He made the announcement on Wednesday while addressing
journalists at the Lagos House in the Marina area of the state.
According to the governor, the price reduction in all state
public transportation on the road, and waterways system would take effect next
week.
Sanwo-Olu noted that the BRT buses, first and last-mile
buses have been directed to charge 50 percent of the current fare to reduce the
hardship of the naira swap on residents.
“To further support Lagosians to weather these stormy days,
I hereby announce the following measures: A 50% cut in fares on all our BRT
buses, LAGRIDE taxi-scheme, First Mile and Last Mile buses, and Lagos Ferry
Services (LAGFERRY),” the governor said.
“This will take effect from tomorrow for the next seven
days. We will push out more Cowrie Cards to enable more Lagosians to get
onboard our services.”
The governor also stated palliative items will be
distributed to residents as of tomorrow through religious leaders,
non-governmental organisations, to assist those affected by the current
situation.
He further explained that the state government has suspended
the road construction along Buba Maruwa, Ijegun-Egba to ease fuel dispatch
across the state. And appeal to residents not to take advantage of the economic
challenge to perpetrate crime in the state.
While directing that food banks be set up in various parts
of the state to cater for the vulnerable, the governor added that the state
government will distribute food stuff to various communities.
The governor commended the military, the Department of State
Services (DSS), the police, the Civil Defence and Neighbourhood Watch for their
service and diligence in the state.
Enjoining Lagos residents to go about their lawful business
without fear, Sanwo-Olu warned “mischief makers who may see this as an
opportunity to incite violence that this is not the way to go.”