Oyo State Government said it has committed N2.1 billion to subsidise transport cost for residents across Ibadan and other inter-city routes, including Ibadan-Iseyin-Saki route, Ibadan-Oyo-Ogbomoso route and Ibadan-Ibarapa route.
The cost, the government said, had subsidised transport fare for no fewer than 5,880,000 passengers under the Sustainable Action for Economic Recovery (SAfER) between January and July 2025.
The Chairman/Sole Administrator of the Pacesetter Transport Services (PTS), Dr Ibrahim Dikko, made the disclosure while briefing reporters at the Governor’s Office Briefing Room.
He said Pacesetter Transport Services was able to commute at least 9,950,000 passengers in 2024.
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According to him, under the SAfER Transport, an initiative introduced by Governor Seyi Makinde to mitigate the economic hardship facing residents of the state, students, pensioners, the aged, people living with disabilities and other residents enjoy subsidised transportation in the state-owned Pacesetter Buses on different intra-city and inter-city routes.
Dikko said: “Since August 5, 2023, when Governor Makinde announced SAfER, to date, the state government has spent N2,151,000,000 to subsidise transportation for the people.
“Between August 5 and December 2023, the governor invested N541 million in subsidising transport fare by 50 per cent for residents of the state. We commuted between 26,000 and 30,000 people on a daily basis in 2023.
“In 2024, the governor invested N924 million and we commuted over 9,950,000 people in 2024. This year, as we speak, the governor has invested N686 million and so far, from January to date, we have commuted about 5,880,000 passengers.’’