The identity and profession of the driver has also been revealed following his arraignment in court by the police.
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The state Police Public Relations Officer, SP Benjamin Hundeyin, confirmed the development on Tuesday.
Hundeyin said the driver would be charged in court on Tuesday for manslaughter.
It occurred in the early hours of Monday around Charlie Boy Bus Stop on the Gbagada-Oshodi Expressway.
An eyewitness simply identified as Sodiq who spoke to our correspondent on the telephone said the two yet-to-be-identified women died on the spot.
Operatives of the Lagos State Traffic Management Authority have rescued a female asthmatic patient and a commercial bus driver from an accident scene at Ajala inward Abule Egba area.
A taxi driver, Abdulhamid Gabawa was on Monday arraigned in a Kado Grade I Area Court, Abuja for allegedly assaulting a Federal Road Safety Corps ( FRSC) personnel.
Hyginus Omeje, the FRSC Lagos State Sector Commander, said this in an interview with the News Agency of Nigeria on Saturday, adding that the agency departed from the old system long time ago.