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Home Business & Finance

Bolt Drivers Reject 50% Fare Slash, Plan Protest

Eriki Joan UgunushebyEriki Joan Ugunushe
February 3, 2025
in Business & Finance
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Bolt Drivers Reject 50% Fare Slash, Plan Protest
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Lagos app-based drivers under the Amalgamated Union of App-Based Transporters of Nigeria (AUATON) have rejected Bolt’s 50% fare cut, calling it a direct attack on their livelihoods. They argue that the ride-hailing giant is worsening their financial struggles under the guise of customer-friendly pricing.

AUATON members insist that the fare reduction makes it nearly impossible for them to earn a living, especially given the rising cost of fuel, vehicle maintenance, and general inflation. The union has, therefore, announced a protest to demand fairer earnings and better working conditions across all ride-hailing platforms.

Bolt Drivers Reject 50% Fare Slash

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  • Drivers Blame Bolt, Uber, Indrive, and Rida for Exploitation
  • Drivers Warn Against Sabotaging Protest Efforts

Drivers Blame Bolt, Uber, Indrive, and Rida for Exploitation

Union spokesperson Steven Iwindoye, in a Sunday press release, criticized Bolt and other ride-hailing companies like Uber, Indrive, and Rida for continuously reducing fares without considering drivers’ welfare. He described the situation as “unacceptable” and emphasized that drivers must take action before conditions become unbearable.

According to him, “We call on all drivers, regardless of union affiliation, to participate in the upcoming protest. We cannot afford to have drivers undermining the effort by continuing to work under these unfair conditions. The protest’s success relies on the unity and solidarity of all drivers.”

Drivers Warn Against Sabotaging Protest Efforts

Iwindoye also accused some drivers of being obstacles to industry progress. He stated that many have refused to take a stand or have actively worked against their colleagues by accepting exploitative fares. He urged them to use this protest as an opportunity to unite.

He encouraged drivers to start taking action by formally registering their dissatisfaction with Bolt before the protest date is announced. “Writing to Bolt and expressing our displeasure with the 50% price slash is a crucial step,” he said. “When the protest date is set, we must stand together and use our collective power to bring about change.”

AUATON is calling on all drivers to demand better treatment from ride-hailing companies. With rising economic challenges, drivers insist they can no longer afford to be underpaid while Bolt and other platforms continue to profit at their expense.

Tags: Bolt driversBolt Drivers Reject 50% Fare SlashBusinessfederal characterNewsPlan Protest
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

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