On Monday, Lagos State Governor Babajide Sanwo-Olu took decisive action to mitigate the impact of fuel subsidy removal on the people of the state. He announced a 50% reduction in transportation fares within the state-owned transport system, providing relief to commuters facing hardships due to the subsidy removal.
In addition to the government-owned transportation vehicles, the governor also revealed that commercial transporters across the metropolis were planning to slash their prices by 25%.
Governor Sanwo-Olu made this announcement after the Security Council meeting held at the State House in Ikeja on Monday. The 50% fare reduction will take effect from Wednesday, 2nd August, offering significant savings for passengers.
In response to the challenges posed by the fuel subsidy removal, the governor pledged to distribute foodstuff to support the vulnerable population and alleviate the impact of the subsidy removal.
Furthermore, Sanwo-Olu vowed to increase the number of buses available for civil servants, making their daily commutes more efficient and reducing their transportation costs.
The measures taken by the Lagos State government demonstrate its commitment to easing the burden on the citizens and providing essential support during this transitional period following the fuel subsidy removal.