Governor Babajide Sanwo-Olu of Lagos State, Southwest Nigeria has extended the reduction of regulated bus and train fares in the state by 25%.
Gatekeepers News reports that the spokesperson of Lagos Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, who made this known in a statement on Monday said the extended slash is effective Tuesday, November 7, 2023.
Ojelabi said the governor’s directive followed calls for the reinstatement of the 50% rebate on fares for regulated bus and rail transport.
On August 2, the governor announced a 50% discount in fares on regulated transport bus and rail transport which ended on Sunday.
The statement read, “Following appeals to the governor, he has extended the passenger fare reduction by 25% across the regulated bus and rail transport services until another review is announced.
“Within the three months period of the rebate, the pump price of diesel jumped from N867 in August to N1,300 in November 2023 representing about 50 per cent jump.”
