Uber exit exposes Nigeria’s transport, regulatory gaps — Oye
The Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has said Uber’s decision to exit Nigeria after 12 years has exposed gaps in the country’s transport and regulatory system, particularly in competition, consumer choice, airport operations and governance.
Oye said the public experience surrounding airport transport had nevertheless exposed wider concerns over affordability and competition.
The company said the decision followed a review of its business priorities and investment focus across Africa and specifically stated that its exit was unrelated to the recent directive by the Federal Airports Authority of Nigeria (FAAN) concerning e-hailing operations at Nigerian airports.
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