Uber increases price of its service by 13 per cent in Lagos

The price of Uber service has increased in Lagos via the rate of its economy option (UberX) by 13% in Lagos from May 11, 2021.
The statement was made the ride 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%.”
It was gathered that the new price administration will have affect on  both peak and off-peak periods.
It also  enables drivers to earn more at certain periods during the day.
Summary of the New Price Regime
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