Motorcycle-hailing operators in Nigeria’s biggest city may pay up to $503,000 annually to operate

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In Lagos, the state government and transport unions have reached an agreement with motorcycle-hailing operators.

Under the new agreement, the operators will pay a daily fee of ₦500 ($1.38) per bike by buying tickets. This fee comprises ₦400 ($1.10) to the unions and ₦100 ($0.28) to designated local government areas in the state.

And the transport unions also seem to have won as they will reportedly be in charge of selling these tickets.

This also seems to bring to an end the protracted negotiation battles on regulations between these entities.

Story Credit: Techpoint Africa.



Categories: News Updates

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