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

ICPC Arraigns El-Rufai Over Alleged Corruption, Court Fixes Bail Hearing

The Independent Corrupt Practices and Other Related Offences Commission...

A’Ibom youths protest non- employment, marginalisation in oil palm firm

By Ogenyi Ogenyi, UyoNo fewer than 100 youths from...

EU Seeks Partnership with FCT on Investment, Justice Reforms

By Joyce Remi-BabayejuThe European Union has expressed readiness to...

A’ibom targets 369 solar-powered schemes as AHDC calls for reforms

By Ogenyi Ogenyi,UyoAkwa Ibom government has concluded arrangements to...

SGF Inaugurates PenCom Board, Emphasises Transparency and Accountability

By Wilfred FrancisThe Secretary to the Government of...

NAFDAC, NHIA to Improve Access to Quality Healthcare Services for Nigerians

By Joyce Remi- BabayejuIn a renewed drive to strengthen...

Tinubu Urges Traditional Rulers to Strengthen Security, Unity at Falae Book Launch

By Wilfred FrancisPresident Bola Ahmed Tinubu has called...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

NCDMB Applauds ESSO’s $23m Shorebase Project at LADOL

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

Malami, Kwankwaso Condole El-Rufai Over Mother’s Death

Former Attorney-General of the Federation, Abubakar Malami, and ex-Kano...

Calls Grow for Isaac Danladi to Contest Nasarawa West Senate Seat

Residents and stakeholders in Nasarawa West Senatorial District have...

Pope Leo XIV Warns Against Growing Inequality During Monaco Visit

Pope Leo XIV has criticised the widening gap between...

Related Articles

Popular Categories

spot_imgspot_img