Nigerians travelling within the country this yuletide season will pay less for public transport as President Bola Tinubu will bear 50 per cent of the transportation cost, Minister of Solid Minerals, Dele Alake told the Nigerian press on Wednesday.
The discount will run from December 21 (today) to January 4, 2024, he said, and inter-state travel via trains will be at zero cost to Nigerians.
Since Tinubu scrapped the gas subsidy which made gas cheap in the country, the price of gas has soared – now selling at N640 ($0.78) from N190 ($0.23) – leading to an astronomical rise in the cost of transportation. The intervention, many Nigerians believe, would lessen the burden of the high cost of transport this Christmas season.
“The Federal Government, through the Ministry of Transportation, will be working with transporters, road transport unions, and the Nigerian Railway Corporation to seamlessly deliver on this special presidential initiative,” Alake said.
According to a social media post by Tinubu’s media aide Bayo Onanuga late Wednesday, the Nigerian government is partnering with five transport companies: God is Good Motors, Chisco Transport, the Young Shall Grow, God Bless Ezenwata, and Area Motor.
Read more: https://www.channelstv.com/2023/12/20/breaking-fg-slashes-public-transport-fare-by-50/
—Ezinwanne Onwuka reports for TruthNigeria from Abuja.
