Uber and Bolt drivers, still dealing with the pains of a previous fuel price increase occasioned by a fuel subsidy removal back in May, have been dealt yet another blow as fuel price is reported to have increased even further. According to several reports, the NNPC filling stations in Abuja have adjusted their pump prices to now sell for N617 per litre. This is up from N539 per litre, which is a difference of N78 and indicates a 14.5% increase. Although there has been no confirmation of an increase in Lagos, reports have it that an increase of around N80 which would bring the fuel price to between N560-N570 per litre, is in the offing. There are reports of fuel stations selling for as much as N580 per litre. Possibly nowhere would the adverse effects of this fuel hike be more felt than in the transportation sector. This will be even more so for Uber and Bolt drivers, who offer a more high-end means of transportation to folks who can afford it. And the drivers are already groaning under the weight of the additional burden of the price they have to bear, with several describing it as the final straw.
Read More











