Uber and Bolt are set to face expensive ride-hailing regulation in Africa’s largest city

Ride-hailing companies operating in Lagos will soon face a new set of regulatory road bumps. Back in 2016, the Lagos state government first attempted to regulate ride-hailing startups by requiring taxi companies register each operator with the state at the cost of $320 per car. The state is set to introduce a new range of regulatory guidelines for ride-hailing including annually renewable licensing fees and a service tax on “each transaction paid by passengers.”