{"id":165,"date":"2025-02-12T18:42:20","date_gmt":"2025-02-12T17:42:20","guid":{"rendered":"https:\/\/techstream.getdev.co\/?p=165"},"modified":"2025-02-12T18:42:20","modified_gmt":"2025-02-12T17:42:20","slug":"50-slash-bolt-bows-to-drivers-pressure-increases-fares-following-backlash","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=165","title":{"rendered":"50% slash: Bolt bows to drivers\u2019 pressure, increases fares following backlash"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"file:\/\/\/private\/var\/mobile\/Containers\/Data\/Application\/C61EDB34-EAAC-4C3F-B7E7-83314455394E\/tmp\/org.automattic.MediaImageServiceSymlinks\/thumbnail-4398f24c-cb02-4a38-afeb-1abde40349f5-768x432.jpeg\" class=\"wp-image--609668978\"\/><\/figure>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Bolt has reversed its recent fare reduction after facing strong backlash from drivers. Initially, the ride-hailing company slashed fares by up to 50%, claiming the move was aimed at increasing demand on the app. However, drivers protested, arguing that the lower fares made it difficult for them to earn a living.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Following the backlash, Bolt increased fares again, though not fully returning to the previous rates. The Amalgamated Union of App-based Transporters of Nigeria (AUATON) confirmed the fare adjustment but noted that prices were still lower than before the reduction. Many drivers insist they will continue pushing for a complete reversal.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Bolt justified the price cut as a way to attract more riders amid Nigeria\u2019s declining purchasing power and economic challenges. The company denied claims that it was a 50% reduction, instead calling it a \u201cfare adjustment\u201d meant to improve driver earnings in the long run.<\/p>\n\n\n\n<p class=\"p1 wp-block-paragraph\">Read the full news here: <a href=\"https:\/\/technext24.com\/2025\/02\/04\/bolt-bows-to-pressure-increases-fares\/\">Technext<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bolt has reversed its recent fare reduction after facing strong backlash from drivers. Initially, the ride-hailing company slashed fares by up to 50%, claiming the move was aimed at increasing demand on the app. However, drivers protested, arguing that the lower fares made it difficult for them to earn a living. Following the backlash, Bolt&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-165","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=165"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/165\/revisions"}],"predecessor-version":[{"id":166,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/165\/revisions\/166"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}