Subsidy Removal: Transportation Fare Rises By 100% In Lagos, Ogun

Following President Bola Tinubu’s inaugural speech on Monday, that subsidy for premium motor spirit (PMS), popularly known as petrol, is no longer in existence, transportation fare in Lagos and Ogun States has risen by 100 percent.

“On fuel subsidy, the budget I met before I assumed office and what I heard is that there is no provision for subsidy. Fuel subsidy is gone,” Tinubu had said.