Sanwo-Olu Approves Hike In Fares For All BRT Routes By N100, Starting July 13th

Babajide Sanwo-Olu approves an increase of N100 for fares of Bus Rapid Transit (BRT) buses for all routes.

The move was aimed at sustaining BRT operations in the state, amid rising cost of diesel, leading to withdrawal of buses.

The increase in the fares for all BRT routes in the state is scheduled to commence on Wednesday, 13th July 2022.

A bus ride from Ikorodu – TBS will cost now N600 from N500, while Berger to Ajah is now N700, up from N600.

Oshodi to Abule Egba will cost N450 from N350 and Abule-Egba-CMS-Obalende will attract a fare of N600.

Lagos State Governor, Babajide Sanwo-Olu has approved a flat rate increase by N100 in bus fares for all Bus Rapid Transit (BRT). The increase in fare is scheduled to commence on Wednesday, 13th July 2022.

Spokesman for the Lagos Metropolitan Area Transport Authority (LAMATA), Kolawole Ojelabi, who made this known in a statement on Thursday said the move was aimed at sustaining BRT operations in the state, amid rising cost of diesel, leading to withdrawal of buses and longer waiting time at bus stations.

Ojelabi added that Sanwo-Olu has also approved a proposal of a bail-out for the bus operating companies in a bid to minimise the effects of the harsh operating environment.

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“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.

“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 optimal performance of the bus operating companies leading to the withdrawal of buses from operation and longer waiting time at bus stations.

“The governor in consenting to the fare increase also approved a proposal for a bail out for the bus operating companies in other to cushion the effect of the harsh operating environment and safeguard private partnership investment and forestall the demise of formalized bus operations in the state.

“With the increase, a bus ride from Ikorodu – TBS will now cost N600 from N500 while Berger to Ajah is now N700, up from N600. Oshodi to Abule Egba will cost N450 from N350 and Abule-Egba-CMS-Obalende will attract a fare of N600.”

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