Home | News | Lagos regulations on Bolt, Uber, taxis effective August 20 [Full details]
Nigerian Newspapers: 10 things you need to know this Wednesday morning
Coronavirus claims life of Lagos LG chairman, Oke

Lagos regulations on Bolt, Uber, taxis effective August 20 [Full details]





The Lagos State Government regulations for ride-hailing services such as Bolt and Uber will take effect on August 20.

Companies with less than 1,000 drivers are to pay a N10million licence fee, while those with more than 1,000 drivers are to pay N25 million.

Annual renewal for those with more than 1,000 drivers have been fixed for N10million, and N5million for those with less.

Also, taxi operators with 50 cabs or less are to pay N5million for licence, while those more than 50 cabs are to pay N10million.

Renewals have been fixed at N1.5million and N3milliom respectively.

All renewals must be processed three months before the expiration of the existing licence.

All e-hailing companies services must pay to Lagos, 10 percent service tax on each transaction paid by passengers.

They have been ordered yo hold quarterly meetings with the Ministry of Transportation for operational updates and feedback.

They must give the supervising ministry access to their database

All taxi cabs must undergo an inspection in line with the State’s Road Traffic Law.

The vehicles must be brand new or be in use not more than three years.

They must have a completed, signed, and dated safety features compliance form prescribed by the government.

Each taxi cab must be equipped with a taximeter approved by the ministry

Click to view/download full Lagos guidelines on ride-hailing operations

CLICK HERE TO READ MORE FROM: News Visit website



Loading...

view more articles

About Article Author

Chuka (Webby) Aniemeka
Chuka (Webby) Aniemeka

Chuka is an experienced certified web developer with an extensive background in computer science and 18+ years in web design &development. His previous experience ranges from redesigning existing website to solving complex technical problems with object-oriented programming. Very experienced with Microsoft SQL Server, PHP and advanced JavaScript. He loves to travel and watch movies.

View More Articles

100 Most Popular News

1 2 Displaying 1 - 100 of 127