Lagos Governor Sanwo-Olu Slashes Bus, Train Fares By 25%, Gives Reason
- Governor Babajide Sanwo-Olu has slashed state-regulated bus and rail transport fares by 25 per cent
- Lagos State Metropolitan Area Transport Authority (LAMATA) said the 25 per cent discount will commence on Tuesday, November 7
- According to LAMATA, the 25 per cent slash is due to the about 50 per cent increase in the pump price of diesel
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Legit.ng journalist Adekunle Dada has over 5 years of experience covering metro and government policy.
Lagos state, Ikeja - The Lagos State Metropolitan Area Transport Authority (LAMATA) said Governor Babajide Sanwo-Olu, has slashed state-regulated bus and rail transport fares by 25 per cent
LAMATA disclosed this in a statement ‘Lagos approves 25% fare rebate for regulated bus and rail transport’, on its X page (formerly known as Twitter) @Lamataonline, on Monday, November 6.
According to the statement, the initial 50% discount ended on Sunday, November 5.
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LAMATA Head of Corporate Communication, Kolawole Ojelabi said the 25% is because the pump price of diesel jumped from N867 to N1,300 within 3 months.
“Responding to calls for the reinstatement of the 50% rebate on fare for regulated bus and rail transport, Governor Babajide Sanwo-Olu has directed the implementation of 25 per cent discount beginning Tuesday, 7th November 2023.
“Governor Sanwo-Olu had on 2nd August 2023 announced a 50% discount in fare on regulated transport bus and rail transport which ended on Sunday.
“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.”
Lagos state government introduces new transport programme
Meanwhile, Legit.ng reported that the Lagos state government introduced a new transport initiative called the Bus Industry Transition Programme (BITP).
The BITP is an initiative with the goal of establishing a policy framework to transform the current bus industry and formulate a fresh business model that integrates existing bus operators and their routes into a network of eight prospective Quality Bus Corridors (QBCs).
Oluwaseun Osiyemi, the state Commissioner for Transportation, while addressing the state lawmakers, explained that the initiative will curb the unscrupulous activities associated with the yellow commercial buses.
Sanwo-Olu takes first Blue Line train ride
There was joy in the air as Sanwo-Olu took the first commercial ride on the Blue Line Rail Mass Transit on Monday, September 4.
The governor boarded the train around 9.07 a.m. from the first coach and walked to the seventh coach.
He also took it upon himself to be the ride manager, taking time to explain the requirements to board the train to the people.
Source: Legit.ng