PRESIDENT Bola Tinubu has approved a 50 percent reduction in land transportation fares nationwide, from December 21 to January 4, 2024.
The President has also approved zero fare for train transportation across the country within the same period.
This was disclosed by the Minister of Solid Minerals Development, Mr. Dele Alake on Wednesday while briefing State House correspondents at the Presidential Villa, Abuja.
Alake said, “It is in this wise that the President is announcing through us that beginning from tomorrow, December 21, Nigerians willing to travel can board public transport via mini buses, luxury buses at 50 per cent discount of current cost and all our train services on the route the trains currently serve at zero cost on their travels this holiday season.
“This special presidential intervention will commence tomorrow, Thursday, December 21 and it will end on January 4, 2024.
“The Federal Government, through the Ministry of Transportation, will be working with transporters, road transport unions, the Nigerian Railway Corporation to seamlessly deliver on this special presidential initiative.”
Alake added that, “I can tell you that all the relevant stakeholders in that industry have been discussed with or been engaged and all the parameters laid out and the Minister of Transportation has the full details and it’s on top of the game.
“In fact, the Presidents of the various transport unions have been met…and everything is in top shape in terms of execution.”
According to Alake, air iravel was excluded from the initiative because it “luxury.”
“The initiative is for the masses. Air is luxury. The masses don’t use air transport. So they are our main target,” he explained.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.