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HomeBusinessFuel subsidy: Sanwo-Olu announces 50 per cent reduction on Lagos buses

Fuel subsidy: Sanwo-Olu announces 50 per cent reduction on Lagos buses

In a bid to help Lagos residents cope with the effects of fuel subsidy removal, Governor Babajide Sanwo-Olu has announced palliatives.

With effect from Wednesday, there will be a 50% reduction on Lagos buses.

Sanwo-Olu has also approved a 25% reduction in yellow buses fees, which will be officially announced by their union.

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A tweet from the governor’s media aide, Jubril Gawat, read: “FLASH: Governor of Lagos State, Mr @jidesanwoolu has announced Palliatives to cushion the effect of the Fuel subsidy removal: – 50% reduction on Lagos Buses from Wednesday.

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25% reduction in yellow buses fees which will be announced officially by their body.”

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