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Bolt and Uber increases fares by 100% as fuel scarcity worsens in Nigeria

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Two of the biggest ride-hailing cars Uber and Bolt have increased the cost of rides within Lagos and other major cities in the country by over 100%. Most working-class Nigerians who do not have cars rely heavily on these companies for their daily commuting.

This is according to information gathered from riders and drivers of both ride-hailing firms in Lagos and Abuja. Drivers inform Carmart.ng that the reason for the increase in price is due to fuel scarcity that has hit major cities across the country.

The drivers opine that the fuel scarcity means fewer cars are available for riders to pick making thus creating a surge in price that is more than double the typical ride. For example, a ride from Lekki to Ikorodu road that was typically between N2,500 and N3,000 jumped to as high as N6,000 on Sunday.

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