In reaction to calls for the reinstatement of the 50 per cent 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.
On 2nd August, the governor announced a 50 per cent discount in fare on regulated transport bus and rail transport which ended on Sunday.
According to a statement on Monday, the Head of Corporate Communication at Lagos Metropolitan Area Transport Authority (LAMATA), Mr. Kolawole Ojelabi said that “following appeals to the governor, he has extended the passenger fare reduction by 25 per cent 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”.
