Governor BABAJIDE SANWO-OLU of Lagos State has slashed the transportation fares of the state-owned buses by 50 per cent and rolled out other palliatives to cushion the impact of subsidy removal.

Speaking at a press briefing at the Lagos House, Ikeja, Governor SANWO-OLU stressed that the state government is working towards rolling out these palliatives to lessen the pain that the removal of subsidy has brought on the citizens.

According to the governor, the 50 per cent slash in transportation costs by the government will take effect from Wednesday, August 2, 2023.

He added that modalities have also been put in place by the informal transportation sector, especially the yellow buses, to slash their charges by 25 per cent.

The governor also pledged to distribute foodstuff to the vulnerable through the local council development areas.