Categories: Business

Lagos unveils N800 consolidated transport levy for commercial drivers

Lagos State Government has signed an agreement for the collection of Informal Transport Sector Levy to harmonise dues collected by government from commercial motorists at parks and garages across the State.

The government signed the agreement with the National Union of Road Transport Workers, Road Transport Employers Association of Nigeria, and others on Tuesday.
The levy will see each commercial driver in the state pay a consolidated levy of N800 to be shared among government agencies and local governments.
The agencies to share the N800 collected are LAWMA, LIRS, LASEPA, Ministry of Transportation, local governments, among others.
With the levy, the LGs will not collect levy from commercial drivers anymore as their share has been inculcated in the N800 levy per day for a commercial driver.
All commercial bus drivers will now be issued tax cards by the Lagos Internal Revenue Service annually for paying the N800 daily and about N24,000 monthly.
The state Commissioner for Finance, Dr Rabiu Olowo, said at the signing of the agreement at the Bagauda Kaltho Press Centre, Alausa, Ikeja that the fee would cover money for not just the local government, but also that of clearing waste from the motor parks paid to LAWMA, and pollution due collected by LASEPA.
According to Olowo personal income taxes of the drivers would also be deducted from the levy.
“The consolidated transport levy will include the personal income tax of the drivers, include cost of taking care of parks, include money for Environmental Impact Assessment, EIA; LG money and others,” he said.
Olowo said the need to harmonise the transport collection levy process became paramount as other associations have template for collecting their dues.
He said from findings, a commercial bus driver pay as much as N3,000 as levy on daily basis to the various unions and government agencies, saying that has now been pegged at N800 per driver.
“We want to reduce the fees payable. The levy will consolidate all levies; we want to build a reliable data base to know those who are doing businesses in our state. Bus drivers will get tax card. We want to bring about collaborative effort. It is imperative for Lagosians to know this is a remarkable achievement. An average danfo driver pay N3,000 daily. Once they pay from the point of entry, that is all. It is N800 charge per day

Trends Admin

Recent Posts

Forcing naira to appreciate won’t work, Peterside tells FG

Forcing naira to appreciate won't work, Peterside tells FG Founder of Stanbic IBTC, Atedo Peterside,…

24 mins ago

Your pension funds safe, won’t be accessed illegally, FG tells workers

Your pension funds safe, won't be accessed illegally, FG tells workers Minister of Finance and…

3 hours ago

Cult war rages in Benue community, govt imposes curfew

Cult war rages in Benue community, govt imposes curfew A dusk-to-dawn curfew has been imposed on…

3 hours ago

Updated: Cameroonian, two Nigerians arrested over kidnapping

Updated: Cameroonian, two Nigerians arrested over kidnapping The police have arrested a Cameroonian and two…

3 hours ago

Using pre-registered SIM card may land you in jail, NCC warns

Using pre-registered SIM card may land you in jail, NCC warns The Nigerian Communications Commission, NCC, has…

4 hours ago

Six political parties plot against APC, meet in Kaduna

Six political parties plot against APC, meet in Kaduna Six political parties converged in Kaduna State on…

4 hours ago