NewStats: 3,261,123 , 8,173,099 topics. Date: Wednesday, 28 May 2025 at 09:52 AM 4ou6i

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 following the withdrawal of investors.

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

Speaking in an interview with Saturday PUNCH, 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 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“On our various platforms, we see people requesting for cars because their car owners have withdrawn their cars as they cannot cope with the current situation.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.”

Speaking further, he said, “That is why we have been calling on the government to us with the alternative CNG that they have been talking about because we are the worst hit by the removal of subsidy and increase in the pump price of fuel.”

In June, the union protested against the high commission rates set by Uber and Bolt despite the increase in petrol pump prices which dwindled their revenue generation.

They also demanded the protection of the drivers, as some attacks and killings were recorded in some parts of the country.

He also said the details of engers should be revealed to the drivers before pick-up for safety precautions.

He said, “During the protest in June, we requested that there should be a reduction in our commission and increase in fare as well as the security of drivers because we don’t know the identity of the drivers. Up till now, there has been no significant change.

“When there are attacks on drivers, the application company, most times, conceals the data of the engers. We’ve had a situation whereby there was an attack on a driver but there was no information about the enger he carried before the attack.

“That is why we are calling for adequate data collection and the government should regulate this sector. The National Identification Number can also be utilised in this regard.”

https://punchng.com/bolt-uber-drivers-now-sell-vehicles-over-poor-economy-association/?amp

Sad indeed.

The only thing now is having your own car for bolt or Uber, hiring out is not profitable now at all... But transport business actually has no much gain now

So sad and sympathetic.

Nah wa o

Sad
But the truth us that most bolt drivers pocket the proceeds from the business and tell the car owner long long stories every day.


If u own ur own car and use it for bolt u will not sell it.

Quite sad.

carreport:
Sad
But the truth us that most bolt drivers pocket the proceeds from the business and tell the car owner long long stories every day.


If u own ur own car and use it for bolt u will not sell it.

Sorry I just sold mine

PBUY
Apart from uber driver hit like if subsidy removal is also affecting your business.

Currently,no business is profitable.

carreport:
Sad
But the truth us that most bolt drivers pocket the proceeds from the business and tell the car owner long long stories every day.


If u own ur own car and use it for bolt u will not sell it.

Typical defensive mechanism of a Tinubu er


Even if naira is 10,000 per dollar they’ll shift the blame from Tinubu and peg it on innocent Abokis at rumuola junction changing dollar


They can never accept that their certificate forger is a menace


Meanwhile they all suffer more than people who never voted their candidate

Yea. I know many owners who have sold their cars

Direct owners for that matter. Who drive their personal cars. Fuel has eaten deep into what was supposed to be profits. And the cars are looking haggard

Wahala...

Bolt, Uber and Co should have a review in their pricing and reducing their commission 👌

carreport:
Sad
But the truth us that most bolt drivers pocket the proceeds from the business and tell the car owner long long stories every day.


If u own ur own car and use it for bolt u will not sell it.

Your wrong
Car owners are selling. Not worth the time.

All sectors of the economy are going through hard times.
The removal of subsidy, Rise in dollars coupled with this double digit inflation is having a multiplier effect on everything.
People are seeing shege, some in pro max.
The next few months are going to be crazy.

£ = N1,500, more to come, he go reach everybody

All of you voted for Jagaban criminal Tinubu tribalistic bigots, let's all face the problem.

D

Not just Uber drivers, shop owners are equally feeling the brunt. It is just a shame that the president didn't plan on ways to reduce the negative impact fuel subsidy will have on the common man before removing it. They(politicians) are all selfish because they are living a comfortable life by taxing (indirect tax) the hell out of Nigerians

E no easy na. How you go buy fuel almost 600 naira/litre only for bolt to collect almost 30 percent commission from small money wey rider pay you to drive am very far distance. Car maintenance go chop him own money, feeding dey there too. Aside that self, even hire purchase plans no dey work again. How I go buy Corolla for almost 4 million then I go come give am out on hire purchase. Shey na 8 million naira the driver go fit pay back?

The cost of petrol in this #renewedhope era coupled with the Uber commissions alone makes this business hard to break even. Only those with a network of offline clients are those really making bank during this period

So sad

Gjrich:
https://punchng.com/bolt-uber-drivers-now-sell-vehicles-over-poor-economy-association/?amp

We never see anything yet in this clueless agbado economy of lootocracy.

This is just the beginning of shege promax.

Fasten your seatbelts, guys.
Tighten your belts for the turbulence.

Hmmm…It’s well
Meanwhile, see the top 10 countries with the largest Muslim population in the world!

https://www.youtube.com/watch?v=tyPWOsP_PsM

OVIHINNO:

Sorry I just sold mine

So sorry about that. No worry, God dey arrange better one for you. I can't advice anyone to buy a tokumbo Corolla or Camry now and give out on hire purchase to a random driver that does not know how financially painful it is to buy those toks vehicles now. They are very likely to mes your car for you within 4 months of handing it to them. By the time you might want to sell it, you might end up begging buyers to buy it for half the price you bought it. That's how terrible some drivers are.

We will teach Obi a lesson.
He must suffer till eternity


Obi is really suffering now

Sad…Agbadorites will see this, leave their well packaged failure tinubu and start blaming Peter Obi , that’s the reason people say nobody with common sense s tinubu

DARLINGTON869:
E no easy na. How you go buy fuel almost 600 naira/litre only for bolt to collect almost 30 percent commission from small money wey rider pay you to drive am very far distance. Car maintenance go chop him own money, feeding dey there too. Aside that self, even hire purchase plans no dey work again. How I go buy Corolla for almost 4 million then I go come give am out on hire purchase. Shey na 8 million naira the driver go fit pay back?

Fuel is 620/630 now. Confirmed

591 is nnpc and most are closed....na game

Your Journey Our Commitment.
Get Started With PickMe Today By ing Our Mobile App :
https://www.pickme.com.ng/

Tinubu is a curse.

Chai..




See the mugu above, nkpi.


We're seeing the impact of the past negative rulerships.


When they were borrowing and squandering money in the past, don't you know the catastrophic effects would come?


...about 5 months is too short to have damaged the country!


The hardship wouldn't end now,,


We will continue to pay for years.


May God airpus-saul..

The worse thing is that people wouldn't troop violently on the street to protest because if it happens in Osun or Ogun or Lagos state, one Omoluabi would protest that they want to bring their brother in Aso Rock down. This is what happened for 8 years of Buhari's rule, incompetence and insecurity and yet not even one single state in the North was it mentioned there was an upheaval. Nigeria is one caged unworkable entity and it is only when the hunger is rampant and imminent, unbearable to the Holocaust level that would men troop to the street; irrespective of religious, party or ethnic affiliation to demand a dismantling of this animals at the helm. The suffering is too much and everybody is quiet