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    Home»Business & Economy»Lagos Govt Announces Return To Normal Bus Fares
    Business & Economy

    Lagos Govt Announces Return To Normal Bus Fares

    Alexandra Dominic-ChukwuBy Alexandra Dominic-ChukwuMarch 29, 2023Updated:March 29, 2023No Comments1 Min Read
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    ENUGU, Nigeria (VOICE OF NAIJA) – The Lagos Metropolitan Area Transport Authority (LAMATA), has announced that fares of state-owned buses will return to a 100 per cent rate effective from 1 April, 2023.

    Early last month, Lagos State Governor, Babajide Sanwo-Olu, announced a 50 per cent reduction in the prices of all state-owned transport services.

    According to him, the measure was to reduce the hardship faced by residents over petrol and cash scarcity.

    However, LAMATA on Tuesday said fares of State-owned buses will return to a 100 per cent rate on 1 April.

    “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,” the statement read.

    Bus Fares in Lagos Governor Babajide Sanwo-Olu Lagos State
    Alexandra Dominic-Chukwu

    Alexandra Dominic-Chukwu is based in the eastern region of Nigeria. She covers politics, news writing, feature stories, among others. She has multitasking skills and can easily adapt to any working condition. She enjoys reading and writing.

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