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The Lagos State Authorities, by way of the Lagos Metropolitan Space Transport Authority (LAMATA), has introduced the cessation of the 25% low cost on transport fares throughout the whole Lagos State Public Transport System, ranging from Sunday, January 28, 2024.
LAMATA issued a public notice on Friday, January 26, 2024, revealing the discontinuation of the 25-transport fare low cost, by way of its official X (previously Twitter) account.
The company additionally suggested Lagosians to be aware of the change and to make the required preparations for the resumption of standard transport fare charges that have been in place earlier than the adjustment made in December.
What LAMATA is Saying
The assertion from LAMATA reads,
- “The 25% rebate on regulated public transport buses, ferry and practice ends on Sunday, 28th January 2024.
- “From Monday, 29th January 2024, transport fare on regulated companies return to 100%.
- Governor Babajide Sanwo-Olu had on the 31st of July 2023 introduced a 50% rebate as a palliative measure in opposition to the impact of gas subsidy elimination and had ran for six months.”
What it is best to know
- Recall that on July 31, Governor Babajide Sanwo-Olu introduced the discount of transport fares of state-owned buses by 50% in addition to industrial yellow buses by 25% on all routes as a part of efforts to cushion the impact of the elimination of the petrol subsidy.
- Governor Sanwo-Olu disclosed that the bus fare discount was presupposed to take impact from Wednesday, August 2, 2023.
- The governor additionally introduced the enlargement of the Fleet of Workers Buses for the Employees within the Lagos State Public Service to cushion the impact of the Subsidy elimination, including that the buses are prepared and can be deployed by way of the workplace of the Head of Service of the state.
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