The Lagos State Government has cancelled the 50% transport fare discount on all Public Transport Systems introduced on August 2, 2023, by the Sanwo-Olu administration to cushion the effect of the removal of the petrol subsidy.
In a public notice released on Saturday, November 4, the Lagos Metropolitan Area Transport Authority (LAMATA) announced a reversion to the old rates of public transport from November 5.
“The 50% rebate in transport fare in the regulated transport system in Lagos ends on Sunday,” the Lagos Metropolitan Area Transport Authority said in a statement on Saturday.
The statement informed commuters that ‘’starting from Monday, November 6, 2023, transport fare will return to the pre-2nd August 2023 rate.” It also advised Lagos residents to take note of the change and make the necessary preparations for the resumption of regular transport fare rates that were in place before the adjustment made in August.
Governor Sanwo-Olu had on July 31 announced the reduction of transport fares for state-owned buses by 50% as well as commercial yellow buses by 25% on all routes as part of efforts to cushion the effect of the removal of the petrol subsidy.