Connect with us

Auto

Uber Contributes N34bn to Nigeria’s Economy in One Year

Published

on

Uber Technologies System Nigeria Limited

By Aduragbemi Omiyale

A new report has shown that about N34 billion was contributed to the economy of Nigeria by a popular ride-hailing platform, Uber.

The report, conducted by Public First and titled Uber’s Nigeria Economic Impact Report, also revealed that enjoyed a consumer surplus valued at nearly N500 billion through time, cost, and convenience savings.

Launching the survey at the Lagos Road Mobility Summit last week, the General Manager for Uber Sub-Saharan Africa, Deepesh Thomas, was quoted as saying in a statement that, “Uber is more than a way to move from A to B, it’s a platform that empowers people to shape their own futures.

“From drivers who value the flexibility of earning on their own terms, to women who feel safer getting home at night, to local businesses reaching more customers, Uber is proud to be part of Nigeria’s growth story.”

For thousands of Nigerians, Uber has become a lifeline for both income and independence. Drivers using the app earned N6.1 billion more in 2023, with average earnings sitting at 34 per cent higher than their next best alternative.

The report also found that flexibility, the freedom to decide when and how to work, carried an additional financial value of N6.3 billion, with almost nine in 10 drivers (88 per cent) saying this flexibility helps them balance their family responsibilities.

The study also showed that in 2023, the platform generated nearly N930 million in value for the nighttime economy, ensuring more people can safely enjoy restaurants, concerts, and nightlife. Nigeria’s growing tourism industry benefitted too, with Uber adding N5.4 billion in value by helping visitors and locals explore destinations more easily.

At the summit, stakeholders, including policymakers, regulators, safety advocates, and industry operators brainstormed to tackle Nigeria’s road safety crisis and highlighted the role of technology-driven platforms like Uber in creating safer, smarter, and more inclusive transport systems.

The programme was held in partnership with the Lagos State Ministry of Transport, with representatives of the Federal Road Safety Corps (FRSC), the Lagos State Traffic Management Authority (LASTMA), and the World Bank’s SSATP team and others in attendance.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Auto

Man Cools Off in EFCC Custody Over Alleged $320,000 Vehicle Import Fraud

Published

on

Adegoke Oluwatobi Adams

By Modupe Gbadeyanka

A Nigerian-American identified as Mr Adegoke Oluwatobi Adams has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) in Ilorin, Kwara State, over his alleged link with cross-border vehicle import fraud of about $320,000 (approximately N434.88 million).

A statement from the EFCC disclosed that the suspect is being investigated for alleged criminal breach of trust and obtaining money by false pretence.

Preliminary investigations revealed that he allegedly belongs to a syndicate based in the United States that specialises in defrauding unsuspecting Nigerians under the guise of purchasing and importing vehicles from the US for them.

It was discovered that while residing in America, Mr Adams allegedly advertised and circulated photographs of a 2024 Mercedes-Benz G63 AMG to prospective buyers in Nigeria, promising to purchase and ship the luxury vehicle to them.

Findings revealed that two victims allegedly paid $320,000 for the vehicle. One of the victims, Ikechukwu Osita Ifeabunike, reportedly paid $145,000 through an intermediary, while another victim, Godson Azubuike Amans, allegedly paid $175,000 for the same vehicle.

Further investigation also uncovered a prior criminal record involving Mr Adams in the United States, allegedly related to the illegal acquisition of vehicles. In the long run, the suspect was arrested by operatives of the Ilorin Zonal Directorate of the EFCC upon his return to Nigeria.

Continue Reading

Auto

Warri–Itakpe Train Derailment Leaves Passengers With Injuries

Published

on

Warri-Itakpe train

By Aduragbemi Omiyale

A few passengers on a Warri-Itakpe train were feared to have died on Monday in a derailment, which affected at least four coaches. Some of the passengers were also said to have suffered some degree of injury.

This was confirmed by the Nigerian Railway Corporation (NRC) in a statement today.

The unfortunate incident involved the Warri–Itakpe Train Service (WITS), the agency stated, though it did not confirm the number of human casualties.

However, it noted that emergency response teams and relevant authorities were at the scene attending to the situation and providing necessary assistance.

“The Nigerian Railway Corporation (NRC) confirms that an incident involving the Warri–Itakpe Train Service (WITS) occurred today.

“Emergency response teams and relevant authorities are currently at the scene attending to the situation and providing necessary assistance,” the chief executive of the organisation, Mr Kayode Opeifa, said in the statement.

“The corporation is closely monitoring developments and a detailed statement will be issued as soon as more information becomes available,” it added.

Continue Reading

Auto

Shuttlers Hits 10 Million Trips, Expands Reach via Google Maps Transit

Published

on

Shuttlers

By Adedapo Adesanya

Nigerian mobility startup Shuttlers has surpassed 10 million trips on its platform and expanded its reach through an integration with Google Maps Transit in Nigeria, thereby strengthening access to public transportation information.

According to a statement on Monday, the milestones reflect the growing need for structured, shared mobility in urban Africa.

The 10-million-trip milestone coincides with Shuttlers’ 10th year of operations, marking a key point in its growth trajectory. Meanwhile, the Google Maps integration now allows users searching for transit directions on the platform to view Shuttlers’ routes and book seats directly through its system.

The partnership is expected to broaden access to reliable shared transportation options for businesses and professionals navigating major urban centres.

To achieve a Google Transit Partner status, Shuttlers aligned its data architecture, route systems, and real-time operational capabilities with Google’s partner infrastructure requirements.

Across the continent’s fastest-growing cities, formal public transport infrastructure faces significant pressure from rapid population growth, leaving millions of professionals dependent on fragmented and costly alternatives. According to the World Bank, African cities lose an estimated 2% to 5% of GDP annually to transport inefficiency.

Shuttlers currently serves 30,000 active users across more than 1,000 itineraries, operating more than 430 buses daily across Lagos, Abuja and Port Harcourt. Since launching in 2016, the platform said it has maintained a 99 per cent trip completion rate and a 99.94 per cent incident-free rate across its entire journey history.

The average Shuttlers commuter saves 60 per cent to 88 per cent on transport costs compared to ride-hailing services, and reclaims 8 to 12 hours from gridlock every month. In Lagos, the average commuter loses more than 30 hours a month to gridlock.

Speaking on this achievement, chief executive and co-founder of Shuttlers, Ms Damilola Olokesusi, shared, “We are incredibly proud of our integration into the Google Maps Transit system. This, alongside hitting 10 million journeys since launch, is a reflection of years of hard work. For millions of professionals, commuting is still unpredictable, exhausting and expensive.”

“We have spent the last 10 years building technology and operational infrastructure that makes daily transportation more dependable – for commuters, businesses that employ them, and the fleet operators who power our network,” she added.

On his part, Mr Olumide Balogun, Director for West Africa at Google, said: “We are pleased to welcome Shuttlers into the Google Transit ecosystem in Nigeria. Reliable transit information helps people navigate cities more confidently and efficiently. As more Nigerians adopt digital tools for everyday mobility, integrations like these help make trusted transportation easier to discover and access.”

Reiterated its commitment to sustainability, Shutters also disclosed that it is actively integrating Compressed Natural Gas (CNG) and electric buses into its fleet, reducing emissions by up to 60 per cent compared to traditional diesel alternatives.

Continue Reading

Trending