
By allcitynews.ng
Amidst hard business growth and sustainability environment, the management of Lagos Metropolitan Area Transport Authority (LAMATA), has announced an 18 per cent increase in fares for its Bus Reform Initiative (BRI), scheme. The upward review will take effect from February 17.
LAMATA said the decision to hike the fares was due to the rising cost of diesel and the high number of buses that were out of operation due to the lack of spare parts.
Findings by allcitynews.ng showed that from Ojudu Berger down to CMS/TBS, which used to be N500 is going to be N900 while from Ikorodu to CMS/TBS which was N700 is going to be N1, 260 from Monday February 17, 2025.
“The fare rise is because of the increase in the cost of operations and the need to ensure that buses keep running and guarantee your movement around Lagos.
“We seek your understanding and cooperation,” LAMATA said in a statement.
The Lagos Government had in November 2023 cancelled the 50% transport fare discount on all BRT and reverted to the old prices.
“The statement informed commuters that starting “from Monday, November 6, 2023, transport fare will return to the pre-2nd August 2023 rate.”
Governor Babajide Sanwo-Olu had in July 2023 reduced the transport fares for the state-owned buses and commercial buses by 25% on all routes.
The moves were parts of efforts to cushion the impacts of the removal of fuel subsidy by the President Bola Tinubu government.
It would be recalled that in 2020, Primero Transport Services Ltd., operator of the Lagos Bus Rapid Transit (BRT), said it secured approval to increase its fares across all routes with effect to keep serving the people.
It would also be recalled that the firm had withdrawn its services over losses occasioned by COVID-19 new transport guidelines that mandated it to commute only 20 passengers per trip instead of 70.
But, in 2022, Governor Babajide Sanwo-Olu approved a flat rate increase by N100 in bus fares for all Bus Rapid Transit (BRT), and standard routes as part of measures to sustain operations.
The increase, which commenced on Wednesday, July 13, 2022, was aimed at ensuring sustainability of the BRT and standard route schemes.
Further reviews of BRT fares occurred during the Naira redesign crisis, and when the removal of subsidy caused inflation.
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