Entrepreneurship, Innovation and Startups News Hub

Uber, Bolt Prices Surge as Ride-hailing Services Cash-in on Okada Ban

Reading Time: 2 minutes


Uber and Bolt, the two popular and most widely used ride-hailing platforms in Lagos, are reportedly cashing-in on the ban of motorcycles also known as ‘Okada’ in the centre of excellence.

Prices on the ride-hailing platforms have reportedly surged as a result of increased demand.

On Bolt, a trip from Ojuelegba to Yaba on Lagos Mainland that usually costs between N400 and N500 is now between 600 and 800. Meanwhile, it is between N500-550 for the same trip on Uber.

Unlike short destinations, the prices for taking a ride for distant and long trips are very much higher.

As Uber and Bolt are cashing-in on the Okada Ban, many commuters have resulted in either trekking to their final destinations or waiting for several hours for the Lagos commercial buses also known as Danfo.

Uber Uber

Unfortunately, Lagosians who are not mobile have no other alternative than to pay the high fares charged by Uber, Bolt and the regular Danfos or they simply trek.

READ  African Logistics Startup, Kobo360 Officially Launches in Ghana

A bit of succour or relieve would have come the way of Lagosians if the government had not also banned the on-demand commercial motorcycle startups like ORide, Gokada NG and MaxOkada.

The Lagos State Government proscribed operations of motorcycles in six Local Government Areas (LGAs), nine Local Council Development Areas (LCDAs) and 10 major highways across the State with effect from February 1.

LASG directed security operatives to embark on total enforcement of the State’s Transport Sector Reform Law of 2018 to immediately address the chaos and disorderliness created by illegal operations of Okada and tricycle riders in restricted areas.

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.