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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…
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.
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.
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.”