The House of Representatives has resolved to set up an Ad-hoc Committee to investigate the level of compliance of all Information and Communication Technology (ICT) aided Transport Companies with the country’s extant Tax Laws.
The committee is to investigate companies like Bolt and Uber that offer technology based services and report back within four (4) weeks for further legislative action.
The House resolved to set up the committee after the adoption of a motion moved by Ganiyu Abiodun Johnson (APC, Lagos) at the plenary on Thursday.
Presenting the motion, he said, that many transportation activities now occur through online booking and payments which make the ordering of the services easier and efficient.
He said: “The average weekly earnings of Bolt and Uber drivers are about 60,000 to 120,000 while the companies take off 20% and 25% respectively as commission from the earnings of each driver operating on their platforms.
“The companies have benefited from facilities of the Federal Government such as road and security network which grants them ease of doing business, thus they ought to be fully accountable and up to date in tax remittances.
“As corporate identities, it is not clear whether the companies are fully compliant with the requirements of the Companies and Allied Matters Act, considering that the services are made online”
According to him, ICT has had significant impacts on the way organizations operate, as it offers tremendous opportunities such as storing, processing, retrieving, disseminating and sharing of information.
He added that, ICT has made transportation business very accessible, cheaper and lucrative especially in the urban areas and created many job opportunities for unemployed persons.
He said, it enabled companies such as Bolt and Uber to provide comfortable services to people and their services have spread across the country.
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