Lagos State Governor, Mr. Babajide Sanwo-Olu, on Wednesday announced a 50 percent slash in the transport fare of all Lagos state government-run vehicles.
The governor said that the measures were put in place to cushion the effect of the fuel crisis and cash shortage in the state while commending the judiciary for the pronouncement on the Central Bank of Nigeria’s new notes exchange deadline
Sanwo-Olu, in his address to Lagosians on the lingering fuel and cash shortages in the country, said that the state government halted road construction works on Ijegun Egba to enable fuel tankers to dispatch the product.
He also said food banks would be set up in some locations across the state to distribute foodstuffs to Lagosians.
The Governor thanked Lagosians for their understanding, patience, and resilience during this difficult moment appealing to them to continue to be peaceful.
He warned unruly persons against wanting to use the crisis to foment trouble.