The Lagos State Government has reverted to the state’s regulated bus and train fares.
The Lagos Metropolitan Area Transport Unit disclosed this in a tweet on Monday, saying the partial return of the subsidy on transportation followed calls for the reinstatement of the transport subsidy.
According to the statement by, Head, Corporate Communication, LAMATA, Kolawole Ojelabi, the subsidy will take effect from November 7, 2023, until the announcement of l another.
This came after the state government on Saturday reversed the 50 per cent transport fare discount on all Public Transport System implemented on August 2, 2023, after Governor Babajide Sanwo-Olu’s directive.
The statement announcing the latest transport subsidy read, “Following appeals to the governor, he has extended the passenger fare reduction by 25% across the regulated bus and rail transport services until another review is announced.
“Within the three months period of the rebate, the pump price of diesel jumped from N867 in August to N1, 300 in November 2023, representing about a 50 per cent jump.”
“Responding to calls for the reinstatement of the 50% rebate on fare for regulated bus and rail transport, Governor Babajide Sanwo-Olu has directed the implementation of 25% discount,’’ beginning from Tuesday, November 7, 2023,” it added.