Vanguard
By Olasunkanmi Akoni
As part of measures to curb the menace of touts on major highways, Lagos State Government on Tuesday announced the planned introduction of a consolidated N800 daily levy on the informal transport sector, scheduled to commence operation from February 1st, 2022.
Therefore, with regards to the N800 daily payment, each bus driver is expected to pay at least N288,000 annually into the state government’s coffers.
An independent group in 2021 had revealed following research that Lagos generated not less than N125 billion annually from the collection of levies from the transport sector.
Commissioner for Finance, Dr Rabiu Olowo, disclosed this on Tuesday, at an Inter-Ministerial press briefing in Alausa, Ikeja, on the planned introduction of the levy and public sensitization of affected members in the sector, mostly, National Union of Road Transport Union, NURTW.
The event, convened to announce the harmonization of the taxes paid by transporters to the state government, witnessed the signing of an agreement among parties.
