EXCLUSIVE: PAYTECH: Lagos tertiary schools finally accept controversial revenue collector imposed by Sanwo-Olu
Payment Technology Limited (PAYTECH) will take seven per cent of the schools revenues as consultation fee. 5 min read
Lagos State Governor Babajide Sanwo-Olu has crushed opposition to the imposition of a revenue collector, Payment Technology Limited (PAYTECH), on the state’s tertiary institutions as the schools have all enrolled on the platform.
But the company will now take only seven per cent of the schools’ revenues as commission, instead of the 10 per cent it demanded. The agreement has been signed by the schools in spite of the