FG Approves 50% Reduction In Transport Fares Nationwide
The federal government has offered a 50 percent discount to Nigerians traveling by road for the yuletide season.
To achieve this, the federal government signed a memorandum of understanding (MoU) with the leadership of road transport unions and some transport companies.
The agreement was signed on behalf of the federal government by the Minister of Transportation, Sen. Said Alkali, who was represented by the Permanent Secretary of the Ministry, Adeleye Adeoye.
The Ministry also noted that the Minister will soon reveal the details of the 2024 Yuletide road and rail transportation palliatives to provide succour to Nigerians in line with President Bola Ahmed Tinubu’s declaration.
The Ministry stated: “To commence the 2024 yuletide road transportation where passengers will board buses to their destinations for only 50% of fares, as declared by President Bola Tinubu, the Minister of Transportation, Sen. Said Ahmed Alkali, represented by the Permanent Secretary, Federal Ministry of Transportation, Adeleye Adeoye, has today, Thursday, 19 December 2024, signed a memorandum of understanding (MoU) between the federal government and the leadership of the National Union of Road Transport Workers (NURTW); Road Transport Employers Association of Nigeria (RTEAN); Association of Luxurious Buses of Nigeria (ALBON); and God is Good Motors (GIGM).”
The Ministry noted that the initiative was part of the government’s efforts to offer transportation palliatives from Abuja, the Federal Capital Territory (FCT), and Lagos (Oshodi) to other parts of Nigeria, so that people who are going for the celebrations of Christmas and New Year, respectively, can have affordable transportation.
