Tinubu approves 50% cut in cost of inter-state transportation on luxury buses for the yuletide season
President Bola Tinubu has declared a 50% reduction in fares for commercial buses on inter-state routes during the Yuletide season. The announcement was made by Mr. Dele Alake, the Minister of Solid Minerals, who specified that train routes would be free from December 21st, 2023, to January 4th, 2024. Alake clarified that air transportation, being a privilege for certain individuals, is exempted.
This initiative is described as a presidential intervention in public transportation, aimed at benefiting the masses and aligning with the festive spirit of Christmas and the year-end celebrations.
Alake said, “President Bola Tinubu, in another demonstration of his love for Nigerians, has approved that the Federal Government should intervene to bring down the cost of public transportation to allow our compatriots who want to travel to visit their loved ones and hometowns to do so without stress and the extra burden imposed by the high cost of transport around this period.
“The President is well aware of the recent increase in cost of inter-state transportation and even for air travel. Traditionally, our people love to travel during Christmas and end of year to be with families and friends and this has been the practice for ages.
“We also know that globally, intra-country travels and movement of people, goods and services always peak around Christmas and end of the year because of socio-gravitational pull of the period which transporters always cash on to increase fares astronomically.”
that is good news….