The Lagos State Government has responded to public outcry by reinstating a partial transport subsidy through the Lagos Metropolitan Area Transport Unit (LAMATA).
The subsidy, which was previously set at 50%, had been removed by the federal government, causing concerns among residents.
In a statement by Kolawole Ojelabi, the Head of Corporate Communication at LAMATA, it was announced that the reinstated subsidy will be effective from Tuesday (today), until further notice.
The official statement declared, “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.”
The statement emphasized the notable increase in diesel prices over the past three months, soaring from N867 in August to N1,300 in November 2023, representing a substantial 50% increase.
Responding to the calls for the reinstatement of the 50% fare discount for regulated bus and rail transport, Governor Babajide Sanwo-Olu directed the implementation of a 25% discount starting from Tuesday, , addressing the concerns raised by the public.
