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Cash scarcity: Sanwo-Olu announces 50% fare reduction on ALL state-owned transport services

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Babajide Sanwo-Olu, the Lagos state governor, has announced a 50 percent reduction in the prices of all state-owned transport services.

The transport services include bus rapid transit (BRT), Lagos ride taxis, ferries, and other transportation services in the state.

The gesture comes amid the lingering petrol and cash scarcity, which has subjected residents of the state to biting hardship.

Last week, some civil society organisations (CSOs), stormed the streets of Lagos to protest over the unavailability of cash at ATM points and financial institutions.

In a related development, the Lagos chapter of the All Progressives Congress (APC), on Tuesday, announced the suspension of its campaign activities over the current petrol shortage and ongoing nationwide cash crunch.

Reacting to these events on Wednesday, Sanwo-Olu said the state will reduce transport fares and make provision for food banks in vulnerable places in the state to “cushion the effects of what our citizens are facing.”

“I have directed that from tomorrow (Thursday), on all of our Lagos bus system, all of our BRT buses, on all of our LAGRIDE taxis, all our ferries, boats, and LASTMA buses and small buses we have in the state, that they should be carrying passengers at 50 percent of the current fare,” he said.

“This will continue to happen using their Cowry cards and we want to further make Cowry cards available for all willing citizens. We have over 3 million cards out there that are being used, we believe we will make them a lot more available.

“So, for the next one week, passengers will enjoy a 50 percent discount from tomorrow morning.

“You will also see us distributing food items, foodstuff that we are making arrangements for. And we have tens of thousands that are already ready and we will be identifying various locations in which we will be distributing these food packs so that we can cushion the effect on all our citizens.”

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Ododo surrenders Yahaya Bello to EFCC

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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Yahaya Bello, former governor of Kogi state.

TheCable understands that Usman Ododo, Kogi governor, brought Bello to Abuja this morning and invited EFCC to come pick him up.

The EFCC had charged the former governor with alleged money laundering, breach of trust, and misappropriation of N80.2 billion.

In April, the commission declared Bello wanted after several attempts to arrest him proved unsuccessful.

On August 20, the court of appeal in Abuja ordered Bello to surrender himself for arraignment.

Ola Olukoyede, EFCC chairman, would later allege that Bello withdrew $720,000 from Kogi coffers to pay his child’s school fees in advance.

The anti-graft agency also filed a 19-count charge against Bello over alleged money laundering.

However, the arraignment was stalled due to the absence of the former governor.

In May, Abdulwahab Mohammed, counsel to Bello, told the court that the former governor’s whereabouts remain unknown and that he was nurturing some safety concerns.

On August 20, the court of appeal in Abuja ordered Bello to surrender himself for arraignment.

Dele Oyewale, EFCC spokesperson, had said the court’s ruling was a “vindication” of the EFCC’s stance that Bello must face trial.

Sources had told TheCable that Bello has been hiding in plain sight — holed up in the “protective custody” of the Kogi state government — since he was declared wanted by the EFCC.

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Tinubu writes reps, seeks Oluyede’s confirmation as COAS

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President Bola Tinubu has asked the house of representatives to confirm Olufemi Oluyede as the substantive chief of army staff (COAS).

Tinubu’s request is contained in a letter read by Tajudeen Abbas, speaker of the house of representatives, during plenary on Tuesday.

Tinubu said Oluyede’s confirmation is in accordance with the provision of section 218(2) of the 1999 constitution as amended and section 18(1) of the Armed Forces Act.

The president said the army chief’s contribution to the military and Nigeria makes him “well-suited” for the role.

He said Oluyede has been professional in his duties, adding that his confirmation should be done “expeditiously”.

On October 30, Tinubu appointed Oluyede as the acting COAS following the prolonged illness of Taoreed Lagbaja, the former army chief.

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Governor Nwifuru suspends health, housing commissioners

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The Ebonyi State Governor, Francis Nwifuru, has suspended the state Commissioner for Health, Dr. Moses Ekuma and his Housing and Urban Development counterpart, Francis Ori.

It was gathered that they were suspended on Monday during the State Executive Council meeting in Abakaliki, the state capital.

A statement issued by the Commissioner for Information and State Orientation, Jude Okpor, which was sighted by our correspondent on Tuesday morning, read, “Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health respectively.”

It was also learnt that the development may be connected to the alleged theft of pieces of property belonging to the Ministry of Health by its officials and the reported underperformance of the Housing and Urban Development commissioner and his shoddy handling of the Amaeze Housing Scheme in the Ishielu Local Government Area of the state.

Recall that the governor was in the health ministry’s premises on Saturday night and met a scene where six officials were caught allegedly diverting government materials.

He, therefore, ordered their arrest and eventual prosecution.

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