The Lagos State Government has announced a fifty percent slash in the cost of transportation of all state-owned transport systems and also pledged to “distribute FOOD ITEMS to the vulnerable in the state”, to cushion the harsh economic reality brought by the Subsidy removal policy of the federal government.
Speaking at a news conference after the State Security meeting today, Governor Babajide Sanwo-Olu stated that modalities have also been put in place by the informal transportation sector, especially the yellow buses, to slash their charges by twenty five percent.
Correspondent Godfrey Gabriel reports that the fifty percent slash in transportation costs by the government will take effect from Wednesday, August 2nd according to the governor.
