Lagos govt slashes bus fares by 50 per cent

Babajide Sanwo-Olu, the governor of Lagos State, has reduced bus rates by 50% to lessen the impact of the elimination of fuel subsidies.

This was disclosed by Mr. Sanwo-Olu on Monday in a video that his media assistant Jubril Gawat posted on Twitter.

On Wednesday, the reduced bus fares go into effect.

Immediately following his inauguration on May 29, President Bola Tinubu announced the elimination of the fuel subsidy. Petrol prices increased nationwide by a factor of three as a result of the decision.

Many Nigerians have been negatively impacted by the change, and transportation costs have skyrocketed.

“Immediately from Wednesday, all public transportation that are being controlled by LAMATA …will be plying all the routes of Lagos at 50 per cent discount,” the governor said.

“And all commuters will start enjoying a 50 per cent rebate on the current transport fare currently being charged on all of these buses and it will start immediately on Wednesday.”

The governor explained that the reduction cannot take effect on Tuesday “because we need to do a lot of configuration and they need to do all of their validation so that that can happen from Wednesday. Decision has been taken and has been communicated with them.”

Source