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Nigeria News

Gov Sanwo-olu Reverts Transportation Fares On All Regulated Buses To 100% 

Emmanuel Atseyinku
Last updated: March 29, 2023 9:34 am
By Emmanuel Atseyinku
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With effect from Saturday, Ist April, bus fare on all regulated buses BRT, Standard, and FLM – shall revert to a 100 percent rate.

Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, had on Wednesday, 8th February 2023 approved a 50% slash in bus fares following the cash crunch brought about by the recent currency swap.

Following the Supreme Court and Federal Government’s pronouncements on the use of old notes alongside the new notes and the return of stability to the system, the 50% rebate is hereby discontinued.

Consequently, bus fares return to a pre-50% slash rate effective Saturday, Ist April 2023.

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