The Lagos State Council of the Amalgamated Union of the App-based Transporters of Nigeria (AUATON) has launched an…The Lagos State Council of the Amalgamated Union of the App-based Transporters of Nigeria (AUATON) has launched an…

Lagos AUATON launches N150k LED car roof ad board to increase drivers’ earnings

2025/12/02 19:55
4 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

The Lagos State Council of the Amalgamated Union of the App-based Transporters of Nigeria (AUATON) has launched an LED car roof advertising scheme for e-hailing drivers and fleet owners in the state.

The chairman of the council, Comrade Jaiyesimi Azeez, disclosed this in a chat with Technext.

Speaking about how the scheme would work, he explained that the cars of participating drivers will be fitted with sleek, high-tech LCD roof displays. The displays will carry advertisements and brand campaigns by various organisations and companies. And, drivers will be required to drive around the city with the displays.

According to the chairman, the purpose of the advert scheme is to enable drivers to maximise their earning opportunities, earn additional passive income and increase their savings, especially as they head into the busy and financially demanding Yuletide season.

Beyond the season, it is also an opportunity for drivers to achieve some degree of financial stability.

The LED car roof advert display is giving car owners the unique opportunity to turn their vehicles into income-generating assets. By allowing their cars to be fitted with an LCD roof branding display, they can earn between ₦70,000 and ₦150,000 monthly, all while driving their usual routes,” the chairman said.

e-Hailing drivers condemn Lagos tranport ministry's vehicle inspection planComrade Jaiyesimi Azeez

See also: Bolt says top drivers earn N1.6 million monthly amid calls for improved welfare

He explained that earnings will be flexible, largely depending on the amount of display time the driver provides, but not below ₦70,000, and not exceeding ₦150,000 monthly. He added that the participating drivers stand the opportunity to be part of a modern advertising network transforming Lagos mobility, thus making a citywide impact.

Your earnings will depend on the number of hours your car is actively displaying advertisements. Whether you’re a full-time driver or part-time operator, this is a simple way to increase your income stream without stress,” he said.

AUATON’s advert scheme and drivers’ concerns

Earnings have been a serious subject of contention for e-hailing drivers, with many complaining that they are simply not earning enough.

Consequently, drivers operating in cities across the country have taken matters into their own hands, increasing fares by sometimes over 50% over app prices to make a livable income.

In 2024, e-hailing operators in Abuja, under the banner of the Concerned Abuja Pilots, decided to set aside fare prices stipulated by app companies like Uber, Bolt and inDrive and incorporate their own fixed prices.

Per their new prices, for short trips, a fare of 450 naira per kilometre was approved and 400 naira per kilometre for long trips. This is way above the 150 naira per kilometre on Uber as of then.

More recently, operators in Rivers and Edo states, under the Nigerian e-hailing union, AUATON, hiked their fares by 50 per cent. According to them, the increase is intended to improve driver earnings amid dwindling income from the official ride-hailing apps.

Moove brutally scolds driver who picked rides on inDrive amid ride shortage on UberDrivers

App companies like Bolt and inDrive, however, insist drivers make enough money to live by. Bolt, on one hand, said top drivers on its platform earn upwards of ₦1,610,351 monthly average, while inDrive said its top-performing drivers earn over ₦1.2 million monthly.

Drivers were, however, quick to respond, insisting that only very few drivers manage to earn that much. Even those who do make that as their gross earning, and after factoring in operational costs like fuel, internet, repairsand several others, the net profit would not amount to much.

But beyond tussling over earnings, it appears the Lagos AUATON is trying to provide drivers with extra means of earning with its LED car top advert. It remains to be seen how well drivers adopt the new scheme.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

BlackRock Increases U.S. Stock Exposure Amid AI Surge

BlackRock Increases U.S. Stock Exposure Amid AI Surge

The post BlackRock Increases U.S. Stock Exposure Amid AI Surge appeared on BitcoinEthereumNews.com. Key Points: BlackRock significantly increased U.S. stock exposure. AI sector driven gains boost S&P 500 to historic highs. Shift may set a precedent for other major asset managers. BlackRock, the largest asset manager, significantly increased U.S. stock and AI sector exposure, adjusting its $185 billion investment portfolios, according to a recent investment outlook report.. This strategic shift signals strong confidence in U.S. market growth, driven by AI and anticipated Federal Reserve moves, influencing significant fund flows into BlackRock’s ETFs. The reallocation increases U.S. stocks by 2% while reducing holdings in international developed markets. BlackRock’s move reflects confidence in the U.S. stock market’s trajectory, driven by robust earnings and the anticipation of Federal Reserve rate cuts. As a result, billions of dollars have flowed into BlackRock’s ETFs following the portfolio adjustment. “Our increased allocation to U.S. stocks, particularly in the AI sector, is a testament to our confidence in the growth potential of these technologies.” — Larry Fink, CEO, BlackRock The financial markets have responded favorably to this adjustment. The S&P 500 Index recently reached a historic high this year, supported by AI-driven investment enthusiasm. BlackRock’s decision aligns with widespread market speculation on the Federal Reserve’s next moves, further amplifying investor interest and confidence. AI Surge Propels S&P 500 to Historic Highs At no other time in history has the S&P 500 seen such dramatic gains driven by a single sector as the recent surge spurred by AI investments in 2023. Experts suggest that the strategic increase in U.S. stock exposure by BlackRock may set a precedent for other major asset managers. Historically, shifts of this magnitude have influenced broader market behaviors as others follow suit. Market analysts point to the favorable economic environment and technological advancements that are propelling the AI sector’s momentum. The continued growth of AI technologies is…
Share
BitcoinEthereumNews2025/09/18 02:49
South Korea Party Moves to Scrap Crypto Tax Plan

South Korea Party Moves to Scrap Crypto Tax Plan

South Korea’s People Power Party (PPP) is taking a clear stand on crypto taxes. The party has now officially adopted a plan to scrap the country’s proposed crypto
Share
Coinfomania2026/03/25 15:00
Understanding Bitcoin Supply Constraints in 2026…

Understanding Bitcoin Supply Constraints in 2026…

Cryptsy - Latest Cryptocurrency News and Predictions Cryptsy - Latest Cryptocurrency News and Predictions - Experts in Crypto Casinos Of all the revolutionary
Share
Cryptsy2026/03/25 10:38