Full List of Transport Companies, Locations to Get FG's 50% Cut on Fares in Lagos, Abuja, P'Harcourt
- The locations to board discounted transport have been made known by the federal government
- For a start, the development would kick start with God is Good Motors at its Ajah and Jibowu parks
- Other transport companies, such as Chisco Transport and Young Shall Grow, will subsequently follow
Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.
Nigeria’s President Bola Tinubu recently okayed a 50% rebate for inter-state travel across 22 luxurious bus routes to address concerns of a hike in transportation fares.
Source: UGC
In addition, the president also approved a 100% rebate on train travel for Nigerians wishing to embark on journeys to other parts of the country for the Christmas and New Year festivities.
For more clarity, the special adviser on information and strategy to President Bola Tinubu, Bayo Onanuga, in a recent post on X, revealed the selected routes expected to benefit from this subsidy.
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He said the following companies are participating in the scheme to slash consumer transport costs.
- GIG (God is Good)
- Chisco Transport
- Young Shall Grow
- God Bless Ezenwata
- Area Motor
In a list shared by Onanuga, on luxury bus quotations by owners, the daily routes include movement from Lagos, Abuja, Port Harcourt and others to different regions in the country.
In an updated post, he shared that God Is Good (GiG) will roll out the pilot phase today at two GiG locations in Lagos: GIG mobility terminal in Jibowu, Lagos, and GIG mobility terminal in Ajah, Lagos.
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"A step in the right direction": Obi hails Tinubu over 50 percent slash of interstate fares
How Nigerians are reacting to this
@Tjslyy claimed,
"Compared to what is truly the transport services Nigerians use, this is grossly inadequate. The attempt to subsidize transport services will definitely be challenging... I just don't understand. Let us just bring some form of fuel subsidy back if we are so eager to subsidize!"
@EnejereMichael tweeted,
"I'm not a Tinubu supporter, but he did well if the Transport Companies will really perfect it. The main problem we are facing in Nigeria is not keeping to an agreement."
@sp_OJOAGBA noted,
This also does not legitimize neither justified the illegality of the mandate. How does this few selected areas enjoy your clueless ideas? Does change the price of goods in the market?
"What if tinubu just announce fuel price reduction to at least #400 ? That one would touch every one in this country not this mind control prank called transportation discount.”
@PopeAviva noted,
"Why subsidize transportation and then remove subsidy on PMS? This thing no clear."
@Credo_promotion said,
“I hope those who will enjoy this benefit will come here and testify that really did. Let me for once see what this government said and did”
Tfare without subsidy
Earlier, Legit.ng reported that as Christmas nears, interstate transport costs are expected to increase massively, with passengers paying as much as N50,000.
Findings have revealed that passengers travelling to major cities will pay as much as N50,000 for a bus ticket to embark on an interstate trip during the Christmas period.
FG moves to slash airfares of Air Peace, Dana others, by 50%, gives conditions for travellers to benefit
Legit.ng reported that the federal government is working on providing subsidies to airlines in the country to help reduce the high cost of air travel.
Festus Keyamo, the minister of aviation and aerospace development, is reported to have held a meeting with the Airline Operators of Nigeria (AON) on Friday, December 15, 2023.
Those present at the meeting are the President of AON, Dr Abdulmunaf Yunusa Sarina, his executive members, and other airline operators.
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Source: Legit.ng
