Uber exit exposes Nigeria’s transport, regulatory gaps — Oye

Vanguard News | 13-09-2026 10:10pm |

Dele Oye, Chairman of the Alliance for Economic Research and Ethics (AERE), stated that Uber's exit from Nigeria after 12 years highlights gaps in the country's transport and regulatory system, including issues with competition, consumer choice, airport operations, and governance. He called for a broader review of how Nigeria regulates emerging mobility platforms, emphasizing that regulation should protect security and public interest without hindering competition or raising transportation costs. Uber announced on September 2, 2026, that it would wind down its ride-hailing operations in Nigeria, citing a review of business priorities and investment focus in Africa, and stated the exit was unrelated to a recent FAAN directive.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.