Following Uber’s departure from Nigeria, ride-hailing company Bolt has recorded a 92 per cent weekly increase in driver registrations as drivers seek alternative platforms to earn income.
The Estonian mobility company, which has operated in Nigeria since 2016, disclosed the increase in an email to PUNCH Online on Wednesday.
Uber, Bolt’s major competitor, ended its operations in Nigeria on September 2 after about 12 years in the country. The exit has prompted drivers and riders to explore alternative platforms amid rising operating costs and increased competition.
However, Bolt did not disclose the number of registrations before and after Uber’s exit, making it difficult to determine the exact scale of the increase.
“Bolt has recorded a 92 per cent week-on-week increase in driver registrations following Uber’s exit from the Nigerian market,” Senior General Manager, Bolt West Africa, Teddy Appa-Dankyi, declared.
Despite the increasing interest from potential drivers, the CEO stated that the company would stick to its current onboarding and safety requirements.
“We are encouraged by the strong increase in interest from drivers looking to join Bolt. It shows drivers’ confidence in our platform and the opportunities we provide. However, growth cannot come at the expense of safety,” he added.
Prior to this development, Trump signed Executive Order 14204, which outlines U.S. policy regarding South Africa and addresses concerns raised by his administration, including uncompensated land expropriation.
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Backstory…
Recall that the global ride-hailing company, Uber announced on Wednesday that it is exiting the Nigerian market after 12 years of operation.
The platform, which first launched in Lagos in 2014, communicated the decision through an official email sent directly to its customers. Uber explained that the move to cease operations followed a comprehensive performance and business review.
“We are writing to share some difficult news. After a thorough review of our business, we have made the tough decision to wind down our operations in Nigeria, effective 2 September 2026,” the service provider, ” they said in the statement.
Read Also: Ride Hailing Company, Uber Announces Shutdown in Nigeria, Uganda
