Di decision by rideshare giant Uber to leave Nigerian market afta 12 years fit don show di hard economic wahala wey multinational companies and local businesses dey face for di country.

Uber bin use strong safety measures to dominate di market wey dem estimate at $450 million last year.

While Uber bin dey small cheap pass im competitors, night crawlers wey be big part of di market, prefer to use dia platform becos of safety.

Bolt, inDrive and oda new companies use cheaper prices for riders and lower commissions for drivers to make Uber no get advantage. Plenty insights show sey Uber bin dey struggle lately becos of prices and platform charges.

Uber bin dey strict against cash payment for one cash-based economy. Until dem close operation, dem neva implement cash payment, wey make transactions hard, and riders complain plenty times.

Nigeria dey inside di company global restructuring wey include 10 percent payroll cut across continents. Di number of employees wey go affected for Nigeria neva clear as at di time wey dem write dis report.

Few hours afta di announcement, Uber disable dia booking apps, leaving plenty young Nigerians wey depend on dia service for daily survival to dia own fate.

The Guardian hear sey one of dia consultants and one big audit firm write to di company management immediately afta di announcement to reconcile dia retainership account.

Di e-hailing company announce dia plan to close operations for Nigeria and Uganda, wey take effect from yesterday.

For one statement by di company, di platform say dia sudden exit from Nigeria and Uganda na becos of di result of "thorough review" of dia operations. Di company also make clear sey dia exit from di two countries no go affect dia operations for oda places inside di continent.

"Afta thorough review, we don take di difficult decision to wind down operations for Nigeria and Uganda, effective September 2, 2026," dem tok.

E-hailing platforms bin dey fight plenty regulations, from state governments to federal agencies.

Di operators don call for review of di regulations wey dem consider as harsh. But Uber clear di Federal Airports Authority of Nigeria (FAAN), wey be di agency wey dey involved for di latest clampdown, from dia exit for di country.

Uber and oda e-hailing platforms bin dey suspended from operating into di nation airports by FAAN last month, one decision wey some stakeholders still dey fight.