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Subsidy Removal: Lagos Ends 25% Transport Fare Discount, To Resume Regular Rates On BRT, Trains, Others

by Leadership News
2 years ago
in News
Subsidy removal
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The Lagos State Government, through the Lagos Metropolitan Area Transport Authority (LAMATA), has announced that the 25% discount on transport fares across the Lagos State Public Transport System will end on Sunday, January 28, 2024.

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This decision marks the cessation of the palliative measure that was introduced in response to the removal of the fuel subsidy.

 

LAMATA issued a public notice on Friday, January 26, 2024, via its official X (formerly Twitter) account, informing the public of the discontinuation of the 25% transport fare discount.

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The agency advised Lagosians to be aware of the change and prepare for the resumption of regular transport fare rates that were in effect prior to the adjustment made in December.

 

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“The 25% rebate on regulated public transport buses, ferry, and train services ends on Sunday, 28th January 2024,” stated LAMATA. “From Monday, 29th January 2024, transport fare on regulated services will return to 100%.”

 

Governor Babajide Sanwo-Olu initially announced a 50% rebate on state-owned buses and a 25% reduction on commercial yellow buses on all routes, starting from August 2, 2023, as part of efforts to alleviate the impact of the petrol subsidy removal.

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The governor also announced the expansion of the fleet of staff buses for workers in the Lagos State Public Service as another measure to cushion the effect of the subsidy removal.


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