MIKE OCHONMA
In response to calls for the reinstatement of the 50 percent rebate on fare for regulated bus and rail transport, Governor Babajide Sanwo-Olu of Lagos state, has directed the implementation of 25 percent discount beginning Tuesday, November 7, 2023.
Governor Sanwo-Olu had on August 2, 2023 announced a 50 percent discount in fares on regulated transport bus and rail transport which ended on Sunday.
However, following appeals to the Governor, he has extended the passenger fare reduction by 25 percent across the regulated bus and rail transport services until another review is announced.
This is according to a statement signed by Kolawole Ojelabi, head, corporate communication, Lagos Metropolitan Area Transport Authority (LAMATA),
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 increment.
