A Memorandum of Understanding has been reportedly signed by the Lagos State Government and transportation stakeholders have to collect daily levies of N800 from commercial motorists at parks and garages in the state.
This was reportedly made known by the Commissioner for Finance, Dr Rabiu Olowo, on Tuesday while inaugurating the consolidated informal transport sector levy in Alausa, Ikeja.
According to him, “The N800 is a single structured collection of the monies payable to all government agencies and parties who are directly or indirectly associated with the transport sector.”
He added that, “What the government has done is to organise the collection and reduce the multiplicity of levies and all sorts of taxes, dues and monies due to government from the transport unions.”
He maintained that, “The consolidated informal transport sector levy which will take effect on February 1, 2022, will be paid to moderate the fees that motorists in the sector pay daily.”
The commissioner reportedly explained that the N800 levy not only covers money for the local government but also for clearing waste from motor parks paid to the Ministry of Transportation, Lagos State Waste Management Authority and Lagos State Environmental Protection Agency.
He also made it known that all stakeholders were consulted before the signing of the MoU.