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, generates about N123.08bn annually which could service the annual budget of Nasarawa, Niger, and Yobe states put together, a statistical report by the International Centre for Investigative Report has shown.
The data which was released on Thursday showed that the money was realised through levies on passenger vehicles, motorcycles and tricycles only. Other sources of income not included in the report were money levied on hawkers, articulated vehicles, and persons who visited certain markets to buy goods.It showed that on a daily basis, N3000, N600, and N1800 were levied on buses, motorcycles, and tricycles respectively.
These levies sum up to N82.1bn for buses; N8.1bn for motorcycles and N32.9bn for tricycles yearly; making a total of N123.078bn yearly. Speaking on how the union could generate such money, a close associate of the NURTW who spoke to our correspondent on condition of anonymity, said, “It is a highly connected and well organised syndicate.work in the office, others work on the streets; some work in the morning, some are constantly on afternoon shifts.
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