The Nigerian business of ride-sharing giant, Uber Technologies, Inc., commonly known as Uber, has increased fares on its UberX with effect from Tuesday, October 6, 2020.
UberX is the most popular private car service on offer at Uber, commonly referred to as the ‘low-cost option’ for riders.
This new development was disclosed by the company in an e-mail shared with the riders and seen by Fedredsnews.
The new minimum fare has moved up from N400 to N500, Base from N200 to N220, per kilometre from N60 to N65.
The firm explained that the decision was taken to balance reliable earning opportunities for driver-partners, as well as a reliable and affordable service for the riders.
It stated, “While we have always tried to keep prices as low as possible, we need to be aware of the increased costs for driver-partners. This comes after implementing an in-depth earnings review to ensure that the Uber app continues to be a reliable economic opportunity for driver-partners, as well as an affordable option for riders. We believe that these fares remain competitive, and we’re committed to offering high-quality service to driver-partners in Lagos.”