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Uber Exits Nigeria After 12 Years, Sparking Debate

Business
Uber Exits Nigeria After 12 Years, Sparking Debate

Uber discontinued its operations in Nigeria on September 2, 2026, after 12 years of service, marking a significant change in the urban transportation landscape. The company stated that the decision was based on a review of its evolving business priorities and investment focus across Africa, without attributing the move to Nigeria's economy or competition.

This exit has reignited discussions about the challenges of operating in Nigeria versus the potential for local alternatives. Tunde Alabi labeled the departure a "national tragedy," highlighting the impact on livelihoods dependent on Uber, while Tope Fasua, Special Adviser to the President on Economic Affairs, argued that the ride-hailing market remains viable with alternatives like Bolt and inDrive.

Adamu Garba expressed concerns about the vulnerability of relying on foreign digital platforms, emphasizing that such companies can exit markets quickly. The discussion reflects broader issues within Nigeria's digital economy and the resilience of local businesses.

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

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