The Lagos State Government has declared its intention to end the 50% rebate in transport fares in the regulated Transport fare system in the state by Sunday, November 5th, 2023.
The Lagos Metropolitan Area Transport Agency (LAMATA) confirmed this in a statement released on Saturday.
According to the Statement, “The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday.”
LAMATA recalled that the 50% rebate on the transport fare had been announced by the governor of Lagos State, Babajide Sanwo-Olu on August 2nd, 2023.
The agency hereby informed the public that “From Monday, 6th November 2023, transport fare will return to the pre-2nd August 2023 rate.”
READ ALSO: The $1.35bn Project Funding For Lagos
However, the transport agency stated that a new off-peak fare will be introduced, “to give those travelling outside the early morning peak a form of a rebate on the Bus Rapid Transit (BRT) and Blue Line train.
Earlier, on July 31, Governor Sanwo-Olu had announced the reduction of transport fares for state-owned buses by 50% as well as commercial yellow buses by 25% on all routes as part of efforts to reduce the effect of the removal of the petrol subsidy on residents.
He stated that the bus fare reduction was to begin on Wednesday, August 2, 2023, adding that there is an expansion of the fleet of staff buses for workers in the Lagos State Public Service to reduce the effect of the petrol subsidy removal. He said that the buses were ready and would be deployed through the office of the Head of Service of the state.
Nigerian football fraternity was thrown into mourning following the death on Thursday evening of former… Read More
Nigerian afrobeats singer David Adeleke, aka Davido, has hinted at quitting music. The ‘Stand Strong’… Read More
Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and… Read More
Dr Marcel Mbamalu, CEO of Newstide Publications Limited, Publishers of Prime Business Africa, will on… Read More
Hailey and Justin Bieber, have announced they are expecting their first child together. The couple,… Read More
The Nigerian National Petroleum Company Limited (NNPCL) is under scrutiny once again as the Federal… Read More
This website uses cookies.