LAGOS ENDS 25% TRANSPORT FARE DISCOUNT, TO RESUME REGULAR RATES BY JUNE 3
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The Lagos State Government, through the Lagos Metropolitan Area Transport Authority (LAMATA), has announced that the 25% discount on transport fares across the Lagos State Public Transport System will end on Sunday, June 2, 2024.
The 25% transport fare discount came as a palliative measure that was introduced in response to the removal of the fuel subsidy.
LAMATA, in a circular issued on Saturday, informed the public of the discontinuation of the 25% transport fare discount.
It reads, “The 25% fare rebate on regulated public transport buses, ferries, and train services ends on Sunday, June 2nd, 2024.
“From Monday, 3rd June 2024, transport fare on all regulated transport services in the state will return to its original fare of 100%.
“Governor Babajide Sanwo-Olu, last February 23rd, announced a 25% rebate, extending the six-month 50% rebate that began on July 31, 2023, to mitigate the impact of the fuel subsidy removal.
“The rebate in regulated public transport system fares has resulted in the state government expending effort and resources in transport subsidies to ease the pains associated with the removal of fuel subsidy effected last year May.
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