The Lagos State Government has discontinued the 50 per cent reduction in the fares of buses owned by the state.
In a statement released by the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, the state government said fares of state-owned buses will return to a 100 percent rate effective April 1, 2023.
Lagos State Governor, Babajide Sanwo-Olu, last month announced a 50 per cent reduction in the prices of all state-owned transport services, noting that the measure was to reduce the hardship faced by residents over petrol and cash scarcity.
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However, LAMATA said “With effect from Saturday, April 1, bus fare on all regulated buses — BRT, standard and FLM — shall revert to 100 per cent rate.
“Following the supreme court and federal government’s pronouncements on the use of old notes alongside the new notes and return of stability to the system, the 50% rebate is hereby discontinued,” the statement read.
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