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Why Uber is leaving Nigeria after 12 years

Why Uber is leaving Nigeria after 12 years

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Uber Technologies announced it is winding down operations in Nigeria after 12 years, part of a global restructuring cutting roughly 3,300 jobs, or 10% of its workforce, according to Tribune Online. Company officials insisted the exit is unrelated to recent regulatory disputes with the Federal Airports Authority of Nigeria.

CEO Dara Khosrowshahi said the changes aim to simplify management layers and refine Uber’s global location strategy. Analysts warn the sudden departure creates uncertainty for thousands of Nigerian drivers, though it may open opportunities for competitors like Bolt, InDrive, and local ride-hailing startups to expand market share.

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