Welcome readers! Join us as we move around the continent to catch up on the latest transport updates!
Nigeria: Lagos ends 25% fare rebate on state-owned transport services
Recently, the Lagos State Government announced the discontinuation of the 25% fare discount on its regulated public transport buses, ferries, and train services. This decision, which was effective from Sunday, June 2, 2024, marked the end of a temporary measure introduced to ease transportation costs for commuters.
Recall that between August 2023 and February 2024, the Lagos State Government, at various times, implemented transport subsidies on all state-regulated transport services, offering discounts of 25% and 50%. These measures aimed to alleviate the financial burden on Lagos residents caused by the removal of fuel subsidies and ongoing economic challenges. This new decision will undoubtedly impact the average Lagosians who rely on this discount for their daily commutes.
Kenya: 39% Fuel Price Hike Proposal
Meanwhile, across the continent in Kenya, there are discussions of a significant 39% increase in fuel prices. If this proposal by the Transport Ministry is implemented, Kenyans may have to pay more at the pump, impacting transportation costs and the overall economy.
Stay tuned as we continue to monitor these developments and their impacts on transportation across Africa. Let’s stay informed together!