Lagos NURTW generates N123bn annually – Report - Punch Newspapers

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, 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.

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.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.work in the office, others work on the streets; some work in the morning, some are constantly on afternoon shifts.

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That money is enough to even build a refinery, construct good roads, modernized public schools

These guys seems to earn more than the Nigerian doctors abroad

Imagine a tout that is not a graduate MC Oluomo the amount that will be his own cut out of this money

500m I mean

This is far from being correct !! Lagos sate NURTW generates more than 500b daily

… and handed a chunk of it to the head of Fulani govt of Buhari and his JagaBandit friends … shey?

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