As Uber officially winds down its operations in Nigeria, a narrative has quickly taken hold across social media and public discourse: that the tech giant was finally chased out of the country by the Federal Airports Authority of Nigeria (FAAN) following their recent friction over airport pickup licenses.

This misses the entire point, and more importantly, it contradicts the facts.

When major industry stakeholders and corporate watchers spoke to BusinessDay following the announcement, a far more complex picture emerged; one rooted not in airport security gates, but in years of fundamental market friction, regulatory impasses, driver discontent, and shifting global capital allocations.

The truth is simple: FAAN did not drive Uber out. Uber left because the economics and governance of its Nigerian business model no longer aligned with its broader global strategy.

If there is any doubt about the cause of the exit, Uber itself has explicitly dispelled the rumour. In official communications, the company made it clear that the departure followed a broad review of its “evolving business priorities and investment focus across Africa.” Crucially, Uber stated that its decision had no connection whatsoever to FAAN’s directives concerning airport operations.