Sanwo-Olu Slash Lagos Bus Fares By 50%

Lagos State Government slash bus fares by 50%.

This is coming as a development to help Lagos residents cope with the effects of the recent fuel subsidy removal.

Governor Babajide Sanwo-Olu made the announcement through his media aide, Jubril Gawat.

Gawat announced the palliative measures in a tweet on Tuesday.Effective Wednesday, July 31, there will be a 50% reduction in fares for all Lagos buses. This includes government-owned buses, as well as privately operated buses.Gawat announced the palliative measures in a tweet on Tuesday.Effective Wednesday, July 31, there will be a 50% reduction in fares for all Lagos buses. This includes government-owned buses, as well as privately operated buses.

In addition, Sanwo-Olu has approved a 25% reduction in the fares for yellow buses.

These buses are privately operated minibuses that are commonly used for intra-city travel.

Gawat announced the palliative measures in a tweet on Tuesday.

He said that the reductions would help to cushion the impact of the fuel subsidy removal on residents.

"The governor has approved a 50% reduction in fares for all Lagos buses, effective from Wednesday," Gawat tweeted. "He has also approved a 25% reduction in the fares for yellow buses, which will be officially announced by their union,"

Gawat Tweeted.

The fuel subsidy removal has been met with widespread criticism from residents, who have seen a sharp increase in the cost of transportation.

The government's palliative measures are seen as an attempt to mitigate the impact of the subsidy removal.

It remains to be seen whether the reductions will be enough to offset the rising cost of transportation. However, the measures are a welcome relief for many residents who are struggling to make ends meet.