He finally challenged Bolt and Uber to make themselves available for a round table discussion so they could understand the real plight of the drivers and know for real what price mechanism would work given the current price of fuel which currently stands at an average of N500/l and as much as N650/l elsewhere. They make millions of dollars here,” he claimed. Every driver goes for inspection twice yearly at the rate of N8,000. Apart from commission, Bolt and Uber also make money from the traffic and data on their website. Why are they not reducing it to 10% percent? Because the commission is not the only area they make money from app drivers. “Let’s even talk about the price mechanism. Responding to Bolt’s claim that drivers shouldn’t expect a commensurate increase in price because there are other items that play a big role in determining their costs, the General Secretary noted that the e-hailing companies also make money through other avenues and as such should be agreeable to the drivers demands. Uber and Bolt drivers union are currently on strike It never comes to their mind that app drivers are going through a difficult time. Why are they not talking about those? They are selfish, they only think about their business and the money they are making. We also demanded that they slash their commission. We demanded that app companies should subsidise trip fare for the rider by at least 5% to cushion the effect of increase in price. “They should stop blackmailing us with passengers. The General Secretary of the union, Ibrahim Ayoade, told Technext that if Bolt and Uber are indeed so concerned about the passengers, they should have accepted to slash their commissions to 10% while also giving discounts to the passengers. However, the drivers, under the aegis of the Amalgamated Union of App-based Transport Workers of Nigeria (AUATWON), insisted that Bolt and Uber are trying to blackmail them using the passengers as a decoy. Where price options are made too high, there could be a risk of fewer or no requests from riders – meaning fewer or no earning opportunities for drivers.” We believe this fare increase will have a positive impact on driver earnings while maintaining an affordable service for riders. According to the company: “Uber takes into consideration the economic climate in rolling out any price reviews. Uber, in a response to TechCabal, had taken a similar stance. We have made adjustments to our pricing to ensure they maintain drivers’ daily earnings after taking total cost into account,” the company told its drivers. Fares need to strike a balance such that passengers remain willing and able to request rides and drivers are able to remain profitable on each trip. “ An increase in fuel cost does not necessitate an equivalent increase in total fares as the fuel cost is only one part of driver costs. As such, since the cost of these other determinants didn’t increase, it is unjustified that that drivers are demanding a 200% increase. In that mail, Bolt said other items that play a big role in determining driver costs include car rental cost, vehicle maintenance/servicing cost, data/call cost, etc. Bolt also sent a mail which appeared to try to rationalise why a 270% increase in fuel prices mustn’t necessitated a commensurate hike in fares to its drivers. The Country Manager had, in a statement to Technext, contended that excessively high prices would discourage passengers from ordering rides and this will in turn affect drivers’ earnings. This was in response to a remark made by Bolt Country Manager, Yahaya Mohammed concerning the demands of the drivers. The next time you need a ride, take Bolt!Įarn extra money driving with Bolt.Bolt and Uber drivers currently boycotting the app companies for their refusal to increase trip fares to match the realities of fuel subsidy removal, have slammed the companies for trying to blackmail them into accepting unfavourable fares. We rebranded from Taxify to Bolt in March 2019.īolt’s mission is to bring fast, reliable and affordable transportation to millions of people around the world, while also helping thousands of drivers support their families. ![]() See your driver's location on the real-time map īolt is available in 45 countries and 400 cities around the world. You can pay inside the app (Credit/Debit) or with cash.ġ.See the price of your ride before you order.Tap the button to order a ride, get picked up by a nearby driver, and enjoy a low-cost ride to your destination.
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