The Lagos governor, Babajide Sanwo-Olu, has approved a N100 increase in fares of the Bus Rapid Transit (BRT) on all routes.
The increase, according to a statement on Wednesday signed by the spokesperson for Lagos State Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, is to sustain their operations across the state.
The increase takes effect from July 13.
With the latest development, a ride from Ikorodu to TBS will now cost N600 from N500, while Berger to Ajah will now cost N700, from N600. Oshodi to Abule Egba will cost N450 from N350 and Abule-Egba-CMS-Obalende will attract a fare of N600.N500, while Berger to Ajah will now cost N700, from N600. Oshodi to Abule Egba will cost N450 from N350 and Abule-Egba-CMS-Obalende will attract a fare of N600.
Why they increased BRT fares.
The agency explained that the economic realities haven’t been favourable to their operations.
“Operations of the transport scheme, of late, had been hampered due to rising cost of inputs required for sustainable service offering and the attendant high number of buses out of operation as a result of lack of spare parts,” the transport agency explained.
“For instance, the exponential increase in the pump price of diesel from N187 to N830/litre between August 2020 and June 2022, had greatly affected the optimal performance of the bus operating companies leading to the withdrawal of buses from operation and longer waiting time at bus stations.”
