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

Plateau APC Youths Commend Prof. Nentawe’s Humanitarian Initiatives

By Israel Adamu, JosThe All Progressives Congress (APC) Youth...

Corruption Is More Than Stealing Money, Says ICPC Chairman

The Chairman of the Independent Corrupt Practices and Other...

FG Committed to Collaborating with Genuine Private Sector for a Prosperous Nation

…as SGF receives award for promoting climate change initiativeBy...

Kano PCC Vows Free Justice for All, Extends Services to Remote Communities

By Jabiru HassanThe Federal Commissioner of the Public Complaints...

Dualization of Apo, Wasa Junction Is Tinubu’s Fulfilled Promise — Wike

By Joyce Remi-BabayejuThe FCT Minister Barr. Nysome Wike...

Minister Wike and the zone 6 neighbourhood park conversion saga in Abuja (II)

By Tpl. Umar Shuaibu.Deriving its power from the FCT...

NAF Seeks Stronger Partnership with Journalists

The Director of Public Relations and Information of the Nigerian Air Force, Air Commodore, Air Commodore Ehimen Ejodame, made this known during an interactive session with the leadership of the Nigeria Union of Journalists (NUJ), FCT Council led by the Chairman, Ms. Grace Ike

MRA Condemns INEC’s N1.5bn Fee for Voters Register Under FOI Act

By Achadu Gabriel, KadunaThe Independent National Electoral Commission (INEC)...

Kano PCC Vows Free Justice for All, Extends Services to Remote Communities

By Jabiru HassanThe Federal Commissioner of the Public Complaints...

Tinubu Allies Target Tambuwal Over Alleged Political Betrayals

Here’s a clean, newsroom-ready version of your draft. I’ve...

Ex-ACF Scribe Warns FG Against Bowing to Pressure Over Nnamdi Kanu

By Achadu Gabriel, KadunaFormer Secretary-General of the Arewa Consultative...

INSPIRATION: The Journey of Self-Discovery. . .

By Dr. Mary EwaKnowing Who "You Are" a...

Related Articles

Popular Categories

spot_imgspot_img