Riding Bolt in Nigeria: When the Math Stops Adding Up

I recently spoke to a fellow Bolt driver who admitted he’s working just to cover fuel and the platform’s cut. When I ran the numbers, it’s worrying. At ₦1,340 per litre, one litre delivers about ₦2,500 in fares. Bolt takes 25%, leaving ₦1,875. After fuel you’re down to ₦535. That barely scratches maintenance, tyres, repairs and accident risk, leaving as little as ₦50 profit—or a loss. We’re seeing more cancellations, off-app trips and parked cars. Fuel and parts costs have climbed, yet platform pricing hasn’t budged. Is driving Bolt still truly profitable? Share your daily figures and ideas. With solid data, we can push for fairer fares, better insurance and consistent incentives.

Use The App To Win ₦1m

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