Uber Exit: Nigeria now ‘graveyard of businesses’ — ADC

The African Democratic Congress (ADC) described Uber's exit from Nigeria as evidence that the country is becoming a 'graveyard of businesses'. The party highlighted that the company's departure after 12 years contradicts the Federal Government's claims of economic progress, as operating costs rise and household purchasing power declines. The ADC also noted that at least 767 manufacturing companies, including global brands like GSK and Microsoft, have shut down or ceased operations.