Lagos State government has announced the suspension of a 50 per cent reduction in public transport fares and a reversion to the old rates across the state.
Old rates of public transportation take effect from today.
The announcement was contained in a statement by Lagos Metropolitan Area Transport Authority (LAMATA), yesterday.
“The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday (tomorrow)”, LAMATA stated.
When contacted, Consultant, Corporate Communication, LAMATA, Mr Kolawole Ojelabi confirmed the development, saying “The 50 rebate has been stopped”.
The statement informed commuters that starting “from Monday, 6 November 2023, transport fares will return to the pre-2nd August 2023 rate”.
Earlier, Governor Babajide Sanwo-Olu, in August, announced a 50 per cent reduction in prices of public transport services including the Bus Rapid Transport (BRT), Standard Routes, First and Last Mile, Rail and Ferry to cushion the effect of petrol subsidy earlier removed by President Bola Tinubu.
The sudden removal of the subsidy forced average Nigerian households into economic crisis, prompting the decision by some states to introduce relief packages.
