The Lagos State Governor, BABAJIDE SANWO-OLU has announced the reduction of transportation fare in the state by 50 per cent.

He made the announcement while addressing journalists at the Lagos House in the Marina area of the state.

According to the governor, the price reduction in all state public transportation on the road, and waterways system would take effect next week.

He noted that the BRT buses, first and last-mile buses have been directed to charge 50 percent of the current fare to reduce the hardship of the naira swap on residents.

The governor also stated palliative items will be distributed to residents as of tomorrow through religious leaders, non-governmental organizations, to assist those affected by the current situation.