x

Lagos State Govt To Stop Its 50% Discount On BRT Fares

The Lagos State Government has announced that from April 1, 2023, the existing 50% discount on the fares of buses owned by the state would no longer apply.

This was contained in a statement by the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, March 28, 2023, in which the government stated that fares of state-owned buses will return to their original rates from the said date.

Recall that Lagos State Governor, Babajide Sanwo-Olu, had in early February introduced the 50% reduction on all state-owned transport services as a measure to cushion the effect of the bitting naira and fuel scarcity faced by residents of the state.

The statement read: “With effect from Saturday, April 1, bus fare on all regulated buses — BRT, standard and FLM — shall revert to 100 per cent rate.

Lagos State Governor, Babajide Olusola Sanwo-Olu, had on Wednesday, February 8, 2023, approved a 50% slash in bus fares following the cash crunch brought about by the recent currency swap.

“Following the Supreme Court and Federal Government’s pronouncements on the use of old notes alongside the new notes and return of stability to the system, the 50% rebate is hereby discontinued.”

Hot this week

Gov. Ododo Pays Tribute to Late Sen. Adebayo

By Noah Ocheni, Lokoja Kogi State Governor, Alhaji Ahmed Usman...

Power Outages: Tinubu Moves To Ensure Reliable Electricity Supply in Tertiary Hospitals

By Joyce Remi-Babayeju President Bola Ahmed Tinubu has made concrete...

World Cup Qualifier: NFF Slams Dessers, Faults Troost-Ekong After Eagles’ Draw With South Africa

The Nigeria Football Federation (NFF) has sharply criticised Super...

Bandits Killings: S/Kaduna Kicks as Gov Sani Flags Off Makarfi Rural Roads

By Achadu Gabriel, Kaduna The flag-off of a rural road...

Breaking: FG Set to Integrate Organ Transplant Services Into NHIA

… To End Unethical Local Organ Transplantation Practices By Joyce...

Pray for Peace, Development of Nigeria, Mahmoud Urges FCT Christian Pilgrims

By Joyce Remi-Babayeju FCT Minister of State, Dr. Mariya Mahmoud,...

Light Up Abuja Programme: Wike To Flag-Off Construction of New Roads, Light Projects

By Joyce Remi-Babayeju The Minister of Federal Capital Territory (FCT),...

Tinubu tasks Catholic Bishops on national peace and development

By Ogenyi Ogenyi, Uyo President Bola Tinubu has called on...

CSGGG Hails Rivers Sole Administrator’s Leadership

…Says Peace Brokered, Trust Restored…Lauds Transformative Governance, Credits Tinubu’s...

Tribune Abuja Bureau Chief, Dr. Leon Usigbe, Laid to Rest Amid Cries, Tributes

By Joyce Remi-Babayeju The late Tribune Abuja Bureau Chief, Chief...

Breaking: FG Set to Integrate Organ Transplant Services Into NHIA

… To End Unethical Local Organ Transplantation Practices By Joyce...

Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion

By Amgbare Ekaunkumo, Yenagoa Two historic communities in Bayelsa State,...

Sokoto-Badagry Superhighway to Boost Trade, Regional Integration

By Muhammad Ibrahim, Sokoto The Sokoto-Badagry Superhighway project, a major...

Related Articles

Popular Categories

spot_imgspot_img