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Lagos agberos generate N123 billion annually – Report

Motorists groan as Lagos gridlock hits harder

PIC.4.TRAFFIC GRIDLOCK AT KETU, ON IKORODU ROAD, AFTER AN ACCIDENT WHICH INVOLVED A TRUCK AND THREE COMMERCIAL BUSES IN LAGOS ON FRIDAY (23/01/15). 450/23/01/2015/IYI/CH/AIN/NAN

BY EMEKA EJERE

Motor park touts popularly known as agberos in Lagos generate an estimated annual revenue of N123.078 billion amassed from daily road use taxes levied on bus drivers, tricycle riders and motorcycle operators in the state.

According to a recent research report by the International Centre for Investigative Reporting (ICIR), the total annual revenue from the three major modes of transport in Lagos state amounts to N123.078 billion.

The ICIR report, however, admitted that these figures may yet be underestimated as daily levies on the transporters are much higher in some parts of Lagos including Mushin, Isolo, Itire/Ikate among others.

Analysts say with this size of revenue, if Lagos agberos were to constitute themselves into a state, they would be richer than 35 Nigerian states, second only to their home base, Lagos state.

In 2020, Lagos State recorded the highest Internally Generated Revenue of N418.99 billion, accounting for 32.1% of the total, closely followed by Rivers State with N117.19 billion.

Other states with the highest IGR in 2020 include Abuja (N92.06 billion), Delta (N59.73 billion), Kaduna (N50.75 billion), Ogun (N50.75 billion), and Oyo State (N38.04 billion).

Below is an overview of the Lagos agbero revenue figures:

Levies on commercial buses (danfo)

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Levies on Tricycle operators (keke napep)

Levies on motorcycle operators (okada)

 

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