Yuletide: Tinubu approves 50% reduction in transport fare nationwide

A fifty percent reduction in the rates charged by commercial buses on interstate routes during the Yuletide has been announced by President Bola Tinubu.

The development was revealed on Wednesday by Mr. Dele Alake, Minister of Solid Minerals, who also mentioned that all train routes will be free starting on Thursday, December 21, 2023, and ending on January 4, 2024.

In addition, he clarified that air travel was excluded because it was reserved for affluent people, emphasizing that the project was a presidential intervention on mass transit.

The minister explained that the gesture was made in keeping with the Christmas and end-of-year 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.”

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