Current:Home > MarketsNigeria slashes transport fees during the holidays to ease some of the pain of austerity measures -Financial Clarity Guides
Nigeria slashes transport fees during the holidays to ease some of the pain of austerity measures
Chainkeen View
Date:2025-04-08 14:50:12
ABUJA, Nigeria (AP) — Nigeria’s leader slashed the fees during the holiday season for several public transport routes in half and offered free train rides starting Thursday, hoping to ease — at least temporarily — some of the economic hardship caused by his government’s austerity measures.
Elected in May to lead Africa’s most populous country, President Bola Tinubu has introduced several economic changes, including removing decadeslong gas subsidies. The impact of the measures has worsened the cost of living for millions already struggling with record inflation.
Nigeria is a nation of more than 210 million people and also the continent’s largest economy but it suffers from widespread poverty, violent crime and religious extremism. The population is almost evenly divided between Christians, dominant in the south, and Muslims in the north, and Christmas is a national holiday.
Government minister Dele Alake, in charge of the solid minerals portfolio, told reporters late Wednesday that the government’s decision on the reduced cost of public transport fees comes “in recognition of the economic situation of the country which he (Tinubu) is working very hard to turn around.”
Though Nigerians often see Christmas as a once-in-a-year opportunity to reunite with families back in rural areas, fewer people are traveling home this year as more citizens are forced to decide between traveling or saving money for basic necessities such as food.
In big urban places such as the economic hub of Lagos, transport fares have more than tripled since the government removed gas subsidies. Commuters now have to pay for cabs within the city with what three years ago would have been enough for an interstate plane ticket in Nigeria.
“This season has not been like other seasons,” said Ndubuisi Anyanwu, a bus driver at a popular Lagos park, lamenting the lack of passengers “because there is no money.”
The change in public transport fees will target 5 million Nigerians and last till Jan. 4, presidential spokesman Bayo Onanuga said. There will be free transport on the three major train routes in the country in addition to a 50% discount when travelers use any of the selected five popular transport companies across 28 routes, Onanuga said.
While the intervention was welcomed by many, some criticized the decision to limit the 50% discounts to only five transport companies, saying this would limit the number of people impacted by the measure.
In the capital city of Abuja, Uche Udenwa says he will for the first time miss out on going home to his village in southeast Nigeria for Christmas because he can’t afford to pay more than double what he paid last year.
“I was looking forward to seeing my people this December but where will I see money to travel?” the 30-year-old trader said.
___
Associated Press writer Dan Ikpoyi in Lagos, Nigeria, contributed to this report.
___
This story has been corrected to show that government minister Dele Alake runs the portfolio on solid minerals, not the ministry of information.
veryGood! (731)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Love Is Blind's Hannah Jiles Shares Before-and-After Look at Weight Loss Transformation
- Angel Dreamer Wealth Society: Your Pathway to Financial Freedom through Expert Investment Education and AI Technology
- Coyote calling contests: Nevada’s search for a compromise that likely doesn’t exist
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Control the path and power of hurricanes like Helene? Forget it, scientists say
- Ex-New Mexico state senator John Arthur Smith dies at 82
- Biden sets a 10-year deadline for US cities to replace lead pipes and make drinking water safer
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Assorted Danish
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- American Water, largest water utility in US, dealing with cyberattack
- Federal judge orders Google to open its Android app store to competition
- FEMA administrator continues pushback against false claims as Helene death toll hits 230
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Love Is Blind Star Garrett’s New Transformation Has Fans Convinced He’s Married
- Hurricane Milton forces NHL’s Lightning, other sports teams to alter game plans
- Police say dispute at Detroit factory led to fatal shooting; investigation ongoing
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
A series of deaths and the ‘Big Fight': Uncovering police force in one Midwestern city
106 Prime Day 2024 Beauty Products That Rarely Go on Sale: Your Ultimate Guide to Unmissable Deals
Patriots' Jabrill Peppers facing assault charge in alleged domestic violence incident
The White House is cracking down on overdraft fees
Fantasy football Week 6: Trade value chart and rest of season rankings
Shams Charania replaces mentor-turned-rival Adrian Wojnarowski at ESPN
Soccer Star Jack Grealish Welcomes First Baby With Partner Sasha Attwood