Primero Transport Services Ltd., the operator of the Lagos Bus Rapid Transit (BRT), says it has secured approval to increase its fares across all routes with effect from Friday.
The BRT operator had withdrawn its services since Monday over losses occasioned by new COVID-19 transport guidelines that mandated it to commute only 20 passengers per trip instead of 70.
Earlier on Thursday, Fola Tinubu, the BRT managing director, told NAN that the management would resolve all issues with the government in the afternoon and restore services on Friday.
Speaking after the meeting, Tinubu said: “We are going to increase our pricing effective from tomorrow Friday, May 29. We agreed on this after our talk with the Lagos state government.
“Everywhere commuters are paying N200 for a trip, it is going to be N300 and everywhere commuters are paying N300 per trip, it is going to be N500.
“We are increasing our fares. We have secured permission of the regulator, Lagos State Metropolitan Area Transport Authority (LAMATA).”
According to him, the firm understands the economic situation, but the step became imperative to keep serving them.
“We are doing this not to punish anybody or to victimise anybody but because the circumstances we found ourselves forced us to do it,” he said.
“We need to make sure the company is on a sound financial footing, and if we don’t do this, the buses will not be available in the long run and there will be no way for us to fix buses and bring new buses.
“The business must be on a solid financial footing. Without this, the company cannot survive, and if the company does not survive, it will even cost commuters more in the long run.
“We understand that this is going to put some hardship on people but if we don’t do this and the company goes under, it will even cost the people more.”
He said the number of passengers on the buses would also be increased to 42 with no passenger standing; this is against 20 earlier approved by the government to curb the spread of COVID-19.
The managing director expressed regret for the inconvenience and distress the withdrawal of services had caused the commuters in Lagos since Monday.
He said the firm would be back in full operations and would make 320 buses available to make sure people got to destinations in time and safely.
According to him, the firm will ensure that going forward, the wait time and queues at bus stations are reduced.
The BRT fare increase was last approved by the Lagos state government on March 1, 2017, during the tenure of Akinwunmi Ambode.
Source: The Cable