Capital Luxury, the leading Nigerian conglomerate dealing in transport, luxury automobile, realty, homes and property development and logistics, has announced a 25% cut in transportation fares to passengers across all routes in the country.
This was contained in a statement signed by the chairman of the group, Mr. Edidiong Udoidiong and made available to newsmen in Uyo, the Akwa Ibom State capital.
Udoidiong, who disclosed that the reduction commenced on June 15, 2023, noted that the removal of fuel subsidies has affected various sectors, including transportation, stressing that his company is keenly aware of the impact the situation has caused their valued customers.
Part of his 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 since June15 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 plights 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
“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 farer eduction 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 however stressed that its nationwide fare reduction will apply to all routes and services, making the opulent and comfortable experience of riding with the company accessible to a wider range of people.
“Capital Luxury Transit has redefined transportation in the country, and the fare reduction is the next step in making the company’s services even more accessible to all,” the company noted.
