Uber, Bolt customers to pay more as Lagos introduces new taxes

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Customers are set to pay more for ride-hailing services such as Uber and Bolt due to a new regulation being introduced by the Lagos State Government.

This comes barely weeks after the Babajide Sanwo-Olu administration increased LAGBUS fares by 46 per centThis is according to a document titled, ‘Guidelines for Online Hailing Business Operation of Taxi in Lagos State 2020’ issued by the Lagos State Ministry of Transportation.

“All operators of e-hailing taxi service must pay the state government 10 per cent service tax on each transaction paid by passengers to the operators,” the document partly read. “While operators kick against this provision, if it goes ahead to be implemented on August 20, the real losers will be the customers. Uber and Bolt will pass this 10 per cent cost along to end-users, making cab fares more expensive,” according toThe state government also makes it compulsory for all ride-hailing services to make their database accessible to the government.

 

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