A new transport levy has actually been presented by the Lagos State federal government.

According to Sahara Reporters, business bus operators in Lagos will now pay N292,000 yearly fee to the state federal government under a brand-new Consolidated Informal Sector Transport Levy.

The brand-new levy by federal government is aside tickets released by the National Union of Road Transport Workers throughout the state.

The move is created to harmonise charges collected by federal government from commercial drivers at garages and parks.

Commissioner for Finance in the state, Dr Rabiu Olowo, asserted that the levy pegged at a flat rate of N800, covered cash for city government, clearing of waste from the motor parks, which was being paid to the Lagos State Waste Management Agency, and contamination, dues which were collected by Lagos State Environmental Protection Agency, among others.

“Personal income taxes of the chauffeurs will also be deducted from the N800 levy which commences with instant result,” Olowo stated.

According to the report, each commercial bus motorist was expected to pay N800 daily, which builds up into N24,000 regular monthly and N292,000 in a year with this harmonised levy.

Confirming the advancement, Chairman of Lagos State Chapter of NURTW, Alhaji Musiliu Akinsanya, widely called ‘MC Oluomo,’ who kept in mind that the union in cooperation with the Road Transport Workers Union had actually approached the state government to consolidate the costs gathered by different LGAs and companies to make collection simpler for federal government.

MC Oluomo described that the brand-new advancement affects just federal government levies but has nothing to do with the union fees charged.

Unique Adviser to Governor Babajide Sanwo-Olu on Transportation, Mr Toyin Fayinka, stated that the development was the phase one method towards overall restructuring of the transport sector; saying it is anticipated to bring sanity to motor parks in line with finest practices globally.

He discussed that money gathered as levies prior to now were lost to unknown agents.

Worrying that research had actually shown that a typical business bus paid a minimum of N3,000 as due daily while some buses paid as high as N8,000 to N9,000.

“The brand-new development is a kind of earnings assurance, that would have a strong implication on reduction of levies paid by bus chauffeurs at various points/parks before now.

“It will considerably minimize the suffering of the people as it is expected to decrease the cost of road transport,” he included.

ToriNG