In response to the recent removal of fuel subsidies and its subsequent impact on the economic landscape, a prominent transport company in Akwa Ibom, Capital Luxury Transit, has announced a 25% slash in transportation fares to all routes across the country.
The chairman of Capital Luxury Global Group, Edidiong Udoidiong, who announced this in a statement issued on Tuesday, August 22, in Uyo, said that the reduction commenced on June 15, 2023.
The statement read,
“The recent removal of fuel subsidies has undeniably affected various sectors, including transportation, and we are keenly aware of the impact this has on our valued customers.
“In the light of the prevailing economic challenges facing our great nation, Capital Luxury Transit, a trailblazer in luxury road transportation, has taken a bold step towards mitigating the burden on our esteemed passengers.
“We are excited to announce a nationwide fare reduction of up to 25% which commenced on June 15 2023 (two months and ongoing) Understanding the financial strains faced by individuals and families.”
While commending the CEO for his foresight and compassion for the plight of Nigerians, the statement added that Capital Luxury Transit would remain resolute in its commitment to delivering luxury, safety, and convenience despite the complex circumstances.
It further stated,
“Capital Luxury Transit remains resolute in its commitment to delivering luxury, safety, and convenience. This fare reduction, a testament to the CEO’s compassion and foresight, underscores the unwavering resolve to serve customers with a commitment that transcends financial challenges.
“As a prominent player in the luxury transportation industry, we believe that this fare deduction not only eases the financial burden on our passengers but also exemplifies our corporate responsibility in times of economic flux.
“Our dedication to passengers’ satisfaction remains unswerving, and this reduction is just one example of our ongoing efforts to ensure that luxury remains accessible to all.”
“Capital Luxury Transit’s nationwide fare reduction will encompass all our routes and services, allowing a broader spectrum of individuals to experience the opulence and comfort from a brand (Capital Luxury Transit) that has changed the narrative of transportation in the country.”
