Sanwo-Olu announces 50% fare reduction on Lagos buses

<p>Sanwo-Olu says his administration is working to roll out other palliatives to lessen the sufferings of Lagosians.</p>, <span>Lagos State Governor, Babajide Sanwo-Olu. Twitter:@jidesanwoolu</span>, <h2>In a bid to cushion the effects of subsidy removal, Governor Babajide Sanwo-Olu has announced a reduction in the cost of transportation of all state-owned transport systems by 50%.</h2>, <p>Governor Sanwo-Olu announced the development while speaking at a press briefing on Monday, July 31, 2023, at the Lagos House, Ikeja.</p>, <p>According to him, the 50% slash in transportation costs will take effect from Wednesday, August 2, 2023.</p>, <p>He said his administration is also working to roll out other palliatives to lessen the sufferings occasioned by the removal of fuel subsidy in May.</p>, <p>Sanwo-Olu promised to distribute foodstuffs to the vulnerable in the state through various stakeholders such as community development associations, religious groups, traditional rulers, local government authorities and civil society groups.</p>, <p>He maintained that the distribution of palliatives "would continue for a while until when we see how far we could go with some of these interventions."</p>, <p>The governor also explained that modalities have been put in place by the informal transportation sector, especially the yellow buses, to slash their charges by 25%.</p>