Nigeria’s ride-hailing sector stands at a pivotal juncture. Projected to reach a market value of $477.10 million by 2029, with user numbers expected to hit 42.88 million, the industry is experiencing rapid growth fueled by urbanization, smartphone penetration, and the demand for efficient transportation options such as Uber, Bolt and Indrive. In response, the National Assembly has introduced the Ride-Hailing and Smart Mobility Bill, 2025.
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