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Uber, Bolt & Others May soon start Paying Millions to Lagos State

BellaNaija.com

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Barely a month after the implementation of the ban/restriction on commercial motorcycles, including bike-hailing startups, Lagos State has begun to clamp down on taxi-hailing companies.

In a move that may compound trouble for commuters in Nigeria’s most populated city, the Lagos State government is reportedly working on a new regulatory framework for ride-sharing companies. According to a report by The Guardian, amidst negotiations between Lagos and ride-hailing operators, the new regulations will mandate third-party operators like Uber and Bolt to pay ₦10 million naira and an annual renewal fee of ₦5 million if they have less than 1000 drivers.

What this means:

  • Third-party operators that have more than 1000 drivers will pay ₦25 million licensing fee and ₦10 million annual renewal fee.
  • Operators who directly own their cars and employ their drivers will pay only the license fee of ₦5 million if such operators have below 50 drivers.
  • Those who have more than 50 drivers will pay ₦10 million for the operating license.
  • Under the new regulation, the state government will also earn 10% on the fee of each trip
  • Under the new regulations, drivers on ride-hailing platforms are required to have LASDRI card and a driver badge issued by the Department of Public Transport and Commuter Services of the Ministry of Transport.

Nothing has been said on the part of the ride-hailing companies, but this will no doubt have an effect on the end users who have to get around Lagos.

2 Comments

  1. Kola

    March 3, 2020 at 8:56 am

    The government does not understand how this things work uber can block you anytime so what will happen to the badge and the car tag after being blocked?

    • Oladimeji olalekan

      March 3, 2020 at 7:49 pm

      This step by Lagos state government is to add to the problem of the masses who uses this platform and the driver will also suffer the consequence but let government have a rethink at least the hackney permit introduce is part of way to generate fund to the government please don’t overload the poor

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