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‘Agberos’ in Lagos generate N123bn annually – Report

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Motor park touts popularly known as agberos in Lagos State generate an estimated annual revenue of N123.078 billion.

This revenue is amassed from daily road use taxes levied on bus drivers, tricycle riders, and motorcycle operators.

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.

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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, Business Hallmark reports.

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.

Below is an overview of the Lagos agbero revenue figures:

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Levies on commercial buses (danfo)

Each commercial vehicle driver pays at least N3,000 to Agberos as ticket fee.
There are an estimated 75,000 commercial buses operating in Lagos, according to the Lagos Metropolitan Area Transport Authority (LAMATA).
Estimated daily total collection: N225 million
Estimated monthly total collection: N6.75 billion
Estimated yearly total collection: N82.125 billion

Levies on Tricycle operators (keke napep)

Each keke napep rider pays at least N1,800 to Agberos per day.
There are an estimated 50,000 tricycles operating in Lagos, according to Techcabal.
Estimated daily total collection: N90 million
Estimated monthly total collection: N2.7 billion
Estimated yearly total collection: N32.85 billion

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Levies on motorcycle operators (okada)

Each okada rider pays at least N600 to Agberos per day.
There are an estimated 37,000 okada riders operating in Lagos, according to the Motorcycle Operators Association of Lagos State (MOALS).
Estimated daily total collection: N22.2 million
Estimated monthly total collection: N666 million
Estimated yearly total collection: N8.103 billion

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