Tuesday 18 January 2022



Lagos Commercial Bus Operators To Pay N292,000 Annually Fee To State Government

TonyGists App 3 Out Now. Download from Play store
https://play.google.com/store/apps/details?id=com.TonyGists.TonyGistsapp
The new levy by government is aside tickets issued by the National Union of Road Transport Workers across the state.

 

 
A new transport levy has been introduced by the Lagos State government.
 
According to Sahara Reporters, commercial bus operators in Lagos will now pay N292,000 annual fee to the state government under a new Consolidated Informal Sector Transport Levy.
 
The new levy by government is aside tickets issued by the National Union of Road Transport Workers across the state.
 
The move is designed to harmonise dues collected by government from commercial motorists at parks and garages.
 
Commissioner for Finance in the state, Dr Rabiu Olowo, asserted that the levy pegged at a flat rate of N800, covered monies for local government, clearing of waste from the motor parks, which was being paid to the Lagos State Waste Management Agency, and pollution, dues which were collected by Lagos State Environmental Protection Agency, among others.
 
"Personal income taxes of the drivers will also be deducted from the N800 levy which commences with immediate effect," Olowo said.
 
According to the report, each commercial bus driver was expected to pay N800 daily, which accumulates into N24,000 monthly and N292,000 in a year with this harmonised levy.
 
Confirming the development, Chairman of Lagos State Chapter of NURTW, Alhaji Musiliu Akinsanya, popularly known as ‘MC Oluomo,’  who noted that the union in collaboration with the Road Transport Workers Union had approached the state government to consolidate the fees collected by different LGAs and agencies to make collection easier for government.
 
MC Oluomo explained that the new development affects only government levies but has nothing to do with the union dues charged.
 
However, Special Adviser to Governor Babajide Sanwo-Olu on Transportation, Mr Toyin Fayinka, said that the development was the phase one approach towards total restructuring of the transport sector; saying it is expected to bring sanity to motor parks in line with best practices globally.
 
He explained that money collected as levies before now were lost to unknown agents. 
 
Stressing that research had shown that an average commercial bus paid at least N3,000 as due per day while some buses paid as high as N8,000 to N9,000.
 
"The new development is a form of revenue assurance, that would have a strong implication on reduction of levies paid by bus drivers at different points/parks before now.
 
"It will drastically reduce the suffering of the people as it is expected to reduce the cost of road transportation," he added.
 




Are You On youtube? subscribe to Hot GIST Channel Latest Updates - @Hot Gist

Are You On youtube? subscribe to Gospel World (which is also owned by Tony Gists) youtube Channel Latest Updates - @Gospel world

Are you on audio mack? Follow Tonygists on audio mack to listen and download to the latest Mfm sermons Latest Updates - @Tonygists

Follow Tonygists on LinkedIn to get more jobs opportunities Latest Updates - @Tonygists

Are You On youtube? subscribe to Honest Ose Channel Latest Updates - @Honest Ose

Are You On youtube? subscribe to Honest Web Solutions Channel Latest Updates - @Honest Web Solutions

Are You On youtube? subscribe to Xtremely Honest Channel Latest Updates - @Xtremely Honest

Are You On Twitter? Follow Us Now For Latest Updates - @tonygists

Are You On FACEBOOK? Like Our Page For Latest Updates - tonygists

Are You On FACEBOOK? Join Our Group For Latest Updates And Interactions - TonyGists


© 2024 Tonygists | Portions are © 2024 Associated Press. All rights reserved. This material may be published, broadcast, rewritten, or distributed.

Share This Post Via

Related Posts

Previous
Next Post »


Reliance Training and Management Consulting, a dynamic, fast growing indigenous entity, was established and duly registered with the aim to nurture, develop and innovate people and organisations through customized training, development and management consulting services, with excellent performance, deep sense of commitment, transparency, honesty and responsibility, to demonstrate the highest standard of technical and operational expertise.
 


 
Reliance is competently positioned to provide technical knowledge and skills relevant to practical management and business problems, to stimulate the creativity and innovation necessary to build a better community, a better nation and a better world with a committed mind set to contributing our best to the maximization of personal potentials and skills toward optimizing productivity and achieving organisational goals.
 
for more information click RELIANCE TRAINING AND MANAGEMENT CONSULTING

Ads