Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    CBN Declares Forex Market Stable as Reserves Hit $52.5bn

    August 5, 2026

    Polkadot Price Rises 5.2% to $0.8648 on Bullish Shift

    August 5, 2026

    Zcash Gains 5% as Fortitude Mining Holdings Acquires Facility

    August 4, 2026
    Facebook X (Twitter) Instagram
    Trending
    • CBN Declares Forex Market Stable as Reserves Hit $52.5bn
    • Polkadot Price Rises 5.2% to $0.8648 on Bullish Shift
    • Zcash Gains 5% as Fortitude Mining Holdings Acquires Facility
    • Cardano Races Toward $0.20 Target Price on Protocol Upgrade Bets
    • Heirs Insurance Group Meets NAICOM’s New Capital Requirements
    • New US Student Visa Rules Will Pressure Some Colleges -Fitch
    • Oando Half-Year Revenue Hits N2.1 Trillion, Up 20%
    • President Tinubu Raises Military Salaries by Up to 80%
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, August 5
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Uncategorized » Palliatives: Sanwo-Olu Slashes BRT Fare by 50%, Unfolds Other Measures

    Palliatives: Sanwo-Olu Slashes BRT Fare by 50%, Unfolds Other Measures

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 31, 2023Updated:July 31, 2023 Uncategorized No Comments3 Mins Read
    Palliatives: Sanwo-Olu Slashes BRT Fare by 50%, Unfolds Other Measures
    Babajide Sanwolu, Lagos State Governor
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Palliatives: Sanwo-Olu Slashes BRT Fare by 50%, Unfolds Other Measures

    Babajide Sanwo-Olu of Lagos State has announced a 50 per cent reduction in the transportation fare of the Bus Rapid Transport (BRT) controlled by the Lagos Area Metropolitan Transport Authority (LAMATA) from Aug. 2.

    He made this known while addressing state house correspondents, at the end of the security meeting with agencies including the army, police and the navy, held at the State House, Ikeja.

    The governor said that this was part of the palliatives for Lagos residents, to cushion the effect of the removal of fuel subsidy by the federal government, as well as the harsh economic situation in the country.

    ”In response to the effects of the fuel subsidy removal, I’m introducing a series of measures for economic and humanitarian relief.

    ”From Wednesday, we’re implementing a 50% per cent fare reduction on all Lagos buses, easing the burden on commuters across the city.

    ”In collaboration with the bus unions, 25% off all yellow buses (danfo) fares will be communicated officially by the unions.

    ”Additionally, I am pleased to announce a 50 per cent fare reduction on all LagFerry routes. This will provide more accessible and affordable transportation options for our residents.

    ”Recognizing the importance of affordable healthcare, I am directing our General Hospitals to offer free ante-natal services and delivery; normal and C-section services.

    “This is ensuring the health of our families is taken care of without worrying about financial constraints,” the governor said.

    He disclosed plans for foodstuffs to be released to the vulnerable in the society, through the local governments, churches and mosques, to cushion the effect of the hardship.

    ”This will continue until we see the result of these interventions,” the governor said.

    He said that more buses would be deployed to convey civil servants, while the remaining would be added to the fleet for public transportation, to aid the movement of residents.

    Sanwo-Olu encouraged residents to be law abiding, as they go about their affairs in the state.

    He said that in the next 30 days, vehicle and security gadgets would be provided to law enforcement officers, so as to improve security in the state.

    Also speaking, the Commissioner of Police in Lagos State, Idowu Owohunwa, said that there had been increase in cultism and vehicle vandalism in the state.

    Owohunwa said that since ‘Operation Flush’ was formed by the force, 260 suspects had been arrested and were being investigated.

    He said that the governor had charged the police to upscale its operation, warning that anyone planning to disrupt the peace of the state would be dealt with. #Palliatives: Sanwo-Olu Slashes BRT Fare by 50%, Unfolds Other Measures#

    NGX Slumps as Unimpressive Earnings Prompt Selloffs

    Babajide sanwolu Lagos State Government
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Keep Reading

    MeCure H1 2026 Earnings Reinforce Long-Term Growth Strategy

    XRP Stalls, Ripple Invests in Notabene as BitMEX Plans to Shut Down

    Lagos Introduces Building Insurance Scheme

    FG Targets Transparent Tax System Through Digital Reforms

    Nigerian Naira Firms Up Against USD, EUR, GBP – NFEM FX Turnover Dips

    External Reserves Stand at $52bn – Cardoso

    Add A Comment

    Comments are closed.

    Editors Picks

    CBN Declares Forex Market Stable as Reserves Hit $52.5bn

    August 5, 2026

    Polkadot Price Rises 5.2% to $0.8648 on Bullish Shift

    August 5, 2026

    Zcash Gains 5% as Fortitude Mining Holdings Acquires Facility

    August 4, 2026

    Cardano Races Toward $0.20 Target Price on Protocol Upgrade Bets

    August 4, 2026

    Heirs Insurance Group Meets NAICOM’s New Capital Requirements

    August 4, 2026
    Latest Posts

    MeCure H1 2026 Earnings Reinforce Long-Term Growth Strategy

    July 30, 2026

    XRP Stalls, Ripple Invests in Notabene as BitMEX Plans to Shut Down

    July 25, 2026

    Lagos Introduces Building Insurance Scheme

    July 25, 2026

    FG Targets Transparent Tax System Through Digital Reforms

    July 24, 2026

    Nigerian Naira Firms Up Against USD, EUR, GBP – NFEM FX Turnover Dips

    July 23, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.