The Editorials

The Federal Government has revealed plan to continue payment of subsidy on petrol till end of 2022, rescinding its earlier decision to suspend payment of subsidy on PMS by June 2022.   Zainab Ahmed, Minister of Finance, Budgets and National Planning  made this known on Monday while briefing the leadership of the Senate at the conference room of the Senate President, on the circumstances that led to the suspension of the six months subsidy removal plan. According to her, “The F ederal Government made provisions for subsidy in the 2022 budget from January to June this year. She said all payments on fuel subsidy ordinarily would cease as from July, 2022. The Finance Minister further observed that in view of the timing which is “problematic”, the Federal decided to suspend its plan to go ahead with the removal of subsidy on petroleum products in July, particularly against the backdrop of outcomes from ongoing consultations. She revealed  that the Federal Government is presently exploring a

  The Lagos State Governor, Babajide Sanwoolu has approved the document for the collection of N800 as Informal Transport Sector harmonised levy to be collected by government tax officers from commercial motorists at parks and garages across the State. The Governor on Tuesday  signed the agreement with the National Union of Road Transport Workers, NURTW, Road Transport Employers Association of Nigeria, RTEAN, and other commercial transporters operators. The levy according to the Governor mandates commercial driver operating in the state to pay a consolidated levy of N800 which will be shared among government agencies and local governments. Based on the agreement the government agencies expected to share the N800 collected are LAWMA, LIRS, LASEPA, Ministry of Transportation, Local Governments, among others relevant agencies. Tax officers working for LGs  are therefore urged not collect levy from commercial drivers anymore as their share has been included in the N800 levy per day for a co