BREAKING: Lagos Government, Bolt And Uber Reach New Agreement


Gbeleyi Abayomi

As a result public outcry, the Lagos state Government have rescinded an earlier agreement reached with e-hailing companies in Lagos, which was to come into effect on August 20.

The Lagos State Government and ride hailing operators, Uber and Bolt, have reached an agreement on a new guideline for companies operating in the sector.

The agreement was reached after a three-hour meeting today at Marina.

In the new agreed guideline which is set to take effect from August 27, 2020.

The following were agreed. there must be comprehensive insurance cover for drivers and passengers.

A flat fee of N20 to be known as a Road Improvement Fund and to be levied on each ride.

A reduction of 20 per cent on operational licencing fees.

There must be due diligence and background checks on all drivers.

Riders and drivers are asked to desist from offline trips and transactions.

The firms are.mandated to make all necessary data available to the government.

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