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Cash scarcity: Sanwo-Olu announces 50% fare reduction on state-owned transport services

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Lagos State governor, Babajide Sanwo-Olu, has announced a 50 percent reduction in the prices of all state-owned transport services.

The transport services include the Bus Rapid Transit (BRT), Lagos ride taxis, ferries, and other transportation services in the state.

The gesture comes amid the lingering petrol and cash scarcity, which has subjected residents of the state to biting hardship.

Last week, some civil society organisations (CSOs), stormed the streets of Lagos to protest over the unavailability of cash at ATM points and financial institutions.

In a related development, the Lagos chapter of the All Progressives Congress (APC), on Tuesday, announced the suspension of its campaign activities over the current petrol shortage and ongoing nationwide cash crunch.

Reacting to these events on Wednesday, Sanwo-Olu said the state will reduce transport fares and make provision for food banks in vulnerable places in the state to “cushion the effects of what our citizens are facing.”

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“I have directed that from tomorrow (Thursday), on all of our Lagos bus system, all of our BRT buses, on all of our LAGRIDE taxis, all our ferries, boats, and LASTMA buses and small buses we have in the state, that they should be carrying passengers at 50 percent of the current fare,” he said.

“This will continue to happen using their Cowry cards and we want to further make Cowry cards available for all willing citizens. We have over 3 million cards out there that are being used, we believe we will make them a lot more available.

“So, for the next one week, passengers will enjoy a 50 percent discount from tomorrow morning.

“You will also see us distributing food items, foodstuff that we are making arrangements for. And we have tens of thousands that are already ready and we will be identifying various locations in which we will be distributing these food packs so that we can cushion the effect on all our citizens.”

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FCCPC to review new price hike of DStv, GOtv packages

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The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price increases in MultiChoice cable subscriptions will reviewed by relevant stakeholders to ensure subscribers in Nigeria get value for their money.

 

The Acting CEO of FCCPC, Adamu Abdullahi, spoke exclusively to Channels Television on its Dateline Abuja programme on Thursday.

 

During the interview, he provided an update on the summons issued to the owner of a Chinese store in Abuja accused of discriminatory and sharp practices.

 

He also commented on the adherence to the order given to the Abuja Electricity Distribution Company, stating that sanctions are imminent for all verified infractions identified by the agency.

 

MultiChoice, a major satellite television service in Sub-Saharan Africa based in South Africa, recently announced fresh increases in prices on the DSTV and GOtv packages, saying the increase was necessitated by the rise in the cost of business operations.

 

According to the company, the increment would take effect on May 1, 2024.

READ  Police arrest two with 70 cartons of expired drugs in Lagos 

 

The Premium package on DSTV which used to cost N29,500, would now go for N37,000, while the Compact Plus which currently goes for N19,800, has been increased to N25,000.

 

See full list of price changes below:

DStv Package Old Price New Price (monthly)
Premium 29,500 37,000
Compact Plus 19,800 25,000
Compact 12,500 15,700
Confam 7,400 9,300
Yanga 4,200 5,100
Padi 2,950 3,600
HDPVR Access Service 4,000 5,000
Access Fees 4,000 5,000
XtraView 4,000 5,000

 

 

GOtv Package Old Price New Price (monthly)
Supa+ 12,500 15,700
Supa 7,600 9,600
Max 5,700 7,200
Jolli 3,950 4,850
Jinja 2,700 3,300
Smallie 1,300 1,575

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BREAKING: Air Peace to commence Abuja-London flights, says Keyamo

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AIR PEACE

 

Local airline operator Air Peace will commence its Abuja-London route very soon, the Minister of Aviation and Aerospace Development, Festus Keyamo, has said.

 

Keyamo, who stated this on Channels Television’s Politics Today programme on Thursday, said he has given the approval for Air Peace to add Abuja to its London route.

 

On March 30, 2024, Air Peace reciprocated the lopsided Bilateral Air Service Agreement (BASA) between Nigeria and the United Kingdom when the local airline began direct flight operations from Lagos to Gatwick Airport in London.

 

The development has been applauded by many industry observers with more local airlines being encouraged to commence international flights to profitable routes.

 

The price of international flight ticket on the Lagos-London route was as high as N3.5m but with Air Peace pegging a return economy class ticket for N1.2m, foreign airlines such as British Airways, Virgin Atlantic, and Qatar Airways have been forced to slash their prices to stay competitive.

READ  Tinubu arrives Lagos ahead of Eid-el-Fitr celebration

 

 

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Despite irregularities, 2023 poll reflected will of Nigerians – US report

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The 2023 Country Reports on Human Rights Practices says the last general election in Nigeria reflected the will of the populace despite widespread irregularities.

 

The report published by the bureau of democracy, human rights, and labour, US Department of State, highlights human rights practices and violations in different countries, including Nigeria.

 

The report stated that supporters of the All Progressives Congress (APC) suppressed votes in Igbo-dominated areas during the March 2023 governorship election in Lagos.

 

“National elections were widely reported to have reflected the will of voters, despite technical and logistical difficulties, and some irregularities,” the report reads.

 

“Many independent observers assessed the results of the presidential, legislative, and state-level elections during the year reflected the will of voters, despite reports of voter suppression and vote buying, campaigning at polling stations, lack of ballot secrecy, violence, and intimidation.

 

“During the March 18 state election in Lagos, All Progressives Congress (APC) supporters reportedly intimidated and
suppressed voters in Igbo-dominated areas, which Labour Party presidential candidate Peter Obi won in the February 25 national election.

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“Viral videos on social media showed APC supporters in Ojo (a LGA in Lagos) threatening to attack ethnic Igbo voters presumed to be pro-Obi.

 

“In Eti-Osa, APC supporters also attacked journalists and, in some cases, shut down voting and prevented non-Yoruba voters from accessing polls. They similarly destroyed property and physically blocked voters in Amuwo-Odofin.

 

“According to videos posted on social media, police officers were present but failed to respond to attacks.”

 

The report said there was no evidence that individuals who perpetrated violence in Lagos during the election were arrested or prosecuted.

 

‘CORRUPTION IN GOVERNMENT‘

The report stated that the Nigerian government has not “consistently” implemented anti-corruption laws.

 

It said there was “widespread” corruption across the country, including in the judiciary.

 

“In August, President Tinubu appointed former Governor Abubakar Bagudu, the Minister of Budget, despite Bagudu’s widely reported history of helping then-President Sani Abacha steal hundreds of millions of dollars from the government in the 1990s,” the report said.

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“Police arrested former Central Bank Governor Godwin Emefiele on June 10 and charged him and a co-defendant with defrauding the government of 6.5 billion naira ($10.4 million), later reduced to 1.6 billion naira ($2.5 million).”

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