Categories
AFNewsNG Logo
National News Special Report

Why Each Lagos Commercial Bus will Pay N292,000 Annually Aside 'Agbero' Charges

Thompson Nsisongabasi

Jan 18, 2022

mail
According to Olowo, personal income taxes of the drivers will also be deducted from the N800 levy which commences with immediate effect.

READ ALSO: JUST IN: Panic as Anambra monarchs undergo COVID-19 test | READ DETAILS

With this harmonised levy, each commercial bus driver is expected to pay N800 daily, which accumulates into N24,000 monthly and N292,000 in a year.

READ ALSO: Tinubu Breaks Silence on Hardship, Inflation, Power Crisis - Vows Nigeria Will Overcome Economic Storm

He clarified that the new development affects only government levies but has nothing to do with the union dues charged.

READ ALSO: "Terrorists Have Outgunned Our TroopsÔÇØ - Ndume Raises Alarm Over Boko Haram War, Sends Urgent Message To Tinubu

The Finance Commissioner admitted that bulk of monies collected as levies before now are lost to unknown agents.

READ ALSO: Sowore's Miscalculation and the Need to beat a Wise Retreat

While he described the new development as a form of revenue assurance, he assured that it would have a strong implication on reduction of levies paid by bus drivers at different points/parks before now.

Related Stories

""

— Thompson Nsisongabasi

Join the Conversation

Signed in as Member