More woes for Nigerians as Bolt Increases Fare by 3%

Nigerians will begin to pay higher fares for using e-hailing app, Bolt Transport following the hike in fare by three per cent.

This was contained in an e-mail communication to its customers on Wednesday.

The newly introduced booking fee will begin December 8, 2021, according to the company.

With over 10,000 drivers in Nigeria, the company had increased its rates by 10 per cent in 2020 over high operation cost.

Formerly called Taxify, the company said the current increase will only affect trips of N3,000 and above.

Analysis reveals that for trips of N3,000, the sum of N90 extra charge will be paid by the user.

For rides of N4,000, the user will pay additional N120, while for trip of N5000, the user is expected to pay additional N150.

Bolt said, “At Bolt, we’re committed to making sure Bolt is the most affordable way to move around Nigeria.

“However, we also recognize changes in operating costs which can occur as we work to keep you moving around reliably, safely, and affordably.

“From December 8th, 2021, we are introducing a three per cent booking fee on all trips. This will be used to cover operational costs and allow us to continue improving features to make Bolt the best way to move around.”