Monday, April 27, 2026
  • About Us
  • Letter to the Editor
  • Data Usage Policy
  • Contact Us
MetroNews NG
  • Metro
  • Lagos
    • Opinion
    • Interview
    • Weird
  • World
  • Business
  • Sports
  • Nollywood
  • Odawood
  • Lifestyle
    • Careers
    • Education
    • Health
  • MetronewsNG TV
No Result
View All Result
MetroNews NG
No Result
View All Result

Lagos Traders Decry Multiple Levies, Allege Extortion In markets

metronews by metronews
November 8, 2023
in Business, News
0
Extortion

Traders at various markets in Lagos State, particularly Balogun Market in the Lagos Island Local Government Area of the state are lamenting the multiple levies they pay to the government, alleging extortion.

Speaking on Tuesday, some traders at the Balogun market claimed that they are compelled to pay N50,000 in six months, while others pay over N100,000 annually.

The traders also claimed that they pay N700 in taxes daily while stating that they will be forced to vacate their stalls if they fail to make the payment.

A trader at Balogun Market simply identified as Emmanuel claimed that traders pay more than N100,000 a year.

Emmanuel said “We pay N50,000 or N60,000 in six months we pay N100,000 or above yearly.”

Another trader identified as Iya Biliki claimed that the traders pay weekend taxes in addition to annual taxes.

She said “For me, per year they collect N50,000 and every Saturday and Sunday they collect N300 from traders. What they are doing is illegal but the thing is that we don’t have any other choice because we don’t have shops in the market.”

A trader at Ikeja market identified as Mummy Mercy said, “We pay to stay on the roadside. Even the hawkers pay money daily. Some of them pay N500 daily while some of them pay N200 daily. There is nothing free in Lagos. We traders that stay close to the rail tracks pay N400 daily.”

When contacted, the Chief Press Secretary to the State Governor, Gboyega Akosile, said “Although every working person must pay tax, whether petty trading or big stores.”

Tags: ExtortionTraders
Previous Post

Court Sentences Man To Two Years Imprisonment For Possessing Fake Dollars

Next Post

Customer Issues Fake Alert To Car Dealer, Absconds During Test Drive

Related Posts

Lagos Records 98% Compliance as Monthly Sanitation Exercise Returns After a Decade
News

Lagos Records 98% Compliance as Monthly Sanitation Exercise Returns After a Decade

April 26, 2026
NBA Raises Alarm Over “Neglected” Judiciary in Oyo, Decries Inactive Courts and Poor Funding
News

NBA Raises Alarm Over “Neglected” Judiciary in Oyo, Decries Inactive Courts and Poor Funding

April 26, 2026
FG Moves to Crash Airfare Pressure as Aviation Fuel Costs Soar, Grants Airlines 30% Debt Relief
News

FG Moves to Crash Airfare Pressure as Aviation Fuel Costs Soar, Grants Airlines 30% Debt Relief

April 26, 2026
Next Post
Fake Alert

Customer Issues Fake Alert To Car Dealer, Absconds During Test Drive

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • #SmartLagos
  • Accident
  • Aviation
  • Award
  • Banking
  • Basketball
  • Beauty
  • Boxing
  • Brands
  • Breaking
  • Business
  • Careers
  • Community development
  • Crime
  • Culture
  • Default
  • Domestic violence
  • Economy
  • Education
  • Empowerment
  • Entertainment
  • Environment
  • Event
  • Fashion
  • Featured
  • Finance
  • Football
  • Gaming
  • Gist
  • Golf
  • Health
  • Inspirational Patience
  • Interview
  • Investigative
  • Law
  • Lifestyle
  • local
  • MetroMan
  • MetroPerson
  • metroplus
  • MetroProfile
  • Movies
  • Music
  • MUSIC
  • New Music
  • News
  • nolly wood
  • Nollywood
  • Novels
  • Odawood
  • Oil&Gas
  • Opinion
  • Parenting
  • Photos
  • Politics
  • Press Release
  • Relationship
  • Religion
  • Scandal
  • Security
  • Sex
  • Society
  • Sports
  • Tech
  • Technology
  • Travel
  • TV
  • Videos
  • Weird
  • Wheels
  • World

BROWSE BY TOPICS

#COVID19Nigeria 2027 elections APC atiku Atiku Abubakar boko haram Bola Tinubu Buhari Bukola Saraki business CBN court COVID-19 crime davido ECOWAS Edo Election Edo State Election efcc Featured Federal Government FG INEC Kayode Fayemi Lagos Lagos State Muhammadu Buhari NCDC NDLEA news Nigeria Nigerian politics NLC Nollywood Obaseki ogun state PDP police politics President Buhari Sanwo Olu senate tinubu wike Yemi Osinbajo


Recent News

  • Lagos Records 98% Compliance as Monthly Sanitation Exercise Returns After a Decade
  • Arsenal Set Two Premier League Records After Narrow 1-0 Win Over Newcastle to Go Top
  • NBA Raises Alarm Over “Neglected” Judiciary in Oyo, Decries Inactive Courts and Poor Funding
  • About Us
  • Letter to the Editor
  • Data Usage Policy
  • Contact Us

© Copyright MetroNews NG 2020. All rights reserved.

No Result
View All Result
  • Metro
  • Lagos
    • Opinion
    • Interview
    • Weird
  • World
  • Business
  • Sports
  • Nollywood
  • Odawood
  • Lifestyle
    • Careers
    • Education
    • Health
  • MetronewsNG TV

© Copyright MetroNews NG 2020. All rights reserved.