7/27/2023 0 Comments Download bolt technology“The union’s technical team is versed with the operation and technicality of ride-hailing companies and on our calculations, any app company can break even charging below five per cent even though the union recommended a flat commission of 10 per cent or 50 percent off their current commission during our last meeting, as we believe this will help us to cope with maintenance costs, spare parts and various overhead cost and the current fuel increase. The strike was also a response to the high commission fees established by Uber and Bolt which have established a huge presence in Nigeria. According to a statement released by the union on Wednesday, the upward review of fares between 25 to 30 percent implemented by Bolt and Uber were less than the union’s demands of a 200 percent increase and 50 percent reduction in commission.
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