Lagos terminates the state-owned transportation services’ 25% fare refund.

The Lagos State Government no longer offers a 25% fare refund on any state-owned transportation services.

The information was revealed in a message on the Lagos Metropolitan Area Transport Authority’s (LAMATA) official X handle.

“On Sunday, June 2, 2024, the 25% fare rebate on regulated public transportation buses, ferries, and rail services will expire.

“The original fare of 100% will be applied to all regulated transport services in the state starting on Monday, June 3rd,” the announcement stated.

On February 23, Babajide Sanwo-Olu, the state governor, announced a 25% fare refund. With the statement, he lessened the impact of the termination of fuel subsidies by offering a six-month, 50% rebate, which started on July 31, 2023.

The statement said, “The state government has expended effort and resources in transport subsidies to ease the pains associated with the removal of fuel subsidy effected last year May. This is due to the rebate in regulated public transport system fares.”

CATEGORIES

Hot this week

Nigeria has more people in poverty than China, Indonesia, Vietnam – Obi

Peter Obi, the former Labour Party presidential candidate, has...

FG declares Friday, Monday as Easter holidays

By Solomon OdeniyiThe Federal Government has declared Friday, April 18,...

NACA mourns Pope Francis

The National Agency for the Control of AIDS (NACA)...

Inflation Crisis Deepens as Rates Exceed 30% in Abuja, Ten Nigerian States

Inflation Crisis Deepens as Rates Exceed 30% in Abuja,...

Gombe women farmers decry post-harvest losses

By Chima AzubuikeSmall Scale Women Farmers Organisation in Nigeria, Gombe...

Analysts Review

Spot FX Rate Drops To N1,455 At NFEM.

December 11, 2025As pressure on liquidity continues to linger,...

In A Deregulated Aviation Sector Govt. Cannot Regulate Ticket Prices — Minister.

December 11, 2025The Minister of Aviation and Aerospace Development,...

Market Stability Concerns Raised As CBN Approves 82 BDC Licenses. 

December 11, 2025Notable concerns have been stirred across Abuja’s...

NHRC Urges Government, Citizens To Make Human Rights Part Our Daily Actions.

December 10, 2025The National Human Rights Commission, NHRC, has...

Non-remittance Of N5.2Trn Surplus, N11Trn Revenue: Reps Summon CBN Governor.

December 10, 2025Following the Auditor General’s Report of 2022...

Naira Drops as Foreign Payments Outweigh Total Forex Supply.

December 10, 2025Tuesday's fall in the market value of...

Eric Chelle’s Challenges Ahead Of AFCON 2025.

December 10, 2025With less than two weeks to the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img