Tinubu Announces Transport Fare Reductions Starting October
On September 19, 2026, President Bola Tinubu announced plans for measurable reductions in transportation costs starting October 1, 2026, linked to the National Affordable CNG Transit Programme. He cited that CNG-powered buses saved Kaduna commuters N3.5 billion in their first year of operation.
Following a meeting on August 27, 2026, with the governors of the 36 states, an implementation committee was established under the Nigeria Governors’ Forum, chaired by Kwara State Governor AbdulRahman AbdulRazaq. The initiative aims to provide an alternative to rising fuel prices, with petrol now priced between N1,400 and N1,450 per litre in major cities.
Tinubu highlighted previous fare reductions due to CNG initiatives, including a drop in the Lagos-Ibadan fare from N8,000 to N3,200 and a 40% reduction on some Abuja routes. The Federal Government plans to expand CNG infrastructure, financing over 100 gas projects, including 1,000 CNG refuelling stations nationwide.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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