Uber has increased the rate of its economy option (UberX) by 13% in Lagos from May 11, 2021.
This was disclosed by the ride-hailing firm via e-mail sent to its drivers to educate them on the motive behind the hike.
It stated, “At Uber, we remain committed to providing a reliable earning opportunity for driver-partners, as well as a reliable and affordable service for riders. With this in mind, starting 11th May 2021, we are increasing prices on UberX by about 13%.”
The new billing structure will affect both peak and off-peak periods. It also reflects a time-based pricing that enables drivers to earn more at certain periods during the day.
Highlights of the new fares
- Monday 08:00 am – 12:00 pm and Tuesday – Friday 05:00 am – 12:00 pm – Minimum fare: N538; Base fare: N237; Per kilometre fare: N70; Per minute fare: N12.
- Other time periods – Minimum fare: N575; Base fare: N255; Per kilometre fare: N75 and Per-minute fare: N12.5.
Culled from Nairametrics