Connect with us

News

Yuletide: Tinubu Approves 50% Reduction In Transport Fare Nationwide

President Bola Ahmed Tinubu has approved a 50% reduction in the price of interstate transport fare for Nigerians…

Published

on

Tinubu VerseNews001
President Bola Ahmed Tinubu

President Bola Ahmed Tinubu has approved a 50% reduction in the price of interstate transport fare for Nigerians traveling during the yuletide from December 21, 2023, to January 4, 2024, VerseNews confirms.

Additionally, the President approved free rides for commuters on all train services within this period.

The announcement was made by the Minister of Solid Minerals Development, Mr. Dele Alake, who stated that the special presidential intervention aims to provide relief for Nigerians during the holiday season.

Advertisement

The discount applies to public transport via mini buses and luxury buses, while train services on specified routes will be offered at zero cost.

Air travel is excluded from the initiative, focusing on mass transportation for the general public.

The minister added that the gesture was in the spirit of Christmas and the end of year festivities.

Advertisement

According to Alake; “President Bola Tinubu, in another demonstration of his love for Nigerians, has approved that the Federal Government should intervene to bring down the cost of public transportation to allow our compatriots who want to travel to visit their loved ones and hometowns to do so without stress and the extra burden imposed by the high cost of transport around this period.

“The President is well aware of the recent increase in cost of inter-state transportation and even for air travel. Traditionally, our people love to travel during Christmas and end of year to be with families and friends and this has been the practice for ages.

“We also know that globally, intra-country travels and movement of people, goods and services always peak around Christmas and end of the year because of socio-gravitational pull of the period which transporters always cash on to increase fares astronomically.”

Advertisement
WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

Bruno Bruno
Sports2 days ago

Man United Captain Bruno Fernandes Wins Premier League Player of the Season

Manchester United captain Bruno Fernandes has been crowned Premier League Player of the Season...

Rotimi Amaechi ADC Rotimi Amaechi ADC
Politics2 days ago

I’m the Most Experienced, Most Electable Candidate in ADC — Amaechi

Former Rivers State Governor Rotimi Amaechi has declared himself the most qualified presidential aspirant in the African Democratic Congress ahead...

Abia Governor Alex Otti Abia Governor Alex Otti
News2 days ago

‘Abia Under Me Has Changed Completely’ – Alex Otti Reveals Major Achievements After Three Years in Office

Abia State Governor Alex Otti says his administration has constructed over 400 roads across the state and reduced Abia’s debt...

460840885 1330647207915400 3100274530716194674 n 460840885 1330647207915400 3100274530716194674 n
Entertainment2 days ago

‘I Started Smoking in JSS3’ — Ebuka Opens Up on 13-Year Addiction Battle

Media personality Ebuka Obi-Uchendu has opened up about his long battle with smoking addiction.

hunger woman hunger woman
News2 days ago

35 Million Nigerians Risk Acute Hunger in Coming Months — UN Warns

The United Nations on Friday warned that about 35 million Nigerians are at risk of acute hunger from June to...

ahmusys ahmusys
Entertainment2 days ago

‘Why I Froze My Eggs at 30’ — Ashmusy Reveals

Nigerian content creator Ashmusy has opened up about freezing her eggs, failed relationships, childhood struggles....

Charles Soludo 1 1 Charles Soludo 1 1
News2 days ago

Anambra New Burial Law, Bans Presentation of Cows, Goats as Condolence Gifts

The Anambra State Government has introduced strict new funeral regulations, banning midweek burials, expensive condolence gifts, wake-keep ceremonies...

JAMB logo JAMB logo
Education2 days ago

JAMB Releases 279 Withheld UTME Results

The Joint Admissions and Matriculation Board has released 279 Unified Tertiary Matriculation Examination results that had earlier been withheld for...

trump warn trump warn
News2 days ago

Nigerians, Others May Be Forced to Leave America as Trump Introduces Fresh Green Card Rule

Donald Trump has directed that Nigerians and other foreign nationals seeking green cards must return to their home countries to...

Boko Haram terror group Boko Haram terror group
News2 days ago

Oyo Schools Kidnap: Terrorists Open Talks, Give Fresh Condition

Fresh fears have spread across parts of Oyo State after terrorists who abducted pupils and teachers from multiple schools reportedly...

Advertisement