Honeymoon Over As Lagos Government Announces Return To 100% Bus Fares Regime

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).

The governor had on February announced a 50 percent reduction in the prices of all state-owned transport services.

In the statement, LAMATA said fares of state-owned buses will return to a 100 percent rate on April 1.

“With effect from Saturday, April 1, bus fare on all regulated buses — BRT, standard and FLM — shall revert to 100 percent rate,” the agency said.

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”, the statement added.