x

Subsidy Removal: Capital Luxury Transit slashes fare by 25%

By Ogenyi Ogenyi,Uyo

A prominent Nigerian transport firm ,Capital Luxury Transit, has announced plans to slash its transportation fare by 25% accross the country.

A statement signed by the Chairman, Capital Luxury Global Group, Mr. Edidiong Udoidiong and issued to journalists in Uyo on Monday indicated that the decision was to ameliorate the hardship passengers face following the removal of fuel subsidy.

Noting that the company would not want to overburden its customers with hike in cost of transportation, Udoidiong assured that luxury and comfort with which the vehicles are known for would remain sacrosanct despite the reduction.

According to the statement, “the recent removal of fuel subsidy has undeniably affected various sectors, including transportation, and we are keenly aware of the impact this has on our valued customers.

“In light of the prevailing economic challenges facing our great nation,
Capital Luxury Transit, a trailblazer in luxury road transportation, has taken a bold step towards mitigating the burdens on our esteemed
passengers.

“We are excited to announce a nationwide fare reduction of up to 25% which commenced since June 15, 2023( two months and ongoing).

“Despite these complex circumstances, Capital Luxury Transit remains resolute in its commitment to delivering luxury, safety, and convenience. This fare reduction, a testament to the CEO’s compassion and foresight, underscores the unwavering resolve to serve customers with a commitment that transcends financial challenges.”

The statement noted that the fare reduction was not only to ease the financial burden on passengers but a part of their Corporate Social Responsibility in times of economic flux.

“Our dedication to passenger satisfaction remains unswerving, and this reduction is just one example of our ongoing efforts to ensure that luxury remains accessible to all.” It said.

Udoidiong said the nationwide fare reduction will encompass all the routes and services even as he urged the people to visit their official website at www.cltransit.ng or call their representative at +2349088265232 for further inquiries

Hot this week

Asaba NUJ Trains 50 Journalists on Solutions Journalism in Delta State

By Anne AzukaThe Asaba Correspondents Chapel of the...

Davido Reacts as Osun Governor Ademola Adeleke Dumps PDP

Afrobeats superstar Davido has reacted to the sudden resignation...

Gov Mbah Launches Hi-tech Drones, Equipment, Patrol Vans to Boost Security

_...No hiding place for criminals – Enugu Security Trust...

Group Urges Gov. Sule to Seek Senate Seat as Future Planters LEAD Africa Festival Concludes

By Abel Zwanke, LafiaThe Future Planters LEAD Africa Festival...

Humanitarian Affairs Minister Congratulates Gen. Musa on Appointment as Defence Minister

By Israel Adamu, JosMinister of Humanitarian Affairs and Poverty...

NCDMB Engages Bayelsa Youths, Civil Society on Local Content, Peace-Building Efforts

The Nigerian Content Development and Monitoring Board (NCDMB) has...

SMPH, UNFPA Train 30 Kaduna Journalists on Ethical GBV, SRHR Reporting

Thirty journalists from various media organisations in Kaduna State...

Related Articles

Popular Categories

spot_imgspot_img