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The Lagos State Government, through the Lagos Metropolitan Area Transport Authority (LAMATA), has announced the discontinuation of the 25% discount on transport fares across the entire Lagos State Public Transport System, effective from Sunday, January 28, 2024.
LAMATA issued a public notice on Friday, January 26, 2024, via its official communication platform (formerly Twitter), revealing the end of the 25% transport fare discount.
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The agency advised Lagos residents to take note of the change and make necessary preparations for the resumption of regular transport fare rates that were in place before the adjustment made in December.
The statement from LAMATA reads:
“The 25% rebate on regulated public transport buses, ferry, and train ends on Sunday, 28th January 2024.
“From Monday, 29th January 2024, transport fare on regulated services return to 100%.
Governor Babajide Sanwo-Olu had on the 31st of July 2023 announced a 50% rebate as a palliative measure against the effect of fuel subsidy removal and had run for six months.”
Recall that on July 31, Governor Babajide Sanwo-Olu announced the reduction of transport fares for state-owned buses by 50% and commercial yellow buses by 25% on all routes as part of efforts to cushion the effect of the removal of the petrol subsidy.
The reduction was initially supposed to take effect from Wednesday, August 2, 2023.
The governor also announced the expansion of the fleet of staff buses for workers in the Lagos Nigeria Public Service to mitigate the impact of the subsidy removal.
