Lagos State governor, Mr. Babajide Sanwo-Olu, has announced a 30 per cent reduction in the fare of the Lagos Rail Mass Transit, LRMT, Red Line just as he commissioned the newly constructed Abule Egba Bus Terminal.
The terminal is a key infrastructure project designed to enhance public transportation in the state.
With the new fare announced on Tuesday, a trip between Agbado and Oyingbo will now be N1000 as against N1500 before the announcement.
“We have looked at the numbers and have therefore decided to have 30 per cent reduction on the fare paid on the Red Line. This means that a trip from Agbado to Oyingbo will now cost N1000.
“Today because it is about transportation, we’ve done our numbers we feel good and so I want to announce that today we’re reducing fares on our Red Line immediately, we will be doing a 30% reduction to bring down the price from N1500 to N1000,” the governor said.
This rebate, he explained, is aimed at encouraging wider adoption of the Red Line and providing some relief to commuters amidst current economic realities.
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The Red Line commenced passenger operations on 15 September 2024 with six trips daily but increased to nine trips a day on 10 February 2025.
At the inauguration of the terminal, located along the Oshodi-Abule Egba Expressway, and strategically positioned to complement Bus Rapid Transit (BRT) operations along the Oshodi-Abule Egba corridor, Governor Sanwo-Olu emphasized the importance of the new terminal in improving connectivity and easing commuting challenges for residents of the area and Lagos at large.
“This Abule Egba Bus Terminal is a testament to our administration’s commitment to providing efficient and accessible public transportation for all Lagosians,” the governor stated.
“It will serve as a vital hub, seamlessly integrating with the BRT network and offering a comfortable and organized transit experience,” he added.
The governor highlighted the impact the bus terminal would have in commuter services with the Quality Bus Corridor project (QBC), now under construction, and the planned expansion of the BRT system, noting that it would play a crucial role in the future extension to Sango. He reiterated his administration’s focus on developing integrated multimodal transport solutions that address the growing transportation needs of the state.
State dignitaries present at the event included Deputy Governor, Dr. Kadri Obafemi Hamzat; Secretary to the State Government (SSG), Barr. ‘Bimbola Salu-Hundeyin; Head of Service (HOS), Mr. Olabode Agoro; Permanent Secretary, Lagos State Ministry of Transportation, Mr. Olawale Musa, who represented the Commissioner for Transportation, Mr. Oluwaseun Osiyemi; Chairman Agbado-Okeodo Local Council Development Area, Hon. Oladapo Famuyiwa; Chairman Orile-Agege Local Council Development Area, Hon. Johnson Babatunde, and Chairman Ojokoro Local Council Development Area, Hon. Hameed Tijani.
