benefit rival platforms by increasing driver availability. However, he cautioned that reduced competition might lead to less favorable conditions for riders and drivers in the long run, identifying Bolt as a potential major beneficiary due to its established presence.

Plus234Feed summary based on reporting from BusinessDay. Read the original report below.

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