The operators of the Lagos Bus Rapid Transit (BRT), Primero Transport Services Ltd says it has secured approval to increase its fares across all routes with effect from Friday to keep serving the people.
The company had earlier withdrawn its services since Monday over losses occasioned by COVID-19 new transport guidelines that mandated it to commute only 20 passengers per trip instead of 70.
But on thurdsay, Fola Tinubu, the BRT Managing Director, said the management would resolve all issues with the government in the afternoon and restore services on Friday.
“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),” he said.
According to the News Agency of Nigeria (NAN), Tinubu said the firm understands the plight of the people and the economic situation, but the step became imperative to keep serving the commuters diligently and to provide a world class service for 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.
“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,” Tinubu said.