From August 20, Online car hailing business (Uber, Bolt etc) must pay Lagos state a fee of NGN 10 million for every 1,000 cars. Annual renewal fee is NGN 5 million.

10% of EVERY transaction paid by every passenger will be collected by Lagos state as service tax.

IT GETS WORSE!!
The Companies must give Lagos state access to your Data and their entire database (section 4.2 of Guidelines).

The companies will push the 10% service tax to customers so the price of trips will increase.

These companies must still pay company income tax by the way.
It would also appear Lagos State mandating that companies share their customer data/database is consistent with @NITDANigeria 2019 National Data Protection Regulations (NDPR) & global practices on data protection and privacy.
The Guidelines also doesn’t touch on Drivers’ welfare or benefits, which has been the focus on most similar guidelines globally.

See thread: https://twitter.com/adetolaov/status/1285159126004375552?s=21 https://twitter.com/adetolaov/status/1285159126004375552
Thanks to @Techpointdotng , You can read the text of the Guidelines for online hailing business operation of taxi in Lagos state 2020 here: https://techpoint.africa/wp-content/uploads/2020/08/e-taxi-operation-guideline-converted-new.docx.docx.docx
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