Lagos Bolt Drivers Ready To Protest Amidst 50% Fare Cut

By Mohammed Adekola

Drivers working with the ride-hailing platform Bolt are set to protest after the company introduced a 50% fare cut, a move that has drawn sharp criticism from the Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos State Chapter.

The union claims that the drastic reduction will severely impact drivers’ ability to earn a living, pushing many into financial distress
AUATON’s Lagos State Public Relations Officer, Steven Iwindoye, expressed the union’s dissatisfaction with the fare cut in a statement released on Monday.

Iwindoye said the decision by Bolt to slash prices by such a large margin comes at a time when drivers are already facing tough economic conditions.

He pointed out that the latest move is part of a broader trend of unfair price reductions that ride-hailing companies, including Uber, Indrive, and Rida, have implemented in recent months.
He stated that the price slashes and poor treatment from ride-hailing companies have reached a breaking point for many drivers, who are now ready to take action.

He called on drivers to stand together and unite against the unfair pricing practices that have plagued the industry for years.