Uber to Exit Nigeria by September 2026 Amid Competition

Femi Bejide, a software and solutions architect, stated that Uber's decision to exit Nigeria is partly due to intense competition from rival ride-hailing platforms, inDrive and Bolt. He noted that Uber had lost significant market share and fallen to third place in Nigeria's ride-hailing market, primarily because its business model did not evolve with the local market.

Bejide mentioned that Uber's global downsizing made its Nigerian operations vulnerable, leading to the decision to cease operations in Nigeria and Uganda from September 2, 2026, after 12 years in the Nigerian market. Uber's review of its "evolving business priorities and investment focus" across Africa prompted this exit, although the company did not specifically cite competition as a reason.

Bejide remarked on the challenging market conditions in Nigeria, emphasizing that it represented a small part of Uber's global business, which generates $60 billion in revenue.