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Lagos state government to discontinue 50% slash in bus fares by April 1

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The Lagos government has discontinued the 50 percent reduction in the fares of the buses owned by the state.

The directive was announced in a statement released on Tuesday by the Lagos Metropolitan Area Transport Authority (LAMATA).

On February 8, Babajide Sanwo-Olu, the Lagos state governor, announced a 50 percent reduction in the prices of all state-owned transport services.

Sanwo-Olu also announced the provision of food banks in vulnerable places in the state

“Lagos state governor, Babajide Olusola Sanwo-Olu, had on Wednesday, February 8, 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 return of stability to the system, the 50% rebate is hereby discontinued.”

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