Nigeria's Lagos State Government has reduced the operational license fee placed on ride-hailing companies operating in the state by 20%.
The decision was taken during a stakeholders’ meeting with the State Governor, Babajide Sanwo-Olu on Friday.
The Lagos State Government has reduced the operational license fee placed on ride-hailing companies operating in the state by 20%.
The decision was taken during a stakeholders’ meeting with the State Governor, Babajide Sanwo-Olu on Friday.
UPDATE: Today, The Lagos State Govt had a meeting with the E-Hailing Ride Stakeholders which was chaired by the Governor of Lagos State, Mr @jidesanwoolu at the Lagos House, Marina .. The Following resolutions were made which was agreed by ALL Parties: @Boltapp_ng @UberNigeria pic.twitter.com/WNrayVzpMG
— Gawat Jubril A. (@Mr_JAGss) August 14, 2020
Governor Sanwo-Olu’s media aide, Jubril Gawat, who disclosed the outcome of the meeting, also noted that it was attended by operators like Uber, Bolt, and BMP among others.
During the meeting with the Governor, all parties agreed to newer resolutions, which are:
- There must be comprehensive insurance cover which will cover drivers and passengers.
- A reduction of 20% on the operational licensing fees.
- A flat fee of N20 to be known as Road Improvement Fund which will be levied on each ride/trip.
- A 90-day compliance with documentation for the drivers – There will be a one-stop shop for all the documentation (especially LASSRA Card- Lagos State Resident Registration Agency.
- E- Hailing companies to work with various bodies in the business for a good relationship.
- There MUST be due diligence and background checks on all drivers.
- Riders should desist from offline trips and transactions.
- E-Hailing Firms must make necessary data available to the Govt.
Mr. Gawat also noted that media reports about operators being required to only use cars that are not more than 3 years are incorrect. Instead, the rule only applies to Corporate Cabs.
“This has nothing to do with the E Hailing business,” Gawat said.
On the requirements for sharing data, the Lagos state government said that data shared would be encrypted, and the personal information of ride sharers would not be disclosed.
“This will help Government clear up issues around congestion & also calculation for the charge paid to Government,” he added.
