• Home
  • Business
  • Uber Unveils Boat Taxis in Nigeria to Reduce Traffic Congestion
Image

Uber Unveils Boat Taxis in Nigeria to Reduce Traffic Congestion

An American multinational ridesharing company offering services Uber Technology Inc. in conjunction with Texas Connection Ferries, a local boat operator, and the Lagos State Waterways Authority has taken great move to launch a pilot phase of its boat business recently in Lagos, Nigeria.

Commenting on the launch, Uber’s Chief Business Officer Brooks Entwistle said that, in June the company was in talks with Lagos state government and regulatory authorities to start UberBoats to ease traffic congestion in the city.

The Nigeria’s commercial capital has one of the highest car densities in the world, with about 200 cars per kilometer causing traffic congestion. Its vast and underutilized waterways are seen as a viable transportation alternative to relieve pressure on the roads.

Meanwhile, the boat service, priced at 50% of current fares, is aimed at providing commuters with an easy and affordable way to get in and out of the city’s business districts,” the San Francisco-based firm said in an emailed response to questions. Customers will also get 50% discount on Uber taxis when used for rides to the boat jetty.

UberBoat will only be operational on weekdays from 8am to 5pm for500 naira ($1.39) per trip, the ride-hailing company stated.

Related Posts

Afreximbank, Heirs Energies seal $750m financing deal

The African Export-Import Bank (Afreximbank) and Heirs Energies Limited have sealed a landmark US$ 750 million financing partnership…

WIOCC secures $65m sustainability-linked financing to boost Africa’s digital infrastructure

WIOCC Group, Africa’s foremost open-access digital infrastructure provider, has successfully raised an additional $65 million in sustainability-linked debt…

PZ Cussons abandons Africa sell-off, bets big on Nigeria and continent’s growth

PZ Cussons Plc has dramatically reversed course, scrapping plans to divest its African subsidiaries and instead unveiling an…

Kenya overtakes Nigeria as Africa’s fastest-growing private-sector economy

Kenya has seized the crown as Africa’s fastest-expanding private-sector economy, ending Nigeria’s long dominance, according to the latest…

Leave a Reply

Your email address will not be published. Required fields are marked *