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Oct 9, 20262 min read

Moove’s N35bn vehicle handover excites drivers’ union

Moove’s N35bn vehicle handover excites drivers’ union
Galaxy TV · Business desk · Lagos

The Amalgamated Union of App-Based Transporters of Nigeria (AUATON) has urged drivers and commuters to patronise indigenous ride-hailing platforms following Moove’s decision to transfer vehicles worth N35bn to eligible drivers as it winds down its Nigerian operations.

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The Amalgamated Union of App-Based Transporters of Nigeria (AUATON) has urged drivers and commuters to patronise indigenous ride-hailing platforms following Moove’s decision to transfer vehicles worth N35bn to eligible drivers as it winds down its Nigerian operations.

The union said the move demonstrated corporate responsibility and offered a model for how mobility companies should treat workers when exiting a market.

In a statement on Thursday, AUATON’s National Spokesperson, Jossy Adaraniwon, commended Moove and its Nigerian co-founders, Ladi Delano and Jide Odunsi, for transferring ownership of eligible vehicles and cancelling outstanding debts under the arrangement.

The union said the handover, which took effect from October 1, 2026, would enable eligible drivers to become full vehicle owners after years of meeting repayment obligations amid rising fuel costs and difficult economic conditions.

AUATON congratulated the beneficiaries, describing the development as an opportunity for drivers to gain financial independence and retain valuable assets.

The union, however, criticised what it described as the failure of other international operators to provide similar support to drivers when leaving Nigeria.

It cited Uber, alleging that the ride-hailing company ended its Nigerian operations last month without paying compensation or severance to drivers who had worked on its platform.

The union said the contrast highlighted the need for companies in the digital transport sector to prioritise the welfare of drivers whose labour supports their businesses.

AUATON also urged Nigerians to support locally developed platforms, arguing that indigenous businesses could retain more value within the economy and improve drivers’ earnings.

It specifically recommended SimpliRide, describing it as a Nigerian ride-hailing platform that uses subscription-based payment options rather than commission-based charges.

The union called on drivers and commuters to consider the ownership structure, operating models and treatment of workers when choosing ride-hailing services.

It also wished Moove and its teams success as the company concludes its Nigerian operations and pursues opportunities in other markets.

Moove, which launched in Nigeria in 2020, built its business around vehicle financing for mobility workers before expanding into other international markets.

The union said the vehicle transfer offered an example of how companies could protect workers’ interests while withdrawing from a market.

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Catherine Chinenye Igwe
Editor

Reporting for Galaxy TV from Lagos and Abuja, covering energy and national affairs across Nigeria and West Africa