Jomog
  • Home
  • About Us
  • News
  • Politics
  • Entertainment
  • Health
  • Sports
  • Gist
  • Contact Us
No Result
View All Result
Jomog
No Result
View All Result
Home News

How Lagos NURTW Generates N123bn Annual Revenue In Lagos – Report

by Editor
July 23, 2021
Share on FacebookShare on TwitterShare on Whatsapp

The Lagos chapter of the National Union of Road Transport Workers,(NURTW) locally called agberos, generates about N123.08bn annually which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a statistical report by the International Centre for Investigative Report has shown.

RELATED POSTS

Oyo School Abductees Held In Old Oyo National Park – Gov. Makinde Discloses

No Mercy For Criminal Backers, Tinubu Vows In Democracy Day Broadcast

June 12: Tinubu Awards National Honours To Alake, Omatseye, Otitoju, 47 Others

The data which was released on Thursday showed that the money was realised through levies on passenger vehicles, motorcycles and tricycles only.

Other sources of income not included in the report were money levied on hawkers, articulated vehicles, and persons who visited certain markets to buy goods.

The report recorded a total of 75,000 buses; 50,000 tricycles; and 37,000 motorcycles.
It showed that on a daily basis, N3000, N600, and N1800 were levied on buses, motorcycles, and tricycles respectively.

These levies sum up to N82.1bn for buses; N8.1bn for motorcycles and N32.9bn for tricycles yearly; making a total of N123.078bn yearly.

Speaking on how the union could generate such money, a close associate of the NURTW who spoke to our correspondent on condition of anonymity, said, “It is a highly connected and well organised syndicate.

“Take Idumota, for example; some agberos work in the office, others work on the streets; some work in the morning, some are constantly on afternoon shifts.

“Some also have days that they work. Although, there is a fixed price, but the rule of the game is that the agberos charge the drivers based on the amount he charged the passengers.”

He added that in Idumota, there were over seven chairmen who get deliveries from the boys that work on the streets. “The boys have delivery targets which is the reason why they act rudely to the drivers and passengers alike,” he added.

He narrated further that to work with them, one must know one chairman or another renowned hoodlum on the street.

He mentioned the case of a young man who went to Badagry to get diabolic fortifications so that he could be effective on the job.

A passenger, Emmanuel Francis, expressed concerns over the activities of NURTW members.

He urged the Federal Government to regulate their activities.

When contacted, a spokesperson for the Lagos Internal Revenue Service, Monsurat Amasa, said she could not comment on the amount the NURTW generated but added that as a part of the informal sector, the body paid taxes to the government.

 

Related Posts

News

Oyo School Abductees Held In Old Oyo National Park – Gov. Makinde Discloses

Ondo Poll: Tinubu Calls For Peaceful Exercise, Commends INEC’s Preparedness
News

No Mercy For Criminal Backers, Tinubu Vows In Democracy Day Broadcast

June 12: Tinubu Awards National Honours To Alake, Omatseye, Otitoju, 47 Others
News

June 12: Tinubu Awards National Honours To Alake, Omatseye, Otitoju, 47 Others

Just In: Nollywood Legend & Academic Icon Professor Kola Oyewo Takes Final Bow at 80
Entertainment

Just In: Nollywood Legend & Academic Icon Professor Kola Oyewo Takes Final Bow at 80

Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum
News

Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum

Ebola Alert: Lagos Mandates Strict Hygiene Upgrades for Hotels, Clubs
News

Ebola Alert: Lagos Mandates Strict Hygiene Upgrades for Hotels, Clubs

Next Post
Beninese Passport: Igboho May Risk 21 Years Imprisonment In Benin If Convicted (Video)

Beninese Passport: Igboho May Risk 21 Years Imprisonment In Benin If Convicted (Video)

How Interpol Arrested Sunday Igboho, Wife In Cotonou – Lawyer

Just In: Sunday Igboho Never Caught With ‘Fake’ Passport- Lawyer Reacts

More Reports

Ondo Poll: Tinubu Calls For Peaceful Exercise, Commends INEC’s Preparedness

No Mercy For Criminal Backers, Tinubu Vows In Democracy Day Broadcast

June 12: Tinubu Awards National Honours To Alake, Omatseye, Otitoju, 47 Others

June 12: Tinubu Awards National Honours To Alake, Omatseye, Otitoju, 47 Others

Access Holdings Reaffirms Long-Term Value Strategy At 4th AGM

Access Holdings Reaffirms Long-Term Value Strategy At 4th AGM

Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum

Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum

Ebola Alert: Lagos Mandates Strict Hygiene Upgrades for Hotels, Clubs

Ebola Alert: Lagos Mandates Strict Hygiene Upgrades for Hotels, Clubs

Senate Leader Pushes Single Six-Year Term for President, Governors

Senate Leader Pushes Single Six-Year Term for President, Governors

State Police Bill To Be Passed This Week – Senate Leader

State Police Bill To Be Passed This Week – Senate Leader

© Jomog.com.ng

No Result
View All Result
  • Home
  • About Us
  • News
  • Politics
  • Entertainment
  • Health
  • Sports
  • Gist
  • Contact Us

© Jomog.com.ng