The Lagos State Government has ended its 25 percent rebate on fares across all state-owned transport services.
The Lagos Metropolitan Area Transport Authority (LAMATA) disclosed this in a statement on its official X handle.
“The 25% fare rebate on regulated public transport buses, ferries, and train services ends on Sunday, 2 June 2024.
“From Monday, 3 June, transport fare on all regulated transport services in the state will return to its original fare of 100%,” the statement read.
The state governor, Babajide Sanwo-Olu, had on 23 February, announced a 25 percent rebate on fares. By the announcement, he extended a six-month 50 percent rebate that began on 31 July 2023, to mitigate the impact of the fuel subsidy removal.
“The rebate in regulated public transport system fares has resulted in the state government expending effort and resources in transport subsidies to ease the pains associated with the removal of fuel subsidy effected last year May,” the statement added.
Source: Premium Times
