Connect with us

    Hi, what are you looking for?

    News

    Lagos Govt. Introduces N800 Harmonised Levy for Transporters

    The Lagos State Government and transportation stakeholders on Tuesday introduced and signed a consolidated levy of N800 for the informal transport sector.

    Speaking at the signing ceremony and ticket unveiling at Ikeja, the Commissioner for Finance, Dr Rabiu Olowo, said that there was need for the harmonised levy.

    Olowo said the harmonisation was necessary in order not to over-burden transporters with exorbitant levies.

    He said that the state government carried out a survey six months ago, hence, realised that an average transporter paid N3,000 daily as levies.

    According to him, most of the monies the transporters pay is lost to unknown agents, therefore, the need to regulate the levies and sanitise the informal transportation sector.

    Olowo said that the consolidated N800 levy, which would take effect from Feb. 1, was a phased approach to ensure the transport sector reform.

    He added that the reform would help to get a comprehensive database of transporters for better planning.

    Olowo said that the consolidated levy was an agreement by the Lagos State Government, local government, bodies of the road transport union (National Union of Road Transport Workers – NUTRW and Road Transport Employers Association of Nigeria – RTEAN ) and other parties in the MDAs.

    The commissioner said that the benefits of the consolidated levy included harmonised collection process by putting a structure in place, reduce multiple taxes, dues and levies by all agents of state and local governments.

    He said the harmonised levy would eradicate harassment of bus drivers and ensure collaborative engagements among stakeholders.

    In his remarks, the Chairman, NURTW, Alhaji Musiliu Akinsanya, said that NURTW and RTEAN were in agreement with policies that would ensure the development of Lagos State.

    Akinsanya, however, said that the N800 consolidated levy would not deprive the union from collecting its normal statutory levy.

    NAN

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    ad

    You May Also Like

    News

    Economic and Financial Crimes Commission (EFCC) has arrested Tunde Ayeni, former chairman of defunct Skye Bank Plc, in Abuja on Thursday, April 23, over...

    News

    President Bola Tinubu has formally requested Senate approval for a $516,333,070 loan from Deutsche Bank to fund the construction of the 1,000-kilometre Sokoto-Badagry Super...

    News

    Operatives of the EFCC’s Lagos Zonal Directorate 2 have arrested Cameroonian businessman Bekono Marc Eric, 47, for allegedly defrauding a first-generation bank of ₦1.5...

    News

    Nigerian Communications Commission (NCC) has inaugurated the Nigeria IPv6 Council to accelerate the country’s transition to the next generation of internet protocol. Speaking at...