Operators of regulated bus and ferry services are recalibrating their validators to effect a 50 per cent fare cut directed by Governor Babajide Sanwo-Olu. The new fare will come into effect on Friday, 10th February 2023.
The fare slash, according to the Governor, is to “cushion the effects of the challenges thrown up by the lack of the new Naira denominations and the lingering fuel shortage.”
To effect the new fare, all the validators on regulated buses and ferry services will have to be re-calibrated so that commuters using the Cowry Card are not short-changed.
The recalibration will be effected on only regulated buses and ferry services.
Though the Governor directed that the new fare comes into effect on Thursday, February 8, operators have appealed to Lagosians to enable them use the next 24 hours to re-calibrate all the validators on regulated buses and ferry services. This order does not affect ‘Cowry Danfo.’