Outcry from traders in Lagos State, particularly those at Balogun Market in the Lagos Island Local Government Area, concerns have been raised regarding the burdensome levies imposed by the government, with accusations of extortion.
In an interview with reporters, traders at Balogun Market revealed that they are subject to exorbitant payments, which have left many struggling to sustain their businesses. Some traders disclosed that they are forced to part with N50,000 every six months, while others are reportedly paying upwards of N100,000 annually.
Additionally, the traders claimed to be burdened with daily tax payments of N700, and they fear eviction from their stalls if they fail to meet these obligations.
Emmanuel, a trader at Balogun Market, stated, “We pay N50,000 or N60,000 in six months, and N100,000 or more annually.”
Iya Biliki, another trader, alleged that they are also required to pay weekend taxes on top of their annual fees. She lamented, “For me, they collect N50,000 per year, and every Saturday and Sunday, they charge traders N300. What they are doing is illegal, but we don’t have any other choice because we don’t have shops in the market.”
The grievances extend beyond Balogun Market, with traders at Ikeja Market voicing their concerns. Mummy Mercy, a trader at Ikeja Market, revealed, “We pay to stay on the roadside. Even hawkers are subjected to daily payments. Some pay N500 daily, while others pay N200 daily. There is nothing free in Lagos. Traders located near the rail tracks are charged N400 daily.”
In response to these allegations, the Chief Press Secretary to the State Governor, Gboyega Akosile, stated, “Although every working person must pay tax, whether petty trading or big stores.” The traders’ complaints highlight an ongoing issue that continues to impact businesses in Lagos State, sparking discussions about the fairness and transparency of these levies.
