The Federal Government of Nigeria has listed routes and the companies it would partner with to slash transport fares for its announced intervention scheme.
This was made known by the Solid Minerals Minister, Dele Alake, in a press conference in Nigeria’s capital Abuja on Wednesday.
The minister said the presidential intervention of the 50 per cent transport fare slash on road transport is proof of President Bola Tinubu’s commitment to the welfare of Nigerians.
He stated that the move seeks to ease movement across the country during the festive season.
The names of the transportation companies and routes were later listed by presidential aide Bayo Onanuga.
Onanuga listed GIG (God is Good), Young Shall Grow, Area Motor, Chisco Transport, God Bless Ezenwata as some of the participating companies.
Coys and routes for transport fare slash
Lagos – Kanο
Lagos – Abuja
Lagos – Jos
Lagos – Enugu
Lagos – Onitsha
Lagos – Owerri
Lagos – Aba
Lagos – Abakaliki
Lagos – Nsuka
Lagos – Uyo
Lagos-Kaduna-Zaria
Lagos-PH
Onitsha-Kano
Onisha-Lagos
Onisha-Jos
Onisha-Abuja
Onisha-Sokoto
Onisha-Gombe
Onisha- Zakibiam
Ph-Owerri-Aba-Kano
Aba-Owerri- Abj
Aba-Lagos
Abuja-Sokoto
Abuja-Lagos
Abuja-Onitsha- Owerri – Port Harcourt
Abuja-Enugu/Abakaliki
Abuja-Gombe
Abuja-Kano
The Federal Government’s transport fare slash move also affects rail transportation with a 100 per cent waiver from Thursday, December 21, 2023, to January 4, 2024.
“What this means is that from tomorrow (Thursday), Nigerians willing to travel can board public transport via luxury buses at a 50% discount of current cost and all our train services on the routes the trains currently serve at zero cost to-and-fro on their travels this holiday season,” Alake said.
The cost of transportation has increased by more than double since petrol subsidies were removed earlier in the year.
In the wake of the petroleum subsidy reduction, the government made ideas including the deployment of gas-powered buses for public transport as a measure to bring down transport fares, one of the key problems faced by Nigerians.
As part of the plan, the government also proposed a N35,000 ($45) a month pay raise for six months for federal employees, a temporary suspension of VAT on diesel and social security cash transfers to the poorest Nigerians.
The level of delivery on the Federal Government’s promises on cash transfers and pay rise has not been entirely confirmed at the time of this report.