News
Sanwo-Olu ends 25% transport rebate in Lagos
The Lagos State Government has announced an end to the 25% discount on transport fares across the Lagos State Public Transport System.
The Lagos Metropolitan Area Transport Authority (LAMATA) made the public notice on Friday, January 26, 2024, via its official X (formerly Twitter) account.
The authority said the palliative measure that was introduced in response to the removal of the fuel subsidy in 2023, will end on Sunday, January 28, 2024.
It advised Lagosians to be aware of the change and prepare for the resumption of regular transport fare rates that were in effect prior to the adjustment made in December.
READ ALSO: Sanwo-Olu engages stakeholders at Town Hall Meeting in Lagos West
The post reads: “The 25% rebate on regulated public transport buses, ferry, and train services ends on Sunday, 28th January 2024.
“From Monday, 29th January 2024, transport fare on regulated services will return to 100%.”
Recall that Governor Babajide Sanwo-Olu initially announced a 50% rebate on state-owned buses and a 25% reduction on commercial yellow buses on all routes, starting from August 2, 2023, as part of efforts to alleviate the impact of the petrol subsidy removal.
The governor also announced the expansion of the fleet of staff buses for workers in the Lagos State Public Service as another measure to cushion the effect of the subsidy removal.
-
Latest1 week agoLagos NURTW organising secretary Toba Ajiboye dies after gunmen attack
-
Business6 days agoCBN targets $12bn annual Diaspora inflows to boost FX liquidity
-
Business6 days agoSEC launches nationwide campaign to help investors recover unclaimed dividends
-
Business4 days agoNigerian AI researcher champions ethical artificial intelligence at COPA AI 2026 summit in Wales
-
Latest1 week agoOyo APC berates Makinde over call for UN probe into Oriire school rescue
-
Latest7 days agoKwankwaso calls for renewed North–South-East Political alliance ahead of 2027
-
Business6 days agoCBN launches real-time FX tracker for BDCs, tightens oversight of FX market
-
Business5 days agoFood prices now biggest threat to inflation, beyond CBN’s reach – Analysts


