JUST IN: LAGOS STATE SLASHES BUS FARES BY 50%

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By Aishat Momoh. O.

The Lagos State Government has reduced the cost of transportation for all state-owned transportation networks by 50% in an effort to mitigate the consequences of the loss of fuel subsidies.

The state’s vulnerable citizens would also get food distribution from the government.

Governor Babajide Sanwo-Olu emphasized that the state government is working toward implementing these palliatives to minimize the suffering that the withdrawal of subsidies has caused the population during a press conference on Monday at the Lagos House, Ikeja.

The governor stated that starting on Wednesday, August 2, 2023, the government will cut transportation prices by 50%.

He added that modalities have also been put in place by the informal transportation sector, especially the yellow buses, to slash their charges by 25 per cent.

“We’ve had extensive conversations with all of the stakeholders in our transport system, both formal and informal modes of transportation, and we have come to a conclusion, which the state government will be supporting.

“Immediately from Wednesday, all public transportations that are being controlled by LAMATA, all of the high capacity buses, will be plying all the routes of Lagos at 50 per cent discount, and all commuters that will be plying these routes will start enjoying a 50 per cent rebate on the transport fares that are currently being charged on all of these routes,” the governor said.

He added, “For the informal buses, they are also going to make a pronouncement today, and I can say to you that we have agreed with them that they will be doing about 25 per cent reduction on their buses — all of the yellow buses that we have on the streets.”

Sanwo-Olu also said more staff buses had been procured for workers of the state civil service to make commuting to and from work easier for them.