The Lagos’ 10% Service Tax on Uber, Bolt, etc with up to N25 Million License Fee

Nigeria continues to innovate on revenue collection. From federal to state governments, if we have put the energies we have exerted on how to collect taxes and fees from citizens and companies, we would have advanced. The latest one is coming from the center of excellence, though nothing excellent on this playbook. Yes, Lagos will now collect 10% service tax on Uber, Bolt and all e-taxis. That is for Lagos. This new 10% does not substitute current fees and taxes! More so, “the law now mandates operators to acquire a provisional license at N10 million (about US$26,000) per 1,000 vehicles … Continue reading The Lagos’ 10% Service Tax on Uber, Bolt, etc with up to N25 Million License Fee