BIG STORY
BREAKING: Sanwo-Olu Rolls Out Palliatives For Lagos Residents, Announces 50% Reduction In All Govt Owned Vehicles, Food Packs For The Poor [VIDEO]
To mitigate the impact of fuel subsidy removal, the Lagos State Government has implemented a significant reduction of 50 percent in transportation fares for all state-owned transport systems.
This measure aims to alleviate the financial burden on commuters and provide them with more affordable means of transportation within the state.
By slashing costs, the government demonstrates its commitment to supporting the public during this transition period.
The government also pledged to distribute foodstuff to the vulnerable in the state.
Speaking at a press briefing on Monday at the Lagos House, Ikeja, Governor Babajide Sanwo-Olu stressed that the state government is working towards rolling out these palliatives to lessen the pain that the removal of subsidy has brought on the citizens.
The governor added that modalities have also been put in place by the informal transportation sector, especially the yellow buses, to slash their charges by 25 percent
According to the governor, the 50 percent slash in transportation costs by the government will take effect from Wednesday, August 2, 2023.
More to come…