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UBER IS LEAVING NIGERIA After 12 years of operating in Nigeria, Uber has officially announced that it is winding down its ride-hailing operations in the country effective **September 2, 2026**. For millions of Nigerians who have used Uber to move around Lagos, Abuja and other cities, this is a major development. Uber was one of the companies that helped transform how Nigerians think about transportation, introducing app-based ride-hailing, digital payments, upfront pricing and driver-partner platforms to the Nigerian market. But now, Uber is gone. So the big question is: **WHY IS UBER LEAVING NIGERIA?** In this video, 234Drive breaks down everything you need to know about Uber's exit from Nigeria, what Uber itself has said about the decision, the challenges facing the Nigerian ride-hailing industry, and what this could mean for drivers, passengers and competing platforms. Uber says the decision followed a review of its **evolving business priorities and investment focus across Africa**. The company has stressed that the decision is specific to Nigeria and Uganda and does NOT mean that Uber is leaving Africa. Uber has also clarified that its exit is **not connected to the recent FAAN directive concerning e-hailing operations at Nigerian airports**, despite the timing of the two developments. But beyond Uber's official statement, there are bigger questions about the economics of ride-hailing in Nigeria. Fuel prices have increased. Vehicle maintenance has become more expensive. Spare parts cost more. Inflation and currency instability have increased operating costs, while passengers continue to demand affordable fares. At the same time, drivers need to make enough money to cover fuel, maintenance, vehicle financing and their daily expenses, while ride-hailing companies need a business model that allows them to remain profitable and competitive. This creates a difficult balance #Uber #UberNigeria #UberLeavingNigeria #UberExit #Nigeria #NigeriaNews #234Drive #RideHailing #Ehatling #TransportationNigeria #MobilityNigeria #BoltNigeria #inDriveNigeria #UberDrivers #UberRiders #Lagos #LagosTransportation #NigerianTransport #CarNigeria #AutomobileNigeria #NigeriaMobility #RideHailingNigeria #Uber2026 #BreakingNewsNigeria #TechNigeria #BusinessNigeria #TransportNews #FAAN #UberExitNigeria
Why UBER is Leaving Nigeria..TODAY
How much does it really cost to own a 2018 Lexus RX350 in Nigeria? The purchase price is only the beginning. In this episode of TRUE COST, we break down the real cost of buying, maintaining, fueling and living with a 2018 Lexus RX350 in Nigeria. From fuel consumption and routine maintenance to tyres, suspension, brakes, transmission service, insurance, unexpected repairs and the hidden expenses that many Nigerian car buyers don't consider before buying a luxury SUV, we look at what it actually takes to keep this Lexus on the road. The Lexus RX350 is one of the most popular luxury SUVs among Nigerian car buyers, largely because of its combination of comfort, reliability, refinement, practicality and relatively strong resale value. But does the RX350 still make financial sense when you factor in the actual cost of ownership? In this video, we go beyond the advertised price of the car and examine the TRUE COST OF OWNERSHIP. Whether you're considering buying a 2018 Lexus RX350, already own one, importing one from the United States, or simply want to know what it costs to maintain a premium SUV in Nigeria, this episode should give you a much clearer picture of what you're getting into. WHAT DOES IT REALLY COST TO OWN A 2018 LEXUS RX350? We break down the major expenses associated with owning this SUV, including: Purchase price Importation and clearing considerations Fuel consumption Monthly fuel expenses Routine servicing Engine oil and filters Transmission maintenance Brake pads and rotors Tyres Suspension components Battery Air-conditioning maintenance Wheel alignment and balancing Unexpected mechanical repairs Insurance Registration and documentation General running costs Resale value Depreciation And the costs that aren't obvious when you're buying the car The goal isn't simply to tell you whether the Lexus RX350 is reliable. The bigger question is: Can you actually afford to own one?
The True Cost of Owning this 50 Million Naira LEXUS RX350 In Nigeria | Maintenance, Fuel & Repairs
24 August 2026
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