Home Business & EconomyUber raises Lagos fares by 13%

Uber raises Lagos fares by 13%

by Hollins Esegba
5 comments

UBER has increased the fare of its economy option (UberX) by 13% in Lagos. The increase will be effective from May 11, 2021.

The ride-hailing firm disclosed this in an email sent to its drivers to educate them on the motive behind the hike.

The mail stated, “At Uber, we remain committed to providing a reliable earning opportunity for driver-partners, as well as a reliable and affordable service for riders. With this in mind, starting 11th May 2021, we are increasing prices on UberX by about 13%.”

Both peak and off-peak periods will be affected by the new billing structure. It also reflects a time-based pricing that enables drivers to earn more at certain periods during the day.

The increase places Monday 08:00 am – 12:00 pm and Tuesday – Friday 05:00 am – 12:00 pm – at a minimum fare of N538; base fare: N237; Per kilometre fare: N70; and Per minute fare: N12.

The other time periods includes: Minimum fare: N575; Base fare: N255; Per kilometre fare: N75 and Per-minute fare: N12.5.

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