Home Business & EconomyBolt, Uber drivers now sell vehicles over poor economy – Association

Bolt, Uber drivers now sell vehicles over poor economy – Association

by Edidiong Nseabasi
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E-hailing drivers under the aegis of the Amalgamated Union of App-based Transporters of Nigeria have decried the increase in the level of job loss among its members following the withdrawal of investors.

The union lamented that vehicle owners were selling their vehicles due to the country’s dwindling economy.

The AUATWON spokesperson, Jossy Olawale, stated that investors were finding it difficult to cope due to the increase in the price of petrol and maintenance costs.

He said, “Now, some investors who bought cars and gave it to drivers are finding it hard to cope. They are selling out their cars and withdrawing from the business. This is reducing the numbers of drivers daily which is really affecting some of our members because many people are losing their jobs.

“On our various platforms, we see people requesting for cars because their car owners have withdrawn their cars as they cannot cope with the current situation. The issue is that once your car becomes faulty, the amount you had saved for three months may not be enough to repair it.”

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