Lagos State Government Charges Commercial Bus ₦292,000 Yearly, as Consolidated Informal Sector Transport Levy

The Lagos state government has signed an agreement called the Consolidated Informal Sector Transport Levy, which will task every commercial bus operating within its jurisdiction to pay a total sum of ₦292,000 annually to the state government. 


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This is besides the daily and regular ‘Agbero Charges’ paid by these commercial buses as they apply their different routes, they will now be expected to be paying ₦800 to the state government, ₦24,000 monthly and ₦292,000 yearly.

 
 
 

This comes after the state government signed an agreement with some local government and various transport unions and some government agencies.

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Dr. Rabiu Olowo, the state commissioner for finance disclosed this to newsmen, he also explained that the levy which is pegged at a flat rate of ₦800, covers monies for the local government,

 
 
 

clearing of waste from the motor parks, which was being paid to the Lagos State Waste Management Agency (LAWMA), and pollution dues which were collected by Lagos State Environmental Protection Agency (LASEPA).

 

Olowo added the personal income taxes will also be deducted from the daily ₦800 levy, and will commence with immediate effect, adding that the harmonized levy introduced by government does not affect tickets issued by the National Union of Road Transport Workers (NURTW).

 
 
 

Also Read:  Organizers Postpones 2022 GRAMMY Awards due to Increased COVID-19 Infections

 
 
 
 

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